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Cannon is inviting to the Insulation Technology Open Days from 25 – 26 November 2020. (Source: Cannon)

Cannon is inviting to the Insulation Technology Open Days – Meetings, B2B, Conference and Factory Visits, the company’s first two-days event entirely dedicated to insulation technology.

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Since 1938 Fecken-Kirfel has been at home on the Prager Ring in Aachen, Germany. Since then the production plant has been continuously expanded and modernised. (Source: Fecken-Kirfel)

The Aachen-based German company Fecken-Kirfel GmbH & Co. KG, a specialist in the manufacture of customised splitting and stacking machines for the plastics, rubber and cork industry, is celebrating a very special anniversary in November 2020: The family business becomes 150 years.

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On 10 November 2020, Momentive Performance Materials Inc. announced it will invest USD 13 million for the expansion of its existing Termoli, Italy, plant to create a state-of-the-art manufacturing hub for its Niax polyurethane additives. The site, which currently produces high performance additives for rigid foam applications among other silicone-based products, will undergo a comprehensive technology upgrade to expand services to the EU slabstock foam industry.

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On 10 November 2020, Recticel announced that it has entered into final agreements with Swiss Conzzeta AG to acquire 100 % of FoamPartner in cash for an enterprise value of CHF 270 million, CHF 20 million of the price being payable in January 2022. Recticel said this represents an 8.6x average 2019A-2020F normalised EBITDA multiple. The transaction is subject to customary conditions precedent including antitrust approvals.

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On 28 October 2020, Huntsman Corporation announced that it has entered into a definitive agreement to sell its India based Do-It-Yourself (DIY) consumer adhesives business, part of the Advanced Materials division, to Pidilite Industries Ltd. in an all-cash transaction valued at up to USD 285 million, excluding customary working capital and other adjustments.

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Stepan Company is ranked 45 in The Wall Street Journal’s most sustainably managed companies in the world — third among chemical manufacturers in the rankings. The assessment includes more than 5,500 publicly traded businesses that were evaluated on an array of sustainability criteria including business model and innovation, external social and product issues, employee and workplace issues, and the environment. The ranking methodology also considered Stepan’s leadership and governance practices, and how those create long-term shareholder value.

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JEC Group has postponed the next edition of JEC World to 1 – 3 June 2021 at Paris Nord Villepinte. (Source: JEC Group)

On 3 November 2020, JEC Group announced that due to the continued impact of the Covid-19 pandemic and after thorough consultation of clients and partners, the next edition of JEC World is postponed from 9 – 11 March to 1 – 3 June 2021 at Paris Nord Villepinte.

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Otto Krahn Group GmbH announced on 2 November 2020 that from now it will operate as the holding company of the globally active Otto Krahn Group. It will in future define the strategic guidelines and at the same time take on the role of a professional service provider to support Group companies with the development of successful and sustainable growth strategies.

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Erhard Wienkamp (Managing Director Operative Trade Fair Business), Petra Cullmann (Executive Director Operative Trade Fair Business), Ulrich Reifenhäuser (Chairman exhibitors’ advisory board) and Thomas Franken (Project Director for the Portfolio Plastics & Rubber) (Source: Messe Düsseldorf)

On 22 October 2020, the first meeting of the exhibitors’ advisory board marked the kick-off to the next “K” in Düsseldorf, Germany, to be held from 19 – 26 October 2022. The body of experts has met to chart the course for the most important trade fair for the plastics and rubber industries worldwide and to enter into the concrete planning stage. The exhibitors’ advisory board supports Messe Düsseldorf in the preparations for K 2022 and provides consulting on basic conceptual and organisational issues. Here particular attention is paid to considering current developments as well as to the global economy and the discussion of forward-looking trends and technologies.

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On 21 October 2020, Huntsman Corporation commemorated the official start-up of a new 22,000 t Terol aromatic polyester polyols plant at its systems house in Kuan Yin, Taiwan, with an opening ceremony at the site that was attended by key customers and employees.

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