1:33 min Management
Transfer

Planned transaction: KraussMaffei Group to receive equity from Sinochem

Sinochem takes the next step in its planned debt-to-equity conversion. CNCE Lux, the parent company of the KraussMaffei Group, is to be transferred to CNCE Group (Hong Kong) Co., Limited, which is a company of Sinochem and will hold 90,76 percent of the shares. As a result, the ...
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1:50 min Management, Injection moulding systems
Expansion

New office and production building in Gdansk: TMA AUTOMATION Sp. z o.o., a subsidiary of the ENGEL Group, has begun construction of a modern office and production building in Gdansk, Poland.

The ENGEL Group subsidiary, TMA AUTOMATION Sp. z o.o., has begun construction of a ...
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0:33 min Management, Asia Pacific
Expansion

SMI strengthens its presence in Türkiye

SMI has opened a new branch in Istanbul, in Türkiye, thus consolidating its own presence in a constantly growing market. More precisely, the offices of the new branch are based in the Asian part of the city, in the district of Maltepe, only minutes from the airport.
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2:21 min Management, Europe
Financing

Loop Industries completes convertible preferred financing with Reed Societe Generale Group and sells first technology license for an Infinite Loop manufacturing facility in Europe

Loop Industries has secured €10 million through a convertible preferred security financing with Reed Societe Generale Group, a European investment firm majority-owned by the bank Societe Generale. Additionally, as part of the Reed Societe Generale Group transaction, Loop has ...
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0:21 min Management
Renewal

Restart of Ioniqa in a world demanding sustainable plastic solution

“Today we announce that Ioniqa is making a restart,” says founder Tonnis Hooghoudt.
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1:00 min Management, America
Acquisition

TricorBraun to acquire Veritiv's Rigid Containers Business, further expanding its North American footprint

TricorBraun announced that it has entered into an agreement to acquire Veritiv Containers, previously known as All American Containers.
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2:44 min Management, America
Expansion

Sesotec expands in the U.S.: Polymers Center offers ideal launchpad for international companies

The Polymers Center in Charlotte, North Carolina, now provides an exceptional opportunity for international companies in the plastics industry to showcase and test their technologies and products in the U.S. market. Through a specially designed "Nesting" program, foreign ...
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1:23 min Management, India
Collaboration

ENGEL Group strengthens Indian market presence through strategic partnership with Electronica Plastic Machines

The ENGEL Group has entered a strategic partnership with Electronica Plastic ...
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0:52 min Management, Sustainability & Circular Economy
Collaboration

crPET & PEF: Amcor and Kolon Industries partner to pioneer more sustainable polyester materials for packaging

Amcor has signed a strategic collaboration agreement with Kolon Industries, a leading South Korean chemical materials manufacturer, to co-develop and commercialize more sustainable polyester materials for selected applications in Amcor's flexible packaging business. This partnership ...
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1:10 min Management
Acquisition

Berlin Packaging plans to expand its capabilities in Germany by combining with Rixius AG

Berlin Packaging announced on November 20th that it has entered into a definitive agreement to acquire Rixius AG, a German-based supplier specialized in rigid packaging for the chemical, pharmaceutical, cosmetics, and Food & Beverage across the DACH and Benelux regions.
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