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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...
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...
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