Marketing

Expansions

Wintec appoints a new director of sales

Marketing - Wednesday, 18 April 2018

With Don Ivey, a highly experienced injection moulding expert is taking the helm of Wintec sales in North America. This position was newly created after the injection moulding machine builder, part of the Engel Group and domiciled in Changzhou, China, decided to expand its sales into selected American markets as of May 2018. As the Director of Sales for North America, Don Ivey is responsible for...

Change at the top management of Covestro

Patrick Thomas to hand over CEO position to Markus Steilemann

Marketing - Wednesday, 18 April 2018

The Supervisory Board of Covestro has agreed on an amicable retirement of Patrick Thomas’ tenure as chief executive officer (CEO) effective May 31, 2018, at the meeting of April 13. Patrick Thomas contract as CEO would have originally ended on September 30, 2018. Already in May 2017, Patrick Thomas had informed the Supervisory Board that he...

Amaplast collective at Chinaplas

The Italian technology will be protagonist in Shanghai

Marketing - Wednesday, 11 April 2018

The Italian collective at the thirty-second Chinaplas (Shanghai, April 24-27), organized by Amaplast (Italian plastics and rubber processing machinery and moulds manufacturers’ association), includes some sixty Italian businesses occupying a space of approximately 2,000 square metres...

Appointment

Alfred Stern will take over from Mark Garret at the helm of Borealis

Marketing - Wednesday, 11 April 2018

After more than 11 years as CEO of Borealis, Mark Garrett has decided to leave the company to pursue a new career path. The supervisory board of Borealis regrets but accepts this decision, recognising Garrett’s outstanding contribution to Borealis’ success. Executive vice president Alfred Stern, currently responsible for the Polyolefin Business and...

Record year

In 2017, double-digit growth for Basf Italia sales

Marketing - Wednesday, 4 April 2018

2017 turned out to be a record year for Basf Italia, as revealed by the financial results published by the company: its sales increased by 13% to 1,930 million euros (up from the 1,709 million recorded in 2016), and it thus recorded double-digit growth for the period. These great results were a result of significant growth in sales across most of the business...

Fifth record year in succession

In 2017 rise in incoming orders and market shares for Sumitomo (SHI) Demag

Marketing - Wednesday, 28 March 2018

For the fiscal year of 2017, Sumitomo (SHI) Demag with headquarters in Schwaig and production sites in Schwaig, Wiehe (Germany) and Ningbo (China) again reports a significant increase of sales and incoming orders. The successful launch of the specialist’s new generation of IntElect all-electric injection moulding machines and the positive...

Amaplast: year-end balance sheet for 2017

New record for Italian machinery manufacturers

Marketing - Wednesday, 21 March 2018

Amaplast (Italian trade association, member of Confindustria, bringing together about 170 manufacturers of plastics and rubber processing machinery, equipment and moulds), through its Statistical Studies Centre, has completed its year-end balance sheet for 2017, incorporating foreign trade data from Istat (Italian Institute of Statistics)...

Lanxess results

2017 best year ever, also positive the beginning of 2018

Marketing - Wednesday, 21 March 2018

Specialty chemicals company Lanxess continues its profitable growth path. The company ended fiscal year 2017 with record earnings. Lanxess has also made a good start to the new year. Ebitda pre exceptionals rose by 29.6% in fiscal year 2017 to 1.29 billion euros, the highest result in the company’s history. In the previous year...

Appointment

Daniele Ferrari in the board of directors of Huntsman

Marketing - Wednesday, 21 March 2018

Huntsman Corporation announced the appointment of Daniele Ferrari as a new independent director to its board of directors effective March 7, 2018. The Huntsman board now comprises eight directors, seven of whom are independent directors. Daniele Ferrari serves as CEO of Versalis, a chemical manufacturer, and as chairman of...

Acquisition in the PET field

Indorama Ventures to buy M&G Polimeros Brazil

Marketing - Wednesday, 21 March 2018

Indorama Ventures, a global chemical producer, has announced that it has entered into an agreement to acquire M&G Polimeros Brazil in Ipojuca Brazil. The plant is the largest PET facility in Brazil, with capacity of 550,000 tonnes/annum. The transaction is expected to be completed in second quarter 2018, subject to regulatory approvals...

Agreement

Solvay sells to Alkeemia its Porto Marghera plant for hydrofluoric acid

Marketing - Wednesday, 21 March 2018

Solvay Specialty Polymers has agreed to sell its Porto Marghera  (Venice, Italy) plant, which produces hydrofluoric acid, to Alkeemia, part of the Italian Fluorsid Group. The hydrofluoric acid is utilized by Solvay as a base chemical for the production of selected specialty polymers...

The Innovation Alliance

From an idea to its implementation

Marketing - Wednesday, 14 March 2018

Already 2656 exhibitors from 54 countries and 126,585 square metres have been confirmed three months before the event. Expectations are growing for The Innovation Alliance, the new trade fair, which will take place from May 29 to June 1, 2018, at Fiera Milano. The event will include, for the first time, five events with linked by a common...