Global shipping conglomerate AP Moller-Maersk Group has sold three US injection moulding plants – part of the Rosti Technical Plastics – to a management buyout group that includes the former owner, Jim McCalmont. McCalmont Industries now owns the two factories. The company runs 70 injection presses, ranging in clamping force from 28 - 1,500 tonnes.
First Cans Already Supplied from Modern Slovakia Plant. Crown Holdings, Inc. announces that it has officially opened its new beverage can plant in Kechnec, in eastern Slovakia, allowing Crown to better serve customers in Central and Eastern Europe.
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.
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 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.
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.
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.
With the opening of a laboratory in Lodz / Poland, the Gabriel-Chemie Group continues its growth on the European market.
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.
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.
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
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.
