KraussMaffei eyes growth in China as shares begin selling in Shanghai
German machinery company KraussMaffei Group is now trading on the Shanghai Stock Exchange, although it retains its headquarters in Germany.
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Industry group pledges $1bn to end plastic waste
More than two dozen companies — including several in the plastics industry — believe there is a way to end plastic waste and are pledging some serious money to launch the effort.
Nestlé joins anti-marine litter campaign STOP
Swiss food and drink company Nestlé has joined the anti-marine litter project STOP (Stop Ocean Plastics) in a bid to advance its “waste-free future” vision.
KraussMaffei listed on Shanghai Stock Exchange, eyes 20% growth in China
German machinery company KraussMaffei Group has been listed on the Shanghai Stock Exchange, through an asset injection process which was completed last December.
Swedish university claims bioplastic breakthrough using indole
Scientists at Lund University, Sweden, have produced a bioplastic material based on indole, a heavy organic compound present in human faeces and, in lower concentrations, in certain flowering plants.
Emsur gains a majority stake in Eximpack
Emsur, the flexible plastic packaging division of Spain’s Grupo Lantero, has now further cemented the existing collaboration with Eximpack with the acquisition of a majority shareholding in the company. Over two years ago, the two companies,...
Auto parts maker Ficosa grows Portuguese cable plant
Spanish auto components maker Ficosa International just completed the expansion and upgrade of its Ficocables cable harness plant in Maia near Porto in northern Portugal. Viladecavalls, Barcelona-based Ficosa invested around €5m in the...
Plastics Recycling Awards Europe Announces 2019 Finalists
The shortlist for the Plastics Recycling Awards Europe 2019 has been published. The winners will be announced on 11 April, during the second day of the Plastics Recycling Show Europe taking place at the RAI Amsterdam. The seven different...
Ineos investing €3bn in major European cracker project in Belgium
Petrochemical giant Ineos is investing €3bn in the heart of the Belgian industrial port of Antwerp to build a “world-scale” 1-million-tonne-a-year ethane cracker with a propane dehydrogenation (PDH) unit producing 750 kilotonnes ...
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Management changes at Sumitomo (SHI) Demag
Sumitomo (SHI) Demag today announced that Shoichi Ohira will join the management board of Sumitomo (SHI) Demag Plastics Machinery as COO (Chief Operations Officer) and Head of Production, effective 15 January 2019. In addition, the company said...
Opinion: If we want a sustainable future, it will be driven by companies
It seems like there is a never-ending deluge of negativity about plastics in the media. Yet for all the valid and important points being made about the environmental impacts of plastics, the most important question is all too often missed: can...
Sibur commissions 100,000tpa DOTP plant at Perm
Russian petrochemicals giant Sibur Holding has begun the commissioning phase of a project to manufacture the plasticizer dioctyl terephthalate (DOTP) at its site at Perm in the Urals region.
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