A locating ring facilitates the accurate installation of injection moulds in the machine. With the latest extension to the range, HASCO offers its customers even more flexibility in production planning by adding four more adaption sizes to the product portfolio.
Rapid tool-free adaption
HASCO locating ring adapters Z7500/… allow, through an integrated frictional spring tensioning system, a flexible, tool-free adaption of injection moulding tools on injection moulding machines with larger apertures. Machining adjustments are not necessary.
Improved machine utilisation
The use of locating ring adapters guarantees improved machine utilisation because they enable rapid production changeovers even if the tool and machine do not initially fit one another as regards the diameter of the locating ring. As a result, flexibility in production planning is significantly increased.
Large lead-in chamfer for the injection moulding machine
A large lead-in chamfer allows easy installation in the injection moulding machine via an 8 mm guide. Lever slots are provided as a dismantling aid. For secure fixing, appropriate circular wire circlips Z 692 /… are available as spare parts.
All the locating ring adapters have an unambiguous laser inscription to ensure rapid and error-free deployment of the correct adapter in production. The stainless steel locating ring adapters are suitable for clean rooms and come in inch and metric versions ex stock.
How Production Printers Are Enabling Marketers to Respond to Today’s Market Defining Pressures
By Sander Sondaal, Director Commercial Print Sales, Ricoh Graphic Communications, Ricoh Europe
Escalating costs, greater development of sustainable practices, and enhancing customer engagement are among the market pressures shaping strategy for today’s marketers, print buyers, and brands.
These pressures are defining their relationship with the communications channels that can be used and the technologies that can be adopted in these ways:
1 Escalating costs
The European Parliament reported that the rising cost of living is the most pressing worry for 93% of Europeans. Almost half of the EU population (46%) say that their standard of living had been reduced due to the consequences of the COVID-19 pandemic, Russia’s invasion of Ukraine and the cost of living crisis. A further 39% expect to see their standard of living fall in during 2023.
Great Britain’s Office for National Statistics reported that 71% of British adults were cutting back on non-essentials, 54% were shopping around more and 52% were spending less on food shopping and essentials. Europeans are also cutting back on subscriptions such as those for streaming services, fitness apps or other non-essential things.
This places greater pressure onmarketers, print buyers, and brands to deliver improved affordability or to communicate why their offering is valuable. It is also why they should choose the most appropriate message and avoid a spray and pray approach. This is where highly crafted, personalised but affordable campaigns, produced on the just-announced Ricoh Pro™ 9500, the latest evolution in colour sheetfed digital printing technology, can be developed to detail relevant USPs.
2 Sustainability
According to Deloitte’s Global Marketing Trends 2023 brands reported their top three priorities for sustainability efforts were improving sustainability of internal marketing practices, promoting more sustainable product and service offerings, and establishing long term sustainability commitments.
Digital production printers have been developed to produce tailored campaigns on demand, ensuring the most efficient use of resources. They have also been designed to be more sustainable in terms of their manufacture by reducing energy consumption while maximising production uptime and efficiency. Ricoh’s software, some of which is cloud-based, aids efficiency, productivity and trims waste, particularly with substrates.
Ricoh also identifies practical solutions to help print businesses drive down costs, transform operations and support growth with its Lean Print Services while its Carbon Balanced Printing Programme enables operations to analyse, optimise and neutralise their carbon emissions. Ricoh operates a zero waste to landfill strategy at its manufacturing facility too, and its Comet Circle model for reusing parts and recycling materials lessens environmental impact and promotes a multi-tiered recycling system.. All these benefits can be passed on to marketers, print buyers, and brands.
These are just a few of the initiatives that have resulted in Ricoh being rated as one of the Global 100 Most Sustainable Corporations in the world for the eleventh time and selected as a member of the Sustainability Yearbook 2023 by S&P Global.
