News for the plastics and rubber industry. Macplas

Marketing

Moretto at K 2022, a success beyond all expectations

To Moretto, a leading company in the production of automated systems for the plastics processing industry, the K 2022 was a successful fair both in terms of visitors number and the great amount of high quality requests received. An event in which Moretto's “green soul” found expression in the development of innovative technologies that...

Change of CEO at the KraussMaffei Group as of January 1, 2023

At its November 29 meeting, the KraussMaffei Group Supervisory Board acknowledged with approval CEO Michael Ruf's personal request not to extend his contract, which expires at the end of March 2023, and named Li Yong as his successor. Since 2018, KraussMaffei Group has been part of KraussMaffei Company Limited, a...

Also SBDry joins the Syncro Group

The "Zero Waste Myssion" strategy of Syncro continues with the entry of SBDry into the group, which thus enriches its family of "Planet Approved" products, technologies aimed at eliminating post-consumer and post-industrial waste. SBDry has over thirty years of experience and as a group have developed multiple and innovative technologies in...

New leadership appointments in Songwon

Songwon Industrial announced today that it has appointed Hans Werhonig as Leader Group Commercial and a member of Songwon’s Executive Committee from 1 December 2022. Reporting directly to the Group CEO, Werhonig will spearhead Songwon’s strategy and be responsible for the...

Piovan revenues grow in the first nine months of 2022

The board of directors of Piovan approved the consolidated financial report as of September 30, 2022: revenues reach 381.7 million euros, up 81% compared to 2021. On a like-for-like basis, excluding the revenues realized by the US group acquired at the beginning of the year and consolidated since...

The European supply chain squares against the packaging regulation

The packaging value chain expresses serious concerns about the European Commission suggested approach on the packaging and packaging waste regulation review, to be presented on 30 November. Over 60 associations from the packaging value chain have issued a joint industry statement to express...

Comerio Ercole acquired stake in Saspol

Based on its industrial partnership with Comerc International, the Comerio Ercole group has enlarged the presence into rubber production field becoming shareholder of the Italian company Sasmac International, the brand owner of well-known Saspol technology. Saspol was established in 1961 as a manufacturer of...

Investindustrial creates Arterex, a global medical device manufacturer

An independently managed investment subsidiary of Investindustrial Growth III SCSp has signed multiple agreements to create Arterex - a global provider of diversified manufacturing solutions to the medical device, healthcare and life-sciences industries - through the acquisitions of Formula Plastics, Kabo, Luc & Bel and ModenPlast in...

The European plastics industry accelerates towards circularity and neutrality

Plastics Europe announces an increase of 20% in the use of recycled plastics in new products in 2021 compared to 2020, according to its “Plastics - The Facts 2022” annual report, presented at the K 2022 Show. Consequently, the rate of recycled content in plastics products has reached almost 10%. This step ahead demonstrates...

EuPC reorganizes itself and appoints a new general manager

As part of the PolyVision Project launched in June 2022, EuPC starts to reorganize its structure in order to prepare the association for the future. EuPC will continue to support and represent the European plastics converting industry in this transition towards a full plastics circular economy. According to EuPC President Benoît Hennaut...

PCG completes acquisition of Perstorp

Perstorp announced that it has been acquired by Petronas Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of Petronas Group, on 11 October 2022. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt, a company under PAI Partners, a European...

Bandera US strengthens the sales

New entry in Bandera US, where Germano Ferrarini has been appointed new Sales Area Manager. He will work with Jim Dalton in the North American sales team of the Italian company, bringing the experience gained in both technical and commercial positions in the plastics industry...

Claudia Persico is the innovative entrepreneur of the year

The CEO and Rotational Director of Persico Group, Claudia Persico, won the 2022 edition of the GammaDonna Award, which since 2004 recognizes innovative female entrepreneurship. Confirming what was indicated in the Fifth Unioncamere Report on female entrepreneurship, according to which...

European manufacturers well positioned and highly motivated for K 2022 despite crisis

The expected production value for plastics and rubber machinery in Europe in 2022 will be - as in 2021 - around 15 billion euros. Looking at the trend of the last twelve years, however, a steady growth in production can be observed. This is also reflected in the development of the global demand for plastics. For the period...

Plastics and rubber processing machinery towards K at full speed

A growing order book characterizes the Italian plastics and rubber processing machinery manufacturing industry: the first half of the year closed with an increase of 10% compared to the same period in 2021, and forecasts for the third quarter are still positive, above all thanks to sales and orders from abroad...

Inauguration of the new Plantech-CST headquarters in Cavezzo

In recent days, the new production site of Plantech-CST, a company of the Syncro Group, was inaugurated in Cavezzo (Modena). This investment has been planned to support the continuous development of cutting-edge technologies and the company’s entry into new markets. Besides the company’s top management, the inauguration...

High energy costs badly affect plastics converters in Europe

Several European plastics converters are at risk due to the high energy prices. EuPC, the European association representing processing companies, has sounded the alarm at the continental level. Converters like many other energy-intensive industries, are shocked by the dramatic...

RadiciGroup concludes the acquisition of Ester Industries engineering plastics

RadiciGroup High Performance Polymers completed the acquisition of the engineering plastics business of the Indian company Ester Industries. Last May, RadiciGroup announced this important action aimed at strengthening its internationalization strategy, with an investment of around 35 million euros...

Positive first half year for Piovan Group

The board of directors of Piovan approved the consolidated half-year financial report as at 30 June 2022: revenues reached 238.1 million euros, up 63.1% compared to 2021 (+ 5.5% on an organic basis and excluding one-off items) while the Ebitda amounted to 27.3 million euros (11.5% of revenues)...