Distribution of KetaSpire and AvaSpire product families from Solvay
International distributor Biesterfeld and science-based company Solvay are expanding their joint portfolio.
Joint venture
News Plastech
Elix Polymers and Ayúdame3D join forces to produce solidarity prostheses using recovered ABS
Elix Polymers has collaborated with Repsol and Leitat on a sociotechnological project with Ayúdame3D, a Spanish social startup that promotes the social value of technology through awareness-raising programs to help people with disabilities thanks to 3D printing.
ICE Flex becomes Wittmann Digital
Effective 25 July 2022, the Wittmann Group increased its company share in ICE Flex Srl and the company’s name has been changed to Wittmann Digital Srl.
Lanxess and Advent to acquire Engineering Materials business from DSM
Specialty chemicals company Lanxess and Advent International, one of the largest and most experienced global private equity investors with a well established track record in chemicals investings, are establishing a joint venture for high-performance engineering polymers.
Borealis and Reclay Group form new joint entity, Recelerate, to make plastic circularity a reality
Formed of the waste management expertise of Reclay and the high quality recycling capabilities of Borealis, Recelerate will grow from existing shared strengths across European markets
Starlinger recycling technology for Australia’s largest PET recycling plant
The recently opened Circular Plastics Australia PET recycling facility in Albury-Wodonga, New South Wales, is equipped with a recoSTAR PET 215 HC iV+ PET bottle-to-bottle recycling line from Starlinger that produces 2.5 tons of rPET per hour.
Automation specialist TMA to become a member of the Engel Group
Injection moulding machine manufacturer Engel Austria has acquired the majority interest in TMA Automation in Gdynia, Poland. This strategic investment sees Engel reinforce its leading position in the field of injection moulding process automation.
Joint venture in China
Fujian Highsun Engineering Plastics Co., Ltd and AKRO-PLASTIC GmbH establish joint venture in China
Elix Polymers and Repsol sign a Circular Economy partnership agreement
Both companies have agreed to incorporate chemically-recycled styrene into the production of ABS/SAN, in compliance with the ISCC PLUS certification system.
Indorama acquires PET recycling facilities in Poland
Indorama Ventures would like to inform that it has signed a Conditional Share Purchase Agreement on 3rd August 2020 to acquire a 100% equity stake of Industrie Maurizio Peruzzo Polowat
Hromatka Group to acquire majority stake in Guzman Polymers
Guzman Global, family owned business with more than 80 years of history, and Hromatka Group have reached an agreement for the latter to take a majority stake in Guzman Polymers.
Sibur and Gazprom Neft to develop PP production in Omsk
Sibur and Gazprom Neft have consolidated 100% of the authorised capital in Poliom, a polypropylene plant in Omsk. Sibgazpolimer, a joint venture of the two companies, has signed an agreement to acquire a 50% stake in Poliom from the Titan Group.