3 Personalisation
Customers have growing expectations around personalisation with an Insider Intelligence survey reporting 73% of shoppers imagine brands will understand their unique needs. 56% expect offers to always be personalised.
This is where personalised print produced on systems such as the brand new Ricoh Pro C9500 can play a key role. Beyond using the recipient’s name and address marketers can develop tailored communications and content that respond to specific triggers or actions. These can be based on previous information shared such as key dates, interests or buying habits
.Deloitte’s research also highlighted interest in the implementation of systems or algorithms to enhance customer personalisation. Output from Ricoh’s class leading production printers is supported by software solutions such as /data.mill Data Cleansing Solution that automatically interrogates and corrects data inaccuracies quickly and simply, aiding a smooth and effective process and the easy to use FusionPro VDP Solutions suite of tools for simple design and production of personalised communications.
These are just some of the ways digital printing can help marketers, print buyers, and brands respond to the challenges they face today. Its versatility and content flexibility enables specific tailoring for messaging that resonates, is memorable, and drives results.
For further information, please visit www.ricoh-europe.com
As a full-service provider for mouldmaking, HASCO offers innovative and economical solutions for designers, mouldmakers and injection moulders. Under the motto “Digitalisation meets standardisation”, the company will present at FAKUMA and the subsequent trade shows a number of interesting new and further developments from the fields of Mould Base and Hot Runner.
HASCO Digital
User-friendly tools on the modern homepage, the new HASCO app, CAD updates and further digital services are available to simplify the day-to-day work.
Mould Track
The innovative Mould Track System from HASCO is an intelligent solution with precise indoor localisation technology for the injection moulding sector. The system enables the exact tracking and localisation of injection moulding tools in real time as well as the digital interlinking of processes. HASCO offers with the new Mould Track an intelligent and pioneering solution, and thus once again defines the standard with the increasing digitalisation in the world of mouldmaking.
Mould Base Technology
The further development of HASCO‘s plate range offers mouldmakers maximum flexibility in the production of injection moulding tools. The portfolio of undrilled and drilled plates has been extended with new mould sizes and thicknesses by well over 1,500 new dimensions.
In the field of demoulding, further sizes have been added to the extensive ejector portfolio. The focus is on the quality material HSS, which has a higher temperature resistance and strength. The service life can thus be extended and mould maintenance costs significantly reduced. New guide pillars with a snug fit for even easier installation and a firmer fit in the mould plates increase process reliability. The new chemical working substances with NSF certification can be used very sparingly because of their high level of effectiveness and are very environmentally friendly because of their all-synthetic content.
Hot Runner Technology
As the world’s first producer of additively manufactured hot runner technology, HASCO hot runner will again this year present a number of new 3D-printed hot runner components. The new Shadowfree technology eliminates the spider lines with needle valve systems and enables up to 40% faster colour changes in the hot runner. Additions have been made to the Single Shot portfolio with hardened nozzle tips and one-hole and Hot Tip torpedoes, which increase the application possibilities of the nozzle range several times. Innovative plug inserts allow fast and space-saving wiring of power/signal plugs to the mould, while state-of-the-art control technology simplifies the control of the hot runners.
With its extensive expertise in standard mould units and hot runners, HASCO provides its customers with individual solutions to all challenges that arise in the field of modern mouldmaking.
Half-Year Results: ALTANA Bolsters Business With Acquisitions And Innovation Investments, Sales Below Previous Year’s Level Due To General Economic Conditions
Sales decrease by 11 percent, amounting to 1,393 million euros
Half-year EBITDA margin at 14 percent
Research and development expenditure grows by 5 percent
Continued expansion through agreed acquisitions
Specialty chemicals group ALTANA reported an 11 percent decline in sales to 1,393 million euros in the first half of 2023 as a result of the general economic deceleration. This is predominantly attributable to a decrease in demand across diverse industrial sectors. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 196 million euros, 27 percent below the previous year’s figure. In addition to lower sales volumes, this was ascribed to the persistent elevated material costs. The EBITDA margin stood at 14.1 percent (previous year: 17.0 percent).
