Safic-Alcan expands its international business
Safic-Alcan, a leading distributor of specialty chemicals, has announced the acquisition of 4Plas Ltd. and its exclusive distribution agreement with Schützen Chemical Group.
Acquisitions
News Plastech
Constantia Flexibles signs agreement to acquire Drukpol Flexo
Constantia Flexibles, the third largest producer of flexible packaging worldwide, has signed an agreement to acquire the Polish company Drukpol Flexo.
Quantafuel concludes its strategic review with proposed acquisition by Viridor
The UK-based recycling and waste management company Viridor announced a formal offer to acquire all of Quantafuel’s outstanding shares for NOK 1.058million (NOK 6.38 per share).
Maag Pump System AG acquires Witte Pumps & Technology GmbH
Maag Pump Systems AG (“Maag”) announced today that it has acquired Witte Pumps & Technology GmbH (“Witte”).
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.
AkzoNobel to acquire aluminum wheel liquid coatings plant
AkzoNobel is to bolster its performance coatings portfolio after reaching an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Completion, which is subject to regulatory approvals, is expected before the end of 2022.
Alpla's pharma division growing due to acquisition of Polish company
The global packaging company ALPLA is boosting the presence of its pharma division in Central and Eastern Europe (CEE) with the acquisition of the Polish company APON.
CEO of MOL Group cleared of corruption charges
The International Centre for Settlement of Investment Disputes (ICSID), a Washington, DC-based court of arbitration under the World Bank, has issued its final rulings in the dispute between MOL Plc and the Republic of Croatia in a 216-page Award.
MOL Group acquired ReMat, Hungary’s market leading plastics recycling company
MOL Group acquired ReMat Zrt., a recycler with production plants located in Tiszaújváros and Rakamaz, Hungary, and a logistics hub in Bratislava, Slovakia. ReMat is a market leading plastics recycler in Hungary with an annual processing capacity of 25,000 tons.
ALPLA expands its PET recycling capacity in Germany
The packaging and recycling specialist acquires Texplast and the joint venture PET Recycling Team Wolfen
GIL Investments acquires Shapers’ Group
GIL Investments based in UK has acquired 100% of the shares of Shapers’ Group.
BASF expands its offering of polyamides and polyphthalamides
On February 1, 2022 BASF will start marketing several polyamide (PA) and polyphthalamide (PPA) grades in Europe that it acquired as part of the takeover of Solvay’s PA66 business.
