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Covestro: EU clears takeover by Adnoc under strict conditions – Focus on competition and access to technology
17.11.2025 - The European Commission has approved the planned acquisition of plastics and chemicals group Covestro by the Abu Dhabi National Oil Company (Adnoc) under the Foreign Subsidies Regulation (FSR) – but only subject to strict conditions. The decision is particularly relevant for the European plastics industry,...
Haitian International: New Site in Serbia Begins Operations
17.11.2025 - Haitian International has marked the soft opening of its new production site in Ruma, Serbia, with an internal open-house event. The site forms a central component of the company’s European expansion and localization strategy. The first development phase comprises around 60,000 square meters of production...
MKV Kunststoffgranulate: Establishment of a U.S. Subsidiary
12.11.2025 - MKV GmbH Kunststoffgranulate (MKV), based in Beselich-Obertiefenbach near Limburg, Germany, is expanding its international presence and will establish a subsidiary in the United States on January 1, 2026. The new company will be called MKV Polymers Inc. and will be headquartered in Akron, Ohio. Initially,...
KVZ Hintermayr: Plastics Recycler Expands Capacity at Wertingen Site
10.11.2025 - The plastics recycler KVZ Hintermayr is investing around 1.5 million euros in expanding its material recycling operations at its Wertingen site in the district of Dillingen an der Donau (Bavaria). The measures aim to significantly increase the company’s processing capacity and improve energy efficiency....
Klöckner Pentaplast: Restructuring to Reduce Debt by 1.3 Billion Euros
06.11.2025 - Klöckner Pentaplast, an international manufacturer of packaging and specialty film solutions, has entered into a Restructuring Support Agreement (RSA) with a majority of its financial partners. The goal is the comprehensive realignment of the company's capital structure, which is intended to reduce...
Clariant: Joint Venture with Fuhua for Halogen-Free Flame Retardants
06.11.2025 - Clariant has announced a strategic partnership with the Chinese chemical company Fuhua to produce novel, halogen-free flame retardants. The joint venture, which is still subject to regulatory approval, is planned to establish a production facility for phosphorus-based flame retardants in Leshan, Sichuan...
Hotset: Generational Change in the Management of the Temperature Control Technology Specialist
06.11.2025 - As of November 1, 2025, a comprehensive leadership transition has taken place at Hotset GmbH. After more than two decades at the helm, Ralf Schwarzkopf has handed over the position of CEO to his cousin once removed, Daniel Honsel. With this step, the management of the Lüdenscheid-based manufacturer...
FibreCoat + Lofith: Testing New High-Performance Composites in Space
06.11.2025 - German and Spanish materials specialists FibreCoat and Lofith Composites have announced a partnership to develop high-performance thermoplastic composite materials for use in space. In 2026, a satellite is scheduled to carry test panels of the jointly developed material into orbit for approximately...
Wirthwein: Plastics Specialist Expands Production and Logistics Structures at Headquarters in Creglingen
05.11.2025 - The Wirthwein Group is investing around 3.5 million euros in expanding its building and production infrastructure at its headquarters in Creglingen. According to the company, the aim of these measures is to strengthen the site as part of internal corporate restructuring and to prepare for the takeover...
HF Opportunities Acquires Insolvent Automotive Supplier Gerhardi Kunststoff
04.11.2025 - The investment firm HF Opportunities (HFO) has acquired key assets of the insolvent automotive supplier Gerhardi Kunststoff GmbH through an asset deal. The transaction secures approximately 1,000 jobs across the company’s three sites in Lüdenscheid, Altena-Rosmart, and Ibbenbüren. The management team,...
K.D. Feddersen: New Subsidiary Established in Portugal
04.11.2025 - K.D. Feddersen Distribution GmbH is expanding its European market presence with the establishment of K.D. Feddersen Unipessoal, Lda in Porto, Portugal. With this new subsidiary, the company aims to strengthen its position in Southern Europe and to intensify direct contact with customers in the region....
IK: Recycling of Plastic Packaging in Europe on the Rise – Germany Among the Leading Countries
04.11.2025 - The recycling of plastic packaging in Europe continued to increase in 2023. According to the latest Eurostat data, many EU member states recorded higher recycling rates, albeit to varying degrees. Germany remains among the European leaders with a rate of 52 percent. The top positions are held by Belgium...
Biesterfeld: Assumption of Distribution for Lanxess Polymer Additives in Central and Eastern Europe
03.11.2025 - The Hamburg-based distribution and service company Biesterfeld has received the distribution rights from Lanxess for its polymer additive portfolio in Central and Eastern Europe. The agreement covers a wide range of branded products, including Acetin, Adimoll, Bayhibit, Baypure, Baymod, Baysolvex, Disflamoll,...
Alpla: Acquisition of Serbian Closure Manufacturer Energoplast
03.11.2025 - The Alpla Group has acquired the production facility of the Serbian closure manufacturer Energoplast in Belgrade. With this acquisition, the internationally active packaging specialist is expanding its activities in compression and injection moulding, strengthening its role as a system provider for...
Arburg: HK Cosmetic Packaging Takes Delivery of Its 150th Allrounder – 50 Years of Partnership
31.10.2025 - HK Cosmetic Packaging GmbH from Coburg-Creidlitz and Arburg are celebrating a double anniversary: 50 years of successful collaboration and the delivery of the 150th Allrounder. The ceremonial handover of the hydraulic Allrounder 720 S took place on October 22, 2025, at Arburg’s headquarters in Lossburg,...
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