by Plastics.com Staff | Jun 11, 2019 | Business, Daily News, Extrusion, Mergers & Acquisitions
LONDON (Alliance News) – Essentra PLC on Tuesday said is has divested its Extrusion business to Inter Primo AS in a deal which values Extrusion at EUR16.2 million free of cash and debt. The consideration is subject to adjustments for working capital and net debt...
by Plastics.com Staff | Jun 7, 2019 | Business, Daily News, Global
Makdaily.com — The stock of Milacron Holdings Corp (NYSE:MCRN) registered an increase of 39.93% in short interest. MCRN’s total short interest was 953,200 shares in June as published by FINRA. Its up 39.93% from 681,200 shares, reported previously. With 283,900 shares...
by Plastics.com Staff | Jun 6, 2019 | Business, Daily News, Profile
Canplastics.com — Paul Caprio, president of processing machinery maker Krauss-Maffei Corp., is leaving the company effective June 7. Caprio has been with the Florence, Ky.-based company for the past 25 years, and has served as president since May 2009. In a June 5...
by Plastics.com Staff | Mar 25, 2019 | Asia/Pacifica, Business, Daily News, Injection Molding
HAIYAN, China — German machinery manufacturer KraussMaffei Group has started construction of a new production plant at its existing location in Haiyan. The new intelligent manufacturing unit will cover an area of 1.3 million square feet and is expected to double the...
by Plastics.com Staff | Mar 19, 2019 | Asia/Pacifica, Business, Daily News, Profile
Nasdaq.com — Celanese Corporation CE is set to hike selling prices for Ateva EVA Polymers in Asia by $80 per MT. The company stated that the price hike is effective immediately for orders shipped to Asia or as contracts permit. Celanese is undertaking price-increase...
by Plastics.com Staff | Mar 19, 2019 | Business, Daily News, North America
NYSE:BMS — Burney Co. cut its holdings in shares of Bemis Company, Inc. by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,251 shares of the industrial products...
