Latest News

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...

Aloxe: New rPET plant launched in Lorraine

27.11.2023 - The Dutch-French company Aloxe opened a new plant for the production of recycled PET (rPET) in mid-November. According to the company's press release, the new complex in Messein near Nancy, Département Meurthe-et-Moselle, Lorraine, has the capacity to produce 37,500 tonnes of rPET per year. By the...

Swedish Plastic Recycling: Site Zero plastics sorting plant opened in Motala

24.11.2023 - The new Site Zero plastics sorting plant was opened last week in Motala, Sweden. This was announced by the company Svensk Plaståtervinning (Swedish Plastic Recycling/SPR), which operates the plant as part of its nationwide recycling system for plastic packaging. The Site Zero complex now has the...

ifo: Business Climate Index rises in November

24.11.2023 - Sentiment among German companies has improved slightly. The ifo Business Climate Index rose to 87.3 points in November, up from 86.9 points in October. This is its third consecutive increase. Companies assessed their current business situation as somewhat better. Expectations for the coming months were...

Arburg: New subsidiary in Vietnam

24.11.2023 - Arburg opened a new branch in Ho Chi Minh City, Vietnam, in July of this year. The main aim of the machine manufacturer is to bring its products and services closer to customers in Vietnam. The new subsidiary has a dedicated small team of experts in sales and service. It is also networked with the other...

Interplast Kunststoffe: New Structured Core Panels Made from 100 Percent Recycled Polypropylene

23.11.2023 - Interplast Kunststoffe GmbH, based in Haiterbach, Germany, introduces its new sustainable series of structured core panels, named "Triplex EcoLine." This series is composed of 100 percent recycled polypropylene sourced from post-industrial raw materials, aiming to provide excellent material properties...

Petcore Europe: Roberto Bertaggia is new executive director

23.11.2023 - Petcore Europe is pleased to announce that Roberto Bertaggia has been appointed as Executive Director as of 23rd November 2023. He replaces Martin Stephan, who previously served in the role

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