DuPont and Dow to Combine in Merger of Equals

14.12.2015 Section: News of branch

DuPont and The Dow Chemical Company today announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stock merger of equals. The combined company will be named DowDuPont. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies through tax-free spin-offs. This would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger, subject to regulatory and board approval.

The companies will include a leading global pure-play Agriculture company; a leading global pure-play Material Science company; and a leading technology and innovation-driven Specialty Products company. Each of the businesses will have clear focus, an appropriate capital structure, a distinct and compelling investment thesis, scale advantages, and focused investments in innovation to better deliver superior solutions and choices for customers.

“This transaction is a game-changer for our industry and reflects the culmination of a vision we have had for more than a decade to bring together these two powerful innovation and material science leaders,” said Andrew N. Liveris, Dow’s chairman and chief executive officer. “Over the last decade our entire industry has experienced tectonic shifts as an evolving world presented complex challenges and opportunities – requiring each company to exercise foresight, agility and focus on execution. This transaction is a major accelerator in Dow’s ongoing transformation, and through this we are creating significant value and three powerful new companies. This merger of equals significantly enhances the growth profile for both companies, while driving value for all of our shareholders and our customers.”

Global market for aluminium aerosol cans declines slightly in first half of 2015 AEROBAL nevertheless cautiously optimistic

21.10.2015 Section: News of branch

Following years of continuous growth during which the production figures for the aerosol can industry raced from one record to the next, the market has now finally taken a pause for breath. AEROBAL, the International Organisation of Aluminium Aerosol Container Manufacturers, reported a small decline in production worldwide of one per cent year-on-year for the first half of 2015.

AEROBAL’s secretary general Gregor Spengler does not find the figures particularly disturbing: “After years of unabated growth it is only natural that there is consolidation in the market that can then simply lead for once to a slight decline in demand and production. If one considers the extremely difficult economic situation worldwide and the general political situation and takes the record level from last year into account at the same time, this small halt in growth is not a disaster for goodness sake.”

European tube market stable despite difficult business environment

21.10.2015 Section: News of branch

Despite experiencing difficult economic conditions, European tube production remained stable in the first half of 2015. The member companies of etma, the European tube manufacturers association, reported almost the same total production in the first six months of the current year as was reported for the first half of 2014.

“Overall, demand can be seen as positive,” says etma Secretary General Gregor Spengler. “Production remained at the previous year’s level despite the ongoing financial crisis in Greece, some economies in the eurozone continuing to flag and the uncertain situation in Russia and the Ukraine with its associated economic sanctions. Overall, this result is therefore satisfactory and it fills me with confidence regarding the future development of the European tube market. I also interpret the expectations of most member companies as being cautiously optimistic.”

The lower-than-expected economic growth in the so-called BRIC countries will hardly have any effect on demand because the lion’s share of etma members’ tube production remains in Europe.

Crisis does not deter international suppliers to the Russian market

16.02.2015 Section: News of branch

While Russia’s weak rouble, the dramatically declining oil prices and the challenging political situation are affecting the Russian market for packaging and process technology and for plastics and rubber, business has by no means come to a grinding halt. Russia and its neighbours still have a substantial demand for investment and an unbroken interest in advanced machinery, production and process technology and high-tech materials. The domestic food processing and packaging industry is under pressure to improve its competitive edge so as to substitute the decline in imports. Hence, business owners and industrialists are keen to find out more about innovative technologies and maintain or establish business contacts with suppliers, even if business projects cannot be rolled-out immediately.

Accordingly, there was a keen interest in the two major trade fairs for processing, packaging and printing, plastics and rubber, UPAKOVKA/UPAK ITALIA and interplastica 2015. While many of them were regular visitors, there were also numerous company representatives, who attended the fairs because they expected the current market changes to improve their sales opportunities. Between 27 January and 30 January 2015, some 19,000 visitors from Russia, CIS and neighbouring countries attended both events. About 950 exhibitors from 35 countries presented their products at Moscow’s EXPOCENTRE in Krasnaya Presnya.

VDMA: Fall in the rouble makes future unpredictable

20.01.2015 Section: News of branch

The depreciation of the rouble and a lack of investment activity have been impacting German mechanical engineering companies’ business in Russia since mid-2013. In the first three quarters of 2014, mechanical engineering exports to Russia fell by 16% to EUR 4.9 billion. The current fall in the rouble significantly exacerbates the situation for mechanical engineering firms operating in Russia and means that investments are unlikely to pick up in the near future.

“Russia is a very important market for German mechanical and plant engineering, and the risks arising from the current situation for the coming year are growing by the hour at present,” explains Ulrich Ackermann, Head of VDMA Foreign Trade in Frankfurt. “However, the German mechanical engineering industry is very well diversified internationally. For the sector as a whole, as opposed to individual companies, there is no dependency on the Russian market.”

Russia is currently the fifth most important market for German mechanical and plant engineering, accounting for 4.4% of total German machinery exports in the first nine months. In 2013 Russia was the fourth most important market for German machinery exporters and accounted for 5.2% of the total volume.

