Sharp increase in new orders for German plastics and rubber machinery
VDMA: German plastics and rubber machinery takes centre stage with remarkable half-yearly results.
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Asia more important for German machine producers than Europe
VDMA: Asia accounts for more German plastics and rubber machinery purchases than the EU
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.
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.
The current European, Asian and North American market position of A.Schulman
A. Schulman reports improved fiscal 2010 first-quarter results.
Evonik Finalizes Sale of AlzChem Group
Germany-based Evonik Industries has finalized the sale of the AlzChem Group to the Luxembourg-based private equity fund bluO. The deal was closed on October 27, 2009, after it was approved by the boards and the relevant antitrust authorities. Less debts, the cash sale price amounts to €78.5 million.
European plastics market in 2009
Plastics and rubber machinery manufacturers in Europe: hopes for Recovery in 2010 after a Serious Fall in 2009.
Pregis launches ‘The Advantage Team’ customer service brand
Pregis Corp., a leading supplier of protective packaging solutions, launches The Advantage Team customer service brand and “we make it happen” tagline.
Greiner Packaging sells its composite can production to Weidenhammer
Greiner Packaging AG Switzerland, a company of Greiner Packaging International, will sell its product segment composite cans by 31 May 2009.
Rapid collapse of prices for steel products
In summer last year the manufacturers of tin plate packaging and closures still faced drastic rises in the price of supply materials. Then the December motto ran: feedstock prices for sheet steel packaging no longer follow spot market prices. The result is great insecurity amongst steel processing companies and their industrial buyers.
Machine sales to rise for next four years
Global demand for plastics processing machinery should grow nearly 5% a year for the next four years with sales in developing countries outpacing the US, Western Europe and Japan, according to Freedonia Group.
Dow Accelerates implementation of its transformational strategy
The Dow Chemical Company announced a series of aggressive actions to accelerate its transformational strategy in light of current economic realities.
