News for the plastics and rubber industry. Macplas

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Repsol to expand its industrial complex in Sines

Two polymer materials plants will be built by Repsol at its Sines Industrial Complex (Portugal), representing the largest industrial investment in Portugal in the last ten years, at 657 million euros. The new materials produced are 100% recyclable, like the rest of Repsol's polyolefins, and can be used for highly specialized applications aligned with...

Reifenhäuser consolidates its construction competencies in blown film lines

With effect from July 1, the Reifenhäuser Group is merging its blown-film business units Reifenhäuser Blown Film and Reifenhäuser Blown Film Polyrema, which have so far operated independently, in order to cope with ongoing growth in this sector. This move consolidates the Group’s competencies even more than...

Covestro creates the foundation for sustainable growth with its new group structure

Covestro has restructured its organization effective July 1, 2021, and successfully reorganized its previously three segments - Polyurethanes, Polycarbonates, and Coatings, Adhesives, Specialties - into seven new, tailored business entities. The company has thus achieved a first milestone in implementing its new “Sustainable Future” strategy...

RadiciGroup reports good financial year 2020 results despite the pandemic

The Italian multinational founded and headquartered in Bergamo and leading producer of chemicals, engineering polymers, synthetic fibres and nonwovens, with 3,000 employees in 15 countries worldwide, RadiciGroup, closed its 2020 financial year with consolidated sales revenue of 1,019 million euros, curbing the decrease compared to...

A digital platform for Econyl regenerated PA

After establishing its solid position in the B2B world, Aquafil is pivoting to reach consumers too, by launching an Econyl e-shop allowing conscious shoppers access to products made from Econyl regenerated PA in one place for the first time. The platform will champion a range of global brands who create their products using...

Benvic purchases Celanese compounding operations at the Ferrara Marconi plant

The European leader in the production of highly innovative PVC based thermoplastic solutions and biopolymers, Benvic, has announced the acquisition of the Ferrara Marconi compounding operations and related assets owned by Celanese, a leading global chemical and specialty materials company...

Schur Flexibles acquires Termoplast and aims to expand into the Italian market

The Austrian company Schur Flexibles expands recyclable packaging innovations by acquiring Termoplast Italian company, specialising in recyclable films and one of the pioneers of sustainable film production in Europe. Termoplast 100% recyclable MDO-PE films offer excellent processing qualities for all...

Engel founds new sales unit for digital products

The establishment of a digital solutions sales team sees the Engel Group bundle all sales activities for digital products and solutions from the inject 4.0 programme. Customers now have a central contact for all topics relating to the digitalisation of injection moulding production...

Vattenfall to sell 49.5% of the offshore wind farm Hollandse Kust Zuid to Basf

According to a contract signed by Basf and Vattenfal, the 49.5% of Vattenfall’s wind farm Hollandse Kust Zuid (HKZ) will be purchased by Basf. The purchase price amounts to 0.3 billion euros and takes into account the achieved status of the project. Including Basf’s contribution to fund the wind farm construction, Basf’s total commitment amounts to...

Celanese acquires POM technology and sales agreements from Grupa Azoty

The global chemical and specialty materials company, Celanese, announced that it has acquired certain technology relating to the production of polyacetal (POM) products from Grupa Azoty of Tarnow, Poland, after its decision to discontinue its POM manufacturing. Celanese will take over all existing Tarnoform contracts in order to...

Rapid recovery for German manufacturers after the challenges of the coronavirus pandemic

German manufacturers of plastics and rubber machinery can look back positively on 2020: a year marked by the coronavirus, and despite the exceptional overall situation. "After a difficult start, which was characterised by major challenges including a lockdown, incoming orders showed a rapid increase from the summer onwards", Ulrich Reifenhäuser...

Azelis and Röhm expand partnership across EMEA

Leading innovation service provider in the specialty chemicals and food ingredients industry, Azelis announced a new agreement with Röhm, global leading supplier of methacrylate chemicals. Building upon a partnership over the last ten years, this expansion awards Azelis more territories for the...

Engel e-symposium 2021 - Sustainability and digitalisation drive growth

On June 21, shortly before the start of the live e-symposium 2021, Engel gave an optimistic outlook for the current fiscal year at its online press conference. “Our order books are as full as they last were in 2018”, reports CEO Stefan Engleder. The change came about in November 2020. Even demand from the automotive industry picked up again after two very difficult years...

Acquisition of INglass successfully closed

The acquisition of the Italian company INglass and its innovative hot runner systems technology operating under its market-leading HRSflow business by Oerlikon has been successfully closed. The acquisition accelerates Oerlikon’s strategy in diversifying its manmade fibres business...

Clariant completes its divestments by reaching agreement to sell its pigments business

Clariant has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group and SK Capital Partners at an Enterprise Value of 805 million to 855 million Swiss francs on a cash and debt free basis, depending on an earn-out payment of 50 million Swiss francs contingent on the 2021...

OMV appoints Alfred Stern as new CEO

In its meeting today, the Supervisory Board of OMV Aktiengesellschaft appointed Alfred Stern as the new Chairman of the Executive Board and CEO of OMV. He will assume the position with effect from September 1, 2021 for a three-year period with an extension option for further two years subject to mutual consent. Alfred Stern is currently...

Carmelo Lo Faro appointed president of Solvay materials segment

Solvay announced today that Carmelo Lo Faro, previously president of Solvay's composite materials business unit, is promoted to a new role as president of Solvay's materials segment, effective immediately. The materials segment includes both the specialty polymers and composite materials businesses and has been identified as the primary...

Nexeo Plastics acquires Italian Nevicolor

Leading global thermoplastics resin distributor and an affiliate of GPD Companies, Nexeo Plastics announced that it has acquired Nevicolor, a leading Italian distributor and compounder of thermoplastics. Terms of the transaction were not disclosed. A family-founded business based in Luzzara (Reggio Emilia, Italy) with broad geographic...

EPPA welcomes new Board, President and Vice President

At this year's General Assembly Meeting, the European Trade Association of PVC Window System Suppliers EPPA welcomed four new Board members and a new treasurer. Patrick Seitz was elected as new President and Carsten Heuer as Vice President. EPPA held its General Assembly in Mannheim, Germany. The event was...