Evonik: Second Quarter Exceeds Expectations – 2026 Outlook Raised
06:42 - Based on strong business performance in the second quarter of 2026, Evonik has significantly raised its full-year guidance. According to preliminary figures, the specialty chemicals company expects adjusted EBITDA for the second quarter to range between €600 million and €650 million. At the midpoint,...
Ineos Styrolution: Shutting down PS production in Illinois
06:05 - Ineos Styrolution, part of the UK-based chemical group INEOS, will discontinue polystyrene (PS) production at its Channahon site in the US state of Illinois. The company announced the decision in a recent press release. The shutdown of the plant is expected to be completed in the fourth quarter of...
Haidlmair: Acquisition of TFM Slovakia
26.06.2026 - The Haidlmair Group is expanding its international manufacturing footprint with the acquisition of Slovak company TFM Slovakia. Through the acquisition, the mold maker is increasing its CNC machining capacity and aims to strengthen the competitiveness of the group. According to the company, TFM Slovakia...
Sumitomo (SHI) Demag: New Sales Partner in Turkey
26.06.2026 - Sumitomo (SHI) Demag is expanding its sales and service organization in Turkey. The injection molding machine manufacturer has appointed Vincita Plastik Makinaları as its new local sales partner. Based in Istanbul, the company will be responsible for the sales and servicing of injection molding...
Weiss Kunststoffverarbeitung: Automation of Downstream Injection Molding Processes
26.06.2026 - Weiss Kunststoffverarbeitung GmbH & Co. KG is increasing its investment in the automation of downstream injection molding processes during the current fiscal year. According to the company, a significant portion of the investment volume of around €1 million will be allocated not only to four new injection...
KB Components: Acquisition of Polish Injection Moulder Rabugino Completed
26.06.2026 - Swedish plastics processor KB Components continues its expansion in Europe. According to a company press release, KB completed the acquisition of Polish injection moulding company Rabugino in May. However, no financial details or further information regarding the transaction, which had been agreed in...
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