27 Apr 2016
Avery Dennison to acquire Mactac Europe
GLENDALE, CA — April 27, 2016 — Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million including assumed debt. With 2015 year-end run-rate revenues of €147 million, or approximately $170 million, and approximately 470 employees, the business is a leading manufacturer of high quality pressure-sensitive materials, serving several high-value segments, including graphics, specialty labels and industrial tapes. Mactac’s core product lines complement Avery Dennison’s existing graphics portfolio.
27 Apr 2016
Glass as a form of acoustic insulation on International Noise Awareness Day
Bertrange, Luxembourg, April 27, 2016 – Today is International Noise Awareness Day and serves to remind us that excessive noise can be harmful both to our health and to the ecosystems that surround us. Guardian Industries’ Glass Group in Europe supports this awareness initiative and helps explain the importance of good window insulation and provides advice on how to choose the best glass system for the sound insulation of homes.
27 Apr 2016
Clariant emphasizes major steps to become China Insider at Chinaplas 2016
Muttenz/Shanghai, April 27, 2016 – Clariant, a world leader in specialty chemicals, has emphasized the new strategy for Greater China during the Chinaplas press conference. The strategic frame work focuses on five local components – Local Insight, Competitiveness, Empowerment, Innovation and Partnerships – to progress Clariant’s commitment to becoming a true China Insider.
27 Apr 2016
Clariant unveils AddWorks® solutions tailored to China’s flexible packaging industry needs
Shanghai, April 27, 2016 – Clariant, a world leader in specialty chemicals, has launched two AddWorks solutions at Chinaplas 2016 specifically to give the flexible packaging industry in Greater China and South East Asia new options for improving productivity, functionality and sustainability. In addition to their individual advantages, new AddWorks® PKG 902 and AddWorks LXR 408 both can help processors to reduce costs when producing high-quality flexible film for consumer packaging.
26 Apr 2016
TE Connectivity, Pepperl+Fuchs and Software AG Present Solution for Cost-Effective Connection of Legacy Systems to the Cloud for Industry 4.0 Applications
DARMSTADT, Germany – April 26, 2016 – TE Connectivity (TE), a world leader in connectivity and sensors, is working with Pepperl+Fuchs and Software AG on solutions to optimize interlinked manufacturing processes. The three companies are also working on smart status monitoring and maintenance. Results of their collaboration can be seen at the Hanover Fair (April 25-29) in Booth D76 in Hall 9.
26 Apr 2016
Clariant successfully places EUR 300 million of certificates of indebtedness
Muttenz, April 26, 2016 – Clariant, a world leader in specialty chemicals, announced today the issuance of in aggregate EUR 300 million of debt in the German market for certificates of indebtedness (“Schuldschein”). The four certificates have terms of 4.5 years (EUR 156.5 million with a fixed coupon and EUR 55.5 million with a floating coupon), 7 years (EUR 73.5 million with a fixed coupon) and 10 years (EUR 14.5 million with a fixed coupon).
26 Apr 2016
Clariant Healthcare Packaging Expands BCP Program with Desiccants from Chinese Site
Muttenz, April 26, 2016 – Clariant, a world leader in specialty chemicals, and its Healthcare Packaging unit, is launching family of standard desiccant packets from its plant in Dongguan, China. In addition to enabling quick delivery in local markets, the new manufacturing operation can provide critical back up for Clariant’s other global sites, should it ever be required.
26 Apr 2016
Clariant Healthcare Packaging Announces Compliance with New USP Desiccant Rules
Muttenz, April 26, 2016 – Clariant, a world leader in specialty chemicals, and its Healthcare Packaging unit, has been actively supporting the U.S. Pharmacopeial Convention (USP) in development of new standards governing the quality and performance of desiccants placed in pharmaceutical packaging to protect against moisture.
