Latest News

Grafe: Majority shareholding in Italian masterbatch manufacturer Gaypa

30.11.2023 - The Grafe Group, a German manufacturer of a wide range of masterbatches of all kinds, has acquired a majority stake in the Italian masterbatch producer Gaypa s.r.l. from Quinto Vicentino in north-east Italy's Veneto region, which the company says was finalised towards the end of the third quarter of...

Pipelife: Closure of the Bad Zwischenahn production site planned

30.11.2023 - Pipelife Deutschland GmbH & Co KG recently announced that it intends to close its production site in Bad Zwischenahn. This decision is therefore based on a comprehensive review of the plant's economic situation. Sales activities in the infrastructure sector are not affected by the measure and are...

DuPont: Sale of Delrin business to TJC completed

30.11.2023 - The US chemical company DuPont has finalised the sale of the majority shareholding in its former POM homopolymer business for the "Delrin" brand to the investment group The Jordan Company (TJC). DuPont announced this in a press release at the beginning of the month. Accordingly, TJC now controls...

Borealis: Acquisition of Bulgarian plastics recycler Integra Plastics

29.11.2023 - Borealis announces the signing of an agreement to acquire 100 percent of Integra Plastics AD, a Bulgarian advanced mechanical recycling company. The company further announces that this investment strengthens Borealis' advanced mechanical recycling portfolio with an additional annual production capacity...

KBR: Industrial plant manufacturer becomes engineering partner of PureCycle in Augusta

29.11.2023 - The US industrial plant manufacturer KBR is to become PureCycle Technologies' engineering partner for the construction of a new recycling plant for polypropylene waste in the state of Georgia. According to a PureCycle press release, KBR will be responsible for the project planning of the complex...

SIG: New Packaging Development Centre Europe opened

29.11.2023 - SIG recently celebrated the opening of the Packaging Development Centre Europe at its production site in Linnich. The €10 million centre is designed to accelerate new and particularly sustainable packaging developments and offer SIG customers additional added value. The new centre is equipped with...

LyondellBasell: Acquisition of 25 percent in Cyclyx

29.11.2023 - The chemicals group LyondellBasell (LYB) has acquired a 25 percent stake in the US plastics recycling company Cyclyx International. LYB and Cyclyx announced this at the end of October without going into the financial volume or further details of the transaction. To date, the technology company Agilyx...

Vamp Tech: Expansion of business activities in North America

29.11.2023 - Vamp Tech spa, a Busnago, Italy-based company specialising in the production of engineering thermoplastic compounds and flame retardants, and EnCom Polymers, based in Evansville, Indiana, USA, which specialises in polymer formulation and custom compounding of engineering thermoplastics, have entered...

Müller Recycling: New PET sorting plant in Switzerland

29.11.2023 - Müller Recycling AG in Frauenfeld has been sorting PET beverage bottles for over thirty years. The two sorting systems from 2004 and 2015 are currently being replaced by new-generation sorting modules. The system developed by Swiss machine manufacturer Borema Umwelttechnik AG utilises the advantages...

Axium Packaging: Packaging manufacturer takes over Silte

29.11.2023 - The French packaging manufacturer Axium Packaging is strengthening its position in Italy with the acquisition of the industry company Silte. In a press release, Axium recently announced the signing of a corresponding agreement. However, the financial volume and further details of the deal were not...

Nestlé: Swiss finance plastics recycling plant from Impact Recycling

28.11.2023 - The Swiss food company Nestlé is participating in the financing of a new plastics recycling plant of the British company Impact Recycling. According to a press release, the Group subsidiary Nestlé UK & Ireland is providing a loan of GBP 7 million (EUR 8 million) for the project. The project is also...

Maag: Expansion with additional service offerings in Malaysia

28.11.2023 - The Maag Group, a global solution provider of pump and filtration systems, pelletising and pulverising systems, recycling systems and solutions in the field of control system technology and digitalisation, has further expanded its activities in Asia and announced new service offerings for Maag Ettlinger...

aquatherm: Jan Kriedel becomes part of the management team

27.11.2023 - From 1 January 2024, Jan Kriedel will join Maik Rosenberg in the management of aquatherm GmbH, a global manufacturer of plastic piping systems made of polypropylene for plant construction and building services. Christof and Dirk Rosenberg, together with aquatherm founder Gerhard Rosenberg, will remain...

Georg Fischer: Uponor takeover completed - New organisation in the Piping Systems Division

27.11.2023 - By merging with Uponor, the Swiss company Georg Fischer AG (GF) aims to become a leading global supplier of sustainable piping systems for water and other media. To achieve this goal, complementary business units will be brought together under one roof: The new GF Uponor division will focus on building...

Tool-Temp: Swiss company opens new branch in Dubai

27.11.2023 - Tool-Temp AG, the Swiss specialist and manufacturer of temperature control and cooling equipment, is opening a new branch in Dubai, United Arab Emirates, on 1 December 2023. Tool-Temp AG is further expanding its business activities and strengthening its presence in the Middle East and Africa. All...

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