Latest News

Hasco: New Location in Bangalore

20.10.2025 - Hasco has further expanded its activities in India, officially opening a new branch in Bangalore in mid-September 2025. The relocation to larger, modernly equipped premises marks a strategic step in the company's international growth strategy. Around 100 industry representatives from the plastics and...

LH-Plastics: Recycler Commissions New Erema System – PCR-LDPE Production Increases by 3,000 Tons Annually

20.10.2025 - The recycling company LH-Plastics GmbH, based in Werdau in the district of Zwickau, Saxony, Gemany, commissioned a new Erema recycling line on October 6, 2025. With the addition of this system, the company is increasing its annual capacity for post-consumer LDPE recyclate (PCR-LDPE) by 3,000 tons. The...

Wipa Werkzeug- und Maschinenbau: Preliminary Insolvency Proceedings – Investor Process Initiated

18.10.2025 - Wipa Werkzeug- und Maschinenbau GmbH, based in Stadtlohn, Germany, has been in preliminary insolvency proceedings since October 1, 2025. The Münster District Court appointed attorney Dr. Ria Brüninghoff from Pluta Rechtsanwalts GmbH as the preliminary insolvency administrator. The aim of the administration...

Hillenbrand: Coperion & Co. change hands again - Lone Star Funds acquires Hillenbrand for $3.8 billion

17.10.2025 - Hillenbrand, Inc. has announced a definitive agreement to be acquired by an affiliate of Lone Star Funds. As part of the transaction, the buyers will pay $32 per share, which corresponds to an enterprise value of approximately $3.8 billion. Hillenbrand is a global industrial company that offers highly...

etma: Industry Association Reports Decline in European Tube Market Deliveries in the First Half of 2025

16.10.2025 - The European tube industry recorded a market downturn in the first half of 2025. According to the European Tube Manufacturers Association (etma), total deliveries of aluminium, laminate, and plastic tubes fell by 3.9 percent compared to the same period last year, reaching approximately 5.8 billion units....

Lego: Expansion of Hungarian plant completed – More than 1,000 injection moulding machines

16.10.2025 - The Lego Group has completed a two-year expansion program at its manufacturing facility in Nyíregyháza, Hungary, increasing the site’s total production capacity by 30%. The official inauguration took place on 30 September 2025. With the expansion, the factory now employs more than 4,300 people, including...

Coveris + Sabic: Closed-Loop Plastic Recycling for Medical Packaging

16.10.2025 - Coveris, a European packaging manufacturer, and the chemical group Sabic, together with partners such as Zuyderland Medical Centre and Artivion, have developed a functioning circular model for medical plastic packaging. The project's goal is to reintroduce non-contaminated plastic waste from the healthcare...

Grupa Azoty: Further talks with Orlen on possible stake in Grupa Azoty Polyolefins

16.10.2025 - Grupa Azoty has signed an annex to the Memorandum of Understanding (MoU) dated 1 August 2025 with Grupa Azoty Police, Grupa Azoty Polyolefins and Orlen, expanding the scope of ongoing negotiations. The amendment includes an analysis of the potential sale of all or part of Grupa Azoty Polyolefins shares...

Mocom: Award for sustainable underbody paneling from end-of-life vehicles – Cooperation with Mercedes-Benz, HKS, and Autoneum

16.10.2025 - Mercedes-Benz, in collaboration with Mocom, HKS (TSR Group), and Autoneum, has developed a sustainable underbody paneling component for vehicles that is entirely based on a post-consumer recyclate from end-of-life vehicles. The central material in this application is Mocom's "Wipaflex PCR-PP-GF20" compound,...

BSH Hausgeräte: Production Plants in Nauen and Bretten to Close - Around 1,400 Employees Affected

15.10.2025 - BSH Hausgeräte GmbH is planning a comprehensive restructuring of its production network in Germany. The background to this is a persistently weak market development, which has led to a permanent underutilization. The measures affect the Nauen (Brandenburg) and Bretten (Baden-Württemberg) sites, where...

Motan: New Online Shop for "swift" Peripherals and Spare Parts in Europe

15.10.2025 - The motan Online Shop is now available for the European market. Customers can quickly and easily order "swift" brand peripherals as well as spare parts for existing motan systems – anytime and with just a few clicks. According to Motan, the swift products are characterized by precise and robust technology...

Eni: Authorization for Biorefinery and Recycling Plant in Sicily initiated

15.10.2025 - The Italian oil and chemical group Eni has initiated the environmental impact assessment authorization procedure for the planned conversion of its petrochemical site in Priolo, Sicily. According to a press release from the group, a corresponding application for the construction of a biorefinery and...

Webasto: Automotive Supplier with Further Job Cuts – 300 Jobs Affected in Germany

15.10.2025 - The automotive supplier Webasto is continuing the restructuring process begun due to the persistently difficult market situation and announces the reduction of a further 300 jobs in Germany. This was announced by the company management and the works council after joint negotiations. The measure primarily...

Guala Closures: Packaging Specialist Acquires KWK Kunststoffwerk Kremsmünster – Entry into the Pharmaceutical Closure Market

15.10.2025 - The Italian packaging specialist Guala Closures has reached an agreement to acquire the Austrian company KWK Kunststoffwerk Kremsmünster GmbH. KWK is considered an established manufacturer of plastic closures and precise dosing aids for the pharmaceutical and food supplement industries. With this transaction,...

Biffa: British Recycling Group Fully Acquires Esterform

14.10.2025 - The British recycling group Biffa has acquired all shares of domestic PET processor Esterform. Biffa recently announced this in a press release, without elaborating on the details and financial volume of the transaction. The recycling group had already acquired a first stake in Esterform two years ago....

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