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01.12.2023 - Jan Schweizer will take over the operational management of Polycompound AG, Sissach, Switzerland, from Thomas Manetsch at the beginning of 2024. Between winter 2022 and summer 2023, the company gradually put a new production centre at Hauptstrasse 1g into operation. Additional production, storage and...
01.12.2023 - The Danish toy manufacturer Lego is further expanding its production site in Monterrey, Mexico. According to a press release, additional storage space and new packaging capacities are to be created in Monterrey. Overall, the site will grow by a further 59,000 square metres to a total of 334,000...
30.11.2023 - The Grafe Group, a German manufacturer of a wide range of masterbatches of all kinds, has acquired a majority stake in the Italian masterbatch producer Gaypa s.r.l. from Quinto Vicentino in north-east Italy's Veneto region, which the company says was finalised towards the end of the third quarter of...
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...
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...
29.11.2023 - The chemicals group LyondellBasell (LYB) has acquired a 25 percent stake in the US plastics recycling company Cyclyx International. LYB and Cyclyx announced this at the end of October without going into the financial volume or further details of the transaction. To date, the technology company Agilyx...
24.11.2023 - Sentiment among German companies has improved slightly. The ifo Business Climate Index rose to 87.3 points in November, up from 86.9 points in October. This is its third consecutive increase. Companies assessed their current business situation as somewhat better. Expectations for the coming months were...
24.11.2023 - Arburg opened a new branch in Ho Chi Minh City, Vietnam, in July of this year. The main aim of the machine manufacturer is to bring its products and services closer to customers in Vietnam. The new subsidiary has a dedicated small team of experts in sales and service. It is also networked with the other...
20.11.2023 - LyondellBasell (LYB) today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site. Using LyondellBasell's proprietary MoReTec technology, this plant will be the first commercial...
27.09.2023 - The Lego Group today announced it has appointed Annette Stube as its Chief Sustainability Officer. Annette, who is currently Executive Vice President and Head of Sustainability at Stora Enso will join the company on January 1, 2024. The role will report to Chief Executive Officer, Niels B Christiansen,...
18.09.2023 - The "Plast 2023" plastics trade show was held in Milan, Italy, from September 5-8, 2023. The fair presented 1.323 exhibitors on a net area of 50.000 square meters, registering 38.000 visitors. Twenty-six percent of visitors came according to the organizer from 109 countries. Of these, Europe stood...
07.08.2023 - What started back at the Willich site with just a few employees and a laboratory extruder has now become a major company in the bioplastics industry. FKuR develops and produces innovative bioplastic compounds on the company's premises covering more than 7,000 m². The company's own granulates are complemented...
04.08.2023 - Fanuc Europe Corporation recently announced the appointment of Marco Ghirardello as the new President and CEO. Ghirardello succeeds Shinichi Tanzawa, who has been leading the company since 2016 and will return to Fanuc Headquarter for a new assignment. Ghirardello, who has been with Fanuc since 1994,...
19.07.2023 - LyondellBasell today announced it has acquired a 50 percent stake in Stiphout Industries B.V. ("Stiphout"). Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity...
22.06.2023 - Thai chemical company PTT Global Chemical (PTTGC) is planning to build a PET recycling plant in the US state of Ohio. According to a press release from U.S. subsidiary PTTGC America (GCA), the complex will be built on land at the Midwest Mega Commerce Center in Fayette County. Located between Cincinnati...
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