NEWS
US machine shipments up in Q3 Italian
Shipments of primary plastics processing machin- ery in North America were up by near 9% year-on-year in Q3 2021, according to data from the Committee on Equipment Statistics (CES) at the US Plastics Industry Association. Preliminary CES estimates put shipments at $334m for the quarter, up by 4.0% on Q2 and 8.8% on Q3 2020. Shipments of twin-screw extruders saw the biggest gains — up by 44.4% and 61.2% respectively. Single- screw extruders saw growth of 7.2% and 15.9%, while injection moulding machin- ery shipments grew by 1.6% and 5.7%. The performance was in line with higher plastics production and the contin- ued recovery in the US
Polygiene grows in biocides
Sweden’s Polygiene, through its wholly-owned subsidiary Addmaster (UK), has acquired the SteriTouch antimicrobials business from UK-based Radical Materials for £3.5m. The company said buying the SteriTouch business will increase its share in the market antimicrobial products for plastics. SteriTouch sales amount- ed to £1.4m last year, according to Polygiene. �
www.polygiene.com
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machinery picks up
economy, said Plastics Industry Association Chief Economist Dr Perc Pineda. According to CES, 76% of machinery executive respondents to its latest quarterly sentiment survey expected market conditions to either improve or hold steady in Q4, while 75% expected a similar outlook for the following 12 months. “Data we’re seeing
confirm our prior projec- tions that the outlook for plastics machinery in the second half of 2021 is positive albeit shipments will continue to fluctuate. The likelihood that supply chain issues will continue to be a headwind in 2022 remains high. The globe is still emerging from the pandemic,” said Pineda. �
http://plasticsindustry.org
Italy’s plastics and rubber machinery manufacturers saw a 14% increase in sales for the first nine months of last year, fuelled largely by healthy domestic demand, according to industry association Amaplast. Incoming orders rose by 41% over the period. Amaplast said sales
grew 17% in Q3 compared to the same period in 2020, and orders were up by 30%. Expectations for Q4 are positive, with revenues expected to come in some 60% up on Q4 2020. �
www.amaplast.org
Piovan boosts global scale with acquisition of IPEG
Italian materials handling systems maker Piovan has continued its global expansion with the purchase of US-based IPEG — parent of Conair, Thermalcare, Pelletron and Republic Machine — for around $125m. The move creates a global equipment business with 14 facilities and 1,800 employees worldwide and total sales of more €450m (based on pro forma results for the year to 30 September 2021). “The acquisition of such an important American
COMPOUNDING WORLD | February 2022
player and the merger of two of the largest compa- nies in the world in the field of industrial automation for the processing of virgin and recycled polymers and bioresins will allow us to achieve important growth opportunities on a global scale,” said Filippo Zup- pichin, CEO of Piovan Group.
“It will also allow Piovan
Group to access a formida- ble customer base in North America, with the possibility — thanks to the international set up of Piovan Group — to follow the investments of
the main American multina- tional corporations in the world,” he said. Piovan said it also
expected to benefit from acquired production capacity in India and the possibility to produce chillers in the US. The move puts the newly
acquired IPEG group companies alongside Piovan’s existing US-based auxiliaries supplier Una-Dyn, and its European-based Aquatech, Doteco, Energys, FDM Penta and Progema subsidiaries. �
www.piovan.com
www.compoundingworld.com
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