0:41 min Strategies & Market Analysis
Ukraine

BASF to wind down activities in Russia and Belarus except for business that supports food production

As announced on March 3, 2022, BASF has not conducted new business in Russia and Belarus, in light of the war of aggression against Ukraine ordered by the Russian government. BASF strongly condemns the Russian attack on Ukraine and the violence against the civilian population.
1:55 min Management
Expansion

NETSTAL establishes subsidiary in the USA and appoints experienced industry leader as President

NETSTAL is strengthening its presence in the North American market with its new US ...
1:31 min Management
Acquisition

Indorama Ventures completes acquisition of PET packaging business in Vietnam

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, completed the acquisition of Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN), one of Vietnam’s leading PET packaging companies.
1:29 min Management
Appointment

Reiner Strecker becomes new Chairman of the Supervisory Board of Eckes AG

Reiner Strecker, an experienced corporate executive, has been elected as the new Chairman of the Supervisory Board of Eckes AG, the parent company of Eckes-Granini Group GmbH, which is headquartered in NiederOlm (Rhineland-Palatinate).
1:20 min Cosmetics & Medical, Sustainability & Circular Economy
Partnership

Origin Materials and LVMH Moët Hennessy Louis Vuitton form strategic partnership to bring carbon negative materials to perfumes and cosmetics industry

Origin Materials, Inc. a carbon negative materials company, and LVMH Beauty, a division of LVMH Moët Hennessy Louis Vuitton, announced a strategic partnership to develop sustainable low-carbon footprint packaging for the perfumes and cosmetics industry.
0:37 min Strategies & Market Analysis
Ukraine

Henkel to exit its business in Russia

Against the background of the current developments of the war in Ukraine, Henkel has decided to exit its business activities in Russia.
3:22 min Management
Anniversary

Sumitomo (SHI) Demag Czech branch marks one year anniversary

Sumitomo (SHI) Demag Plastics Machinery Česko spol. s r.o., Prague (Czech Republic) ...
1:44 min Management
Appointment

Sidel strengthens commitment to Food, Home and Personal Care markets with new global vice president

Sidel reaffirmed its ambition to help Food, Home and Personal care brands meet ...
2:44 min Mineral water, Bottles and containers
New production plant

SMI solutions for KOBI water

Aqua Geo Ltd turned to SMI for the supply of several turn-key plants for the ...
0:20 min Management
Acquisition

Quvadec NV launches its mandatory public takeover bid on the remaining shares in Resilux NV

Resilux NV announces that Quvadec NV has launched today its previously announced mandatory public takeover bid on all shares in Resilux NV that are not already directly or indirectly owned by Quvadec or its affiliates (the "Bid"). The initial acceptance period in respect of the Bid ...