Leadership change at Covestro's European production sites
Jan 13, 2025 · — By Plasteurope.com staff — German plastics producer Covestro (Leverkusen; www.covestro.com) has announced a significant leadership change within its European production sites.Effective 1 February, Yun Chen is set to assume the role of head of European production for the Performance Materials business. Chen is to succeed Daniel Koch, who is said to be stepping down at the end of January ...
PLASTIC FANTASTIC: Cash for clunkers | Plasteurope.com
Jan 10, 2025 · The government in Rome is offering consumers subsidies from a pot of EUR 50 mn if they make the switch to new, energy-saving models manufactured in Europe; the subsidy amounts to no less than 30%.
Acquisition of Lithuanian plastic bag maker Plasta
Dec 17, 2024 · — By Plasteurope.com correspondent — UK-headquartered plastic bag manufacturer and waste recycler Cedo (Telford; www.cedo.com) has announced the acquisition of Lithuanian Plasta Group (Vilnius; www.plastagroup.com), for an undisclosed sum.Plasta Group makes rubbish bags and other polyethylene film products from recycled waste plastic, sourcing its waste across western Europe, Scandinavia ...
European Plastics News | Plasteurope.com
4 days ago · 21.01.2025 — By Plasteurope.com staff — On 16 January, French petrochemical group TotalEnergies (Paris; www.totalenergies.com) reportedly declared another force majeure on polypropylene deliveries from the plant in Gonfreville, France. Plasteurope.com received corresponding confirmations from several processor...
WITTE AUTOMOTIVE: Expansion of plants in Czech Republic, …
Dec 19, 2024 · — By Plasteurope.com staff — Automotive supplier Witte (Velbert, Germany; www.witte-automotive.com) has announced the expansion of its production capacities in the Czech Republic and Bulgaria.The company is building a second plant in Ostrov, Czech Republic, where the specialist for locking systems has located …
Resin producer to be acquired by Japan's Nippon Paint
Jan 11, 2024 · Japan’s Nippon Paint Holdings (Tokyo; www.nipponpaint-holdings.com) has announced plans to acquire US resin producer AOC (Collierville, Tennessee; www.aocformulations.com) for USD 2.3 bn (EUR 2.13 bn).The seller is a fund of the US investment company Lone Star.Subject to all approvals, the transaction is expected to be completed within the first half of 2025.
POLYMER PRICES | Plasteurope.com
Jan 2, 2025 · Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth ...
French plastics processor announces rebranding - Plasteurope.com
Feb 5, 2024 · Good news for OPmobility president Laurent Burelle: in just 13 years, revenue rose from EUR 2.5 bn to EUR 11.4 bn (Photo: OPmobility) “The new name … brings our strategic profitable growth into sustainable mobility, bringing together our historic automotive activities and our technological ...
Forward integration: acquisition of packaging producer Envases …
Oct 3, 2024 · Spanish PET producer Novapet (Zaragoza; www.novapet.com), part of compatriot group Samca, is taking its first step towards forward integration with the takeover of processor Envases Soplados (Enso, Andujar, Spain; www.envasessoplados.com) for an undisclosed sum.Having purchased a majority stake in Enso in 2018, private equity firm GED Capital had since expanded the company through several ...
Plüss-Staufer: Now Omya AG in Switzerland - Plasteurope.com
Tradition-steeped, family-owned Plüss-Staufer AG (CH-4664 Oftringen) will trade in Switzerland in future as Omya AG, just as it has in foreign markets for a number of years.For several decades, the company has represented leading foreign chemical producers in Switzerland. On foreign markets it is known as a leading producer of mineral fillers and …