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...
At K 2022 Arburg is pursuing a clearly worded line of communication: "There is only a Plan A". "Plan A" conveys a commitment to making a contribution and presenting solutions for the important global issues of sustainability, the circular economy and CO2 reduction. With "Plan A", the Lossburg-based company is confirming...
In the fiscal year 2021, the Wittmann Group realized 376 million euros in sales, the third highest figure in its corporate history. The order intake figure even reached an all-time high. In spite of the supply chain problems preventing an even higher sales figure, the Wittmann Group is looking ahead with optimism. This optimism is also...
Starting July 1, 2022, Lizette Ruiz Guevara has been made responsible for global corporate communications and marketing at KraussMaffei. She reports to KraussMaffei Group CEO, Michael Ruf, and succeeds Marion Sommerwerck, who left KraussMaffei of her own volition in February 2022...
The founder of Toolplace, Christian Götze, earned his degree in mechanical engineering and business administration and then gained ten years of experience in product development and sales at GKTool, a Swiss high-tech toolmaker. Today, the 36-year-old wants to put his experience to good use...
European Bioplastics (EUBP), the association representing the interests of the bioplastics industry in Europe, has elected a new board. The EUBP leadership team will be headed by its new Chairperson, Stefan Barot (Biotec) and supported by the new Vice Chairpersons, Lars Börger (Neste) and Mariagiovanna Vetere (NatureWorks)...
Solvay has received a “Supplier of the Year” award from The Boeing Company. Solvay was selected alongside nine other companies for distinguished performance in working with Boeing. The supply chain visibility category recognized Solvay’s support of Boeing’s digital thread strategy by enabling real-time visibility across the supply chain...
Engel comes into business year 2022-2023 in good spirits, optimistic yet mindful of the prevailing conditions. Energy efficiency, digitalisation and the establishment of a circular economy are shaping the development priorities. The high level of innovative capacity is a key part of what makes the Engel Group so resilient...
The global purpose-led science-based company, DSM, announced that it has reached an agreement to sell its Engineering Materials business to Advent International and Lanxess for an enterprise value of 3.85 billion euros. The proposed transaction marks the conclusion of DSM’s review of strategic options for...
Plastics Europe announced the appointment of Marco ten Bruggencate, Commercial Vice President for Packaging and Specialty Plastics Emea at Dow, as its President. He succeeds Markus Steilemann, CEO of Covestro. In this new role, Marco ten Bruggencate will continue to drive Plastics Europe’s and...
Order intake in the German plastics and rubber machinery industry in the first quarter of 2022 fell significantly compared to the same period last year (-27%). In the same period, turnover grew by only 3% compared to the previous-year period. On the one hand, this was down to a base effect, as the first quarter of last year was...
Maag Group has acquired the French tool manufacturer AMN DPI. Maag is thus consistently continuing its path as an integrated supplier for systems in the plastics industry from extruder tip. Founded in 1979 and based in Normandy, AMN, a developer and manufacturer of polymer...
LyondellBasell has made the decision to cease operations at its two office locations in Russia. As a result, the offices in Moscow and Togliatti have begun winding down operations. The offices were primarily involved in selling polymers from its O&P and APS businesses. Both offices employ a combined 18 employees...
The recently established US subsidiary of Netstal Maschinen, Netstal Inc., moved into its new headquarter. Based in Hebron, Kentucky (United States), the team led by new president Doug Haberman will provide comprehensive support to customers from the US and Canada, and continue to expand North American business...
The first quarter of 2022 was characterized by significantly higher energy and raw materials prices as well as supply chain disruptions. “Nevertheless, we had a very good start to the year 2022,” said Martin Brudermüller, Chairman of the Board of Executive Directors of Basf, at the company’s virtual Annual Shareholders’ Meeting this year...
The European association of plastics manufacturers, Plastics Europe launched the second edition of the “Circular Economy for Plastics - A European Overview”, a detailed report of plastics flows related to production, conversion, consumption, waste management, recycling, and use of recycled plastics in Europe in 2020...
The Plastics Industry Association (Plastics) Board of Directors voted to appoint Matt Seaholm to the position of Chief Executive Officer and Glenn Anderson to the position of Chief Operating Officer. “We are incredibly excited to elevate both of these gentlemen to lead this organization into
The Management Board of IMCD has decided to discontinue business in Russia and close its offices in Saint Petersburg and Moscow. This follows IMCD’s decision of early March to suspend import and export operations in Russia and scale down the local business due to increasing international sanctions...
Shareholders approved all the resolutions proposed by the Board of Management and Supervisory Board by the required majority at Covestro Annual General Meeting on April 21, 2022. The actions of Covestro’s Board of Management and Supervisory Board were ratified. As in the past two years, the Annual General Meeting was...
