According to the BASF Group, sales for the full year 2023 are expected to amount to €68.9 billion. This figure is below BASF's forecast range of €73 billion to €76 billion and below analysts' average estimates for 2023. Sales in the previous year 2022 amounted to €87.3 billion. Income from operations (EBIT) before...
Pharma and recycling expansion, new markets and products: Alpla invested in further development and growth in 2023. The global packaging and recycling specialist closed the financial year with turnover of €4.7 billion. Lower material and energy costs paired with exchange rate factors resulted in a moderate drop in...
Rentschler Biopharma, a global contract development and manufacturing organization (CDMO) for biopharmaceuticals, announced that the company has secured a major client for the new Rentschler Biopharma Manufacturing Center (RBMC) facility at its manufacturing site in Milford, Massachusetts. The RBMC is planned to be...
Wittmann in China has a new managing director. Kevin Wang is responsible for sales and service in eastern and northern China with the Shanghai branch and also manages the production plant in Kunshan. Jonathan Ching is leaving the group of companies after 21 years and is retiring. "We are highly gratified to have found...
Clariant is celebrating the 40th anniversary of the Belen, NM, USA desiccant manufacturing site. Beginning in 1983 with Desi Pak bentonite clay desiccants, the site has developed a range of innovative products for varied industries including intermodal transport, electronics and semiconductors, aerospace and defense,...
Brau Beviale 2023 in Nuremberg can look back on three emotional days. With Thursday's final day, Europe's leading trade fair for the brewing and beverage industry got back on track after a four-year break. Rolf Keller, Managing Director of organizer Yontex, is appropriately satisfied: "With strong visitor demand from...
This summer, Arburg took another important step towards an even greater global presence. The company has opened a new branch in Ho Chi Minh City in Vietnam. The main aim is to bring Arburg's products and services closer to local customers in Vietnam. With the new subsidiary in Vietnam, the machine manufacturer is now...
Klöckner Pentaplast (KP) has taken a remarkable step towards sustainable packaging design for the European fresh protein market with "kp Elite", the MAP modified atmosphere tray made from 100 percent recycled PET (rPET), creating a fully closed-loop packaging system for the industry. At the heart of the new packaging...
Croatia's accession to the European Union has also brought the topic of recycling into focus. The aim here is to implement the EU's waste directives and current targets and, above all, to drive forward the circular economy at national level. The EU target of recycling more than 65 percent of municipal waste by 2035...
The automotive industry is working intensively on decarbonization and smarter solutions. New material developments can make an important contribution to achieving this goal. Against this background, Covestro and the Chinese premium electric vehicle brand Hiphi have opened a joint laboratory at the China International...
