Beleaguered Italian bioplastics company Bio-On spa has announced that it is suspending any type of payment, including to employees, suppliers and credit institutions, due to an ongoing judicial investigation.
Industrial systems supplier Hydratec Industries NV is in the final stages of negotiations with financial services company Wadinko to acquire a majority shareholding in two Dutch plastics machinery businesses.
German film and sheet manufacturers RKW SE in and Renolit SE have completed a restructuring of their ownership, which will see the two companies split between the owner families of JM Holding GmbH & Co. KGaA, formerly the parent company of the two firms.
Akron, Ohio-based testing, consulting and compliance service provider Smithers is consolidating its various operations under a single brand identity, a refreshed logo and new tagline, the company announced 12 Sept.
German manufacturer of plastic moulded parts Thomas Lorez Industrietechnik GmbH has relocated its production facility from Thuringian Forest, in central Germany to a 60,000-square-metre site in Spenge in Lippe, North Rhine-Westphalia.