In spite of the high level of uncertainty in the market, ALTANA again increased its research and development expenditure by 5 percent to 99 million euros in the first six months of the current year. The specialty chemicals group augmented its investments, particularly in site expansion and further digitization, by 52 percent compared to the corresponding period last year. ALTANA also fortified its market standing through strategic acquisitions. “Especially in times of economic fluctuations, the significance of continued targeted investments in the future is paramount,” remarked Martin Babilas, CEO of ALTANA AG. “We keep on pushing forward innovative solutions aimed at addressing the critical challenges of our time – drawing on our own resources and by acquiring promising ventures.”
Second largest acquisition in the company’s history
Just a few weeks ago, ALTANA announced the acquisition of Von Roll Holding AG, based in Breitenbach, Switzerland. The transaction is the second largest acquisition in the company’s history. It encompasses the purchase of a majority stake from the previous owning family, alongside a public tender offer for the residual shares that are still traded on the Swiss stock exchange. In 2022, Von Roll generated net sales of 228 million Swiss francs with around 1,000 employees at 14 sites worldwide.
Von Roll is a leading specialist in electrical insulation systems. The company’s technologies and products are used in wind turbines, electric cars, and industrial plants, for example. The company’s novel insulation systems and special resins for the high-voltage sector are particularly future-oriented. Von Roll is to be integrated into the ELANTAS division. “We are combining the innovative strength of both companies to drive forward the expansion of electromobility and renewable energies,” says ALTANA CEO Martin Babilas.
ELANTAS’ products are already contributing to the ongoing energy transformation. The division’s wire enamel systems, for example, play a crucial role in enhancing the operational lifespan of wind turbine generators and expediting the recharging process for electric vehicles. Moreover, ELANTAS’ casting materials are presently integral to Europe’s first Hyperloop with passenger capsule, an innovative high-speed transportation solution.
ALTANA announced an additional acquisition at the beginning of August. The specialty chemicals group is acquiring the business of the U.S. company Imaginant Inc. to further strengthen its portfolio of testing and measuring instruments in the BYK division.
Economic weakness felt in all divisions
The prevailing economic fragility reverberated across all divisions. The largest division, BYK, recorded a 14 percent decrease in sales to 625 million euros.
Adjusted for acquisition and exchange rate effects, sales were 13 percent below the previous year’s level. The acquisition of the business of Imaginant Inc. will take effect in the second half of 2023. The effect pigments specialist ECKART achieved sales of 181 million euros, corresponding to a 15 percent decline in sales (both nominal and operating). ELANTAS, a supplier of electrical insulation materials, recorded sales of 324 million euros, down 8 percent (6 percent in operational terms) from the prior-year figure. ACTEGA’s sales fell by 8 percent (nominally and operationally), amounting to 262 million euros.
Europe remains strongest region in terms of sales
During the first half of 2023, all geographical regions were affected by the decreasing global demand as a consequence of the economic weakness. Europe, which remains the strongest region in terms of sales, garnered revenues of 543 million euros, marking an 8 percent decline (both nominally and operationally). Sales in Germany were down 12 percent (13 percent operationally). In the Americas, sales fell by 8 percent (10 percent operationally), aggregating to 403 million euros. The U.S. market decreased by 9 percent (10 percent operationally). Asia bore the most substantial impact, with sales declining by 19 percent (15 percent operationally), resulting in total sales of 419 million euros. This decline was predominantly driven by the Chinese market, which contracted by 22 percent (18 percent operationally) within the same timeframe.
The plastics industry in India is expanding quickly and has been instrumental in boosting the country’s economy. Manufacturers in the industry are increasingly focusing on making sure that operations are clean and efficient. What lubrication trends are currently dominating the Indian plastics industry?
