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08.01.2024 - The Trioworld Group signed an agreement on 30 December 2023 to acquire Wentus GmbH, a provider of solutions for high-performance food, consumer and hygiene packaging, from the Egeria Group. "We are very pleased to welcome Wentus to the Trioworld Group. The acquisition will give us the opportunity...
08.01.2024 - The German company APK is planning to start construction work in the new year on its second plant for recycling plastic waste using the "Newcycling" process developed by the company itself. The company recently announced this in a press release after the project was certified by TÜV Rheinland in...
08.01.2024 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), ABS and SAN grades. Effective January 1, 2024, or as existing contract terms allow, the contract and spot prices for the products listed below will increase...
08.01.2024 - Krahn Chemie has been awarded the distribution rights of BYK-Chemie GmbH, a global supplier of speciality chemicals, in Denmark. The distribution agreement covers thermoplastic additives and additives for the PVC/artificial leather sector. By expanding the distribution business to the Danish market,...
22.12.2023 - Dr Markus Kamieth (53) will become Chairman of the Board of Executive Directors of BASF SE at the end of the Annual Meeting on 25 April 2024. This was decided by the Supervisory Board at its meeting on 20 December 2023. Dr Markus Kamieth has been a member of the Board of Executive Directors of BASF...
22.12.2023 - The British plastics distributor Distrupol is continuing to expand in Europe. In a press release, the company announced the opening of new sales offices and warehouse capacities in Germany, France, Spain and Italy from 1 January 2024. According to information on the company's website, the German...
22.12.2023 - In March, Miele announced plans to build an additional production facility in the USA. The exact location has now been finalised: the German family-owned company's first plant on the American continent will be built in Opelika in the US state of Alabama. Production is scheduled to start at the end of...
21.12.2023 - Norma Group has today signed an agreement to acquire Italian irrigation products supplier Teco Srl ("Teco"). Teco specialises in irrigation products for the gardening, landscaping and agricultural sectors. The acquisition is expected to be completed in early 2024. The parties have agreed not to disclose...
21.12.2023 - The Wittmann Group is reorganising its management in Germany. Wittmann Battenfeld Deutschland GmbH, with its two locations in Nuremberg and Meinerzhagen, will from now on be managed by Andreas Schramm as sole Managing Director. As the machine manufacturer further announces, Michael Tolz, previously...
20.12.2023 - Japan's Sumitomo Chemical is building a pilot plant for the production of propylene from ethanol. According to a press release, construction began at the end of October. The plant is being built at the company's Sodegaura site in Chiba Prefecture, east of Tokyo. Completion is expected in the first...
20.12.2023 - From January 2024, K.D. Feddersen Distribution in Europe is expanding its extensive range of PBT grades from Celanese with new grades for food applications, halogen-free flame retardancy and high CTI values. In addition, the distributor now offers a range of low warpage grades, including V-0 grades....
19.12.2023 - The Indian recycling company Gravita India has opened a new plant for recycling polypropylene (PP) in Tanzania. The company announced this in a press release recently. The plant has the capacity to produce 1,800 tonnes of rPP granulate per year. The investment totalled around INR 22.5 million (EUR...
19.12.2023 - Swedish injection moulding company Rosti recently announced plans to open a new plastic injection moulding production facility with ISO 8 cleanroom in Silivri, Turkey in early 2024. The 6,500 square metre facility will provide Rosti Turkey with additional injection moulding capacity and expand its...
18.12.2023 - The Swedish plastics processor KB Components is strengthening its position in Canada with a further acquisition. In a press release at the beginning of the month, KB announced the acquisition of the industry company Innotech Precision. However, no information was provided in the press release regarding...
15.12.2023 - The US plastics recycling company Cyclyx International is to build its first Cyclyx Circularity Centre (CCC) for processing plastic waste near Houston in the state of Texas. In a press release last week, Cyclyx announced the final investment decision (FID) for the project. The planned plant will...
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