news
IMCD and Dow extend agreement
IMCD is to distribute Dow’s Paraloid impact modifiers and Surecel processing aids in Germany, Austria and Switzerland from 1 March, and in the UK from 1 June. The new agreement is an
extension of a long-estab- lished partnership between the two companies. It also complements the recent appointment of IMCD as Dow’s pan-European distributor for its Tyrin chlorinated PE range. Paraloid, Tyrin and
Surecel additives are used as impact modifiers and processing aids in a wide range of PVC compounds. ❙
www.imcdgroup.com ❙
www.dow.com/additives
GKV: German plastics processing rises in 2014
German plastics processors increased their turnover again last year, showing accelerated growth compared to 2013 – and faster growth than the economy in general. Total sales in 2014 in-
creased by 2.6% to reach €59bn (US$67bn) according to
Dirk Westerheide, president of trade association GKV, which produced the figures. “This achieved a new
record,” he said. Domestic sales were up 1.9% to €37.8bn (US$43bn),
while exports grew 3.4% to €21.2bn (US$24bn). At the same time, the amount of material processed, at 13.6m tonnes, rose by 3%. The rise in the number of employees in
Westerheide: “Sales in 2014 achieved a new record”
the sector’s 2,866 companies also grew by 2.6% in the same period, he added. “The mainly medium-sized companies in our industry
added significant jobs in Germany in 2014,” said Westerheide. “Our industry now has more than 311,000 employees, which continues the upward trend of recent years.”
He was confident for the
coming year, based on the latest survey of GKV members: 63% of respondents expected increased turnover this year, while 30% expected no change and 7% predicted reduced turnover. However, he said that
Germany’s high energy costs – which continue to rise because of the expansion of renewable energy – could derail this growth in future. ❙
www.gkv.de
Rapid Granulator returns to Swedish hands
Swedish size reduction company Rapid Granulator has changed hands – switching from US-based Ipeg to Sweden’s Lifco.
Rapid is based in Bredaryd,
Sweden, while its North American operations are in Cranberry Township, USA. All Rapid employees are expected to remain with the company, other than CEO Kirk Winstead, who will remain within Ipeg. Republic Machine, previously a division of Rapid Granulator Inc, is now a subsidiary of Ipeg and will remain within the group. Other Ipeg companies – such as ancillary supplier Conair and shredder manufac- turer Republic Machine – will
www.pipeandprofile.com
not be impacted by the sale. Eldan Recycling is a global supplier of recycling equip- ment and systems for
processing tyres, cables, aluminium and various other scrap materials. It does not have its own granulator
product line, so the Rapid acquisition is complementary to its activities. Toni Reftman, managing
director of Lifco subsidiary Eldan Recycling, will assume responsibility for the Rapid business.
“This acquisition will bring
together two companies that are able to offer a fully complementary portfolio – making us in effect the world’s largest recycling machine company in our field,” said Reftman. ❙
www.rapidgranulator.com
Eldan’s Toni Reftman will also assume responsibility for the Rapid business
March 2015 | PIPE & PROFILE EXTRUSION 5
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