International news

"The anniversary is a nice occasion to say thank you. We have made it our mission to build strong connections with all the people we come into contact with" said Thomas Hermann, CEO di Hermann Ultraschall, on the occasion of the recent celebration of the company's sixty years in business...

Safety first: for this reason, Arburg has postponed the date for the Technology Days 2022 from March to June. “With regard to the currently unforeseeable further development of the pandemic, we consider it adviseable that the next year’s Technology Days will not take place as planned from 16 to 19 March. We will therefore postpone the event to...

A leading New York-based middle market private equity firm, Gamut Capital Management has signed a definitive agreement to acquire Davis-Standard and its affiliates from Oncap, the middle-market private equity platform of Onex. Davis-Standard is a leading supplier of extrusion and converting systems and related...

Specialty chemicals company Lanxess will transfer its High Performance Materials (HPM) business unit to an independent legal corporate structure. HPM is one of the leading suppliers of high-performance plastics. The materials are used primarily in the automotive, electrical and electronics industries. Electromobility in particular is...

Covestro recorded a strong third quarter of 2021, which saw a continuation of the high earnings momentum from the first half of the year. Since demand remained strong, high selling prices meant that sales increased by 55.9 percent to around 4.3 billion euros (previous year: around 2.8 billion euros). The core volumes...

A series of actions advancing its strategy as a premier multi-industrial company focused on market-leading high-growth, high-margin businesses with complementary technology and financial characteristics have been announced by DuPont. DuPont has entered into a definitive agreement to acquire Rogers Corporation for...

The strong business development of Basf continued in the third quarter of 2021. Demand for Basf’s products remained solid over the summer months. “This enabled us to continue to grow profitably,” said Basf’s Chairman of the Board of Executive Directors, Martin Brudermüller, who presented the results of the third quarter...

The European association of plastics manufacturers, Plastics Europe, unveiled a new visual identity and website with sustainability at its core. This reflects the fundamental changes taking place within both the industry and Plastics Europe. Plastic is a key material in enabling innovation and...

A joint venture between the Kineco Group and Exel Composites creates a new composites design, engineering, and production company focused on serving the Indian market with pultruded composite solutions. The joint venture brings together two well-known names in the composites industries, creating a new company called Kineco Exel Composites India...

With the foundation of BMB Germany, in Bonn, BMB wants to expand its success on the German market and further develop direct support and service through its location in Bonn. 

Following the acquisition by Domo Chemicals of Performance Polyamides Business (Polytechnyl) in Europe - including the well-known Technyl brand - all current Domamid, Econamid and Thermec branded engineered materials solutions will be merged under one Technyl umbrella worldwide. The move, which goes live...

The global packaging solutions and recycling specialist, the Alpla Group, is acquiring BTB PET-Recycling based in Bad Salzuflen (Germany). The company turns PET bottles into recycled material which is then predominantly used for the production of new beverage bottles. Its bottle-to-bottle packaging cycle is a closed loop...

The starting signal was given on September 1, 2021: a total of 77 new trainees and students from the Baden-Württemberg Cooperative State University (DHBW) started their training at Arburg. This proud number underlines the high value that the well-founded and triple-certified training has for the Lossburg mechanical engineering company...

All activities of the former KraussMaffei High Performance will be transferred by KraussMaffei Group into an independent unit effective October 1, 2021. This will operate under the traditional name Netstal. Renzo Davatz will head Netstal as CEO and in this function will report directly to the KraussMaffei Group‘s CEO, Michael Ruf...

On October 15, 2021, WM Thermoforming Machines will be back with SYNERGIZING TECHNOLOGIES - Fall Edition, the second appointment in 2021 with the series of livestream events aimed at bringing the company closer to professionals from the world of packaging and thermoforming...

Effective July 1, 2021 Paul Walach has become Managing Director of Reifenhäuser Cast Sheet Coating together with Karsten Kratz. With this move, the Reifenhäuser Group business unit specializing in cast film, sheet and extrusion coating lines introduces a generation change at executive management level. Bernd Reifenhäuser...

The structure of Hermann Ultraschall services has been optimized under the umbrella term “Herrmann Engineering”. Every single step, from the initial contact with the customer to delivery and start-up of the complete system, is secondary to achieving the best weld results. The ultrasonic specialists can provide a unique combination of services...

The Icis CEO of the Year Award will be presented to Martin Brudermüller, Chief Executive Officer of Basf, for outstanding achievement as voted on and recognised by his peers in the ICIS Top 40 Power Players. This prestigious global chemicals industry award will be presented to Brudermüller at the Icis Power Players Awards virtual event on...

The pan-European full-range supplier of servo-hydraulic and all-electric injection moulding machines, Ferromatik Milacron, announced the appointment of Peter Kochs as Director Sales and Business Development. Peter Kochs, 54 years old, previously held a senior position at Windsor for 12 years...

A leading global autonomous mobile robot (AMR) manufacturer with a broad portfolio across all major applications enabled by the company’s software suite, Asti Mobile Robotics Group will be acquired by ABB. This will expand ABB’s robotics and automation offering, making it the only company to offer a complete portfolio for...