The Indian plastics industry employs 4 million people and is a multi-billion-dollar industry that is greatly benefiting the country’s swiftly developing economy. Lubricants have a promising future in the plastic-processing market. Simultaneously, growing demand for plastics in various end-use markets such as construction, packaging, consumer goods, and automotive, as well as increased demand for lubricants to reduce frictional forces and improve processing and productivity of plastics manufacturing, are the major drivers for this market. Manufacturers in the sector are increasingly focusing on making their operations clean and efficient in order to maintain their growth trajectory while mitigating the negative environmental consequences of plastic waste. Mobil is driving change in this industry by focusing on making plastic manufacturing profitable and efficient.
ExxonMobil is well-known for its cutting-edge innovations. What are some of the smart product solutions that Mobil provides to help the plastics sector increase efficiency, optimize output, and pave the way for greater profitability?
Mobil is focused on innovating its products and services and enabling energy efficiency by assisting plastic manufacturers in strengthening their operations towards better productivity and profitability. A few key offerings for plastics manufacturers include the Mobil DTE 10 Excel Series anti-wear hydraulic oils which enable a quantifiable increase in hydraulic efficiency, reduce power consumption and increase machine output. These oils help keep modern hydraulic systems cleaner for longer and have been proven to boost hydraulic efficiency by up to 6 per cent*. Similarly, the Mobil DTE 20 Ultra Series oils are high-performance, anti-wear hydraulic oils with extended oil life capabilities that have demonstrated up to 2-times longer oil drain intervals versus similar competitive oils**. Mobil’s innovation in the hydraulic series includes the biodegradable, minimally toxic and non-bioaccumulative, which can be used in hydraulic systems where spills or leakage could result in an adverse environmental impact .
The significance of services integrate a company’s success has grown significantly. What are the primary services offered by Mobil to the plastics industry?
Mobil is developing key services that provide an extra edge while ensuring performance, profitability, and productivity. Our filtration service improves filter barrier performance and efficiency with its performance polymers. We are also driving technology to integrate the benefits of IIoT into mainstream operations. For instance, our Mobil Serv SM IIoT Insights is proving to be game-changing in integrating automation with manufacturing efficiency. For plastic manufacturers, it is a critical cloud-based solution that turns insights into action, taking businesses towards improved efficiency and overall productivity. This platform brings special benefits with AI/ML, automated monitoring and precise analysis that directly benefit machine performance and manufacturing efficiency.
What initiatives is Mobil taking to integrate sustainability and productivity in the plastics industry?
Mobil is helping create value by advancing customers’ mobility, productivity, and sustainability ambitions. We are a categorical leader in the diversion of waste in lubricant facilities. All Mobil products manufactured in the company’s global network of lubricant facilities carry the Underwriters Laboratories Zero Waste to Landfill, Silver Validation, first earned in 2018. Additionally, ExxonMobil continues to be the first and only finished lubricants marketer to carry the credential, and each year diverts more than 90% (over 50,000 tons) of lubricant operations waste from landfills into new productive uses.
We are also leveraging our scale and integration to increase production of certified circular plastics to meet growing demand. In Dec 2022, ExxonMobil announced successful startup of one of the largest advanced recycling facilities in North America. The facility at the company’s integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products and is capable of processing more than 80 million pounds of plastic waste per year, supporting a circular economy for post-use plastics and helping divert plastic waste currently sent to landfills.
Further, we are taking steps to incorporate recycled plastics in finished lubricant product packaging, helping convert waste to value. For this, Mobil is driving an initiative to transition to 50% Post Consumer Recycled(PCR) plastic pails – helping customers reduce waste, convert waste to value and advance sustainability ambitions. The PCR drives use of recycled plastic, helping reduce plastic waste, and enabling sustainable progress.
Corporate Separateness Disclaimer
“(Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso, and Mobil. For convenience and simplicity, those terms, and references to “corporation,” “company,” “ExxonMobil,” “EM,” and other similar terms are used for convenience and may refer to one or more specific affiliates or affiliate groups.)”
