NEWS Sikora to become part of Maag


Global engineering manufacturer Dover has entered into a definitive agreement to acquire Sikora for €550m and will fold the measurement technology company into Dover’s Maag business. Demand for Sikora’s products continues to increase as the trend towards electrification accelerates, and it has notched double-digit organic growth over the last three years, generating around €100m in revenue in 2024. On completion, Sikora will become


part of Maag’s Pumps & Process Solutions segment, where it is expected to accelerate Maag’s capabilities in machine learning, industrial IoT, and AI-driven technologies. “Sikora represents a highly-strate- gic acquisition for Maag,” said Ueli Thuerig, Maag’s President. “The company’s products address similar customer needs to Maag’s products in resin-related markets, and its offerings provide Maag with increased expo- sure to highly-attractive market


Lehvoss


distribution agreement


Compound producer Lehvoss has announced a strategic distribution agreement with PolySource covering North America. The collaboration will


cover Lehvoss’ extensive portfolio of materials including wear and friction-optimised com- pounds, PFAS-free solutions, PEEK-based formulations, and electri- cally and thermally conductive plastics. �www.lehvoss.de �www.polysource.net


4


Sikora has its headquarters in Bremen, Germany


adjacencies where we have existing industry knowledge and customer relationships. Our shared capabilities and go-to-market overlap will gener- ate material cross-selling benefit with a highly complementary portfolio of products and technologies, deepen- ing our joint value proposition and integration with our OEM partners and end customers.”


Maag is also positioning itself as a


strong player in the Indian market with a new subsidiary in Vadodara. With a


growing number of customers in the polymer, chemical and petrochemical industries, in recent years India has developed into an important market for the company. As a provider of custom- er-specific systems and integrated solutions, Maag India focuses on localised products so customers benefit from machines being precisely tailored to their requirements. � https://sikora.net � https://maag.com � www.dovercorporation.com


PCR polycarbonates made from automotive waste


Covestro has introduced a new line of post-consumer recycled (PCR) polycarbon- ates made from end-of-life automotive headlamps, developed through a joint program initiated by the German federal enterprise GIZ, with Volkswagen and NIO as key partners. The TÜV Rheinland-certi-


fied grades contain 50% recycled content and are now commercially available, with Volkswagen and NIO said to already be validating the material for potential future use.


COMPOUNDING WORLD | May 2025 “This new line of polycar-


bonate represents a significant step in support- ing the automotive indus- try’s transformation towards a circular future,” said Lily Wang, Global Head of the Engineering Plastics Business Entity at Covestro. “By offering high-quality PCR materials derived from end-of-life headlamps, we’re enabling our customers to meet increasingly stringent regulatory requirements while contributing to closed-loop recycling of automotive plastics.”


Under the initiative,


Covestro has been collabo- rating with partners, including Chinese recycler Ausell and leading au- tomakers, to establish closed-loop pathways from end-of-life vehicles (ELVs). The introduction of these new grades comes at a critical time as the automo- tive industry, one of the most resource-intensive sectors, faces increasing environmental challenges and regulatory pressures in the EU. �www.covestro.com


www.compoundingworld.com


IMAGE: SIKORA


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56