NEWS IN BRIEF...
In 2024, Aimplas carried out 299 R&D&I projects with 652 participating companies, surpassing €24m in revenue.
https://www.aimplas.net/
Syensqo has announced the launch of HYRA, which stands for Hydrogen Related Applications, a brand extension that will be used to identify polymer materials in its portfolio. It will differenti- ate standard grades of polymers from those designed to respond to the specific requirements imposed by hydrogen operating environments.
www.syensqo.com
Celanese is launching Chemille, a digital assistant platform for advanced material selection intend- ed to transform how design engineers access data and provide predic- tive insights and custom- ised recommendations, enabling users to save time, reduce risk and cut development costs.
www.celanese.com
Simona profits fall in 2024 despite sales rise
Germany-based Simona says that profits declined in 2024, despite an increase in sales volumes. Group revenue fell
around 3% to €581 million, while profitability (EBIT) declined by 27% to nearly €39m.
All three sales regions
reported downturns. Sales in the EMEA region fell by nearly 4% compared to the previous year, and by 2% in the Americas – despite high demand from the chemicals and semiconductor indus- tries. Plastic sheet accounts for the bulk of business in this region. In Asia-Pacific, business fell by around 3%, though it held on to business in China and India. In terms of business lines, the industry division saw a 5% dip in revenue, despite higher volumes. This was driven by lack of demand for fluoropolymers. Infra- structure enjoyed a 7% rise, thanks mainly to the market for energy transition in
our adjusted revenue guidance.”
Simona says it reached
several sustainability milestones, including: commissioning a battery- based energy storage system at its Kirn headquar- ters; and fitting solar power systems at Simona America, which will cover around a fifth of its electricity needs. The company has since
Schoenberg: “Market conditions in 2024 proved challenging at a global level”
Europe – for which Simona supplies pipes, fittings and protective sheets. The mobility division (down 11%) and advertising & building (down 5%) also suffered. “Market conditions in
2024 proved challenging for us at a global level,” said Matthias Schönberg, CEO of Simona. “After a robust final quarter, we closed the financial year on a positive note and slightly exceeded
reported Q1 results for 2025, which saw sales rise by around 4% – though profitability (EBIT) fell by nearly 15%. This was partly due to currency losses due to the exchange rates of the Chinese and Turkish currencies. In addition, a lack of wind power in Germany meant that Simona had to purchase extra electricity at higher prices. “Our projection for 2025
is revenue of €610-620m,” said Schönberg – which equates to a growth of 5-7%. �
www.simona.de
Visitors up 13% at this year’s Chinaplas
This year’s Chinaplas – held in Shenzhen in April – saw a rise in both exhibitors and visitors. Visitors rose 13% to exceed 281,000, while the number of exhibitors was up 18% to more than 4,600. Overseas visitors, including those from Hong Kong, Macau and Taiwan, exceeded 68,000 – 141% higher than the previous event in Shenzhen. This showed the event’s “significance in fostering international trade cooperation” said the organiser, Adsale. Next year’s event takes place at the Shanghai National Exhibition and Convention Center on 21-24 April. �
www.chinaplasonline.com
6 PIPE & PROFILE EXTRUSION | Summer 2025
www.pipeandprofile.com
IMAGE: ADSALE
IMAGE: SIMONA
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