Latest News

Rosti Group: Acquisition of US based Injection Moulding Company Plastic Components

10.01.2022 - Rosti Group AB has acquired Plastic Components, Inc. (PCI), a US-based injection moulding company. The acquisition is intended to strengthen Rosti's market position in the United States and make the Group a truly global partner for its customers. Founded over 75 years ago, Rosti is a global plastic...

Indorama Ventures to expand packaging business into Vietnam

10.01.2022 - Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announces that it is in the process of acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN). NN is a leading PET converter in Vietnam with long-standing relationships with major brands....

Lego: Expansion of production capacities in China

06.01.2022 - The Lego Group recently announced it will expand its factory located in Jiaxing, China creating additional capacity to meet long-term growth in China and Asia. Carsten Rasmussen, Chief Operations Officer in the Lego Group said: "In recent years we have seen strong demand across Asia and especially...

Trinseo: Price increase for Polystyrene, Polycarbonate and Copolymers in Europe

05.01.2022 - Trinseo, a global materials company and manufacturer of plastics and latex binders, and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective January 1, 2022, or as existing contract terms allow, the contract and...

Faerch acquires dairy packaging company Paccor

05.01.2022 - Faerch, European supplier of rigid food packaging and an integrated recycler of PET food packaging, recently announced the acquisition of Paccor Packaging from private equity firm Lindsay Goldberg. Offering a wide range of packaging solutions mainly for the food industry, Paccor is a European leader...

Trinseo: Price increase for PC/ABS and ABS in Europe for Automotive Market Products

03.01.2022 - Trinseo, a global materials company and manufacturer of plastics and latex binders and its affiliate companies in Europe recently announced a price increase for all "Pulse" PC/ABS and for all "Magnum" ABS Automotive market products. Effective January 1, 2022, or as existing contract terms allow, the...

Greiner Extrusion now 100 percent owner of Simplas

03.01.2022 - The northern Italian flat die specialist Simplas has now become a full member of the international network of Greiner Extrusion. The Austrian supplier of extrusion lines, tools and complete systems for profile extrusion continues to grow in the plastic film and sheet extrusion segment and is strengthening...

Wittmann: Change of brand strategy for the Group – “Wittmann Battenfeld" becomes just "Wittmann"

23.12.2021 - The Wittmann Group has decided to change its previous brand strategy, transforming it from a two-brand strategy into a one-brand strategy, with the aim of communicating its advantage of being able to offer complete system solutions from a single source via the brand as well. With the integration...

Starlinger delivers its first bottle-to-bottle plant to Turkey

23.12.2021 - The food-grade PET recycling system will be supplied to rPET flake producer Başatlı in April 2022. The “recoStar PET 215 iV+” will be Starlinger’s first bottle-to-bottle recycling system operating in Turkey, the company further communicates. It is equipped with one of the biggest extruder...

Starlinger: 500th block bottom sack conversion line goes to Côte d’Ivoire

22.12.2021 - A new conversion line is currently being installed at Plastica Sarl. in Abidjan and will take up production in January 2022. The “ad*starKon SX+” is the 500th “AD*Star” sack conversion line Starlinger has sold worldwide. As the machine builder further communicates, converts it woven polypropylene tape...

Engel: Dr. Christoph Steger leaves the group

21.12.2021 - Dr. Christoph Steger, hitherto Chief Sales Officer, is leaving the Engel Group at his own request. Background for his withdrawal is his wish to further develop himself vocationally and to change his career orientation. The Austrian engineering company further announced that Dr. Stefan Engleder will...

RadiciGroup: Plastoplan Kunststoffhandel appointed as new distributor in Austria

21.12.2021 - RadiciGroup High Performance Polymers has announced a reorganization of its sales network in Austria. As of 1st January 2022, Plastoplan Kunststoffhandel GmbH has been appointed the RadiciGroup national distributor for a wide product range that includes „Radilon“, „Heramid“, „Radiflam“, „Radistrong“,...

Lego: Plans to build new factory in Vietnam announced

16.12.2021 - The Lego Group recently signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon neutral factory and will include investments in solar energy generation....

LyondellBasell appoints Peter Vanacker as Chief Executive Officer

13.12.2021 - LyondellBasell today announced that the Board of Directors has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Peter Vanacker succeeds Bhavesh V. "Bob" Patel, who will retire from the Company on December 31, 2021, as previously announced

Ascend to expand compound production to Latin America

08.12.2021 - Ascend Performance Materials has announced plans to purchase a compounding facility in San Jose Iturbide, Mexico, growing its global footprint and expanding production capacity for high-performance engineered materials. The purchase agreement includes the assets of DM Color Mexicana, a joint venture...

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