*The energy efficiency of Mobil DTE 10 Excel relates solely to the fluid performance when compared to conventional Mobil-branded hydraulic fluids. The technology used allows up to 6% increase in hydraulic pump efficiency when tested in standard hydraulic applications under controlled conditions. The energy efficiency claim for this product is based on test results on the use of the fluid conducted in accordance with all applicable industry standards and protocol. Results may vary based on operating conditions and equipment.
**with a viscosity index around 100 and a zinc-based anti-wear system – meeting at least ISO 11158 (L-HM) and/or DIN 51524-2 (HLP type) requirements.
Must Leverage AI And Enzyme-Based Technology To Reduce The Environmental Footprint: Ashok Chaturvedi
At a keynote address at the 10th Speciality Films & Flexible Packaging Global Summit 2023, Mr. Ashok Chaturvedi, Founder, Chairman and Managing Director, UFlex Group, highlighted how technologies like artificial intelligence, machine learning, and enzymatic processing can accelerate sustainable innovation in flexible packaging. The Elite Global Summit, being held at the prestigious Reliance Jio World Convention Centre in Mumbai, India, began today and features discussions on the Indian economic landscape, current trends in the FMCG sector, and the impact on packaging.
UFlex Group Chairman and Managing Director, Mr. Ashok Chaturvedi, delivered a thought-provoking keynote address at the inaugural session.
He reflected on the evolution of the plastics industry, stating, “Back in the 1960s, when chemical companies were developing large-scale plastic production facilities, they coined the slogan: If you want to save the planet, use plastic. We truly believe that today, if producers can reach consumers globally, it is possible only because of flexible packaging. Historically, when chemical companies were producing plastic in the 60s, they had to struggle with their selling proposition, and the production size used to be 1500 tons per year. Today, the production size has increased to a million tons per year. MLP (multi-layer plastic) as opposed to mono-material packaging, coupled with a robust recycling ecosystem and bio-enzyme technology will propel the industry to the next phase of growth”.
“Today, whatever we are producing needs to be recycled. At UFlex, we have made significant investments in industrial and MLP (multi-layer mixed plastic) waste recycling facilities across our global locations and very recently, in enzyme-based delamination and recycling technology for aseptic packaging. We should continue to focus on mechanical recycling. Chemical recycling may not be happening today but will happen in the future”, he added.
Mr. Chaturvedi reiterated the need to use machinery and AI to collect and sort waste rather than allowing waste workers to do that manually. “That is not the most effective or sustainable way of creating employment for the marginalized waste workers”, he emphasized. “Waste collection and adequate access to post-consumer waste is one of the biggest problems that we face in India. It is critical to recognize that it is not the process of recycling that presents the most significant hurdle in addressing plastic pollution. Rather, it is the efficient and holistic collection and management of plastic waste that emerges as the cornerstone of our battle”, he concluded.
The event features specialized sessions dedicated to sustainability with panel discussions on the critical issues facing the industry with eminent speakers from the Central Pollution Control Board of India (CPCB), the Ministry of Environment and Forests (MOEF), and the Central Pollution Control Board (CPCB) of the Government of India.
The 10th Speciality Films & Flexible Packaging Global Summit 2023 included keynote addresses by Mr. Ashok Chaturvedi, Founder, Chairman & Managing Director, UFlex Group, Mr. Nilesh Shah, Group President & MD, Kotak Mahindra Asset Management Co. Ltd., Mr. Prabh Das, Managing Director & CEO, HPCL-Mittal Energy Ltd., Ms. Prabha Narasimhan, Managing Director & CEO, Colgate-Palmolive (India) Ltd., and Mr. Harsh Mariwala, Founder and Chairman, Marico Ltd. It also showcases more than 100 exhibitors and a strong presence of most brand owners.
