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Nordic News in Brief - December 2021

Summary of plastic news in brief from the Nordic plastics industry.

KB Components' new acquisition

Sweden: The group KB Components has acquired Lakeside Plastics in Canada. The company will be integrated into KB Component's North American injection molding operations. The acquisition is a property business and will be operated through KB Components Canada Inc.

 

Fires its CEO

Sweden: Henrik Håkansson resigns with immediate effect as CEO of the Nasdaq Stockholm-listed Arla Plast due to a lack of consensus.

 

Continued chaos

Denmark: The Danish container shipping company Maersk estimates that the container chaos will continue for many months into 2022. The shortage of truck drivers is the big bottleneck, estimates Maersk's top manager Søren Skou.

 

Goop chose Ninjaplast

Sweden: Gwyneth Paltrow´s lifestyle company Goop, has launched the upstart Ninjaplast products in its range in the USA. The products are freezer and zip bags made of sugarcane-based plastics; garbage bags made of recycled PCR etc.

 

Italian acquisition

Sweden: Prototal Industries has acquired the Italian 3D printing company Prosilas, which works with SLS. The acquisition is Prototal's second outside the Nordic region, which is a clear indication of the company's intention to expand its reach within Europe.

 

In agreement with Sibur

Sweden: Sibur, one of the larger petrochemical groups in Russia, has entered into an agreement with Nexam Chemical regarding the company's property enhancing additive, Nexamite. Deliveries will pick up speed during Q4 2021.

 

A company to keep track of

Sweden: The startup company Graphmatech has developed a hybrid graphene material. With the highly conductive composite material, it is possible to manufacture plastic-based products with high thermal and electrical conductivity as well as improved mechanical properties.

 

New fiber technology

Sweden: Researchers at KTH and Uppsala University have together MIT University, USA, developed a polymeric "robot textile" which consists of maneuverable fibers. The fiber operation is powered by compressed air and can perform an impressive number of movements.

 

Expands the international base

Sweden: Trelleborg AB is starting production in Russia, Vietnam, Japan, and Morocco. The manufacturing facilities are the first in-house for the Group in these countries.

 

New production hall

Sweden: The subcontrator Sundplast AB has built a new production hall of just over 1000 square meters. With the hall the company is doubling the existing production area. The investment is just over SEK 8 million.

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