The essential briefing on materials, markets, regulation, packaging, recycling, and the people moving the plastics industry forward.
The Italian plastics and rubber machinery industry suffered a turnover drop of three percentage points in 2024 compared to the previous year, according to a forecast by Italian trade association Amaplast. The downturn follows record years in 2023 and 2022. The forecast is based on a survey of 160 Amaplast member companies, which reported a […]
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to […]
Bain Capital has announced its majority investment in the Milacron Injection Moulding and Extrusion business. Hillenbrand, Inc., will remain a significant investor in the company but will now partner Bain Capital as the duo aim to accelerate the growth of the highly engineered plastics processing equipment and services provider. As part of the deal, Bain Capital will purchase an ownership stake of […]
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to […]
Engel has acquired a stake in Electronica Plastic Machines (EPM), an Indian manufacturer of hydraulic injection moulding machines. The terms of the deal were not disclosed. Through the acquisition, the Austria-based injection moulding machinery manufacturer plans to strengthen its presence in the Indian market. EPM’s manufacturing facility in Pune will serve as a hub to […]
ASTANA – Kazakhstan is ramping up agricultural exports while meeting domestic needs, increasing preferential financing in the agro-industrial sector, reforming the subsidy system, and enhancing the production and leasing of agricultural machinery, the Prime Minister’s press service reported on Nov. 11. Rising crop exports According to the Kazakhstan Temir Zholy (KTZ) national railway company, Kazakhstan […]
Machine builder Sumitomo (SHI) Demag has announced plans to reduce staff and make structural changes in production at its German sites. The Oct. 14 announcement blamed weakening demand, which the company said is down 50 percent in 2024. Plastics processors in the automotive, electronics and construction industries haven’t been investing in their machine fleets, according […]
Italy-based Moretto will unveil the GR 6050 HYPER CUT, a starve-feeding granulator equipped with 15 movable blades. Designed to process waste materials like sprues and blowed parts, the granulator features a 160-degree grid that promises increased productivity and reduced energy consumption, in line with the key themes of this year’s Fakuma. Also on display will […]