
Big boost in order intake for Sumitomo (SHI) Demag in Wiehe
Sumitomo (SHI) Demag Plastics Machinery GmbH, is pleased about the high level of capacity utilisation at its factory in Wiehe, located in the state of Thuringia in Germany.
Sumitomo (SHI) Demag Plastics Machinery GmbH, is pleased about the high level of capacity utilisation at its factory in Wiehe, located in the state of Thuringia in Germany.
PET maker Selenis Canada Inc. has started production at its Montreal facility.
The products made by these two companies, operating in the plastic processing machine automation sector, complete the Negri Bossi injection machine range.
BASF has had a powerful start to 2011. Capacity utilization rates in the company’s plants were good; in particular, demand in the chemicals business (Chemicals, Plastics, Performance Products, Functional Solutions) increased compared with the same quarter of the previous year. Sales grew by 25% to €19.4 billion.
Demand for Krones’ products and services has steadily increased since the beginning of 2011.
Having put the aftermath of the global financial and economic crisis quickly behind it, the plastics and rubber industry is now demonstrating its capacity for innovation and growth. Worldwide, it is thought to have outstanding prospects for the future.
AMI’s 3rd annual international conference on PVC compounding was held in Dusseldorf, Germany to debate the latest innovations in vinyl additives and recipes.
Ticona, the engineering polymers business of Celanese Corporation, is among the worldwide top suppliers of Continental AG and Schaeffler GmbH.
Chemical giant Bayer says overall net profit grew 8.4% to €684m during the first quarter, with sales of plastics and polyurethanes on the up.
The plastic bottle blowmolding giant is adding to its presence in the machine manufacturing market with its decision to purchase Techne, an Italian manufacturer of extrusion blowmolding machinery.
The German plastics processing sector rebounded in 2010 with 14 percent sales growth, reaching to 51.3 billion euros ($74.3 billion).
FINAT, the European association for the self-adhesive label industry reports that demand for self-adhesive label materials in Europe has continued its strong recovery in 2010.