Disappointing year in the plastics injection moulding market
The value of the European plastics injection moulding industry slumped to €42.6bn in 2009, losing 23% of its value from €55bn in 2008, according to a report from AMI.
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Borouge inaugurated its first manufacturing plant in China
Borealis’ joint venture Borouge, a leading provider of innovative, valuecreating plastics solutions, inaugurated its first manufacturing plant in China at a ceremony held at the plant in Shanghai on April 20, 2010.
Rapid takes next step in restructuring process
Rapid Granulator AB is proceeding as planned with its restructuring to ensure a strong and prosperous future for the Rapid Group and its customers around the world. Rapid announced today the winding up of its Moditec subsidiary based in Lyon, France. This is the latest move in a series of cost reduction steps and organizational changes that have already been implemented by Rapid.
Interview with Steffen Schnizer from CD Cartondruck AG company
The packaging market is booming. But what distinguishes a successful folding box from others? Steffen Schnizer, Head of Marketing at CD Cartondruck AG, provides answers. The Southern German business specializes in high-quality folding boxes and has won several packaging awards for them.
La Seda is developing the first recyclable PET for the automotive sector
In a clear commitment to introducing new value-added products into the market, La Seda de Barcelona has developed PETAUTO, a project oriented towards improving recycling and sustainability in the automotive industry.
Gabriel-Chemie opens laboratory in Lodz / Poland
With the opening of a laboratory in Lodz / Poland, the Gabriel-Chemie Group continues its growth on the European market.
Krones AG in crisis
The year 2009 was dominated by the global economic crisis. As a consequence, the 2009 business year was for Krones AG, the world´s market leader for beverage filling and packaging technology, probably the most difficult in the company´s 59 years of existence.
Demand for German plastics and rubber machinery recovers
The outlook for plastics and rubber machinery has improved further. The final quarter of 2009 closed with orders for German machinery up by a nominal 35 per cent. October 2009 saw a resumption of demand growth for the first time since early 2008. This trend continued in the two months that followed.
Self-adhesive labels have a bright future
The first signs of recovery on the world self-adhesive label industry probably began late last spring but, as with the start of all ‘green shoots’, only the merest tip of growth was showing. It is going to be some while until we begin to gather a harvest comparable in size to the ‘good old days’ of selfadhesive
Ineos wants to leave UK due to taxes
Polymers and petrochemicals group Ineos is considering a relocation of its headquarters and tax residence from the UK to Switzerland. It said potential cash tax savings would be €450m between now and 2014 if it went ahead with the move, which would need the consent of its lenders.
Mitsubishi cooperates with Engel
Engel and Mitsubishi Heavy Industries Plastic Technology Co., Ldt. (MHI-PT) have made a cooperation agreement concerning the marketing of large-scale Engel multi-component injection moulding machines for Japanese customers. The purpose is to distribute Engel duo combi-machines with clamping forces 1.000 tons and lower in Japan jointly under the brand name Mitsubishi-Engel.
Economical downturn not so strong as expected
German Engineering Federation (VDMA: Domestic plastics and rubber machinery sales fall less sharply than forecast but the market situation is still uncertain.
