Latest News

Kautex Maschinenbau: Open House with 170 visitors from 28 countries

12.04.2018 - With 170 visitors from 28 countries, Kautex Maschinenbau once again saw an increase in the number of visitors to its Open House event, which took place on March 14 and 15. In keeping with the slogan “Setting benchmarks for high production performance”, the manufacturer of extrusion blow molding machines...

IVK Europe: Karin Arz is new Managing Director

10.04.2018 - Karin Arz will be the new managing director of the Industrieverband Kunststoffbahnen Europe e.V. based in Frankfurt am Main, Germany. The association represents the joint interests of companies producing sheets made of plastic and caoutchouc for a multitude of applications. At the beginning of April...

Corpus Christi Polymers: Acquisition of the PTA/PET complex of M&G in Texas

10.04.2018 - The Corpus Christi Polymers joint venture is preparing to acquire the PET complex currently under construction in the US state of Texas, previously part of the insolvent Mossi & Ghisolfi group, M&G Chemicals. The JV is owned by the Mexican petrochemical group Alpek, the Thai plastics group Indorama...

Ineos Styrolution: Price decrease for ABS and PS in April

09.04.2018 - The Gross Market Price level in Europe for Terluran ABS valid as of April 1st, 2018 decreased by -30 €/mt versus March 2018. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of April 1st, 2018 is reduced by -105€/mt vs. March 2018. The surcharge for HIPS is +100€/mt.

Secos Group: Australian plastics manufacturer plans new plant for bioplastics in Malaysia

09.04.2018 - The Australian plastics manufacturer Secos Group plans to open a new production site in Malaysia this year. As the company announced in a press release, a two-year lease was recently signed for a production building near the Port Klang port southwest of Kuala Lumpur. It is planned to produce bioplastics...

Mitsui Chemicals: Milastomer production planned at US subsidiary Advanced Composites

09.04.2018 - The Japanese chemical group Mitsui Chemicals plans to produce thermoplastic elastomers (TPE) of the Milastomer brand at its US subsidiary Advanced Composites. As the Group announced in a press release, new facilities are to be built at Advanced Composites' headquarters in Sydney, Ohio. Capacities...

Engel: Frank Schuster new Head of Packaging

09.04.2018 - Frank Schuster has been with Engel for two years and, according to the injection moulding machine manufacturer, made a significant contribution to the very successful development of the business unit and the further strengthening of the Engel brand in the global packaging industry during this time as...

Schur Flexibles: Thorsten Kühn appointed CEO of Group

09.04.2018 - Thorsten Kühn has been appointed the new Chief Executive Officer of the Schur Flexibles Group, a company based in Wiener Neudorf, Austria, specialising in packaging solutions for the food, tobacco and pharmaceutical industries. The 45-year old, who holds a degree in Business Administration, draws on...

Geiger Handling: Automation specialist with new management - New plant with expanded production capacity

06.04.2018 - In April 2018 Christian Göhr took over the management of Geiger Handling at the new company location in Dornhan, Germany. "Mr. Göhr brings extensive management and sales experience to his new position and, with over 20 years of market experience, is an expert in automation technology", explains Timo...

Plastpol 2018: Polish plastics trade fair still on the road to success

06.04.2018 - The 22nd Plastpol, International Trade Fair for Plastics and Rubber Processing, will take place from 22-25 May 2018 in Kielce, Central Poland. As a pure B2B event, the event is regarded as one of the leading trade fairs of the plastics industry in Central-Eastern Europe. For several years now, the...

Kureha: Expansion of PPS capacities planned

06.04.2018 - The Japanese chemical company Kureha plans to expand its polyphenylsulfide (PPS) production. As the company announced in a press release, new plants with an annual capacity of 5,000 metric tons are to be built at the Iwaki site in Fukushima Prefecture. The new complex is expected to be completed...

Trioplast: Swedish investor acquires PE film specialist

06.04.2018 - On March 29, 2018, Swedish investor Altor signed agreements to acquire Trioplast Industrier AB ("Trioplast") from Bo Larsson. Trioplast was founded in 1965 by Vilhelm Larsson in Smålandsstenar. Since 1984, the company has been owned by his son Bo Larsson (72), who has developed the company as a supplier...

Evonik optimizes PEEK production in China

05.04.2018 - Evonik has comprehensively optimized the production process of „Vestakeep“ PEEK and further improved the quality of the product at its Changchun, China, site. In particular, energy requirements, material use, and the waste generated during production were reduced under the optimization measures and...

Joma-Polytec: Plastics specialist with million invest in Bodelshausen - Further expansion at Chinese Joma Kunshan

05.04.2018 - Joma Polytec GmbH is investing twelve million euros in a new plant and building another production and storage hall at its site in Bodelshausen, district of Tübingen, Germany. Construction is scheduled to begin this spring. Completion is expected in about one year. Joma Polytec specialises in plastics...

Austrotherm: Further price increase for XPS from mid-April

05.04.2018 - Austrotherm Dämmstoffe GmbH from Wittenberge has again announced price increases of approx. 4-7 percent for deliveries from April 16, 2018 for the complete Austrotherm XPS range. As a result, all previous price agreements will expire on April 13, 2018. The reason for this is the sharp rise in...

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