All news

Amut supply

Two lines for Chinese waterproofing membranes

Technology - Wednesday, 15 May 2019

Two extrusion lines for the production of waterproofing membranes in PVC and TPO have been recently supplied by Amut to Jiangsu Canlon. “We are becoming the largest supplier of waterproofing materials around China reaching a productivity capacity of 10 million sqm per year of waterproofing membranes in polymer...

Milacron sold the blow moulding business

Two US investment funds are the new owners of Uniloy

Technology - Wednesday, 15 May 2019

On May 14, Milacron announced that it entered into a definitive agreement with Osgood Capital Group and Cyprium Investment Partners to sell its Uniloy blow moulding business. Tom Goeke, Milacron President and CEO, said, “The sale of the Uniloy blow moulding business is being transacted in the best interests of Milacron, its stockholders, and its...

Strategic investment for Frigel

Frigel Eastern Europe opens in Poland

Technology - Wednesday, 8 May 2019

A strategic investment gives Frigel Group direct access to the Polish market of process cooling solutions in plastics, beverage and die casting industries. The company announced the opening of a new subsidiary in Poland as another important step for its global strategic growth...

Restructuring

Milacron sells blow moulding activities

Technology - Wednesday, 8 May 2019

In its first quarter financial report, issued April 30, Milacron announced that it will be offering for sale the Uniloy blow moulding machinery business. Uniloy’s line of blow moulding machines includes reciprocating screw blow moulders, injection blow moulding presses, shuttle machines and accumulator head blow moulding machines. The business...

Polyolefins recycling in 2018

The capacity for rigid polyolefins in Europe totals 1.7 million tonnes

Plastic and environment - Wednesday, 8 May 2019

With a total recycling capacity of 1.7 million tonnes, rigid, post-consumer and post-industrial polyolefins, in particular HDPE and PP, are in the group of the most recycled streams in Europe. According to the data collected by Plastics Recyclers Europe, the countries with the highest shares of the installed capacity for these streams include...

The Wittmann Group 2018

On course for further growth in 2018

Technology - Wednesday, 8 May 2019

In 2018, the Wittmann Group realized 425 million Euros in sales, which represents an increase of just under 6% in turnover compared to the previous year. According to Michael Wittmann, Managing Director and CEO of the Wittmann Group, this development is extremely satisfactory. With 2,415 associates, the Group’s workforce was...

Biodegradability in the environment

The European Bioplastics point of view on the study of the University of Plymouth

Plastic and environment - Wednesday, 8 May 2019

According to the study “Environmental Deterioration of Biodegradable, Oxo-biodegradable, Compostable, and Conventional Plastic Carrier Bags in the Sea, Soil, and Open-Air Over a 3 Year Period”, carried out by Imogen E. Napper and Richard C. Thompson of the Plymouth University, biodegradability would not be sufficient to solve the problem of waste...

The FIP Lyon changes name

Three events in one for all the plastics industry

Marketing - Wednesday, 8 May 2019

The FIP trade show, the French event dedicated to the plastics industry organized every three years in Lyon, has changed its name: starting from the next event, scheduled from 16 to 19 June 2020, under the new name France Innovation Plasturgie, the fair will gather three concomitant trade shows under the same roof. The main show...

Covestro confirms full year guidance after first quarter

Results influenced by challenging environment as expected

Materials - Wednesday, 8 May 2019

As expected, higher competitive pressure influenced the first quarter 2019 results of Covestro. Despite an overall solid demand, core volumes decreased slightly by 1.8%, mainly due to lower volumes in the polycarbonates segment. A marked drop in selling prices led to a reduction in Group sales by 16.0% to 3.2 billion euros. The Group’s...

The Basf first quarter 2019

Sales increase, earnings below prior-year quarter, in line with expectations

Materials - Wednesday, 8 May 2019

“In the first quarter of 2019, Basf Group sales rose by 3% year on year to 16.2 billion euros”, said Martin Brudermüller, Chairman of the Board of Executive Directors of Basf, at the company’s Annual Shareholders’ Meeting held at Congress Center Rosengarten in Mannheim, Germany. Compared with the first quarter of 2018, income from...

First quarter figures of Borealis

A solid start into 2019

Materials - Wednesday, 8 May 2019

A leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, Borealis, announced a net profit of 200 million euros for the first quarter of 2019, compared to 240 million euros in the same quarter of 2018. The deterioration in profit compared to the first quarter of 2018 was driven by lower European integrated polyolefin...

IVM acquires the second Nova eT

From an hydraulic press to an all electric one to improve process and productivity

Technology - Wednesday, 24 April 2019

Less than six months after the delivery of the first Nova eT all electric machine of Negri Bossi, the British IVM has taken delivery of a 280-ton model. The machine was purchased to produce an existing under-seat automotive component, with a visible and textured front face. The tool previously ran on a modern 270-ton hydraulic machine achieving a 46-second cycle time...