Despite declining sales and a halved net profit for the fourth quarter of 2019, Covestro achieved its targets, said CEO Markus Steilemann. “We have a solid financial base,” he stressed, speaking at the annual financial press conference in Düsseldorf 19 February.
Using state-of-the-art technologies developed by Norwegian sorting expert Tomra, post-consumer polystyrene waste content can now be sorted with extremely high final product purity, Ineos reports.
As Interpack, the packaging trade fair in Düsseldorf that comes around once every three years, approaches, a number of themes are starting to emerge.
Plastics machinery producer Engel Austria has a longstanding market presence in Japan. The company is now underpinning that position with the founding of a new sales and service subsidiary in Tokyo.
Last week Friday saw the inauguration ceremony for the new Graf Competence Center for Raw Materials in Herbolzheim, Germany, a €35million investment made by Otto Graf GmbH, to set up plastics processing and recycling facilities that will ensure a constant and consistent supply of raw materials to the company.
An innovative pilot blockchain project at BASF is demonstrating how sophisticated blockchain technology can serve to promote what the company describes as a ‘more competitive circular plastics supply chain’.
Barcelona-based Kompuestos, a producer of sustainable compounds for plastics has announced the appointment of two new proprietary directors. The new members of the board of directors are Gant Finance, SA and Gestión y Administracion Mobiliaria S.A, represented by Luis Vázquez and Santiago de Gomar Roca respectively.
Machine manufacturer Windmöller & Hölscher, specialised in the flexible packaging market, is pushing ahead on the development of a range of sustainably designed sample flexible packaging products, with the aim of showing the market the wide range of options available in the field of sustainability and how these can be ‘efficiently produced using both cast film and blown film processes on W&H lines’, explained Dr. Lennart Ederleh, head of technical sales blown film at W&H.
Chemical company Versalis is launching the aptly named Hoop project, aimed at the development of a new technology to chemically recycle plastic waste, the company has announced.
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25-26 March 2020