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05.01.2016 - The German plastic packaging industry is looking ahead with confidence to the coming year, as shown by the results of the IK economic forecast for the first quarter of 2016. This suggests that 70 per cent of member companies judge the economic situation to be good; a year ago, this figure stood at a...
05.01.2016 - Huhtamäki Oyj´s subsidiary has entered into an agreement to acquire Fiomo, a.s., a privately owned manufacturer of flexible packaging foils and labels in the Czech Republic. With the acquisition Huhtamaki expands its flexible packaging manufacturing footprint to Eastern Europe and is able to offer agile...
21.12.2015 - Petainer Innopac Packaging, a joint venture between Petainer UK Holdings Ltd and Innopac Containers Pvt Ltd, recently officially opened its new manufacturing facility close to the Mumbai region in India. The plant has been designed to provide customers with high quality, high performance and sustainable...
09.12.2015 - Royal DSM, a global science-based company active in health, nutrition and materials, yesterday announced that its Business Group DSM Engineering Plastics has opened an office in the San Francisco Bay area to support the consumer electronics business and the rapid growth of this segment. DSM is leading...
09.12.2015 - Croda Polymer Additives has announced plans to invest in the expansion of its amide capacity at their manufacturing site in Hull, United Kingdom. The Hull site is one of three fatty acid amide manufacturing plants in the Croda group with the others located in Gouda, Netherlands, and Mianyang, China....
07.12.2015 - Arkema recently announced a price increase of 50 Euro/MT for its whole "Evatane” (High Content Ethylene Vinyl Acetate Copolymer) range starting December 1, 2015.
30.11.2015 - LyondellBasell, one of the world´s largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd. (Zylog) of India. Upon completion of the acquisition, LyondellBasell...
27.11.2015 - BASF is expanding the compounding capacities for engineering plastics in Europe. Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of "Ultramid” (PA: polyamide) and "Ultradur” (PBT: polybutylene terephthalate) at the Schwarzheide site, Germany. Around...
24.11.2015 - In March 2015, Sulzer has received an order from Innova S.A. for the delivery of a foam production system relying on Sulzer´s extruder-based melt impregnation technology. The facility in Triunfo, Rio Grande do Sul, Brazil - with a capacity of more than 24,000 tons per year - will produce Expandable...
17.11.2015 - BASF today officially inaugurated the new TDI (toluene diisocyanate) plant at its Ludwigshafen site. The plant has an annual capacity of 300,000 metric tons of TDI. The total investment, including precursors, is over €1 billion. This is the largest investment ever made at the site and will create around...
10.11.2015 - The DuPont board of directors recently announced it has named Edward D. Breen the company´s chair and chief executive officer (CEO), effective immediately. Breen has served as interim chair and CEO of DuPont since October 16, 2015, and joined the company´s board in February 2015. "Ed Breen brings...
04.11.2015 - Mondi Group has signed an agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. and related interests ("KSP”). Established in 1973, KSP is a flexible packaging company specialised in the production of high-quality spouted and retort stand-up pouches for the food, pet food...
29.10.2015 - Amcor recently announced the acquisition of privately owned Encon’s preform manufacturing business. The consideration payable will be US$55 million and the acquired business will form part of Amcor´s Rigid Plastics business group. Encon generates revenues of approximately US$110 million servicing...
20.10.2015 - Switzerland-based Maag, manufacturer of gear pumps, pelletizing systems, and filtration systems for demanding applications in the plastics, chemical, and petrochemical industries, has agreed to acquire US-based Gala Industries, Inc. Gala is a manufacturer of underwater pelletizing systems, centrifugal...
26.06.2015 - With its new Electrical Motion ultrasonic welding machine (working frequency: 20 kHz), the Swiss specialist for ultrasonic welding technology, Rinco Ultrasonics, is treading new ground: away from the traditional pneumatic drive to an electrically driven welding machine. With this solution, the relevant...
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