Marketing

In China, both import and local ABS markets have hit the lowest levels since the beginning of 2012, when ChemOrbis China ABS Price Index was first launched. New prices emerged with fresh declines for December driven by lower production costs in Asia with respect to a month ago. Players also blamed muted demand heading to the year-end amidst a...

The global market for plastics processing machinery has expected to advance 4.0 percent per year through 2019 to 35.8 billion dollars. Demand in many parts of the world will return to a more moderate pace of growth after a strong recovery from 2009 recessionary lows, although pent-up demand from the recession will continue to drive investments in…

During its meeting held on December 3 in Brussels, the Cecimo general assembly elected Luigi Galdabini as president of Cecimo (the European association of the machine tool industries) for a period of two years. Succeeding in this role Jean-Camille Uring, executive board member of Fives and president of Symop, Galdabini has been entrusted with...

Luigi Sorice is the new general manager for Sandretto. The parent company Photonike Capital made the announcement. Previously the marketing manager for the Pont Canavese (Turin, Italy) manufacturer, Luigi Sorice, who is replacing Massimo Postiglione, has many years of experience in companies and certified manufacturing...

An Italian tyre retreading specialist with worldwide operations, Marangoni has joined forces with GRP, a global Indian reclaimed rubber producer, to establish a joint venture in India for the retreading of tyres for commercial vehicles. The joint venture combines the two partners' strengths - Marangoni's retreading

ChemOrbis Europe Petrochemicals Conference was held in Amsterdam on November 26, 2015. Players from the plastic world including converters, distributors, traders, producers of polymers and other companies active in the sector discussed the latest market trends. Patrick Kirby from Wood Mackenzie opened the first session with his presentation titled…

Basf is expanding the compounding capacities for engineering plastics in Europe. Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of Ultramid and Ultradur at the Schwarzheide site, Germany. Around 50 new jobs will be created. This is another step in the capacity expansions which...

Switzerland-based Maag increases its presence with the acquisition of US-based Reduction Engineering Scheer Industries. Reduction brings a new line of complementary products to Maag such as pulverizers and strand pelletizers, supporting such applications as glass filled polymer. This acquisition truly solidifies Maag’s position as a top global...

A well-known Italian manufacturer of corrugators and downstream equipment for plastic pipes based in Paderno Franciacorta (Brescia, Italy), Itib Machinery International has sold its stake in the controlled company Itib to Fortas, a German private equity company. The transaction, which took place at the end of April 2015, includes Itib’s...

Polymer markets have shown recently a high volatility combined, during the first part of 2015, to an extreme lack of supply in Europe despite a wave of new capacities being built in Middle East and in Far East. The revolutionary impact of American shale oil and shale gas seems to have come to an impasse after the oil prices dropped...

Alliances and partnerships between companies help boost production capacity and system efficiency, extend the commercial offering, enrich the expertise of individual enterprises, and help provide better coverage for industry markets. These are some of the arguments made at the Assocomaplast seminar held at Gefran’s premises on...

Trelleborg has signed an agreement to acquire ČGS Holding - a privately-owned company with leading positions in agricultural and specialty tires as well as engineered polymer solutions. The total cash consideration amounts to approximately 10.9 billion Swedish crowns (more than 1.1 billion euros) on a cash and debt-free basis...

To highlight the fruits of that collaboration with customers in Europe, Sabic has introduced a pioneering and award-winning campaign, Stories of Possible. Hosted at sabic.com/storiesofpossible, this campaign is to capture, in a series of six personal stories, a customer's ambition and how Sabic helps to “make their vision possible” in order to...

The Industrial Group of Moog has launched a contest to find the oldest operating Moog servo valve. The company will also be sponsoring monthly drawings to give people with newer valves a chance to participate. This contest is part of a celebration of the 50th anniversary of Moog’s operations in Europe...

The international group Rollon, based in Vimercate (close to Milan) and world leader in the production of linear motion systems for various sectors - from railways to aerospace, from machine tools to plastics industry - announced the closing of a deal to take over the German company Hegra which specialises in the production of telescopic and…

Effective September 1, 2015, TER Chemicals Distribution Group transferred its Italian business with specialty chemicals into the recently founded company TER Italia. With this step TER Group further expands its distribution services in Southern Europe. Oliver Zimmermann, CEO of TER Chemicals Distribution Group, mentioned: “It was only...

On October 20, 2015, Switzerland-based Maag has agreed to acquire US-based Gala Industries, an important manufacturer of underwater pelletizing systems, centrifugal pellet dryers and process solutions for the plastics industry.

In 2015, Piovan opened two sales and service branches in Africa. One is in operation in Algiers (Algeria), and the other in Johannesburg (South Africa). The purpose of the investment is to establish a presence on a continent where, despite the recent geopolitical crises that have affected it, the company shows strong potential for development...

The recycling of plastic appears to be gaining ground in Israel. This is what the results of a recent survey distributed by Israel’s central statistics office on the recycling habits of its local citizens in 2014 suggests. According to the...

A new chapter opens in the long history of Ipack-Ima. Fiera Milano - the traditional venue of one of the world’s leading exhibitions for processing and packaging technology since its very first edition - now also acquired its ownership.