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Koinos: Masterbatch and Ultrabatch become Impact Formulators
14.12.2023 - The Milan-based investment company Koinos Capital is forming the new Impact Formulators Group from the two Italian masterbatch and additives manufacturers Masterbatch S.r.l. and Ultrabatch S.r.l.. Koinos announced this after completing the acquisition of 100 per cent of the shares in Masterbatch...
Netstal: Felix Hüthmair new VP Sales
13.12.2023 - Felix Hüthmair, an experienced manager from the plastics industry, is taking over as Head of Sales at Netstal. As a new member of the Management Team, he is responsible for global sales in the application-specific business areas. Felix Hüthmair is returning to Netstal after 20 years in various management...
Röhm: Dr Hans Bohnen appointed as new CEO
08.12.2023 - The Supervisory Board of Röhm GmbH has appointed Dr Hans Bohnen as CEO of Röhm GmbH with effect from 1 February 2024. He will take over the CEO role from Dr Michael Pack, who, after 34 years in the chemical industry and almost ten years at the helm of the MMA/PMMA business, has decided to step back...
Borealis: Craig Arnold appointed new Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology
07.12.2023 - The Supervisory Board of Borealis has appointed Craig Arnold (51) as the new Executive Board member for Polyolefins, Circular Economy Solutions and Innovation & Technology with effect from 1 February 2024. Craig Arnold is currently Chief Commercial Officer at Ferroglobe PLC in Madrid, Spain. Previously,...
NatureWorks: Erik Ripple New President and CEO
06.12.2023 - NatureWorks, a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, recently announced the appointment of Erik Ripple as the company’s new President and Chief Executive Officer. Ripple will succeed interim President and CEO, Jill Zullo, who has served in the role...
Dow: Green light for "Path2Zero" project
05.12.2023 - The US chemical company Dow is to develop a complex for the CO2-emission-free extraction and processing of ethylene in the western Canadian province of Alberta. As the company recently announced in a press release, the Board of Directors gave the go-ahead for the investment project, known as "Path2Zero",...
swisspor: Acquisition of the Romanian XPS manufacturer Briotherm XPS
05.12.2023 - The swisspor Group of the brothers Bernhard and Georges Alpstaeg, provider of energy-efficient building envelope solutions, recently announced the signing of a binding agreement to acquire the Romanian XPS manufacturer BriothermXPS SRL. This strategic acquisition is therefore an important milestone...
Rattpack: Packaging manufacturer takes over Giko
04.12.2023 - The Austrian packaging manufacturer Rattpack has strengthened its position with the takeover of the industry company Giko Verpackungen. In a recent press release, Rattpack announced the successful integration of Giko into the group of companies without going into the financial volume and further...
ZKW: Lighting systems specialist further expands site in Mexico
01.12.2023 - The ZKW Group officially commissioned the third expansion phase of the Mexican plant in Silao with an additional 15,700 square metres during a grand opening ceremony on 29 November 2023. At the same time, the ground-breaking ceremony was held for the next expansion phase, which will create a total of...
Clariant: New plant for flame retardants opened in China
01.12.2023 - The Swiss speciality chemicals group Clariant has opened a new plant in China for the production of halogen-free flame retardants under the Exolit OP brand. According to a press release, the ceremonial commissioning of the new production facility took place in mid-October at the Daya Bay site near...
DuPont: Sale of Delrin business to TJC completed
30.11.2023 - The US chemical company DuPont has finalised the sale of the majority shareholding in its former POM homopolymer business for the "Delrin" brand to the investment group The Jordan Company (TJC). DuPont announced this in a press release at the beginning of the month. Accordingly, TJC now controls...
Borealis: Acquisition of Bulgarian plastics recycler Integra Plastics
29.11.2023 - Borealis announces the signing of an agreement to acquire 100 percent of Integra Plastics AD, a Bulgarian advanced mechanical recycling company. The company further announces that this investment strengthens Borealis' advanced mechanical recycling portfolio with an additional annual production capacity...
KBR: Industrial plant manufacturer becomes engineering partner of PureCycle in Augusta
29.11.2023 - The US industrial plant manufacturer KBR is to become PureCycle Technologies' engineering partner for the construction of a new recycling plant for polypropylene waste in the state of Georgia. According to a PureCycle press release, KBR will be responsible for the project planning of the complex...
SIG: New Packaging Development Centre Europe opened
29.11.2023 - SIG recently celebrated the opening of the Packaging Development Centre Europe at its production site in Linnich. The €10 million centre is designed to accelerate new and particularly sustainable packaging developments and offer SIG customers additional added value. The new centre is equipped with...
Nestlé: Swiss finance plastics recycling plant from Impact Recycling
28.11.2023 - The Swiss food company Nestlé is participating in the financing of a new plastics recycling plant of the British company Impact Recycling. According to a press release, the Group subsidiary Nestlé UK & Ireland is providing a loan of GBP 7 million (EUR 8 million) for the project. The project is also...
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