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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,...
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...
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...
K.D. Feddersen: New PBT grades from Celanese
20.12.2023 - From January 2024, K.D. Feddersen Distribution in Europe is expanding its extensive range of PBT grades from Celanese with new grades for food applications, halogen-free flame retardancy and high CTI values. In addition, the distributor now offers a range of low warpage grades, including V-0 grades....
European Bioplastics Conference 2023: 380 participants at the 18th edition
14.12.2023 - 380 participants gathered in Berlin and online from 12-13 December 2023 to attend the 18th edition of the European Bioplastics Conference 2023 (EBC23). In their opening speech, Lars Börger and Mariagiovanna Vetere, acting co-chairs of the EUBP, emphasised the importance of sustainability commitments:...
Arburg: Senior partner Eugen Hehl dies
14.12.2023 - Eugen Hehl, Senior Partner of Arburg GmbH + Co KG, passed away on 12 December at the age of 94. In addition to his entrepreneurial vision, the trained master mechanical engineer was characterised above all by his contributions to the development of Arburg's worldwide sales and the company's construction...
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...
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