In the year 2010, Ticonas’s parent company, Celanese Corporation, announced the acquisition of the products Factor LFT, Thermx PCT and Zenite LCP. Effective as of January 1, 2011, these products will be available via all Ticona’s authorized distribution partners in Europe.
Demand from European converters fell back 7.2% from 2008 to 45 million tones in 2009. The market share of end use applications remained stable with packaging. The largest segment representing 40.1% of overall demand.
Managing director, Bernhard Rupke, gives a status report as well as an outlook to the future of the company.
At the last International Plastics Fair in Düsseldorf – K 2010 – Coperion GmbH, Stuttgart/Germany, had been able to present its report on incoming orders and sales and was looking to the future with great confidence.
German/Japanese injection moulding machine manufacturer Sumitomo Demag (SHID) reports a very encouraging response to its offering at K 2010. Six machines were demonstrated at the company’s own stand, and a further three with partner companies.
The economic crisis visibly impacted 2009 and also hit Engel hard in the fiscal year 2010. However, targeted measures helped to absorb most of the impact. New products and services, financing concepts and investment support for customers, accompanied by innovative sales activities and strategies are already driving an upswing at Engel that will lead to growth of more than 35 percent in the new fiscal year.
VDMA: German plastics and rubber machinery takes centre stage with remarkable half-yearly results.
VDMA: Asia accounts for more German plastics and rubber machinery purchases than the EU
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.
German Engineering Federation (VDMA: Domestic plastics and rubber machinery sales fall less sharply than forecast but the market situation is still uncertain.
A. Schulman reports improved fiscal 2010 first-quarter results.
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.
