The KraussMaffei Group has appointed Dr. Hans Ulrich Golz as “President” of a common Group-wide Injection Molding Machinery Segment. Bernhard Merki, CEO of Netstal Maschinen AG, is leaving the company. Dr. Karlheinz Bourdon and Frank Peters, previously responsible for the Injection ...

OHL Engineering GmbH PET Recycling Technologies, a subsidiary of SCHOELLER, Pullach near Munich, has taken over the operative business of the MANN+HUMMEL subsidiary ProTec, with headquarters in Bensheim. With this acquisition the traditional family enterprise has consequently ...

The global consumption of PET packaging will grow to almost 19.1 million tonnes by ...

Sales at Krones, the world’s market leader for beverage filling and packaging technology were up by 14.1 % in the 2011 business year compared to 2010, rising from 2,173.3 to 2,480.3 million euros. Krones has thus overachieved its growth target. At 2,514.0 million euros, the company’s ...

The founder of Gneuss Kunststofftechnik GmbH, Bad Oeynhausen, Germany, Detlef Gneuss, will celebrate his 70th birthday in March 2012. His pioneering spirit and his courage to follow new, unknown paths are the main reasons for the fact that Gneuss Kunststofftechnik has developed ...

BASF expands portfolio for wind power Strengthened competence for automotive, aeronautics and shipbuilding industriesBASF has purchased the PET foam business of the Italian company B.C. Foam S.p.A., headquartered in Volpiano. The companies have agreed not to disclose the ...

This financing will allow the Plastic Packaging Division (APPE) to expand into new markets and to innovate products, materials and services LSB will integrate all its chemical businesses and opens the possibility of incorporating a new strategic partner The Company increases ...

Indorama Ventures Public Company Limited (“IVL”) informs that IVL through its indirect subsidiary, Beacon Trading (UK) Limited has acquired 51% stake in Beverage Plastics (Holdings) Limited (“BPL”) in North Ireland, United Kingdom.

SMI, a worldwide leader among the manufacturers of hi-tech packaging machines and ...

Highlights Record profit after tax before significant items of $304.7 million, up 13.9%; Significant items, primarily relating to acquisitions and restructuring activities, were an after tax expense of $99.8 million compared with an after tax expense of $41.3 million in ...