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.
Acquisitions
News Plastech
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.
2021 - the year of investments for LANXESS
Interview with Ralf Krueger, Lanxess Regional Head EMEA
Indorama Ventures acquires 85% equity stake in UCY Polymers CZ
New Indorama Ventures partnership will recycle over 1.6 billion PET beverage bottles in the Czech Republic by 2025
Faerch acquires leading dairy packaging company PACCOR
Faerch to acquire PACCOR Packaging from private equity firm Lindsay Goldberg. The acquisition is yet another important step in the execution of Faerch’s long-term growth plan and in accelerating the industry’s transition towards circular packaging solutions.
Piovan acquires 100% of the American leader IPEG further strengthening its global leadership
The Italian Piovan Group acquires the American IPEG, creating the global leader, with a turn-over of almost half a billion euro, in the field of industrial automation for the processing of virgin and recycled polymers and bioresins. Closing expected within the first quarter of 2022.
