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Econ: Friedrich Rechberger takes over management and is set to drive international expansion
11.06.2026 - Econ GmbH has appointed Ing. Friedrich Rechberger, MBA, as Managing Director effective June 3, 2026. The Upper Austrian company, based in Weißkirchen an der Traun, aims to further strengthen its international orientation and prepare for its next phase of growth. Rechberger has more than 30 years...
Celanese: Optimization of compounding business in Asia
11.06.2026 - U.S. chemicals group Celanese plans to optimize production in Asia for its Engineered Materials (EM) division as part of its “Grow & Fortify” strategy. In a press release issued at the beginning of the month, the company announced the immediate closure of its compounding plant in Ulsan, South Korea....
Krones: Annual General Meeting approves dividend of €2.80 per share
10.06.2026 - The shareholders of Krones AG approved all agenda items submitted for voting by a large majority at the company’s 46th Annual General Meeting on June 10, 2026. Attendance represented 83.72% of the company’s share capital. For the 2025 financial year, shareholders approved a dividend of €2.80 per share....
Michelin: Pilot project with Syntetica to recycle nylon from textile waste
10.06.2026 - European deep-tech company Syntetica and the Centre des Matériaux Durables (CMD) at the Michelin Innovation Park Cataroux in Clermont-Ferrand are working together to industrialize nylon recycling from textile waste. The aim of the partnership is to establish a circular economy for the plastics nylon...
Maag: New M²-USG Underwater Strand Pelletizing System Increases Throughput and Process Stability
09.06.2026 - The Maag Group has introduced the M²-USG, a new generation of its underwater strand pelletizing system. The system has been designed to deliver greater process stability, increased production performance, and improved pellet quality. Design enhancements and comprehensive sensor integration are...
Röhm: LiMA Technology in Bay City at Full Scale Operation
09.06.2026 - Röhm has officially opened its new plant for the production of methyl methacrylate (MMA) in Bay City, Texas. Following commissioning and a structured ramp-up phase, the plant is now producing steadily at full capacity, according to the company. Röhm’s proprietary “LiMA” technology is being used there...
KraussMaffei: John Fini appointed new head of US subsidiary
08.06.2026 - There has been a change at the top of KraussMaffei Corporation (KMC), the US subsidiary of the KraussMaffei Group. Brett Greenhalgh retired at the end of May 2026 and stepped down from his position as President of the US subsidiary. Effective June 1, 2026, John Fini, previously Vice President Digital...
EuPC: Jean-Marc Galvez elected as new president
05.06.2026 - Jean-Marc Galvez has been elected as the new President of the European Plastics Converters (EuPC) for the 2026–2028 term. The election took place on June 3, 2026, during the EuPC General Assembly in Brussels. Galvez succeeds Benoit Hennaut, who led the association for four years. Galvez is Chief...
Frimo: Technology Partnership with Chinese Chango Group — Focus on Plastic Welding and Manufacturing Solutions
05.06.2026 - Frimo Innovative Technologies and the Chango Group have agreed on a strategic global technology partnership. The collaboration will initially focus on plastic welding technologies and related manufacturing solutions for various applications and industries. The partnership combines Frimo’s application...
ifo: Sentiment in the German Automotive Industry Brightens Slightly
05.06.2026 - The business climate in the German automotive industry improved somewhat in May, with the indicator rising to minus 20.8 points, up from minus 23.5 points (seasonally adjusted) in April. Companies assessed their current business situation as somewhat better than in the previous month and are also less...
Grünstoff: Plastics Recycler with Strategic Realignment
29.05.2026 - Grünstoff Kunststoff-Recycling GmbH is becoming Grünstoff Polymer Recycling GmbH i.G. With the change of name and strategic realignment, the company at its Elsenfeld site is repositioning itself both organizationally and professionally. On February 4, 2026, the Frankfurt am Main Local Court ordered...
European Bioplastics: Bioplastics association elects new Board
28.05.2026 - European Bioplastics (EUBP) elected a new Board at its General Assembly on 27 May 2026. The body will lead the association of the European bioplastics industry for the 2026 to 2029 mandate period. The Board members are Monica Battistella (Taghleef Industries), Judith Hicks (Vioneo), Franz Kraus (Novamont),...
NGR: PET recycling technology for Turkey’s Sanko
27.05.2026 - Turkey’s Sanko Holding is investing in the Liquid-State Polycondensation (LSP) technology developed by Austrian recycling machinery manufacturer Next Generation Recyclingmaschinen GmbH (NGR). With this technology, the industrial group aims to expand the use of recycled PET materials in high-quality...
Zeon: Expansion of DCPD production capacities
27.05.2026 - Japanese chemical group Zeon plans to expand its production capacities for dicyclopentadiene (DCPD). According to a press release, construction of a new plant at the group’s Mizushima site in Kurashiki on Japan’s main island of Honshū is scheduled to begin in the second half of the current fiscal...
UPM: Acquisition of Avantium technology for bio-MEG and bio-MPG
26.05.2026 - Finnish group UPM is acquiring the Ray Technology process for producing bio-based monoethylene glycol (MEG) and monopropylene glycol (MPG) from Dutch chemical company Avantium. According to the press release, the transaction includes Avantium’s related patent portfolio as well as invention disclosures...
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