Albis: New Joint Venture for Engineering Plastics in India
12:46 - Albis continues to expand its international activities and, together with the Mumbai-based Sukhesh Group, has established a joint venture in India. The newly founded company operates under the name Albis Sukhesh India Pvt. Ltd. and is headquartered in Mumbai. The aim is to position the company as a...
Aequita: Acquisition of Sabic’s European Olefins and Polyolefins Business
10:32 - Munich-based industrial holding company Aequita SE & Co. KGaA has entered into an agreement to acquire Sabic’s European olefins and polyolefins business. The transaction comprises four production sites located in Geleen (Netherlands), Gelsenkirchen (Germany), Genk (Belgium), and Teesside (United Kingdom)....
Plastics Europe: Rob Ingram appointed new President
07.01.2026 - The pan-European plastics association Plastics Europe has appointed Rob Ingram, CEO of Ineos Olefins & Polymers Europe, as its new President. He will take up the position on 1 January 2026, succeeding Benny Mermans, Vice President Sustainability at Chevron Phillips Chemical. Rob Ingram will continue...
Ineos: 150 million pound investment in Grangemouth site, supported by the UK Government, to secure the future of British industry
17.12.2025 - Ineos has announced an investment of 150 million pounds for its Grangemouth site in Scotland. The project is supported by the British government, including a 75 million pound state loan guarantee and a 50 million pound grant; the financing is being managed by the NatWest Group. The goal of these measures...
ifo: Business climate falls in December
17.12.2025 - Sentiment among companies in Germany has deteriorated once again. The ifo Business Climate Index fell to 87.6 points in December, down from 88.0 points in November. Companies are more pessimistic about the first half of 2026, while their assessment of the current situation remained unchanged. The year...
Wittmann Group: Expanded Production Plant Opened in Kunshan – Local Manufacturing of Injection Molding Machines
17.12.2025 - In mid-December, the Wittmann Group opened its expanded production plant in Kunshan, China. The occasion also marked the 20th anniversary of the site. Around 250 customers and partners attended the opening ceremony. With the expansion, Wittmann is broadening the scope of its local manufacturing: in...
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