1:11 min Markets and Management
Launch

Rental options now available for new Milacron machinery

Milacron, a leading industrial technology company serving the plastics processing industry, is launching a new rental option for machinery upgrades through their exclusive financing partner, Equipment Finance Group (EFG). Renting offers advantages that owning does not, including ...
1:17 min Markets and Management, Management
Appointment

Kautex Maschinenbau appoints Michael Müller as new global sales manager for the packaging division

In April Michael Müller took over the role of global sales director for packaging at Kautex Maschinenbau. Michael will be responsible for driving and managing company's sales activities in packaging division. With his degree in engineering, Kautex as world's leading system providers ...
1:20 min Markets and Management, Management
Appointment

Avery Dennison: new VP of LGM EMEA

Avery Dennison announces the promotion of Hassan H. Rmaile to vice president and general manager of Avery Dennison Label and Graphic Materials Europe, the Middle East and North Africa, as of May 1. He will be replacing Jeroen Diderich, who has relocated to the United States to take ...
1:47 min Markets and Management, Management
Investment

Chroma Color Corporation invests more than 1,5 million across manufacturing sites and announces closure of its recently acquired Calumet City, IL operations

To fulfill Chroma Color’s commitment to continuous improvement and optimization of its manufacturing operations in providing world-class service and products, Chroma Color has completed significant investments at multiple manufacturing sites and just announced the transition of all ...
2:49 min Markets and Management, Management, Global themes, …
Initiative

"Plattform Verpackung mit Zukunft” (Platform Packaging with a Future) started with ambitious goals

Renowned industry giants, hidden champions and global players build a joint platform ...
2:20 min Markets and Management, Management
Agreement

BP deepens partnership with Chinese PET producer CRC, seeking opportunities for closer cooperation

BP signs strategic cooperation agreement and invests in CRC  CRC already a major customer for BP’s PTA production in China To jointly explore opportunities to improve cooperation along polyester value chain
1:30 min Markets and Management, Facts & Figures
Fund

Esterform Packaging boosts delivery for beverage and food industry with £26m funding package from Shawbrook Bank

Esterform Packaging Limited (EPL) is a leading supplier of PET preforms and containers for the beverage, food and household markets in the UK. Combining a refinance and cashflow loan facility, the £26m funding package from Shawbrook enables EPL to exit its current funder agreement ...
2:26 min Markets and Management, Facts & Figures
Report

Krones improves profitability in first quarter of 2020 despite slightly lower revenue

Revenue decreased due to the initial effects of the COVID-19 situation by 4.2% year-on-year to €942.0 million between January and March 2020. Overall economic uncertainties have significantly impacted customers’ investment confidence regarding new projects, especially since March ...
1:38 min Markets and Management, Management
Appointment

Berlin Packaging names William J. Hayes Chief Executive Officer and President

Berlin Packaging announced that its Board of Directors has appointed William J. Hayes as Chief Executive Officer (CEO) and President and a member of the Board of Directors, effective no later than July 13, 2020. Hayes is currently CEO and President of BrandSafway.
1:00 min Markets and Management, Management
Appointment

Wolfgang Steinwender becomes new CEO of the Austrian Recycling Machines Manufacturer NGR

As of May 1, Wolfgang Steinwender will take over as CEO of the successful Austrian plastics recycling machines manufacturer. His predecessor Josef Hochreiter will devote more time to the further development of Next Generation Holding. Despite the worldwide uncertainties due to Covid ...