Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its full year and fourth quarter 2019 financial results. The company concurrently undertook several transformative initiatives that were announced on 4th Feb 2020 at its Capital Market Day and are expected to generate benefits starting in 2020 and targeted to
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Interview with Renzo Davatz, CEO of KraussMaffei HighPerformance AG Since the summer of 2019, Netstal has been renamed KraussMaffei HighPerformance AG. We asked Renzo Davatz – almost 30 years in the company and CEO since 2016 – about the background to this. We were particularly interested in the prospects for the
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We met: Mr Rick Unterlander, General Manager PET Mr Vincent Travaglini, President & CEO We spoke with General Manager PET Mr Rick Unterlander about the past, the future and, of course, about PET. He began with an outline of the history of Stackteck, which was established in 1998 as a merger
Read MoreSukano, a global masterbatch specialist for PET, PLA and specialty resins, has been certified according to the COTREP recyclability test protocol and will be featured in the CITEO positive list. This gives brand owners a documented ‘end of life’ alternative as it ensures the sorting and recycling of black PET products
Read MoreKrones, a leading manufacturer of filling and packaging technology, achieved its 3% growth target in 2019 despite the difficult overall economic environment. Revenue increased by 2.7% year-on-year, from €3,854.0 million to €3,958.9 million. The company’s order intake improved by 3.2%, from €3,957.3 million in the previous year to €4,083.5 million in
Read MoreWood Mackenzie expects the current Corona outbreak to have a bigger impact than SARS in 2003, and have a more challenging road to recovery. Analyst Kelly Cui sums ups how the coronavirus outbreak differs, and how that affects China’s petrochemicals sector: In 2003, China was in the upper trend of an
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Sebastian Dombos is the new head of sales at the Engel Deutschland Nuremberg location. This personnel decision sees the injection moulding machine manufacturer and system solution provider, headquartered in Schwertberg, Austria, prepare the generation change in the board of the subsidiary with foresight. Sebastian Dombos joined the company on 1st of
Read MoreThe organiser of Chinaplas, Adsale Exhibition Services Ltd., announced a new date for the 2020 show edition. Chinaplas 2020 will be held 3-6 August 2020 at NECC in Shanghai. The fair had been postponed in order to control the coronavirus epidemic in China. Ada Leung, General Manager of Adsale, expressed, “As
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High accolades go to an innovation developed especially for the circular economy. The patented stand-up pouch from Werner & Mertz and Mondi has been chosen to receive the prestigious WorldStar Packaging Award in the “Household” category. “The highly innovative 100 percent recyclable pouch leapfrogs sorting and recycling hurdles on the way
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The Bekum group celebrated recently three anniversaries – 60 years Bekum in Berlin Germany, 50 years Bekum in Traismauer Austria und 40 years Bekum in Williamston, USA. As part of the celebrations at the American location, the groundbreaking ceremony for the expansion of production capacities was made on November 26, 2019.
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As the packaging markets in Asia and the surrounding region continue to expand, Agr has recognised a significant growth in the demand for its quality management and process control equipment for plastic containers. This is evidenced by an ever expanding customer base in this region. The establishment of an office in
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