Sabic acquires 24.99% stake in Clariant

Clariant, a world leader in specialty chemicals, acknowledges the investment by chemical industry peer and partner Sabic, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes Sabic the largest Clariant shareholder. As is customary in the

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GEA closes acquisition of Vipoll

GEA completed the acquisition of Vipoll, headquartered in Križevci pri Ljutomeru, Slovenia, which was signed in November 2017. With the acquisition, GEA has added to its group a manufacturer of filling technologies for soft drinks, beer and fresh milk products into glass bottles and cans, as well as PET bottles. “This

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Petainer appoints three new distributors in Europe

PET packaging company Petainer has appointed three new distributors in Europe, expanding its footprint in the region. The new distributors are Ice Techic in Bulgaria, BrewTec Europe in France and Scangothia in Sweden. The distributors will be promoting and selling products from the petainerKeg range, including the Classic keg and Linestar,

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Christoph Kückels leaves MHT

After 13 very successful years as Board Member of MHT Mold & Hotrunner Technology AG, Christoph Kückels will leave the company on November 30, 2017, to tackle new challenges elsewhere. Starting December 1, 2017, Christian Wagner, currently serving on the Executive Board specialising in Technology and Distribution, will lead the corporate

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Indorama Ventures to acquire Artlant PTA in Portugal

Indorama Ventures Public Company Limited (IVL), a global chemical producer, will acquire the assets of Artlant PTA, S.A.’s (Artlant), including all equipment, surface rights and employment contracts. Artlant, a Purified Terephthalic Acid (PTA) plant in the Sines Industrial Complex in Portugal is a large PTA producer in Europe with a production

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Starlinger inaugurates new recycling headquarters

At this year’s edition of the “dynamic days” held October 23-24, 2017 in Weissenbach, Lower Austria, Starlinger inaugurated the new headquarters of its division recycling technology. The building is located in close proximity to the existing Starlinger factory. The Austrian company Starlinger & Co. GmbH is chiefly known as a market

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Husky strengthens PET Tooling organisation

Husky Injection Molding Systems, a leading industrial technology provider to the plastics processing community, has made significant investments to its PET Tooling business to increase customer value and better respond to market needs. With the creation of a dedicated tooling team, focused investment on technology and increased global delivery capabilities, Husky

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New strategic ownership of Polymetrix AG

Beijing Sanlian Hope Shin-Gosen Technical Service Co. has acquired 80% of the Polymetrix shares from the Bühler Group. The Bühler Group will remain a minority shareholder with 20% of the shares of Polymetrix. Closing is expected for the beginning of 2018. The Bühler Group held again 100% of Polymetrix after the

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