1:50 min Markets and Management, Facts & Figures
Rise

Sumitomo (SHI) Demag reports machine order increase during corona crisis

Compared with the first half of 2019, injection moulding machine manufacturer Sumitomo (SHI) Demag is ending the first half of 2020 with a healthy order book. During the first six months, the value of incoming orders for machines produced in Germany rose by almost 25 percent.
3:21 min Markets and Management, Management
Report

Avantium First Half 2020 Results: “Focus on scaling plants-to-plastics technologies”

Avantium N.V. (Euronext Amsterdam and Brussels: AVTX), a leading innovative chemical technology company dedicated to developing and commercialising proprietary technologies for the production of chemicals from renewable sources, today reports its 2020 half year results.
0:31 min Management, Africa, Colorants
Change

New distributor for Holland Colours in South Africa

Holland Colours, an independent Dutch manufacturer of colorants and additives for the plastics market, has announced in a recent press release that the company has switched South African distributors from Banbury to Tawazon.
3:32 min Markets and Management, Management
Expansion

ProMach strengthens liquid filling solutions capabilities with acquisition of Fogg Filler

ProMach announced that it has acquired Fogg Filler Company, a market leader in the design and manufacture of rotary filling systems for the liquids industry. The addition of Fogg continues ProMach’s growth into more advanced filling capabilities, bringing a strong expertise in ...
1:80 min Markets and Management, Management
Investment

Altium Packaging expands brand and capabilities in PET assets and the healthcare industry

Altium Packaging is excited to announce it has entered the next phase of a $10 million investment in PET capacity and capability, building on recent acquisitions including Tri State Distribution (now Altium Healthcare) and Plastique Micron (now part of Altium Packaging Canada). ...
2:47 min Markets and Management
Increase

New $45 million Albury/Wodonga recycling plant to build a domestic circular economy and boost regional jobs

A new recycling plant will substantially increase the amount of recycled PET plastic ...
1:20 min Markets and Management, Facts & Figures
Expansion

Indorama: Acquisition of PET recycling facilities in Poland

Indorama Ventures would like to inform that it has, through its indirect subsidiary Indorama Netherlands B.V., signed a Conditional Share Purchase Agreement on 3rd August 2020, with O.R.V. Ovattificio Resinatura Valpadana S.P.A. and OPOKA LTD., to acquire a 100% equity stake of ...
1:22 min Markets and Management, Facts & Figures
Acquisiton

SACMI takes over IPREL and continues to expand its Digital Innovation Services

Group now enjoys 100% ownership of company specialising in the design and development of digital services for industrial supervision and automation. President of SACMI Imola S.C., Paolo Mongardi: “SACMI continues to invest in services for digital innovation, the keystone of the ...
1:27 min Markets and Management, Management
Appointment

Dr. Volker Nilles to become head of KraussMaffei’s New Machines division

KraussMaffei merges three existing segments – Injection Molding Machinery, Reaction Process Machinery and Extrusion Technology – into a new division called New Machines. The new division will be headed by Dr. Volker Nilles who currently heads Injection Molding Machinery.
0:58 min Markets and Management
Groundbreaking

New, exclusive distribution center for pigments supports growth for Colors & Effects®

Customers will benefit from even more flexible warehousing and delivery service New building combines central distribution structure with distribution network geared to small quantities