Italian news

The automatic packing and packaging machines industry marks a historic milestone: in 2022, the industry recorded a total turnover of 8.537 billion euros, improving the previous record set in 2021 by 3.6%. Considering the 2019-2022 period overall, the industry's turnover has grown by approximately half a billion euros in...

The annual meeting of Amaplast was held at the Ca' del Bosco winery in Erbusco (Brescia) on 28 June. During the meeting, Massimo Margaglione (Gefit) was elected new president of the Italian plastics and rubber processing machinery and moulds manufacturers association for the 2023-2025...

With total sales of 1,543 million euros, generated by over 30 production and sales units in Europe, Asia, and America, RadiciGroup closed its 2022 financial year with slight growth over 2021. Ebitda reached 157 million euros in 2022, and net income for the year was 80 million euros...

One of the world leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics, Borealis, announced that it has signed an agreement to acquire Rialti, an Italian polypropylene compounder and recycler...

Effective May 2023, Francesco Motta is the new CEO of Marangoni Meccanica. He holds an MBA from China Europe International Business School, and a bachelor’s degree in mechanical engineering from Politecnico di Torino University, and brings a wealth of experience in general management, business strategy, sales and...

New governance and new board of directors for Sirmax Group, a company based in Cittadella (near Padua) specialising in the production of thermoplastic resins, led by President and CEO Massimo Pavin. In addition to Massimo Pavin himself and his brother Roberto (CFO) the new board, composed of five elements...

Director of Trieu Vinh Technical Trading Limited Company, Thanh Pham Van Phuc has been chosen by Colines as its new agent for Vietnam. The aim of the new collaboration is to enhance the Colines presence in the market of the Asian country. Thanh brings with him a wealth of experience in the plastics industry...

One of the main international groups in the production of rubber, plastic and silicone products, Oldrati Group is continuing its expansion by inaugurating its second Turkish plant. Ten years after the opening of the first Oldrati Kauçuk plant in Bursa, the company has now completed a new plant in Eskisehir. The building...

The Board of Directors of Piovan met today and approved the financial information as of March 31, 2023. In the first three months of this year, the Piovan Group's revenues amounted to 138.9 million euros, up 31.9 % from 105.3 million euros in the same period last year. Operating income amounted to...

A manufacturer of rotomolding tools based in Bergamo, Persico announced the takeover of Precision Mold Services. Founded in 1999 in Blaine, Minnesota, the US company is a rotomolding mold maker with capabilities in both CNC mold manufacturing and mold revisions/maintenance/repairs. Following the...

Per Benny Larson joined Syncro Group as the new head of business development in Asia. Larson has been working in the plastic industry for over forty years, more specifically about twenty years in plastic production and then in extrusion machinery service and sales...

EcoVadis has confirmed the “Platinum” rating of Versalis - Eni’s chemicals company – for the second year in a row. As a result, Versalis is now ranked in the Top 1% for its industry, placing it in the highest segment for corporate social responsibility ratings. “The confirmation of such an important milestone proves that our constant commitment to…

From 21 April to 20 May, at its headquarters in Capriano del Colle (Brescia), IMG, a manufacturer of rubber injection molding machines, is hosting and exhibiting to the public seven large works of art by the Brescian artist, Stefano Bombardieri - some even visible from the nearby street. This exhibition is...

Versalis - Eni's chemical company and a shareholder of Novamont (36%) - and Mater-Bi - a company controlled by Investitori Associati II and NB Renaissance - announce today the signing of an agreement for Versalis to acquire the remaining 64% of Novamont’s shares currently held by Mater-Bi. Next steps...

Comi Aerospace was recently established as the first Italian public-private venture company for the production of aircraft seats, defined as strategic by MISE (the Italian economic development ministry). This operation was made possible by the participation of Comi as the industrial partner along with...

2023 is a special year for Arburg as the company celebrates its 100th anniversary. Following the celebrations held last February and March at the German headquarters in Lossburg, on May 18 and 19 the Italian branch based in Peschiera Borromeo (near Milan) will open its doors and continue the celebrations...

Ennio Franceschetti, founder, and also honorary president since 2018, of Gefran, has passed away suddenly. The sad news of his death, in the night between 16 and 17 April, was announced by the company in a press release. Ennio Franceschetti founded Gefran in 1969 as a manufacturer of electrical panels for...

Haitian International Germany announced cooperation with the Italian supplier Brixia Plast, that will provide screws and barrels for European plastics processors and strengthen Haitian International Germany service network. The choice in favour of Brixia Plast was made after a careful study of the market among...

Versalis, Eni chemical company and 36% shareholder of Novamont, and Mater-Bi, company controlled by Investitori Associati II and NB Renaissance, shareholder of Novamont remaining 64%, announced exclusive negotiations to finalise the acquisition by Versalis of Novamont entire share package...

The board of directors of PlasticsEurope Italia, the Federchimica sector association that represents plastics manufacturers, unanimously confirmed the president Lorenzo Bottinelli (Basf) and the vice president Franco Meropiali (Versalis). “The reconfirmation honours and encourages me to continue the work begun, with the...