New plant one of several similar investments into the Elastomers business across the globe
Products can be used in offshore wind turbines and to manufacture photovoltaic panels, among others
Covestro has started production in its new plant for polyurethane elastomers systems at its integrated site in Shanghai, China. Groundbreaking for it had been announced in summer 2022. The investment is in the double-digit million Euro range. It is part of a series of investments in the Elastomers raw materials business the company undertook in the past few years worldwide, e.g. in its sites in Thailand and Spain. The new plant in Shanghai shall help meet ever rising demand for the material in the Asia-Pacific region, for example in renewable energy applications such as offshore cable protection and silicon wafer cutting rollers of photovoltaic panels, among others.
“We provide materials that help to facilitate a more climate-neutral and circular world. The products to be manufactured at our new plant in Shanghai are an excellent illustration of this, as they will assist our customers in meeting the increasing demand for renewable energy solutions,” says Sucheta Govil, Chief Commercial Officer at Covestro. “In doing so, we are supporting the growth of an industry that is vital for preserving our climate. Furthermore, we are promoting sustainability in various industries by supplying materials containing renewable attributes.”
The polyurethane elastomers systems produced in the site can be used for a variety of end products. For offshore windpower, the protection of subsea cables is a core application area. The material is also used in the manufacturing process of photovoltaic panels or in screening medias in the mining industry. In all of the above, it is designed for purpose in close collaboration with customers to withstand even the harshest of conditions thanks to its excellent wear, tear and abrasion resistance.
“We want to support the growth of our customers and partake in the growth of key industries. As we expect the Elastomers market to grow above China’s gross domestic product, we want to enable our customers to capture it. That is what we do with our overall investments into our Elastomer business, and with this investment in our new plant in Shanghai right now,” said Dr. Thomas Braig, Head of the Business Entity Elastomers.
The new plant is the latest addition to the Covestro Integrated Site Shanghai (CISS), Covestro’s single largest production site worldwide. CISS is now home to twelve plants. Since 2001, the company has invested about 3.7 billion Euro into the site as of the end of 2022.
Holly Lei, President of Covestro in China, said, “Our company’s vision of becoming fully circular and our target of being operationally climate neutral by 2035 are perfectly aligned with China’s ambitions to be carbon neutral before 2060. The products we produce in CISS and this addition of polyurethane elastomers systems position us to make meaningful contributions to sustainability efforts in China and in the entire region, for example in the area of renewable energy generation.”
CISS is also among Covestro’s ISCC PLUS (International Sustainability and Carbon Certification) certified sites. This means it is capable of supplying customers with drop-in, mass-balanced materials derived from renewable attributed products, thereby helping customers to reduce their carbon footprint. To make more sustainable products easier to distinguish, Covestro introduced the suffix “CQ”. CQ stands for “Circular Intelligence” and identifies products containing a minimum of 25 percent alternative raw materials.
Dow’s Sustainable Packaging Solutions Enable Mengniu to Launch All Polyethylene Yogurt Pouch Designed for Recyclability in China
Brands join forces to empower the possibilities of closed-loop recycling.
Dow (NYSE: DOW), a global materials science company, has partnered with Mengniu, a leading dairy company in China, to launch an all-polyethylene (PE) yogurt pouch designed for recyclability. This innovation strengthens both companies’ commitment to achieving a circular economy in China.
Leveraging the materials science expertise of Dow and the collaboration across the value chain, Mengniu developed its first all-PE yogurt pouch designed for recyclability. Dow’s INNATE™ TF-BOPE resins help ensure that packaging maintains its superior appearance and productiveness. The newly developed all-PE packaging enabled by INNATE™ TF-BOPE resins is a breakthrough for the dairy industry, as it enables traditional hard-to-recycle packaging to be integrated into closed-loop recycling streams through responsible recycling and mechanical recycling technology, providing consumers with more choices of sustainable packaging.
