DuPont: Acquisition of Rogers Corporation and divestment of portion of the industry Mobility & Materials segment including the Hytrel and Vamac brands
DuPont announced on 2 November that it has entered into a definitive agreement to acquire Rogers Corporation for USD 5.2 billion. The transaction is expected to close in the second quarter of 2022, subject to customary closing conditions.
read moreSirmax: Production capacity increase by investing EUR 10 million in machinery in Europe and the USA
The compounding experts of Sirmax have increased production capacity with a 10-million-euro investment in new machinery. The Cittadella-based Group specializes in the production of PP compounds, engineering plastics, post-consumer compounds, and bio-compounds. The company produces a range of TPEs under the brand name Xelter.
read morePolycompound: New capacities for production, office and warehouse
At the headquarter Sissach of toll compounder Polycompound AG new production, office and warehouse capacities - as well as a new technical centre - are being created. The company said that the expansion is a critical development step for the company, which has constantly grown during its over 30 years of existence.
read more21st International Exhibition on Rubber Technology postponed
The 21st International Exhibition on Rubber Technology, due to be held on 1 - 3 December 2021 at Shanghai New International Expo Centre has been postponed to 6 - 8 September 2022.
read moreIKV: 31st International Colloquium Plastics Technology postponed until late summer 2022
Instead of in March, IKV (Institut für Kunststoffverarbeitung in Industrie und Handwerk an der RWTH Aachen) will invite plastics experts from around the world to network personally on 7 - 8 September 2022 in Aachen. The International Symposium on Plastics Technology is also being postponed.
read morewdk Fall Conference 2021: Shaping sustainable recovery
Markets, liquidity problems in the automotive supply chain, and increasing regulation – these mixed and volatile developments were the focus of this year's fall conference of the Wirtschaftsverbands der deutschen Kautschukindustrie (wdk, German Rubber Industry Association) in Frankfurt am Main on 18 November 2021.
read moreActega DS: Relocation of production of former Henkel products to Bremen
Following the acquisition of the closure materials business from Henkel in May 2021, the transfer of production from Henkel in France to Actega DS in Bremen has now been completed. The brands acquired from Henkel include Celox, Sincera and Daraform.
read moreArburg: Combining additive manufacturing activities under one roof
Arburg has founded a new subsidiary, the Arburgadditive GmbH + Co KG. It will be based at the company’s headquarter in Lossburg, Germany, and will house activities related to additive manufacturing. Managing Director will be Dr. Victor Roman, who is set to join the company on 1 December 2021.
read moreCovestro: Collaboration with University of Pittsburgh for Circular Economy Program
The rise of circular economy principles has led to a new collaboration between Covestro LLC and the University of Pittsburgh. Pitt’s Mascaro Center for Sustainable Innovation (MCSI) and Swanson School of Engineering will house the new Covestro Circular Economy Program at the University of Pittsburgh.
read moreVDMA: Industry interviews on the road to the K – Ulrich Reifenhäuser
The world is facing major challenges: Climate change must be fought; the environment must be protected, and resources must be conserved. It is also important to make good use of the opportunities offered by digitalisation. The plastics industry has a key role in this process because plastics are ubiquitous in the world. Climate protection, digitalisation and the circular economy are therefore also the three major topics at K 2022, the world's leading trade fair for the plastics industry. To get in the mood for the industry meeting in autumn 2022, the VDMA is letting representatives of the plastics machinery industry and all other stakeholders in the sector have their say through weekly interviews.
read moreGamut: Acquisition of Davis-Standard
On 9 November 2021, private equity firm Gamut Capital Management, L.P. announced that it has signed a definitive agreement to acquire Davis-Standard, LLC and its affiliates from Oncap, the middle-market private equity platform of Onex. Financial terms of the transaction were not disclosed. The transaction, which is subject to customary closing conditions, is expected to close in Q4 2021.
read more