Marketing

As expected, Covestro made a moderate start to the 2025 fiscal year. Sales in the first quarter remained at the previous year’s level (3.51 billion euros) and amounted to 3.48 billion euros. This was 0.9% below the previous year’s figure. As expected, Ebitda fell by around 50% compared to the previous year. However...

“In the first quarter of 2025, Basf held its position in an increasingly challenging environment. Ebitda before special items was at about the level of the prior-year quarter and was in line with average analyst estimates,” said Basf’s Chief Financial Officer Dirk Elvermann at the presentation of...

The Piovan Group created Piovan Food & Powders, an important strategic evolution that rationalizes and unifies under a single brand the activities previously carried out by Piovan Penta and Fea in the sector of solutions for the food industry and industrial powder handling. Starting from...

Specialised in the construction of extrusion lines and dies, Tecno System has launched a collaboration with SGInPlast Soluciones Globales para la industria del plástico, chosen as the commercial representative for the distribution of its products in the Costa Rican, Caribbean, and Colombian markets...

Nordson BKG, part of Nordson Corporation’s Polymer Processing Systems (PPS) division, and a global leader in melt delivery, and pelletizing solutions, and Fimic, a leading provider of innovative melt filtration technology, announced a deepened strategic partnership, building on...

IPL, a manufacturer of rigid-plastic products, announced it is merging with Schoeller Allibert, a manufacturer of reusable transport packaging. The proposed merger creates an international sustainable packaging producer with a manufacturing footprint in 27 locations across Europe, the United Kingdom and...

After many years of dedicated service, Günther Pöll stepped down from the Supervisory Board of Erema Group at the end of April 2025 to begin his well-earned retirement. Effective 1 May 2025, Thomas Gangl was appointed as a new member of the Supervisory Board of Erema Group. The...

Based in Occhiobello (Rovigo, Italy), Baracco has appointed Alejandro Gaeta as its new Sales Director. A seasoned professional with extensive experience in the plastics processing industry, the new Sales Director is expected to make a significant contribution to the company's growth...

In the first quarter of 2025, LyondellBasell reported a net profit of 177 million dollars and an Ebitda of 655 million dollars. In North America, integrated polyethylene profitability was pressured by lower volumes and margins associated with planned and unplanned maintenance at LyondellBasell...

Songwon completed its planned CFO succession, effective on 1 April 2025. Hans-Peter Wüest, with Songwon for 19 years and CFO of Songwon Industrial Group for 14 years, has been a key contributor to Songwon’s growth and global expansion. He stepped down from his role as CFO on...

Using expertise to get the most out of sensor technology: the Kistler Academy, an ISO-certified training institution, organizes courses for users from the injection moulding industry for plastics. Kistler experts provide the knowledge required for optimum sensor use, efficient process design, monitoring and...

On 10 April, Omso North America, the US headquarters of Omso, celebrated its 20th anniversary in the USA, where it is today the benchmark for direct decoration on plastic (together with glass and aluminium) in North America. Established in 2005 in Erlanger, Kentucky, the US office was set up to provide full local...

The General Assembly of Eumeps, the association representing the entire value chain of expanded polystyrene (EPS) in Europe, has elected a new Board of Directors for the 2025–2027 term. The newly appointed President is Agata Gładysz-Stańczyk (Synthos) – the first woman to hold this position...

To mark the fiftieth anniversary of Linglong Tire, one of the world’s leading tyre manufacturers, the “Driving Collaborative Growth with Linglong Tire” event was held, an internationally significant gathering that saw the participation of all the main machinery suppliers in the tyre industry. During...

2024 was a difficult year for the Basf Group in Italy, but it still saw an increase in Ebitda of approximately 24 million over the previous year despite the decline in sales, which stood at 2.120 billion euros, with a -8.2% compared to 2023. The company's results were influenced by...

ExxonMobil announced Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation, will retire effective 1 May 2025. The Board of Directors has appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation...

“For us, it is way past 12 o’clock.” This was the stark warning from Ilham Kadri, President of Cefic, at the recent high-level strategic dialogue on the Chemical Industry Package led by Executive Vice President of the European Commission Stéphane Séjourné and Commissioner Jessika Roswall. Addressing...

Specialty chemicals company Lanxess has completed the sale of its Urethane Systems business to Japanese UBE Corporation on 1 April 2025. The transaction had been announced in early October 2024. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange...

Bain Capital, a private investment firm, completed the majority investment in Milacron and will partner with Milacron’s current owner, Hillenbrand, which will remain a significant investor in the business to ensure the company’s continued growth. Milacron has built a legacy over the past nearly...

The Austrian specialist in plastics recycling systems and components, Erema, has appointed a long-time employee as Global Sales Director: Christoph Wöss, previously Business Development Manager for the Bottle division, will take over the newly created position within the Erema management team on...