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ifo: Business Climate in German Automotive Industry Deteriorates
03.07.2026 - The Business Climate Index in the German automotive industry fell to -21.4 points in June, down from -20.7* points in May. Companies assessed their current business situation as considerably worse than in the previous month. At the same time, they are significantly less pessimistic about the coming...
AMI: Conference Program Released for Compounding & Recycling Expo 2026
03.07.2026 - AMI has released the conference program for the Compounding & Recycling Expo, which will take place on September 23–24, 2026, at the Frankfurt exhibition grounds in Germany. Alongside the trade exhibition, two free-to-attend conference theaters will host presentations and panel discussions focusing...
United Flexibles: Acquisition of film manufacturer Fol-Pol
03.07.2026 - United Flexibles, the corporate group controlled by Polish investment firm TEP Capital, has strengthened its position through the acquisition of plastic film manufacturer Fol-Pol. In a press release issued in June, TEP Capital announced that United Flexibles had acquired 100% of the shares in Fol-Pol....
Elmet: Markus Nuspl appointed CEO
02.07.2026 - Austrian liquid silicone processing technology specialist Elmet has appointed Dr. Markus Nuspl as CEO. With this appointment, the company is laying the groundwork for its continued development and the expansion of its international market position. Holding a doctorate in mining engineering, Nuspl...
Scanfill: Introduction of Food-Grade Recycled PP Film with 30% PCR Content
02.07.2026 - Swedish plastics processor Scanfill has launched "Scanfoil rPP POP" (Prevented Ocean Plastic), a polypropylene film made from 30% post-consumer recycled (PCR) material that is approved for food contact. According to the company, it is among the first transparent recycled PP films available in large...
Sikora: Alaaddin Aydin Appointed CEO, Succeeding Dr. Christian Frank
02.07.2026 - Sikora GmbH has implemented a leadership transition effective July 1, 2026. Dr. Christian Frank has handed over operational responsibility as CEO to Alaaddin Aydin. With this succession plan, which was prepared well in advance, the Bremen-based company aims to ensure continuity in its leadership and...
Covestro: Strategic investment program to expand global MDI capacity
01.07.2026 - Covestro has announced a strategic investment program for MDI (methylene diphenyl diisocyanate). The company plans to build a new world-scale MDI plant at its integrated site in Shanghai and conduct a feasibility study for a second facility in the United Arab Emirates. With these projects, Covestro...
Huhtamaki: Thomas Morin to Lead Fiber Packaging Business Segment
01.07.2026 - Huhtamaki has appointed Thomas Morin as President of its Fiber Packaging business segment and a member of the Global Executive Team, effective September 1, 2026. He will report to President and CEO Ralf K. Wunderlich and will be based in Espoo, Finland. Morin succeeds Sara Engber, who was appointed...
TeraPlast: Acquisition of Aliaxis PE Pipe Plant
01.07.2026 - Romanian plastics processor TeraPlast Group is acquiring Aliaxis' polyethylene (PE) pipe production operations in Spain from the Belgian company. According to a TeraPlast press release, the parties signed the agreement earlier this month. The transaction includes Aliaxis' plant in Okondo, northern...
Biesterfeld: Distribution Partnership with Syensqo Expanded to the UK and Ireland
01.07.2026 - The Biesterfeld Group and Syensqo have expanded their strategic distribution partnership for composite and tooling materials to the United Kingdom and Ireland. Effective immediately, Biesterfeld will distribute Syensqo's Performance Products portfolio in both markets, becoming the company's preferred...
Biesterfeld: Jürgen Rietschle appointed Business Manager Polymer Additives
30.06.2026 - Biesterfeld Group has appointed Jürgen Rietschle as Business Manager Polymer Additives, effective August 1, 2026. Rietschle joined Biesterfeld in November 2024 and most recently served as Head of Sales Polymer Additives, overseeing the business unit's sales activities. He brings extensive experience...
IMCD: Acquisition of Thailand’s Merit Solution – Expanding Its Plastics Additives Offering
30.06.2026 - IMCD N.V. has signed an agreement to acquire 100 percent of the shares in Merit Solution Co., Ltd. The Thai company distributes additives for the plastics and compounding industry, thereby complementing IMCD’s existing offering in Advanced Materials. Merit Solution supplies applications in various...
Lego: Opening of global manufacturing innovation center
30.06.2026 - The Danish Lego Group has opened its first global manufacturing innovation center at its headquarters in Billund. According to a press release, the new Kornmarken Campus will bring together the development, testing, and scaling of new technologies, materials, and products for the entire group at...
Evonik: Second Quarter Exceeds Expectations – 2026 Outlook Raised
29.06.2026 - Based on strong business performance in the second quarter of 2026, Evonik has significantly raised its full-year guidance. According to preliminary figures, the specialty chemicals company expects adjusted EBITDA for the second quarter to range between €600 million and €650 million. At the midpoint,...
Ineos Styrolution: Shutting down PS production in Illinois
29.06.2026 - Ineos Styrolution, part of the UK-based chemical group INEOS, will discontinue polystyrene (PS) production at its Channahon site in the US state of Illinois. The company announced the decision in a recent press release. The shutdown of the plant is expected to be completed in the fourth quarter of...
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