Latest News

Lummus Technology: Investment in pyrolysis start-up Resynergi

22.01.2024 - US-based Lummus Technology is participating as an investor in the financing of the technology company Resynergi. In a press release, Lummus announced a major investment in Resynergi without going into details of the financial commitment. However, Resynergi announced in a press release the closing...

Songwon: Price increase and freight surcharge for Polymer Stabilizers and Coatings

19.01.2024 - Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented...

Wittmann: Establishment of a branch in Vietnam

19.01.2024 - The Wittmann Group, headquartered in Austria, is strengthening its market presence in Southeast Asia by establishing its own sales and service branch in Vietnam. "Vietnam is becoming increasingly important as a production location for the injection moulding industry," emphasises Michael Wittmann,...

Hellweg Maschinenbau: Flexal is new sales partner for high-performance granulators in Poland

19.01.2024 - The Flexal Group Sp. z o. o., Posnan, is now a sales partner of Hellweg Maschinenbau in Poland. The company will be responsible for sales, service and technical advice for Hellweg's complete range of granulators. As a distributor of leading global manufacturers of machines for thermoplastic and rubber...

Tanrıkulu: Turkish plastics recycler enters the PET bottle-to-bottle market - New line from Starlinger

18.01.2024 - The plastics recycler Tanrıkulu, based near Istanbul, Turkey, has commissioned its new Starlinger "recoStar PET 215 iV+" bottle-to-bottle recycling system in the last quarter of 2023. According to the machine manufacturer, the PET bottle-to-bottle system is the second plastic recycling system...

EQT: Swedish investor takes over plastics processor Zeus

16.01.2024 - The Swedish investment company EQT is taking over the US plastics processor Zeus Company. In a press release at the end of December, EQT announced the signing of a corresponding agreement. Accordingly, the EQT X fund is acquiring the Zeus shares from the Tourville family of entrepreneurs. The transaction...

Ineos: New environmental licence for "Project One"

15.01.2024 - The British chemicals group Ineos has received a new environmental permit from the government of the Belgian region of Flanders for the construction of the "Project One" olefin complex in the port of Antwerp. The company recently announced this in a press release. As reported by Belgian media with...

Myplas: South Africans launch recycling plant in Minnesota

12.01.2024 - The South African recycling company Myplas commissioned a new plastics recycling plant in the US state of Minnesota in December. According to a press release from subsidiary Myplas USA, the plant was built at the Rogers site near Minneapolis. In the long term, the complex will have the capacity...

CiTex Holding: Acquisition of Pixargus

12.01.2024 - CiTex Holding GmbH today announced the acquisition of Pixargus GmbH, based in Würselen, Germany. The company has been offering inline quality control for extrusion products for 20 years and uses unique image processing technology to detect and document defects and material changes as part of automated...

Trioworld: Swedes acquire Wentus

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...

APK: Start of construction on second "Newcycling" plant planned for 2024

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...

Trinseo: Price Increase for Polystyrene and Copolymers in Europe

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...

Krahn Chemie: Expansion of distribution of BYK additives to Denmark

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,...

BASF: Dr Markus Kamieth becomes new Chairman of the Board of Executive Directors

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...

Distrupol: British plastics distributor expands in Europe

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...

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