2:26 min Markets and Management, Facts & Figures
Facts & Figures

Krones publishes preliminary figures for 2020

Krones’ consolidated revenue fell in 2020 as a result of the Covid-19 pandemic by 16.1% to €3.32 billion.  Order intake was also significantly affected by corona and, at €3.31 billion, was 19.0% lower than in 2019. However, the fourth quarter showed first positive signs ...
1:41 min Markets and Management, Management
drinktec

drinktec postponed until September 2022

New dates: September 12 to 16, 2022 Industry representatives and Messe München ...
0:40 min Markets and Management, Management
Appointment

Kiefel Packaging Division under new management

The Packaging division of KIEFEL GmbH, a market leader for thermoforming and joining technology, is under new management. Andreas Staudinger succeeds Erwin Wabnig, who has now retired after shaping the division for decades.
0:53 min Markets and Management, Management
Management

Gerresheimer AG extends CEO Dietmar Siemssen’s contract by five years

At its meeting yesterday, the Supervisory Board of Gerresheimer AG extended the contract with CEO Dietmar Siemssen (57) to the end of October 2026. Dietmar Siemssen has been CEO of Gerresheimer AG since November 2018.
2:23 min Markets and Management, Facts & Figures
Funding

Esterpet is tackling single use plastics thanks to £9m funding from Shawbrook Bank

The management team of Esterform Packaging Ltd is behind Esterpet Ltd which was created to satisfy growing demand for recycled Polyethylene Terephthalate (PET) Esterpet has purchased two Starlinger recoSTAR PET production lines to produce more than 13,000 tonnes of recycled PET ...
1:70 min Markets and Management, Management
Sale

Nestlé continues strategic transformation of water business, agrees on sale of Nestlé Waters North America brands

Nestlé S.A.announced that it has reached an agreement to sell its regional spring water brands, purified water business and beverage delivery service in the U.S. and Canada to One Rock Capital Partners in partnership with Metropoulos & Co. for USD 4.3 billion. ...
4:00 min Markets and Management, Facts & Figures
Review

Bühler has proved reliability and robustness in 2020

In 2020, Bühler proved to be a reliable partner to all its stakeholders and showed robust business performance in 2020. Protection of the health of employees, securing supply chains for customers, and keeping the innovation rate high were the top priorities. Despite adverse ...
0:59 min Markets and Management, Management
Appointment

Nordson appoints Jesus Crespo as Vice President leading Polymer Processing Systems

Executive Vice President John J. Keane, who has headed the PPS business, is retiring - Jesus Crespo has joined Nordson Corporation as vice president leading the Polymer Processing Systems (PPS) division.
0:41 min Markets and Management, Management
Acquisition

Avantium acquires the right to use Eastman’s FDCA-related patent portfolio

Avantium N.V., a leading technology company in renewable chemistry, announces that its subsidiary, Avantium Renewable Polymers, has signed a patent licence agreement with Eastman Chemical Company for the right to operate under Eastman’s FDCA-related patent portfolio.
1:70 min Markets and Management, Facts & Figures
Agreement

SINOPEC Yizheng selects INVISTA P8++ PTA Technology

INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and China Petrochemical International Co., Ltd. (“Sinopec Yizheng”) have reached an agreement for licensing of INVISTA’s industry leading PTA P8++ technology for Sinopec Yizheng’s third PTA line. This ...