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Solenis: Speciality chemicals company expands site in Virginia
05.02.2024 - The US speciality chemicals company Solenis is expanding its production site in Suffolk in the US state of Virginia. In a press release, the company recently announced an investment totalling USD 193 million. The plans include the construction of a 7,400 square metre production hall and a new packaging...
BASF: New TPU plant started up at the Verbund site in Zhanjiang
31.01.2024 - The German chemical company BASF has started up a plant for the production of thermoplastic polyurethanes (TPU) at its new Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The company recently announced this in a press release. The new complex is the Group's largest single...
Scott Bader: British company modernises main plant in England
23.01.2024 - The British plastics company Scott Bader is planning to modernise its main plant in Wollaston near Northampton. According to a press release, a total of GBP 30 million (EUR 35 million) is to be invested at the site in central England over the next five years. GBP 8 million (EUR 9.3 million) has...
Songwon: Price increase and freight surcharge for Polymer Stabilizers and Coatings
19.01.2024 - Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented...
Wittmann: Establishment of a branch in Vietnam
19.01.2024 - The Wittmann Group, headquartered in Austria, is strengthening its market presence in Southeast Asia by establishing its own sales and service branch in Vietnam. "Vietnam is becoming increasingly important as a production location for the injection moulding industry," emphasises Michael Wittmann,...
Tanrıkulu: Turkish plastics recycler enters the PET bottle-to-bottle market - New line from Starlinger
18.01.2024 - The plastics recycler Tanrıkulu, based near Istanbul, Turkey, has commissioned its new Starlinger "recoStar PET 215 iV+" bottle-to-bottle recycling system in the last quarter of 2023. According to the machine manufacturer, the PET bottle-to-bottle system is the second plastic recycling system...
EQT: Swedish investor takes over plastics processor Zeus
16.01.2024 - The Swedish investment company EQT is taking over the US plastics processor Zeus Company. In a press release at the end of December, EQT announced the signing of a corresponding agreement. Accordingly, the EQT X fund is acquiring the Zeus shares from the Tourville family of entrepreneurs. The transaction...
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...
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...
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...
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...
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