Latest News

Sikora: Alaaddin Aydin Appointed CEO, Succeeding Dr. Christian Frank

02.07.2026 - Sikora GmbH has implemented a leadership transition effective July 1, 2026. Dr. Christian Frank has handed over operational responsibility as CEO to Alaaddin Aydin. With this succession plan, which was prepared well in advance, the Bremen-based company aims to ensure continuity in its leadership and...

Covestro: Strategic investment program to expand global MDI capacity

01.07.2026 - Covestro has announced a strategic investment program for MDI (methylene diphenyl diisocyanate). The company plans to build a new world-scale MDI plant at its integrated site in Shanghai and conduct a feasibility study for a second facility in the United Arab Emirates. With these projects, Covestro...

Huhtamaki: Thomas Morin to Lead Fiber Packaging Business Segment

01.07.2026 - Huhtamaki has appointed Thomas Morin as President of its Fiber Packaging business segment and a member of the Global Executive Team, effective September 1, 2026. He will report to President and CEO Ralf K. Wunderlich and will be based in Espoo, Finland. Morin succeeds Sara Engber, who was appointed...

TeraPlast: Acquisition of Aliaxis PE Pipe Plant

01.07.2026 - Romanian plastics processor TeraPlast Group is acquiring Aliaxis' polyethylene (PE) pipe production operations in Spain from the Belgian company. According to a TeraPlast press release, the parties signed the agreement earlier this month. The transaction includes Aliaxis' plant in Okondo, northern...

Biesterfeld: Distribution Partnership with Syensqo Expanded to the UK and Ireland

01.07.2026 - The Biesterfeld Group and Syensqo have expanded their strategic distribution partnership for composite and tooling materials to the United Kingdom and Ireland. Effective immediately, Biesterfeld will distribute Syensqo's Performance Products portfolio in both markets, becoming the company's preferred...

Biesterfeld: Jürgen Rietschle appointed Business Manager Polymer Additives

30.06.2026 - Biesterfeld Group has appointed Jürgen Rietschle as Business Manager Polymer Additives, effective August 1, 2026. Rietschle joined Biesterfeld in November 2024 and most recently served as Head of Sales Polymer Additives, overseeing the business unit's sales activities. He brings extensive experience...

Kebo: Merger with Plastisud

30.06.2026 - Swiss company Kebo AG is joining the French Plastisud Group. The transaction was signed on June 22, 2026. Kebo will remain an independent company within the group. The merger creates a supplier of high-performance injection molds and hot runner solutions with a combined workforce of around 300 employees....

IMCD: Acquisition of Thailand’s Merit Solution – Expanding Its Plastics Additives Offering

30.06.2026 - IMCD N.V. has signed an agreement to acquire 100 percent of the shares in Merit Solution Co., Ltd. The Thai company distributes additives for the plastics and compounding industry, thereby complementing IMCD’s existing offering in Advanced Materials. Merit Solution supplies applications in various...

Lego: Opening of global manufacturing innovation center

30.06.2026 - The Danish Lego Group has opened its first global manufacturing innovation center at its headquarters in Billund. According to a press release, the new Kornmarken Campus will bring together the development, testing, and scaling of new technologies, materials, and products for the entire group at...

swissplast group: Full acquisition of Crisco Formtechnik AG completed

29.06.2026 - The swissplast group has completed the full acquisition of Crisco Formtechnik AG, thereby finalizing the last outstanding corporate legal step related to the acquisition of the key assets and business operations of the insolvent Durotherm Kunststoffverarbeitung GmbH. Following the earlier takeover...

Mocom: Flame-retardant high-performance polyamides now also available with recycled material

29.06.2026 - Mocom has expanded its portfolio with the new "Altech PA FR" and "Altech PA ECO FR" product families. These flame-retardant, glass fiber-reinforced polyamide compounds are designed for demanding applications in the electrical and electronics industry, electromobility, and household appliances, combining...

Evonik: Second Quarter Exceeds Expectations – 2026 Outlook Raised

29.06.2026 - Based on strong business performance in the second quarter of 2026, Evonik has significantly raised its full-year guidance. According to preliminary figures, the specialty chemicals company expects adjusted EBITDA for the second quarter to range between €600 million and €650 million. At the midpoint,...

Ineos Styrolution: Shutting down PS production in Illinois

29.06.2026 - Ineos Styrolution, part of the UK-based chemical group INEOS, will discontinue polystyrene (PS) production at its Channahon site in the US state of Illinois. The company announced the decision in a recent press release. The shutdown of the plant is expected to be completed in the fourth quarter of...

Haidlmair: Acquisition of TFM Slovakia

26.06.2026 - The Haidlmair Group is expanding its international manufacturing footprint with the acquisition of Slovak company TFM Slovakia. Through the acquisition, the mold maker is increasing its CNC machining capacity and aims to strengthen the competitiveness of the group. According to the company, TFM Slovakia...

Sumitomo (SHI) Demag: New Sales Partner in Turkey

26.06.2026 - Sumitomo (SHI) Demag is expanding its sales and service organization in Turkey. The injection molding machine manufacturer has appointed Vincita Plastik Makinaları as its new local sales partner. Based in Istanbul, the company will be responsible for the sales and servicing of injection molding...

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