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UK Business Secretary Vince Cable yesterday praised the progress being made by moulder and processor Rosti and called for more to be done to attract investment from overseas to help more domestic firms take advantage of the recovering economy. 30 July 2014
Belgium-based flooring company Beaulieu International Group will build a manufacturing plant in Cartersville, Georgia, giving the business its first US headquarters in a state where vinyl tile, rugs and carpeting are part of a rebounding economy. 16 July 2014
Two Polish plastics manufacturers are planning to launch their production facilities in Poland’s Tarnobrzeska special economic zone (TSSE). The investments will be worth at least 36m (€8.7m), the zone said in a statement. 10 June 2014
Michael Kundel CEO at Renolit in Germany has been elected as the new EuPC president. Kundel is succeeding Bernhard Borgardt who chaired EuPC for the last 6 years. 9 June 2014
Dutch plastic pipe manufacturer Wavin has announced the opening of the Wavin Academy in Adana, Turkey. 9 June 2014
The leading European business group in China said in a 29 May report that its companies are scaling back investment plans as China’s economy slows and challenges like rising labour costs, regulatory issues and market access become more entrenched. 30 May 2014
Sibgazpolimer, a joint venture between Russian oil giant Gazprom Neft and petrochemicals producer Sibur, has agreed to acquire a 50% stake in the Omsk polypropylene plant (Polyom) in southern Siberia. Russia's Titan Group, based in Omsk, invested €280m to launch the PP plant in April 2013 has already exceeded its nameplate 180,000 tpa capacity. 28 May 2014
Italian plastics equipment major Sacmi Group’s offerings are getting a US identity. Sacmi has sold its plastics division to Kingsbury, a machinery firm based in Rush, New York, for undisclosed terms. The deal became official on 11 April, when Sacmi announced it. 15 April 2014
The initial executive committee of the World Plastics Council (WPC) has held its first meeting in Shanghai, China. 28 March 2014
Economies in the Eurozone have seen their strongest spell of growth for nearly three years, according to new data. 25 March 2014
Composites materials and components group Gurit has announced its 2013 annual results, showing that its net sales dropped by 19.9% from 2012. Switzerland-based Gurit saw its net sales drop to CHF 281.1m (€231m) in 2013, down 19.9% from CHF 351m (€289m) in 2012. 17 March 2014
Eastman Chemical has acquired window film maker Commonwealth Laminating & Coating for an undisclosed price. 17 March 2014
Switzerland-based Adval Tech, a company which focuses on injection moulding and metal stamping, has announced it is to consolidate its entire mould construction business under the brand name Foboha.  14 March 2014
Belgium-based EuPC, the European group of plastics converters, has continued its support of the Transatlantic Trade and Investment Partnerships (TTIP) as the fourth round of trade negotiations between EU and US representatives begins. 11 March 2014
Germany’s BASF SE is planning to increase its research activities in Asia and North America, with a target of doing half of its research and development outside its home base. 11 March 2014


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