Latest News

Shibaura Machine: Acquisition of Majority Stake in the Mechanical Engineering and Automation Divisions of LWB Steinl GmbH

09.10.2025 - Japanese machinery manufacturer Shibaura Machine has signed a Memorandum of Understanding to acquire 80 percent of the shares in LWB Steinl GmbH. By combining their expertise in injection molding machines and automation, both partners aim to strengthen their technological and system competence for fully...

Engel: Acquisition of Trexel – Integration into the Group – Foaming as a Strategic Future Field

09.10.2025 - The injection moulding machine manufacturer Engel acquired its long-standing partner Trexel Inc., based in Massachusetts, USA, effective early October 2025. Trexel is globally renowned for the development and marketing of the "MuCell" technology, a process for microcellular foaming in injection moulding....

Songwon: Manufacturer of Plastic Additives Builds New Production Facility in Saudi Arabia

09.10.2025 - Songwon Industrial Co., Ltd. has announced a significant investment to establish a new manufacturing facility for One-Pack Systems (OPS) in the Kingdom of Saudi Arabia (KSA). This greenfield investment project underscores Songwon's global strategy aimed at strengthening its position in the polyolefin...

Uniloy: Blow Molding Specialist Establishes New Branch in Malaysia

09.10.2025 - The US-based blow molding technology specialist Uniloy has announced the establishment of a new production facility in Penang, Malaysia. With this investment, the company is creating a regional base for the ASEAN market and continuing its global expansion strategy. The Penang facility will manufacture...

Polykemi: Swedish compounder announces expansion of US capacity

08.10.2025 - The Swedish company Polykemi is pushing ahead with its expansion in the North American market. According to the company, just two years after starting production in the US, there has already been a significant increase in personnel and capacity in order to meet the growing demand for customer-specific...

Henkel: Production Site Expansion in Brandon Completed

08.10.2025 - The German Henkel Group has completed the expansion of the production facility for its Henkel Adhesive Technologies division at its Brandon site in South Dakota, USA. According to the press release, the group invested a total of approximately $30 million in Brandon to expand the capacity for adhesives...

Wittmann Gruppe: New Subsidiary in Morocco with Own Sales and Service Center

08.10.2025 - According to the Wittmann Group, they are seeing increased interest from the Maghreb region in their machines and systems for injection molding. The company notes that demand for injection molding technology in North Africa is generally growing. The Wittmann Group is now responding to this trend by...

Ineos Inovyn: Closure of two plants in Rheinberg announced

06.10.2025 - Chemical company Ineos has announced plans to shut down two production units at its Rheinberg site in North Rhine-Westphalia, Germany. The closures will affect 175 jobs. The company cites sharply rising energy and CO₂ costs, as well as a lack of external tariff protection, as the main reasons....

Maag: Michael Heitzinger appointed new Manager of Business Development Recycling Systems

01.10.2025 - The Maag Group is pushing ahead with the strategic expansion of its Recycling Systems division. As announced by the company shortly before K 2025, Michael Heitzinger will take over the position of Manager of Business Development Recycling Systems at Maag on 1 October 2025. Michael Heitzinger has...

Moretto: New branch in Mexico

29.09.2025 - Moretto has opened its "Moretto de Mexico" branch in Querétaro. This step expands the company’s international presence, which currently includes five production sites and nine sales offices in more than 70 countries. Moretto has been active in the Mexican market since 1998. With the new subsidiary,...

Tria: Granulator manufacturer with new Executive Vice President in America

26.09.2025 - Jim Hoffman has been appointed as the new Executive Vice President of granulator manufacturer Tria America Inc., Pineville, North Carolina, USA, with effect from 25 August 2025. He has been active in the size reduction market in the USA for over 30 years and is a recognised specialist in this segment....

Loop + Ester Industries: PET recycling plant planned in India

26.09.2025 - Canadian company Loop Industries is set to build a PET recycling plant in India in collaboration with film manufacturer Ester Industries. According to both companies, the joint venture Ester Loop Infinite Technologies (ELITe), which was founded for this project, has completed the acquisition of a...

DuPont: Sale of aramid fibre business to Arclin

26.09.2025 - The US chemical company DuPont is selling its aramid fibre business to Arclin, a company belonging to the investment group The Jordan Company (TJC). According to a press release, DuPont signed an agreement to this effect at the end of August. The financial volume of the transaction will total approximately...

BYK: New Brazilian subsidiary established

26.09.2025 - BYK-Chemie GmbH, based in Wesel, Germany, has established a new company in Brazil, BYK do Brasil, and appointed Carlos Roberto C. Duarte Coelho as its local managing director. The new company, based in São Paulo, will immediately take on local functions in the areas of marketing, sales and technical...

RCS Group: Entry into Croatian recycling company Rekis

26.09.2025 - The German RCS Group has acquired a stake in the Croatian recycling company Rekis. In a recent press release, RCS announced the acquisition of shares in Rekis without disclosing the size of the stake or the financial volume of the transaction. According to the press release, the agreement was signed...

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