International news

  • 28 February 2024

    Generation change at Sumitomo (SHI) Demag management board

    Gerd Liebig announced that he is stepping down from the management board of Sumitomo (SHI) Demag on 31 August, 2024. After serving the injection moulding industry for 35 years, he will complete the planned company management transition, effective 1 September, 2024. In his nine years as Managing Director...
  • 21 February 2024

    Plastics processing is declining in Germany

    On the occasion of the annual press conference held in recent days, GKV (Gesamtverband Kunststoffverarbeitende Industrie), the German association of the plastics processing industry drew a mixed assessment of the past year. Over 2023, the plastics processing industry in Germany recorded...
  • 21 February 2024

    LyondellBasell announces executive committee changes

    LyondellBasell announced changes to its executive committee, which will be effective starting on March 1, 2024. Kimberly (Kim) Foley will assume the role of executive vice president, Global Olefins & Polyolefins (O&P), Refining and Supply Chain, and Aaron Ledet has been promoted to the role of executive vice president, Intermediates and…
  • 14 February 2024

    Netstal sale to Krones signed

    Munich-based mechanical engineering group KraussMaffei is selling its Swiss subsidiary Netstal Maschinen to Krones, a long-standing Netstal customer that manufactures machines for filling and packaging beverages and liquid foods. The transaction having already been announced on 29 January, the purchase...
  • 07 February 2024

    Davis-Standard completes acquisition of ETG

    Davis-Standard, a global leader in the design and manufacturing of extrusion and converting technology, announced that it has completed the previously announced acquisition of Extrusion Technology Group (ETG). The acquisition includes three brands: battenfeld-cincinnati, exelliq, and Simplas. These additions...
  • 07 February 2024

    Change at the helm of EuRIC

    Emmanuel Katrakis, who has served as EuRIC’s Secretary General since the association’s establishment in 2014, decided to step down as of March. Julia Blees, EuRIC’s Policy Director is poised to carry forward the association’s vision and mission, which is celebrating its momentous 10th anniversary this year...
  • 31 January 2024

    1924-2024: the hundred years of Hasco

    In 2024, German mould-maker Hasco celebrates one hundred years of activity. German technological development in mould-making is closely associated with the name Hasco, founded in 1924 by Hugo Hasenclever, who produced the first tools for machining a then-new material: bakelite. The company's history...
  • 31 January 2024

    In Borealis new responsible for circular economy

    Borealis announced the appointment of Mirjam Mayer, previously Vice President Polyolefins Transformation, as Vice President Circular Economy Solutions as of 1 January 2024. In this position, she will be overlooking and managing Borealis’ entire Circular Economy Solutions (CES) value chain...
  • 17 January 2024

    Kautex Machinenbau taken over by Jwell Machinery

    After the German law firm AndresPartner, advisor for the sale of Kautex Maschinenbau, announced in recent days the transfer of the company under the control of the German subsidiary of a Chinese investor without providing further details on the identity of the latter, the German manufacturer itself has now announced that...
  • 17 January 2024

    Management change at the KraussMaffei Group

    The Supervisory Board of the KraussMaffei Group has reorganized the management of the Group. The previous Chairman of the Supervisory Board, Chi Zhang, has been appointed as the new CEO with effect from January 10, 2024. The previous CEO, Yong Li, will take on the newly created position of...
  • 10 January 2024

    Management change at Basf

    Effective at the end of the Annual Shareholders’ Meeting on April 25, 2024, Markus Kamieth will take over as Chairman of the Board of Executive Directors of Basf. This was decided by the Supervisory Board in its meeting on December 20, 2023. Markus Kamieth has been a member of the...
  • 10 January 2024

    New managing director of VinylPlus and ECVM

    As of 1 January 2024, Charlotte Röber has assumed the position of Managing Director for VinylPlus and the European Council of Vinyl Manufacturers (ECVM). In both positions, she succeeds Brigitte Dero. Charlotte has spent the last ten years at the European PVC Window Profiles and related...
  • 20 December 2023

    Arburg Senior Partner Eugen Hehl passed away

    On 12 December 2023, Eugen Hehl, Senior Partner of Arburg, passed away at the age of 94. In addition to his entrepreneurial vision, the trained master mechanic was recognised above all for his services to the development of global sales at Arburg and the company's construction infrastructure, as well as...
  • 13 December 2023

    Solvay and Syensqo are effectively two separate companies

    Solvay has completed the spin-off its specialty activities to Syensqo, a pivotal moment in its rich history. This move marks a significant strategic shift for the Group, positioning it as a frontrunner in essential chemicals on a global scale. It prepares Solvay to enter a new stage of sustainable growth, sharpening its focus on...
  • 05 December 2023

    New president and CEO at NatureWorks

    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...
  • 29 November 2023

    Masterbatch market in Asia driven by China

    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...