2:44 min Facts & Figures
Report

Indorama Ventures reports stable 2Q24 earnings, supported by a gradual recovery in volumes and management progress on IVL 2.0 strategy

Indorama Ventures Public Company Limited (IVL) reported a slight rise in quarterly performance, supported by a gradual recovery in sales volumes and as management executes the company’s IVL 2.0 strategy to optimize its manufacturing model, reduce costs, and enhance competitiveness.
1:17 min Management, Sustainability & Circular Economy
Sustainability

KHS: Climate protection confirmed: SBTi validates Group greenhouse gas reduction targets

Binding targets for and holistic commitment to climate protection: together with Group parent Salzgitter AG the KHS Group pledges to reduce its greenhouse gas emissions. The results of the now completed validation by the Science-Based Targets initiative (SBTi) confirm that the ...
1:14 min Management
Acquisition

DUBAG Group has acquired Ampack GmbH and Osgood Industries from CVC-backed Syntegon

DUBAG Group is proud to announce the closing of its first transaction within their exclusively managed LEO III fund shortly following the start of the investment phase.
0:58 min Management
Appointment

Doug Neal to lead Barry-Wehmiller continuous improvement initiatives

Barry-Wehmiller is excited to announce a new role that will bring transformative change to the organization. Doug Neal has been appointed Vice President of Continuous Improvement and will lead the efforts to reboot the organization's dedication to operational excellence.
3:37 min Management
Report

Piovan: The BOD approves the consolidated half-year financial report

Total consolidated revenue and other income of € 287.5 million; Consolidated Adjusted Net Profit of € 22.9 million; Consolidated Adjusted EBITDA of € 38.8 million; Consolidated Operating Profit (EBIT) of € 33.3 million Negative Net Financial Position, steadily improving, ...
1:56 min Management
Acquisition

A new start for ILLIG: business will continue with a new company name

Ownership was transferred on August 1st after the contract was signed (Closing on 31.07.2024) The new ILLIG packaging solutions GmbH continues the business with thermoforming and packaging systems and services
1:17 min Management
Appointment

Andreas Montag named new Director Business Development Medical at Sumitomo (SHI) Demag

Effective 1 July 2024, Andreas Montag joined Sumitomo (SHI) Demag Plastics Machinery GmbH as the company’s new Director of Business Development Medical. He replaces Anatol Sattel, who moves into a new function as Group CSO, effective 1 September 2024. Andreas Montag is an ...
1:70 min CSD, Caps & Closures
Launch

SIPA launches ultralight, high-performance GME 30.40 LW neck finish

SIPA has unveiled a groundbreaking innovation in carbonated soft drink (CSD) – the ...
1:41 min Management
Management

Sumitomo (SHI) Demag Plastics Machinery confirms new leadership chapter

Sumitomo (SHI) Demag, Schwaig, has announced the next phase of the company’s succession plan following the retirement of incumbent CEO Gerd Liebig, who has led the Group for nine years. Effective 1 September 2024, Christian Maget assumes the role of CEO. Drawing upon his deep ...
3:55 min Facts & Figures
Report

Krones reports very good first half-year 2024 – significant increase in revenue and profitability

Demand for Krones’ products and services remains robust. From April to June 2024, order intake increased by 2.9% to €1,310.2 million, exceeding the already high level of the previous year (€1,272.8 million). The contract value of orders in the first six months of 2024 ...