NEWS
Hexpol acquisition helps its wire and cable market offering
Swedish polymer group Hexpol has acquired Vipa, a compounder with a focus on the wire and cable market. Vipa Group, headquar-
tered in Ancarano, Italy, is being acquired from the Paolini family who founded it in 1969 and has since developed the business into a profitable specialty compounder. Current CEO Nicola Vigolo will continue to manage Vipa as a subsidi- ary within the Hexpol organisation. “The acquisition marks an
important step in executing the growth strategy for the new business area Thermo- plastic Compounding that
Recycler is back in business
UK-based chemical recycler Plastic Energy has come out of administration with a new ownership structure and confirmed the return of founder Carlos Monreal as CEO. The company’s proprietary TAC technology will remain at the core of the business, with operations and development continuing across Europe and at its research labs at Loughbor- ough University in the UK. TAC technology has
processed over 40,000 tonnes of plastics to date. �
https://plasticenergy.com
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of €76.4m, around 80 employees, and capacity to grow within the current footprint. Vipa Group will signifi-
IMAGE: VIPA Vipa Group is headquartered in Ancarano, Italy
was presented at our Capital Markets Day in November 2025,” said Peter Rosén, acting CEO of Hexpol. “It also demonstrates our ambition to build a leading thermoplastics platform
through both organic growth and acquisitions.” Current Vipa operations include two production sites in Italy, as well as a state-of- the-art R&D centre. In 2025 the company had a turnover
cantly strengthen Hexpol’s wire and cable offering with exposure to electrification, data centres, telecom, and smart buildings. With this greater critical mass in its offering to the wire and cable industry, Hexpol said its subsidiaries Hexpol Izmir and Hexpol Vilafranca will become part of the Thermo- plastic Compounding business area instead of its Rubber Compounding business area. �
www.hexpol.com �
https://vipa.it
Econ forms subsidiary in Brazil
Austrian pelletising special- ist Econ has opened a new subsidiary, Econ Brasil, in Antônio Carlos in the state of Santa Catarina. “We see significant potential in Brazil, particu- larly in the compounding sector,” said Dominik Kline, CEO of Econ Brasil. “Our customers need stable and
flexible processes for a wide range of materials. This is where our technology and local presence provide genuine added value. The combination of global innovation and local proximity is key.” The new Brazilian
location combines sales, service, assembly, and
logistics. Spare parts and machine assemblies are stocked locally, ensuring significantly shorter re- sponse times, said the company. Econ’s international network also includes locations in the US, China and India. � Econ LinkedIn page
Norway chemical recycling agreement
Ineos and Norwegian recycler Recuro have signed a Memorandum of Under- standing to develop a 33,000 tonnes/yr chemical recycling facility at Ineos’ Bamble site in Norway. The initiative, named Full Circle,
COMPOUNDING WORLD | September 2026
is designed to combine environmental responsibility with economic viability. By reusing an existing industrial site, optimising infrastructure, and locating the plant next to a steam cracker facility, the company
can recover and reuse both oil and gas streams. Ineos intends to use the
recycled product to pro- duce ethylene at its Rafnes cracker. �
www.ineos.com �
www.recuro.no
www.compoundingworld.com
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