Evonik breaks ground on new PA12 plant in Marl

Seeking to expand its presence and grow new business in Europe, Kiev-based manufacturer of masterbatches and additives Technocom LLC has recently opened a new trade office in Slovenia.

In an interview, Arne Festerling, sales manager at German extrusion lines specialist Entex Rust & Mitschke GmbH, elaborated on different subjects including recycling, sustainability as well as growth in China, where competition in the machinery sector is significantly tight.

Leading industry players and academic institutes have set up a new network to advance the development and integration of plastics processing technologies and foam systems.

Spot prices of monoethylene glycol (MEG) and polyethylene (PE) have spiked in Asia, following news of the drone attacks on oil facilities in Saudi Arabia over the weekend, according to London consulting firm Wood Mackenzie.

German materials supplier Covestro AG is further streamlining its portfolio with the sale of its European polycarbonate (PCS) sheets business to German Serafin Group for an undisclosed amount.

Pietro Scattarreggia has taken over the leadership of Demag Plastics Machinery Ningbo Co. Ltd from Stephan Greif, who led the company for close to two decades.

Lanxess subsidiary Bond-Laminates GmbH has commissioned two new production lines for Tepex continuous fibre reinforced thermoplastic composites at its production site in Brilon, Germany.

Drone attacks on two of Saudi Aramco’s facilities in Abqaiq and Khurais, in eastern Saudi Arabia, have led to feedstock supply disruption at some of the key petrochemical complexes in the country.

UK materials group Haydale has been awarded funding by the European Space Agency (ESA) for a “technology de-risking project” involving the development of non-metallic gas tanks for spacecraft propulsion systems.

Truman's Cleaning LLC, a direct-to-consumer startup that makes concentrated hard-surface cleaning products, has raised a $5m minority investment led by German consumer-products giant Henkel AG & Co. KGaA.