Latest News

Engel: Realignment of management

01.02.2022 - Engel Group board reshuffle on 1 February 2022. Dr. Gerhard Dimmler, previously Vice President Research and Development, is being appointed to the board as CTO. He is taking over the Development division from CEO Dr. Stefan Engleder and will also be responsible for digitalisation on top of this. ...

Ineos Styrolution starts ABS production in Wingles, France - 50,000 tonnes ABS production capacity

31.01.2022 - Ineos Styrolution, global active in styrenics, has today announced the start of ABS (Acrylonitrile butadiene styrene) production in Wingles, France, having completed the conversion of an existing polystyrene line to the production of ABS. This move makes Wingles the company’s third ABS production site...

KraussMaffei: Nolan Strall new President of KraussMaffei Corporation in the US

27.01.2022 - KraussMaffei has appointed Nolan Strall as the new President of KraussMaffei Corporation North America (KMC), effective January 1, 2022. He will report directly to Volker Nilles, Executive Vice President New Machines. Previously, Nolan Strall served as Vice President of Operations and Digital & Service...

Plastipak expands PET Recycling Capacity in Luxembourg

26.01.2022 - Plastipak, a global leader in the design, manufacture and recycling of plastic containers, has completed a major investment to significantly expand its PET recycling capacity at its manufacturing site in Bascharage, Luxembourg. As the company further communicates, opened the original PET recycling...

Arkema: PVDF capacity expansions in China and in France

26.01.2022 - Due to strong demand for lithium-ion batteries and other markets, Arkema’s previously announced 35 percent fluoropolymer capacity increase at its Changshu site in China is now revised upwards to a capacity increase of 50 percent, with no change in the expected start-up date (end-2022). With this...

Arkema to increase its global “Pebax” Elastomers production capacity

18.01.2022 - To support its customers’ strong growth, in particular in the sports and consumer goods markets, Arkema will increase its manufacturing capacity for “Pebax” elastomers by approximately 25 percent through an investment at its Serquigny plant in France. As the company further announced, this investment...

BASF to expand European production for Hexamethylenediamine and Polyamide 6.6

18.01.2022 - BASF decided to build a new hexamethylene diamine (HMD) plant in Chalampé, France. The new plant is set to increase BASF’s annual HMD production capacity to 260,000 metric tons. Production is expected to start in 2024. Furthermore, BASF will expand its polyamide 6.6 production in Freiburg, Germany starting...

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...

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