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Erema: Group Remains Profitable Despite Significant Revenue Decline
07.08.2026 - The Erema Group closed the 2025/26 financial year profitably despite challenging market conditions. Revenue fell by 28 percent year-on-year to €235 million. The Austrian supplier of plastics recycling technologies cites weak demand for recyclates, high energy costs, intense international competition...
Hexpol: Swedish Group to Acquire Italian Compounder Vipa
06.08.2026 - Swedish plastics group Hexpol is acquiring Italian compounding company Vipa Group. The Swedish company announced the agreement in a press release at the end of July. Under the terms of the deal, Hexpol will acquire 100 percent of the shares in Vipa, which has so far been controlled by the Paolini...
ifo: Business Expectations in German Automotive Industry Improve Considerably
05.08.2026 - The Business Climate Index in the German automotive industry has risen significantly. The figure stood in July at -15.6 points, down from -21.6* points in June. Although companies continued to assess their business situation as just as poor as in the previous month and plan to cut more jobs, their business...
Linhardt: Packaging Manufacturer Appoints Dr. Christian Korth as New CEO
31.07.2026 - The Linhardt Group has appointed Dr. Christian Korth as its new Chief Executive Officer (CEO). He will take up the position on November 1, 2026, and will be responsible for the strategic and operational development of the internationally active packaging manufacturer. Korth is currently Managing...
Arburg: Acquisition of Stork Plastics Machinery B.V.
30.07.2026 - Arburg is acquiring Dutch injection moulding machine manufacturer Stork Plastics Machinery B.V. (Stork IMM), based in Hengelo. The purchase agreement between Arburg and the current owner, Stibbe Participaties B.V., was signed on 29 July 2026. Completion of the transaction is expected in September 2026....
Gerresheimer: Sale of Global Primary Plastic Packaging Business – 16 Plants and 2,400 Employees Affected
29.07.2026 - Gerresheimer is selling its US subsidiary Centor and its global primary plastic packaging business to funds advised by Apax Partners. The agreed total purchase price is based on a combined enterprise value of approximately €1.5 billion. The Düsseldorf-based packaging and medical technology manufacturer...
Maag Group to Acquire US Extrusion Specialist Cloeren
29.07.2026 - The Maag Group has signed a definitive agreement to acquire US-based Cloeren Incorporated. Through the acquisition, the provider of system solutions for the polymer, chemical and plastics industries is expanding its portfolio to include flat-die and coextrusion technologies. Subject to customary closing...
ifo: Business Climate Index Rises in July
28.07.2026 - Business sentiment among companies in Germany has improved. The ifo Business Climate Index rose to 86.6 points in July, up from 85.7 points in June , due to a significant improvement in expectations. However, companies were somewhat less satisfied with their current business performance. Despite the...
BASF: ISCC PLUS Certification for Two Engineering Plastics Production Sites in China
27.07.2026 - BASF has obtained ISCC PLUS certification for its engineering plastics production facilities in Minhang near Shanghai and at its Verbund site in Zhanjiang, in the southern Chinese province of Guangdong. This enables the company to manufacture plastics at both sites using renewable or recycled feedstocks...
Plastics Industry Association: U.S. Retail Sales Support Demand for Plastic Products
23.07.2026 - Retail sales trends in the United States indicate continued robust demand across key end markets for the plastics industry. This assessment is based on the latest data from the U.S. Census Bureau and the Federal Reserve, according to the Plastics Industry Association. During the first half of 2026,...
Arterex: New ISO Class 8 Cleanroom Expands Medical Device Manufacturing in Mexico
23.07.2026 - Arterex has commissioned a new 9,000-square-foot (approximately 836 m²) ISO Class 8 cleanroom at its Tecate facility in the Mexican state of Baja California. With this expansion, the medical device developer and contract manufacturer is responding to growing customer demand while increasing its medical...
RewinPlast: New pilot plant to recover hard-to-recycle plastic residues
22.07.2026 - According to RewinPlast GmbH, Vienna, Austria, a pilot plant for processing previously difficult-to-recycle plastic residues is to be built at MTM Compact in Fürstenwalde, Germany. The process is designed to convert residual materials from mechanical plastics recycling into usable polyethylene (PE),...
Autoneum: Two New Plants in China
22.07.2026 - Autoneum is expanding its production capacity in China with the construction of two new plants in Anhui Province. The facilities in Wuhu and Anqing are being built following several recently awarded contracts for various vehicle programs of the Chinese automaker Chery. The larger of the two plants...
Wago: Björn Twiehaus to Become New CEO in September
22.07.2026 - The Wago Group has appointed Björn Twiehaus as its new Chief Executive Officer (CEO). The 48-year-old will take over the leadership of the family-owned company, headquartered in Minden, on September 15, 2026. He succeeds Jürgen Koopsingraven, who has been serving as interim CEO in addition to his role...
MCAM: Investment at Pennsylvania Site
20.07.2026 - Plastics company Mitsubishi Chemical Advanced Materials (MCMA) is planning to expand its manufacturing facility in Reading, Pennsylvania. The Pennsylvania Department of Community and Economic Development (DCED) announced the project in a press release issued this week. According to the agency, the...
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