Marketing

NatureWorks, a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, 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 since...

The masterbatch market in Asia has been a remarkable success story within the plastics industry. Over the last 15 years, the sector has been characterised by strong growth in most markets and the evolution of new products and market sectors. This was reported in the recent report Masterbatch Markets Asia 2023 published by AMI...

PETcore Europe announced that Roberto Bertaggia has been appointed as Executive Director as of 23 November 2023. He replaces Martin Stephan, who previously served in the role. Roberto Bertaggia has spent over 30 years of his career in managing both complex contractual sales and coordination roles...

The Italian extrusion equipment manufacturer Macchi is expanding its international presence thanks to a new partnership with the German company Wiku Plastic, which will represent it in Germany on a technical and commercial level. Headquartered in Röthenbach an der Pegnitz...

Following its company philosophy, “Close to the customer,” European injection moulding manufacturer Engel will expand its production footprint by building a new multi-faceted facility in Mexico. The company's goal is to establish optimal sales, logistics, and production structures for each of the three major regions...

The Board of Directors of Piovan recently approved the company’s financial statements as at 30 September 2023. Here follows a summary of the group's economic performance in the first nine months of 2023 compared to September 2022: total consolidated revenues and other income...

Gefran's Board of Directors, which met on 8 November under the chairmanship of Maria Chiara Franceschetti, approved the company's statments as at 30 September 2023. Revenues in the January-September 2023 period amounted to 101.2 million euros, compared to 101.5 million euros in the same period of...

Through a long-term cooperation agreement with the Spanish company Luiso, Amut expands its international presence in the field of recycling lines, cast film extrusion lines and related services. The Spanish market, which was already served directly from the Italian manufacturer's headquarters...

European Bioplastics (EUBP) announced that Stefan Barot stepped down as Chair and member of the Board of European Bioplastics. Until a successor will be elected, Mariagiovanna Vetere and Lars Börger will take the reins of EUBP as Acting Co- Chairs...

A renowned provider of cutting-edge equipment for EPS recycling, Fimic, and a leading provider of advanced materials, Epsilyte, announced a strategic partnership that marks a significant milestone in Epsilyte’s commitment to sustainability and efficiency in recycling operations. Epsilyte has selected Fimic as...

Global leader in the extrusion equipment and services sector, Davis-Standard announced that it had reached a definitive agreement to acquire the Extrusion Technology Group (ETG) from entities controlled by the Dutch Investor Nimbus. ETG’s operations span Europe, the United States, and Asia and includes...

A manufacturer of machines for the processing of rubber, plastic, nonwovens and other sheet materials, Comerio Ercole has been selected to join the best 100 Italian companies in the ESG TOP Performer category of the "2023 Sustainability Award", now in its third edition. In the 2021 edition...

Commercially present in India since 2006, RadiciGroup inaugurates new production plant in the Country to strengthen its position on the Asian continent with timely products and services for the local market. It is the first industrial site owned by the Italian multinational in India, employing over...

After almost 90 years, the traditionally Munich-based company KraussMaffei moved its headquarters from Allach to Parsdorf. Covering 156,000 square meters, the new site brings together corporate headquarters, injection moulding, reaction process machinery, additive manufacturing, and mechanical production...

As of 1 October, the new CEO of REP is Hervé Revel. With 25 years seniority, Hervé Revel has held a number of different positions since joining the R&D department in 1998. He was for a time after-sales director before becoming director of the industrial and technical division and finally Chief Operating Officer...

Jörg Stech took over the management of KraussMaffei Injection Molding Machinery Emea. In this position, he will be responsible for the business of the division with a focus on Europe as well as the global development of the technology. After working for several years in Germany and abroad...

The European Commission has cleared under the EU Merger Regulation the acquisition of sole control of Novamont by Versalis. The transaction mainly affects the market for bio-based products and biochemicals from renewable resources. The Commission concluded that...

By acquiring a majority stake in the Garbe Automatisme, Sepro Group is cementing its position as a leading global supplier of automation solutions for plastics injection molders. The acquisition of Garbe and its 900 sqm operation will double automation capacity in France and increase Sepro’s global capacity by 20%...

The Supervisory Board of Borealis has accepted the decision of Lucrèce Foufopoulos-De Ridder, EVP Polyolefins, Circular Economy Solutions and Innovation & Technology to step down from her executive position at Borealis, and the Board of Borouge effective 31 December 2023 to pursue other career opportunities...

The Board of Directors of Piovan reviewed and approved the Consolidated Half-Year Financial Report as of 30 June 2023. “The growth in revenues and - above all - the marked improvement in profitability achieved in the first half of 2023 can mainly be attributed to the good balance of our business...