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Injection molders market in Europe forecast at $3.4 billion by 2033

The Injection Molders Market in Europe is poised for robust growth, with a projected compound annual growth rate (CAGR) of 4.1% expected throughout the forecast period. Over this time frame, the market’s value is forecasted to experience significant expansion, surging from an estimated US$ 2,330.1 million in 2023 to reach a projected US$ 3,481.2 million by 2033 according to Future Market Insights. This growth trajectory underscores the sustained demand for injection molding services in Europe, driven by factors such as technological advancements, diverse industrial applications, and the region’s evolving manufacturing landscape.

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TotalEnergies Corbion joins the United Nations Global Compact initiative

TotalEnergies Corbion, producers of Luminy® PLA, has joined the United Nations Global Compact initiative, committing to ten principles on human rights, labor, environment, and anti-corruption. The UN Global Compact aims to align businesses with sustainability principles and accelerate the achievement of the UN Sustainable Development Goals (SDG’s). This voluntary initiative relies on CEO commitments to implement universal sustainability principles.

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Albemarle promotes Cynthia Lima to senior vice president

Albemarle Corporation announced that Cynthia Lima has been promoted to senior vice president, chief external affairs and communications officer.

“We operate in an increasingly interconnected world, where our ability to engage with key stakeholders and the communities where we live and work is critical to our success,” said Albemarle CEO Kent Masters. “Cynthia’s leadership in navigating complex global issues across our footprint is evident today and will be increasingly valued as Albemarle continues to grow.”

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Milliken & Company received a gold rating on its 2023 EcoVadis assessment

Milliken & Company received a gold rating on its 2023 EcoVadis assessment. EcoVadis provides trusted business sustainability ratings for more than 100,000 organizations representing more than 200 industries. Milliken’s 2023 EcoVadis score, assessed across its specialty chemical, textile, floor covering, and healthcare operations, places the company in the top 2% of organizations rated.

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HEXPOL acquires Star Thermoplastic Alloys and Rubbers, Inc.

HEXPOL has acquired 100% of the shares in the American TPE Compounder Star Thermoplastic Alloys and Rubbers, Inc. (“Star Thermoplastics”) from Thomas A. Dieschbourg. Through the acquisition, HEXPOL establishes presence on the growing American TPE market. Thomas A. Dieschbourg founded the company in 1993 and has developed the company into a technically advanced TPE company. Thomas A. Dieschbourg will remain as the President of the company.

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Henkel’s Loctite SI 5972FC slashes time for sealing electronic component modules

Loctite SI 5972FC is a one-part RTV silicone form-in-place-gasket (FIPG) solution that accelerates the process of electronic module sealing. With adhesion to a range of metal and plastic surfaces, the highly dispensable liquid silicone material has been specifically designed to pass OEM’s leak or blow-out pressure tests immediately after assembly – minimizing the need for time- and space-intensive staging. With its tin-free catalyst system, Loctite SI 5972FC also provides a REACH-compliant solution for safer, more sustainable manufacturing.

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Greene Tweede thermoplastic aerospace brackets 35 to 60 percent lighter than metal

reene Tweed highlights the availability of Xycomp® DLF™ high-performance thermoplastic composite aerospace brackets, which can endure the substantial demands of aerospace environments while offering significant weight savings over metallic parts. Greene Tweed aerospace production components have been flying since 2011 and at 35 to 60 percent lighter than competitive metallic components, the brackets are an excellent replacement for metal materials.

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