NEWS
Holland Colours sales up
Holland Colours saw 1H 2019 revenues grow by 14.5% to €52.3m from €45.6m in the same period in 2018. Operating result rose from €4.6m to €6.1m over the same period. The company said
around 2.5% of the increase was due to the strength of the US dollar, but the result mainly reflected strong growth across its business and in packaging in particular. In Europe, revenue
growth was up 13%, driven by volume increases. Operating result ended at €2.1m, up from €1.3m. The Americas division was up 8% in constant currency terms, with packaging the strongest contributor. Operating result was up 40% at €1.4m. Asia division revenues were 14% ahead and operating result up 42% at €1.7m. Separately, Holland
Colours announced that CFO Margret Kleinsman has resigned. The company said the search for a successor is underway. �
www.hollandcolours.com
Gabriel-Chemie keeps strategy in the family
Colour and additive masterbatch maker Gabriel- Chemie has named Stefanie Sommer, the daughter of CEO and owner Elisabeth Sommer and granddaughter of company founder Josef Houska, to the new position of chief strategy and sustainability officer (CSO) with immediate effect. Sommer’s role will include assisting the Gabriel-Chemie board in creating its strategic goals and her core responsibilites will include formulating and transferring company and strategic ambitions into operational initiatives.
She will also further develop Gabriel-Chemie’s sustainability-strategy, which already includes near- infrared detectable and
post-consumer recycled masterbatches as well as technologies that support the ambitions of the Circular Economy. One example in the latter
Stefanie Sommer takes on strategy and sustainability role at Gabriel-Chemie
area is reusable packaging made with the company’s laser marking masterbatch. This has been used in combination with the EcoCore manufacturing technology platform for containers developed by Bockatech. It enables producers to add unique identifiers, such as QR codes, to boost reuse and recycling via smartphone apps. �
www.gabriel-chemie.com
Ampacet launches R3 concept
US-based masterbatch giant Ampacet has officially launched R3 Sustainable Solutions, an internal initiative that includes sustainable masterbatch and additive products, participation in global sustainability programmes and collaboration on recycling and conservation projects with communities and organisations near its plants. The name R3 derives from ‘reduce, reuse
and recycle’. Its aim is “to help customers reduce waste and energy in manufacturing processes and products, reuse more
post-consumer and post-industrial resins in finished products and recycle a higher percentage of their products,” according to Doreen Becker, Ampacet’s Sustainability Director. The company said that teams
representing all disciplines within its organisation—including manufacturing, R&D, regulatory, marketing, sales and procurement—are working with schools and local recycling and conservation groups. �
www.ampacet.com
US forum for trends in technical compounding
AMI’s Technical Compounds Forum takes place in Tampa, Florida, US, on 3-4 December, presenting the North American compounding sector with the opportunity to learn more about the market and technical challenges facing the sector. The event—formerly known as the Compounding World Forum—brings
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together a long list of expert speakers from key companies including Budenheim, Cabot, Clariant, Coperion, Imerys, KraussMaffei, M Holland and Whirlpool. Topics on the agenda range from the polymer needs of the appliance industry, through the performance requirements of electric vehicles, to
COMPOUNDING WORLD | November 2019
technical demands for 5G antennae. AMI Director of Events and Magazines and Compounding World launch editor Andy Beevers will also present an exclusive analysis of global thermoplastic compound market trends. To find out more or to book a place visit the conference website
www.compoundingworld.com
PHOTO: GABRIEL-CHEMIE
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