NEWS
Simona grows first-half sales and profit in 2022
Simona of Germany has posted strong results in the first half of this year. The company reported
sales of €365m (US$365m) – an increase of nearly 41% on the same period last year. Profitability (EBIT) rose by around 6% to €29m (US$29m).
Simona saw growth in all
three regions in which it operates. In EMEA, sales expanded by 36% to €238m, driven in part by
“price-related effects”. In the Americas, revenue rose by more than 55% to €102m. Here, its Boltaron subsidiary – which makes plastic sheet for thermoforming – grew both sales and profits as the aerospace industry recov- ered. In Asia-Pacific, sales grew by 29% to reach nearly €25m. “We performed strongly against the backdrop of challenging economic and
geopolitical conditions,” said Matthias Schönberg, CEO of Simona.
Despite ongoing condi- tions such as the threat of recession and rising inflation, the company says it remains confident. “We are raising our
revenue forecast to €650- 670m and remain commit- ted to achieving group EBIT of 6-8%,” according to Schönberg. �
www.simona.de
Walki buys Finnish packaging firms
Walki has acquired two packaging producers based in Finland. The two companies –
Westpak and Flexipack – generated combined sales of about €40 million (US$40m) in 2021. Together they
employ around 100 people. The transaction requires
approval from competitive authorities. The purchase price and terms of the transaction have not been disclosed. “Flexipack and Westpak
have a complementary offering of high-quality printed products and a commitment to a dedicated customer service” said Leif Frilund, president and CEO of Walki. �
www.walki.com
RecyClass publishes
guidebook RecyClass says its new Design Book is a practical guide to the concepts of recyclability and design. It provides a step-by-
step explanation and guidance on how to produce rigid and flexible plastic packaging to make it more recyclable. Beyond providing
valuable insights into how Design for Recycling guidelines work, the document also looks into the realities of sorting and recycling processes and how they determine packaging recyclability. “Design for Recycling is
a crucial, first step in ensuring that a product will be recyclable at the end of its use phase,” said Paolo Glerean, chairman of RecyClass. �
https://recyclass.eu
Capacitor film investment at Tervakoski
Terichem Tervakoski, a Slovakian producer of capacitor film, has invested in a new stretching line from Brueckner. It says that the investment – in Brueckner’s Lisim technology – will help it to increase production capacity and meet the growing need for high-end film applications in ultra-thin and ultra-high temperature electronic capacitors. “Starting in 2025, the
increased production capac- ity will accelerate the green transition – as more capaci-
8 IMAGE: BRUECKNER
Above: Brueckner has supplied a new stretching line to Slovakian capacitor film producer Terichem Tervakoski
tors are needed to replace old technologies with new CO2
-reducing solutions,” FILM & SHEET EXTRUSION | September 2022
said Ilkka Penttila, CEO of Terichem Tervakoski. “The new simultaneous technol-
ogy will also provide the most suitable process for our latest invention – ultra- high temperature film.” Peter Mertes, head of sales for Europe, CIS and Maghreb at Brückner, added: “The new line is a logical extension of the customer’s current produc- tion capacity using an existing Brückner sequential line.”
According to Brueckner, the line will be “the first of its kind in the Western hemisphere”. �
www.brueckner.com
www.filmandsheet.com
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