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Miele: Construction of a new US plant in Alabama - production of cookers and ovens for North America to start at the end of 2024
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...
Norma Group: Acquisition of Italian Teco Srl - Expansion of water management business in Europe
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...
Wittmann Battenfeld Germany: Andreas Schramm to become sole Managing Director
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...
Sumitomo Chemical: Pilot plant for propylene production from ethanol
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...
Gravita: Indians launch another PP recycling plant in Africa
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...
KB Components: Swedish plastics processor takes over Innotech Precision
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...
Cyclyx: Green light for first Circularity Centre
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...
Wittmann: Kevin Wang new Managing Director in China
15.12.2023 - Wittmann in China has a new Managing Director. Kevin Wang is responsible for sales and service in eastern and northern China and is also in charge of the production plant in Kunshan. Jonathan Ching is retiring after 21 years with the Wittmann Group. "We are delighted to have gained an experienced...
European Bioplastics Conference 2023: 380 participants at the 18th edition
14.12.2023 - 380 participants gathered in Berlin and online from 12-13 December 2023 to attend the 18th edition of the European Bioplastics Conference 2023 (EBC23). In their opening speech, Lars Börger and Mariagiovanna Vetere, acting co-chairs of the EUBP, emphasised the importance of sustainability commitments:...
Arburg: Senior partner Eugen Hehl dies
14.12.2023 - Eugen Hehl, Senior Partner of Arburg GmbH + Co KG, passed away on 12 December at the age of 94. In addition to his entrepreneurial vision, the trained master mechanical engineer was characterised above all by his contributions to the development of Arburg's worldwide sales and the company's construction...
Koinos: Masterbatch and Ultrabatch become Impact Formulators
14.12.2023 - The Milan-based investment company Koinos Capital is forming the new Impact Formulators Group from the two Italian masterbatch and additives manufacturers Masterbatch S.r.l. and Ultrabatch S.r.l.. Koinos announced this after completing the acquisition of 100 per cent of the shares in Masterbatch...
Netstal: Felix Hüthmair new VP Sales
13.12.2023 - Felix Hüthmair, an experienced manager from the plastics industry, is taking over as Head of Sales at Netstal. As a new member of the Management Team, he is responsible for global sales in the application-specific business areas. Felix Hüthmair is returning to Netstal after 20 years in various management...
Hexpol: Swedes take over Star Thermoplastics
13.12.2023 - The Swedish plastics group Hexpol has acquired the US industry company Star Thermoplastic Alloys and Rubbers Inc. (Star Thermoplastics). The Group announced the acquisition of 100% of the shares in Star Thermoplastics in a press release in mid-November. The shares were sold by company founder Thomas...
Sirmax: Expansion of compounding capacities in India
11.12.2023 - The Italian plastics processor Sirmax is building another production site in India. In a press release at the beginning of the month, the company announced the start of construction work on a new plant near Hosur in the southern Indian state of Tamil Nadu. According to the press release, the site...
Hirsch Servo: Acquisition of the Czech injection moulding company Renostav
07.12.2023 - The Austrian Hirsch Servo Group, a provider of sustainable polystyrene insulation, packaging and technology solutions, is continuing its expansion. By acquiring the plastic injection moulding company Renostav spol. s.r.o. in Zábřeh na Moravě, Czech Republic, which currently primarily produces...
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