UPAKOVKA 2015: Bosch highlights complete systems competence

16.01.2015 Section: News of branch

Bosch Packaging Technology and POLO, the company’s long-standing partner in Russia, will be spotlighting a Bosch’s concept on the Russian market called Module++. This concept provides unlimited possibilities to link Bosch’s proven standard modules to create adaptable and scalable end-to-end processing and packaging lines. With a presence in the Russian market of more than 20 years, Bosch offers complete solutions for the Russian confectionery, bakery, chocolate, dairy and snack industries. Its portfolio includes processing, filling, dosing and packaging equipment, giving manufacturers the benefit of a single-source solutions provider for their entire production line.

“For food and non-food manufacturers to be successful in today’s dynamic market, they must be fast, flexible and forward-thinking,” said Martin Tanner, director business development and marketing, product division confectionery and food, Bosch Packaging Technology. “Bosch’s Module++ lines empower manufacturers by giving them the ability to adapt to change and shape their evolving businesses. It offers the ultimate in format and pack style versatility.”

Closed circuit for PET bottles

16.01.2015 Section: News of branch

The gentle treatment of resources and economical use of materials are a must when it comes to sustainable production. Valuable raw materials such as PET must be processed as efficiently as possible while still tapping into every way of saving costs. The PET manufacturing and production process allows for the application of a sustainable approach which can optimally combine environmental awareness and cost effectiveness: the bottle-to-bottle recycling concept.

The Krones MetaPure bottle-to-bottle recycling plant efficiently recycles used PET bottles - and the recyclate is then reused in the food and beverage industry as recycled PET (rPET). The complete process comprises the cleaning of the used PET bottles and the treatment of the recyclate so that the end product - which could come in the form of flakes, pellets or preforms - can meet the highest quality requirements after the recycling process. European and American certificates (e.g. FDA), and a number of different corporate approvals, all confirm the high quality of the recyclate for direct use in containers which come into direct contact with foodstuffs.

Anhui Guofeng is still intensifying specialty film production – based on Brueckner technology

06.11.2014 Section: News of branch

Renowned Chinese film producer Anhui Guofeng Plastic Industry Co., Ltd. is one of the pioneers within China’s plastics and packaging sector. Their first BOPP film line goes back to 1985, in 2003 they were the first to order a 10m wide stretching line for China – both projects accomplished together with Brückner.

After several more successfully running lines for the manufacture of high quality BOPP and BOPET packaging films Anhui Guofeng wisely extended their portfolio in 2013 with the production of thin capacitor films and thermal transfer ribbons (TTR) on a Brückner specialty film line.

Now both long-term partners have teamed up for another exciting new cooperation. The recently signed 8.7m wide high speed BOPP line (speed: 525 m/min) is designed to produce highly special multi-layer packaging film – specifications and applications are strictly confidential but will surely conquer new markets for Anhui Guofeng.

Brückner Maschinenbau is looking forward to this new project and assures first class engineering as well as the utmost reliability in planning and commissioning.

Superlight Krones PET bottle wins iF packaging design award

06.11.2014 Section: News of branch

Lightweights can be pretty impressive as well: an ultralight PET bottle from Krones was a winner in the “Beverages” category at this year’s iF packaging design award. In recognition of this achievement, the “PET lite 9.9 carbonated” can now proudly wear the internationally prestigious iF Label.

The innovative bottle is suitable for being filled with carbonated beverages, and has a capacity of 500 millilitres. It tips the scales at a mere 9.9 grams – making it 30 to 45 per cent lighter than comparable PET containers at present on the market.

The lightweight bottle has been developed by a design team at Krones that’s already won several awards for its innovative packaging solutions. One of the designers’ paramount priorities is to develop containers that are both supremely marketable and at the same time eco-friendly. Like the PET lite 9.9 carbonated, which marries affordability to ecological interests. Since it can be produced with minimal expenditure of energy and material, it’s a true lightweight, not least in terms of production costs and minimised environmental impact.

Brueckner Maschinenbau at Interplastica 2015

31.10.2014 Section: Press releases

At Interplastica 2015 in Moscow (Booth FOB46) German Brückner Maschinenbau presents latest solutions that help film producers to become more productive and profitable.

Highly efficient lines for commodity film production

Whether it’s BOPP or BOPET commodity packaging film: Manufacturers are looking for technologies that optimize overall performance and minimize operating costs for large and small lots. Visitors at the Brückner booth will see latest solutions for optimal raw material utilization and thus low resin costs, improved operating stability, high line uptime and low energy consumption. Brückner’s film stretching lines offer working widths, production speeds, outputs and flexibility unmatched within the industry.

Developments presented include brand-new energy saving measures in both, thermal and electrical respect. One of the highlights will be the “Intelligent Line Management” (ILM) including an energy monitor for measuring and analyzing the energy consumption of the film production process based on the international standard ISO 50001.

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