Latest News

Trinseo: Price Decrease for Polystyrene in Europe

03.07.2026 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe announced today a price decrease for all polystyrene (PS) grades. Effective July 1, 2026, or depending on existing contract terms, the prices for the products listed below will increase as follows: "Styron" and...

ifo: Business Climate in German Automotive Industry Deteriorates

03.07.2026 - The Business Climate Index in the German automotive industry fell to -21.4 points in June, down from -20.7* points in May. Companies assessed their current business situation as considerably worse than in the previous month. At the same time, they are significantly less pessimistic about the coming...

Sulzer: PyroCon technology selected for new plastic recycling plant by Vitol subsidiary WPU

03.07.2026 - Waste Plastic Upcycling (WPU), a subsidiary of energy and commodities company Vitol, will use Sulzer's "PyroCon" technology and engineering services for a new chemical plastic recycling plant in the Netherlands. The facility will be built at Vitol's existing refinery site in the Port of Rotterdam and...

AMI: Conference Program Released for Compounding & Recycling Expo 2026

03.07.2026 - AMI has released the conference program for the Compounding & Recycling Expo, which will take place on September 23–24, 2026, at the Frankfurt exhibition grounds in Germany. Alongside the trade exhibition, two free-to-attend conference theaters will host presentations and panel discussions focusing...

United Flexibles: Acquisition of film manufacturer Fol-Pol

03.07.2026 - United Flexibles, the corporate group controlled by Polish investment firm TEP Capital, has strengthened its position through the acquisition of plastic film manufacturer Fol-Pol. In a press release issued in June, TEP Capital announced that United Flexibles had acquired 100% of the shares in Fol-Pol....

Elmet: Markus Nuspl appointed CEO

02.07.2026 - Austrian liquid silicone processing technology specialist Elmet has appointed Dr. Markus Nuspl as CEO. With this appointment, the company is laying the groundwork for its continued development and the expansion of its international market position. Holding a doctorate in mining engineering, Nuspl...

Scanfill: Introduction of Food-Grade Recycled PP Film with 30% PCR Content

02.07.2026 - Swedish plastics processor Scanfill has launched "Scanfoil rPP POP" (Prevented Ocean Plastic), a polypropylene film made from 30% post-consumer recycled (PCR) material that is approved for food contact. According to the company, it is among the first transparent recycled PP films available in large...

Freudenberg Sealing: Dr. Alexander Rozmán appointed CEO

02.07.2026 - Freudenberg Sealing Technologies has appointed Dr. Alexander Rozmán as its new Chief Executive Officer (CEO), effective July 1, 2026. He succeeds Dr. Matthias Sckuhr, who has joined the Freudenberg Group's Management Board to lead the newly established Engineering, Data and Artificial Intelligence division....

Sikora: Alaaddin Aydin Appointed CEO, Succeeding Dr. Christian Frank

02.07.2026 - Sikora GmbH has implemented a leadership transition effective July 1, 2026. Dr. Christian Frank has handed over operational responsibility as CEO to Alaaddin Aydin. With this succession plan, which was prepared well in advance, the Bremen-based company aims to ensure continuity in its leadership and...

Covestro: Strategic investment program to expand global MDI capacity

01.07.2026 - Covestro has announced a strategic investment program for MDI (methylene diphenyl diisocyanate). The company plans to build a new world-scale MDI plant at its integrated site in Shanghai and conduct a feasibility study for a second facility in the United Arab Emirates. With these projects, Covestro...

Huhtamaki: Thomas Morin to Lead Fiber Packaging Business Segment

01.07.2026 - Huhtamaki has appointed Thomas Morin as President of its Fiber Packaging business segment and a member of the Global Executive Team, effective September 1, 2026. He will report to President and CEO Ralf K. Wunderlich and will be based in Espoo, Finland. Morin succeeds Sara Engber, who was appointed...

TeraPlast: Acquisition of Aliaxis PE Pipe Plant

01.07.2026 - Romanian plastics processor TeraPlast Group is acquiring Aliaxis' polyethylene (PE) pipe production operations in Spain from the Belgian company. According to a TeraPlast press release, the parties signed the agreement earlier this month. The transaction includes Aliaxis' plant in Okondo, northern...

Biesterfeld: Distribution Partnership with Syensqo Expanded to the UK and Ireland

01.07.2026 - The Biesterfeld Group and Syensqo have expanded their strategic distribution partnership for composite and tooling materials to the United Kingdom and Ireland. Effective immediately, Biesterfeld will distribute Syensqo's Performance Products portfolio in both markets, becoming the company's preferred...

Biesterfeld: Jürgen Rietschle appointed Business Manager Polymer Additives

30.06.2026 - Biesterfeld Group has appointed Jürgen Rietschle as Business Manager Polymer Additives, effective August 1, 2026. Rietschle joined Biesterfeld in November 2024 and most recently served as Head of Sales Polymer Additives, overseeing the business unit's sales activities. He brings extensive experience...

Kebo: Merger with Plastisud

30.06.2026 - Swiss company Kebo AG is joining the French Plastisud Group. The transaction was signed on June 22, 2026. Kebo will remain an independent company within the group. The merger creates a supplier of high-performance injection molds and hot runner solutions with a combined workforce of around 300 employees....

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