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
2:56 min Markets and Management, Facts & Figures
Facts & Figures

Krones closes second quarter 2020 with loss due to Covid-19 situation

Revenue from April to June fell by 16.5% year-on-year. In the first half of 2020, revenue went down by 10.1% to €1,698.6 million. Extreme uncertainty due to the corona situation is affecting investment confidence among customers. Order intake decreased by 38.2% in the second ...
1:40 min Markets and Management, Facts & Figures
Prize

Kiefel wins renowned Red Dot Award for HMI

Kiefel receives the Red Dot Award for “Modular and smart visualized HMI for Kiefel ...
6:56 min Markets and Management, Management
Bio-Recycling

Carbios announces the strong success of its capital increase through a placement to qualified investors for an amount of €27 million

Carbios, (the “Company“), a pioneering company in the development of bio-industrial solutions focusing on plastic and textile polymer lifecycles, today announces the strong success of its capital increase without shareholders’ preferential subscription rights of a final amount of €27 ...
0:41 min Markets and Management, Management
Transport optimization

SIBUR diversifies routes for polymer product supplies to China

SIBUR has diversified its export supplies of polypropylene and polyethylene to China by leveraging Russia’s rail transportation infrastructure. Until 2020, the Company mainly relied on sea transportation to ship its products to the region. Today, thanks to China’s One Belt, One Road ...
2:20 min Markets and Management, Management
Trade Fairs

Fakuma postponed to October 2021

In cooperation with the exhibitor advisory board for Fakuma 2020, trade fair promoters P. E. Schall GmbH & Co. KG have decided to postpone the 27th Fakuma international trade fair for plastics processing to 2021. The next industry highlight covering all aspects of plastics ...