INDUSTRY NEWS
Overview: Industry News
EMIRATES BIOTECH: 160,000 t/y PLA plant to be constructed in UAE / Facility leverages Sulzer Chemtech PLA technology / Plant operational in 2028
13.01.2025
By PIE correspondent Emirates Biotech, a joint-venture company established in 2023 by compatriot investment group SS Royal Kit Emirates Investment and Hong Kong-based company Global Biopolymers Industries, has partnered with Swiss ...PLASTIC FANTASTIC: Cash for clunkers
10.01.2025
By PIE staff While there are calls up till now unsuccessful for the next taxpayer-funded scrappage scheme for combustion cars in Germany, Italy is already a step ahead when it comes to stimulating the economy. The government in ...WORLD PLASTICS COUNCIL: President Benny Mermans elected for second term
10.01.2025
By PIE staff The executive committee of the World Plastics Council has unanimously re-elected Benny Mermans as its president for another two years. Mermans, vice-president for sustainability at Chevron Phillips, took office on 1 ...LAPIPLAST: Private equity company Koinos acquires majority stake in Italian thermoformer / Expansion of capacities planned
09.01.2025
By PIE staff Italian private equity company Koinos Capital has acquired a majority stake in Lapiplast, a specialist in vacuum thermoforming. The transaction was completed for an undisclosed amount. Dimitri Campanini from the ...Huhtamaki: Ralf K. Wunderlich to become new President and CEO
08.01.2025
Huhtamaki has appointed Ralf K. Wunderlich (58) as President and CEO, effective January 15, 2025. At the same time, the company's current President and CEO Charles Héaulmé will..ETIMEX TECHNICAL COMPONENTS: Plans to focus on plastics injection and blow moulding / Sale of elastomer business
08.01.2025
By PIE staff German plastics processor Etimex Technical Components said it plans to focus on injection and blow moulding in future. As part of a strategic reorientation, the company also announced the divestment of its elastomer ...Covestro: Production expansion in Ohio with several new production lines - More capacity for customized polycarbonates
08.01.2025
Covestro is investing a low triple-digit million euro amount in the expansion of its site in Hebron, Ohio, USA. As detailed in a press release, the company is significantly..SCHÜTZ: Joint venture with French reconditioner Duo Emballages
08.01.2025
By PIE staff German manufacturer of industrial packaging Schütz and Frances Duo group have joined forces in a joint venture. With seven locations for the reprocessing of intermediate bulk containers and barrels, they claim to form ...PMMA RECYCLING: Quartet of firms combine to launch Europe-wide recycling initiative / Toll manufacturing agreement with Röhm to produce rMMA in Italy
06.01.2025
By PIE correspondent Four European companies have banded together to improve the prospects for recycling polymethyl methacrylate by combining their skills, and hope to work with other PMMA processing operators across the region. ...GABRIEL-CHEMIE: Masterbatch specialist expands warehouse space at Austrian headquarters
06.01.2025
By PIE staff Masterbatch specialist Gabriel-Chemie has expanded storage capacity at its headquarters in Lower Austria. The company has invested around EUR 7 mn in the expansion of its existing racking warehouse by about 3,200 m². The ...