News for the plastics and rubber industry. Macplas

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LyondellBasell appoints a new CEO

The Board of Directors of LyondellBasell has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Vanacker succeeds Bhavesh V. Patel, who will retire from the company on December 31, 2021, as previously announced...

Change of leadership at Rehau

The Supervisory Board of the Rehau Group has appointed Uwe Böhlke as CEO of the newly formed Rehau Industries, which forms the umbrella for the divisions Building Solutions, Furniture Solutions, Industrial Solutions and Window Solutions as well as the cross-divisional services units. He will take over...

Safety first: Arburg postpones the Technology Days 2022

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...

Pioneer in ultrasonic welding for sixty years

"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...

High Performance Materials business unit of Lanxess becomes independent

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...

Davis-Standard will change ownership by the end of 2021

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...

Covestro earnings grow in the third quarter of 2021

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...

Basf with continued strong performance in the third quarter of 2021

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...

DuPont: strategic actions to enhance portfolio for near and long-term value creation

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...

Joint venture for the Indian composite pultrusion market

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...

Sustainability at the core of Plastics Europe's new image

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...

All Domo products grouped under the Technyl brand

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...

Alpla acquires German PET recycler

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...

Arburg welcomes 77 new apprentices and university students

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...

KraussMaffei High Performance becomes Netstal again

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...

Five “pillars” for an ever more efficient welding

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...

Paul Walach becomes managing director of Reifenhäuser Cast Sheet Coating

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...

ABB to acquire Asti Mobile Robotics to drive next generation of flexible automation with AMRs

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...

New head of sales and business development for Ferromatik Milacron in Europe

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...