1:58 min
Management
Management
New CEO at KraussMaffei Group: Li Yong succeeds Dr Michael Ruf
Li Yong will take over as KraussMaffei Group CEO on January 1, 2023. Previous CEO, Dr. Michael Ruf, is leaving at his own request to take on new challenges. Majority shareholder Sinochem thanks Dr. Ruf for his work and reaffirms its confidence in the company's future.
1:55 min
Facts & Figures
Report
Plastics machinery shipments: In sync with slower economy, up from 2021
The shipments of primary plastics machinery (injection molding and extrusion) in North America slowed in the third quarter according to the statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES).
1:20 min
Management
Expansion
Sumitomo (SHI) Demag strengthens market presence in the UK and Ireland
Bolstering its market presence in the UK and Ireland, Sumitomo (SHI) Demag Plastics Machinery (UK) Ltd (SDUK) - a wholly-owned subsidiary of Sumitomo (SHI) Demag GmbH, Schwaig – is making a number of investments to further advance its sales activities in the UK and Ireland.