Marketing

Basf Group significantly increased sales and earnings in the 2021 business year. “It was a strong and successful year for Basf,” said Chairman of the Board of Executive Directors, Martin Brudermüller. “We increased sales prices by 25% and volumes by 11%. All segments achieved price and volume growth in 2021,” said Brudermüller...

Covestro had a successful fiscal year 2021. The Group benefited from strong global demand and buoyant earnings in the year as a whole. Core volumes sold increased by 10% year on year, mainly due to additional volumes from the Resins & Functional Materials (RFM) business acquired from DSM. In particular...

The Gefran Board of Directors examined the company’s preliminary results as of December 31, 2021. Revenues amounted to 160.2 million euros, an increase of 30.6 million euro (23.6%) over 2020 revenues of 129.6 million euro. The increase in revenues applied to all business sectors: sensors (+34.1%), thanks in particular to...

DuPont announced it has entered into a definitive agreement with Celanese Corporation to divest a majority of the Mobility & Materials segment including the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines for 11 billion dollars in cash. Combined...

Microban International, a pioneer in the development of antimicrobial product protection technologies, announced a new distributor agreement with Rifra Masterbatches, a global player in the production of tailor-made additives - such as colour or various complexes - used to process plastic products. The two companies share a...

The pandemic caused a slump in sales in 2020-2021, but Italian manufacturers of plastics and rubber processing machinery, equipment, and moulds - with some 170 united in the trade association Amaplast - continue to see Mexico as a primary destination. In the first nine months of 2021, exports exceeded...

Among the main worldwide groups offering technologies for the processing of a wide range of materials and industrial components, and also owner of CMS, the SCM Group is taking on a new corporate organisation. With this operation, the company is preparing to the exit, from the corporate structure, of...

Uniloy, a leading blow moulding machine and mould technology company serving the global plastics processing industry, is pleased to announce the acquisition of Century Die Company, of Fremont, Ohio. With the acquisition, Uniloy gains more than 70 years of expertise and a proven record of...

In order to expand its operations on European markets, Star Automation Europe, a manufacturer of robots and automation systems, recently entered an agency agreement with Green & Co, a Swedish company based in Anderstorp. Founded in 1946 by Thure Green, whose nephew Johan is still the owner and president...

BANDERA takes on the challenge and, at a special digital event named “training on solutions”, scheduled on March 15 and 16, 2022, answers all the most common questions and requirements that, day after day, come up from the extrusion market. The possibility of generating high-quality post-industrial film sometimes overlooks the...

Songwon Industrial announced that the Italian Elena Scaltritti, Leader Group Commercial, will be leaving the organization to pursue another professional opportunity outside the Songwon Group. An executive committee member since April 2019, Elena Scaltritti has held various key...

Basf launches a new service offering, RegXcellence, for its plastic additives customers which enables targeted access to a range of global regulatory support. RegXcellence provides digital solutions and simplifies regulatory issue management with advisory support to accelerate innovation opportunities. Basf already offers...

The global leader in the chemical industry Sabic has signed an agreement to purchase Clariant’s 50% stake in specialties company Scientific Design, currently a 50/50 joint-venture with Sabic.  Subject to regulatory approval, expected in mid-2022, the transaction will give Sabic full ownership of Scientific Design, which is...

Engel Group board reshuffle on 1 February 2022. Gerhard Dimmler, previously Vice President Research and Development, is being appointed to the board as CTO. He is taking over the Development division from CEO Stefan Engleder and will also be responsible for digitalisation on top of this...

After Andrea Rigliano and Riccardo Castello, Syncro Group also welcomed Massimo Gomis as new sales manager of the group for the whole Italian market. Gomis brings his great experience in the plastic industry acquired since 1995 on both technical and sales positions...

Colines has announced the appointment of Andrea Fanchini, who has recently joined the company, as new sales area manager. Andrea has over 15 years of experience in the field of extrusion, and he will be in charge of the following markets: China, Japan, Korea, Taiwan, Malesia, Indonesia, Singapore, Cambodia...

Borealis announced the appointment of Jürgen Artner as Operations Manager Polyolefins and Location Leader for Borealis in Schwechat (Austria), Monza (Italy) and Wildon (Austria), effective February 1, 2022. He succeeds Rudolf Sukal, who will retire mid-year. Jürgen Artner joined Borealis in 2000 and has held various positions since then, including…

Ensinger and Ineos Styrolution announced the joint agreement that Ensinger has acquired the StyLight thermoplastic composite materials business of Ineos Styrolution. The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio. SAN based products bring...

In accordance with the agreement signed on December 13, 2021, Piovan has completed its acquisition of IPEG by virtue of the merger by incorporation of Sewickley Capital, the owner of 100% of IPEG, into a newly formed Delaware corporation wholly owned by Piovan...

Subsidiary of Maire Tecnimont, Tecnimont has been awarded an engineering, procurement and construction (EPC) contract by Covestro for a new aniline plant in Antwerp, Belgium. The project will realize a substantial additional aniline production capacity to the existing Covestro site in Antwerp...