“This partnership with Mengniu is a milestone for both brands to pioneer all-PE dairy packaging designed for recyclability in China. The country’s ambition to work towards Zero-waste Cities has changed how it tackles plastic waste. This collaboration is a significant step in facilitating recyclability and empowering the possibilities for recycled packaging to be transformed into high-value applications through responsible disposal and appropriate recycling process, reducing our industry’s reliance on unrenewable resources. Through our advanced research and development capabilities, we strive to help brand owners like Mengniu to take action and deliver on their sustainability commitments,” said Bambang Candra, Asia Pacific commercial vice president of Dow Packaging and Specialty Plastics.
Mengniu set a goal to achieve 100% technically recyclable packaging by 2025, striving to adopt low-carbon packaging in all product lines. Environmental-friendly manufacturing is an important pillar of Mengniu’s sustainability strategy, and adopting more sustainable packaging is one significant action to fulfil the commitment.
Mengniu’s yogurt with this all-PE packaging designed for recyclability will be unveiled at the 2023 International Dairy Forum from Aug 4 to Aug 7 in Hohhot, a major city in Northern China, and will be available starting from supermarkets across the city.
Tunnel gate inserts, hot runner systems, mold accessories and coatings will, with immediate effect, now come from Michelstadt
I-mold was newly founded as a separate, independent supplier to manufacturers of injection molding tools. Very recently – on August 1st – the company moved to its newly built premises in Michelstadt. On a total area of 760m², it offers comfortable space conditions for CEO Andy Walter and his staff in development, production, marketing and logistics, as well as plenty of room for the expansion targeted in the coming years.
One of the things that has been customary for the last twenty years or so and will certainly remain unchanged is the customer-oriented focusing on highly wear-resistant, easy-flow tunnel gate inserts. In a wide variety of applications, these have proved to be particularly convenient solutions for injection molded parts, which –unrecognizably from the outside – are injection molded from underneath or from the side, which is especially beneficial for visible parts.
Hot runner systems from Heatlock, sprue adjusters for switching off and/or redirecting the melt flow in the gating system, and the Nanomold mold coating, which protects the mold surfaces and prevents problems with adhering substances or during demolding, will continue to supplement the portfolio, which is directly accessible to customers from i-mold or via the global network of distributors.
CEO Walter: “Our tunnel gate inserts, which are supplied in a wide variety of different geometries and dimensions, are currently being used in 33 countries across all industries. The current demand from our customers stands at around 15,000 units a year. We also see continuously growing demand for the coming years. Thanks to our investment in the spacious rooms of our new company headquarters, we now have the capacities to drive forward with new developments and to continue in the future fulfilling the demands of our customers quickly and comprehensively.”
ELIX Polymers Receives the ESG Gold Certification from EcoVadis
The company ELIX Polymers, global leader in the manufacture of thermoplastics, has renewed the EcoVadis gold certification in environmental, social and governance (ESG) responsibility in the ranking prepared by EcoVadis, an independent rating agency specialising in sustainable development and performance control.
The overall result obtained by ELIX Polymers places the company head and shoulders above its competitors, making it one of the 2% of evaluated companies with the highest score. The evaluation consists of 4 scores that assess the company’s milestones and development in areas related to the environment, social/human rights, ethics/fair business practices and supply chain, thus reflecting the excellent performance of ELIX Polymers in ESG.
The company has earned an overall score exceeding 75/100, thereby placing it among the best assessed companies. ELIX Polymers remains committed to contributing to the transformation of industry towards a sustainable development model based on a circular and low-carbon economy. As a part of this transformation, the leading ABS company is working to achieve the complete integration of sustainability in its business model through its Circularity and Responsible Innovation, Sustainable Operations and Social Responsibility programmes.
David Castañeda, company CEO, had this to say: “We are proud to have obtained this rating, which recognises the advances made in the integration of sustainability in our company’s strategy. Thanks to the excellent work of our team, we will continue to make progress to achieve the ambitious goals that we have set to offer more sustainable solutions”.
