Covestro: EU clears takeover by Adnoc under strict conditions – Focus on competition and access to technology
09:03 - The European Commission has approved the planned acquisition of plastics and chemicals group Covestro by the Abu Dhabi National Oil Company (Adnoc) under the Foreign Subsidies Regulation (FSR) – but only subject to strict conditions. The decision is particularly relevant for the European plastics industry,...
Haitian International: New Site in Serbia Begins Operations
08:33 - Haitian International has marked the soft opening of its new production site in Ruma, Serbia, with an internal open-house event. The site forms a central component of the company’s European expansion and localization strategy. The first development phase comprises around 60,000 square meters of production...
ips: New Representative for France and Northwest Africa
12.11.2025 - ips Intelligent Pelletizing Solutions GmbH, based in Niedernberg near Aschaffenburg, is expanding its international sales network and will now be represented in France through a new partnership. The new partner is Cyndi Process, located in Poussan in southern France. Under the leadership of Managing...
MKV Kunststoffgranulate: Establishment of a U.S. Subsidiary
12.11.2025 - MKV GmbH Kunststoffgranulate (MKV), based in Beselich-Obertiefenbach near Limburg, Germany, is expanding its international presence and will establish a subsidiary in the United States on January 1, 2026. The new company will be called MKV Polymers Inc. and will be headquartered in Akron, Ohio. Initially,...
Hosokawa Alpine: Management Board Change at the Turn of the Year
10.11.2025 - At the beginning of 2026, Hosokawa Alpine AG will undergo a change in its executive leadership. The current members of the Management Board — Chief Executive Officer (CEO) Dr. Antonio Fernández and Chief Financial Officer/Chief Operating Officer (CFO/COO) Jürgen Wilde — will step down from their positions....
Schwarz Group: Partnership with Ellen MacArthur Foundation Extended – New Targets for Reducing Virgin Plastics
10.11.2025 - At the end of October, the companies of the Schwarz Group — which include Lidl and Kaufland — extended their partnership with the Ellen MacArthur Foundation until 2030 and once again signed the Global Commitment. With this agreement, the Group reaffirms its long-term commitment to a functioning circular...
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