This Week's Top Stories: Wednesday, 27th August 2014
Deceuninck buys PVC window maker Pimas
European building products manufacturer Deceuninck Group has acquired 81.2 percent of Pimas Plastik Insaat Malzemeleri AS, the leading PVC window profile producer in Turkey, for about TRY 57.7m (€20.1m).
Promens to consolidate German packaging plants
Promens, the Icelandic packaging and rotational moulding group, is planning to restructure its packaging operations in Germany with the closure of two blow moulding plants next year. The group’s German subsidiary announced it intends to shut down its Unterrieden bottle blow moulding facility at Witzenhausen in the Hesse region in June 2015, according to the regional newspaper HNA.
German firms combine hybrid part expertise
Possehl Group’s acquisition of TPS Technical Plastic Systems will bring together companies which specialise in the manufacture of hybrid plastic-metal components for the automotive industry. Possehl Electronics Deutschland, based in Niefern-Öschelbronn near Pforzheim, is acquiring TPS from DT Holding for an undisclosed amount.
Weidenhammer bought by US-based Sonoco
Sonoco Products’s acquisition of Weidenhammer Packaging Group of Germany includes plastic packaging technology that the company is targeting for growth in the United States. The deal is worth $383m (€290m) and includes Weidenhammer Plastic Packaging with a plant in Zwenkau, Germany.
South Korea’s Youngsan to open Slovak plant
South Korean manufacturer Youngsan Glonet Corp. has announced plans to set up a new production facility in northern Slovakia. The designed investment is to create about 750 new jobs, reports local news agency CTK.
Reiloy Westland to build new headquarters
Reiloy Westland will build a 4,180 square metre headquarters factory, as the Kansas maker of screws and barrels expands under the ownership of German machinery manufacturer Reifenhäuser Group.
Faerch Plast to double its UK production capacity
Faerch Plast, one of Europe’s leading producers of plastic containers for the food industry, is set to double production capacity in the UK by early 2015 following the planned installation of an additional extrusion line and associated thermoformers at its Durham-based manufacturing facility.
Sunglasses rank most important to stow
Johnson Controls has revealed the results of its “Stuff in Cars” global study, which was in response to the ever growing importance of automotive interior design and the need for quality storage solutions. The study found that people felt that the most important item to stow in a location that is in reach of the driver, secured and easily accessible while driving were sunglasses.
Under the Hood - 23-24 September 2014, Frankfurt|
We are delighted to announce our two day conference UNDER
THE HOOD 2014, the conference will look at the demands on
the materials used in today's car, and look at new
innovations within polymer development, within powertrain
and other under the hood applications.
Companies already in attendance include: Renault,
Volkswagen AG, Ford, MANN+HUMMEL and more. Click here for more information.