• 13 March 2023

    Gefran revenues grew by 13.3% in 2022

    The Gefran Board of Directors, chaired by Maria Chiara Franceschetti, met in the company’s offices in Provaglio d’Iseo (Brescia, Italy) and approved the company’s draft Financial Statement, Consolidated Financial Statement and Non-Financial Consolidated Statement at 31 December 2022.
  • 13 March 2023

    A two-face 2022 for Wittmann Group

    For the Wittmann Group, the fiscal year 2022 was characterized on the one hand by a high order intake, which was well above average especially during the first half of the year. On the other hand, the tight situation regarding the supply of purchased parts, in particular electronic components, prevented the realization of an increase in sales over…
  • 28 February 2023

    New co-CEO at the helm of the online Gindumac platform

    Daniel Kaiser, former Managing Director of DMG Mori, and Benedikt Ruf (on the left in the picture), Co-Founder, form the top management of the Gindumac Group as Co-CEOs and Managing Partners. In recent years, Gindumac has established itself as the leading online platform for used machinery in metal working, sheet metal and plastics processing.
  • 22 February 2023

    For a century, substance has come before style for Arburg

    In February 2023, Arburg celebrated the first three events marking "100 years of the Hehl family company". Regional guests, German and international customers and other associates closely involved in Arburg's success story were invited to the event in Lossburg. Celebrations that will also continue at the Anniversary Days...
  • 17 February 2023

    Giovanni Rivi, founder of Rivi Magnetics, passed away

    Giovanni Rivi, founder of Rivi Magnetics, passed away on 14 February. In 1968 he created the company that bears his name, first operating in the ceramic sector and later, with the entry of the second generation and the expansion of its skills and capabilities, also in other industries, such as plastics, rubber, and sheet metal forming...
  • 16 February 2023

    Biesterfeld will have a new CEO

    With effect from 1 April 2023, the supervisory board of Biesterfeld has appointed Stephan Glander as CEO of the Biesterfeld Group, a leading international distributor of plastics, rubber and specialty chemicals. Glander takes over from Thomas Arnold, who is...
  • 15 February 2023

    Preliminary consolidated results of Gefran as on 31 December 2022

    The Gefran Board of Directors met in a session chaired by Maria Chiara Franceschetti in the company offices in Provaglio d’Iseo (Brescia, Italy) to examine the company preliminary results as of 31 December 2022. Revenues amounted to 134.4 million euros, an increase of 15.8 million euros (+13.3%) over 2021 revenues of 118.6 million euros...
  • 14 February 2023

    Victrex with Hromatka also in Benelux, Greece and Austria

    With the beginning of 2023 the Hromatka Group has taken over the distribution for Victrex in the Benelux countries, as well as in Austria and Greece. With this move, the group not only expands its transnational network, but also brings Victrex, a world leader in PEEK polymer solutions, into its portfolio in the Alpine Republic...
  • 08 February 2023

    Solvay will divest its stake in Rusvinyl

    Solvay confirms it is in advanced negotiations to divest its stake in Rusvinyl, an independent 50/50 joint venture in Russia, to its joint venture partner, Sibur. In addition to the recently obtained preliminary clearance from Russian governmental authorities, the potential...
  • 26 January 2023

    EuCIA welcomes Epoxy Europe as a new member

    The European Composites Industry Association (EuCIA) is pleased to announce that Epoxy Europe, a sector group of Cefic representing European epoxy resin manufacturers, joined the association on 23 January. With the addition of this industry sector group, EuCIA builds a closer collaboration with...
  • 26 January 2023

    Binova introduces the new operational headquarters

    In order to satisfy at the best the growing market demand, Binova, manufacturer of plants for the recycling and the production of compounds with corotating twin-screw extruders operating in Italy and in Europe, has invested in a new operational headquarters of approximately 2,000 square meters in the industrial area of...
  • 25 January 2023

    Tria switches to short week

    As of January 2023, Tria introduces the short work week. For all employees of the company in Cologno Monzese (Milan) the working hours have been reduced from 40 to 36 hours per week without bringing down salaries.  Tria’s decision goes back to the lockdown in spring 2020, when the company introduced...
  • 25 January 2023

    Pegaso Industries turnover exceeds 100 million euros

    Founded in 2019 as a holding company for the coordinated management of Plastic Systems, Pet Solutions, Steel Systems, Blauwer, Ergomec and their respective international subsidiaries, Pegaso Industries recorded an aggregate turnover of over 100 million euros in 2022 and substantial orders on the book for 2023. Through...
  • 19 January 2023

    Basf plastic additives business unit has a new global head

    Basf has appointed Achim Sties to lead the global plastic additives business unit effective January 1, 2023. The headquarters of this business will be in Singapore. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. He began his career with Basf in Ludwigshafen, Germany, in 2005 and...
  • 18 January 2023

    Solvay to relocate to new headquarters in Brussels

    Solvay announced the relocation of its headquarters from Neder-over-Heembeek to new facilities in Brussels, specifically designed and equipped to host the group’s research, innovation and administration activities. Located in the Brussels municipality of Haren, Solvay’s future headquarter site is equipped with...
  • 18 January 2023

    Changeover at the helm of the Netstal global services

    Remo Heusi is appointed as the new Vice President Global Service to lead and further develop the strategically important global service business of the Netstal Group. As a member of the Executive Board of Netstal Maschinen AG, he will report directly to Renzo Davatz, CEO of Netstal and...
  • 18 January 2023

    Ceba Elettromeccanica joins the Union Group

    The majority stake of Ceba Elettromeccanica, a company based in Magnago (Milan) specialising in the development and production of industrial automation, was sold to Union. Through this operation, the company from San Vittore Olona (Milan) further expands its assets, gaining additional skills that will make it possible to...