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New Electric Machine for Asia

New Electric Machine for Asia

Local to local: Allrounder Golden Electric Evo

• New: Entry-level electric machines for the Asian market.
• Focus: “Made by Arburg” – cost effective and quickly available.
• Premiere: On view for the first time at Chinaplas.

The Allrounder Golden Electric Evo series, which is celebrating its premiere at Chinaplas 2024, is fully tailored to Asia. The electric machines combine the “Made by Arburg” quality seal known throughout the global market with unbeatable value for money and short delivery times, making the purchase of an Arburg  machine easy, quick and cost effective for Asian customers. In action at the trade fair in Shanghai will be an Allrounder 470 E Golden Electric Evo, demonstrating a sophisticated LSR application automated with a Flexlift 10 linear robotic system, also specially designed for Asia.

Arburg set the initial course for its “local-to-local” activities back in 2020, with the opening of the Arburg Technology Factory (ATF) in Pinghu. Initially, activities focused on adapting Allrounder machines to customer-specific requirements and implementing turnkey systems in cooperation with local suppliers of moulds and peripheral equipment. This was followed in 2023 by the Flexlift linear robotic system and now the Allrounder Golden Electric Evo. Both product series are specifically tailored to the requirements of customers in Asia, and are also exclusively available there.

Assembly in the ATF ensures quick availability of the entry-level electric machines. The portfolio includes the sizes 370, 470, 520 and 570, which cover clamping forces ranging from 600 to 2,000 kN. The injection units range from size 100 to size 800, for shot weights of up to around 430 grams of PS.

Precision, speed and energy efficiency
The Allrounder Golden Electric Evo is extremely precise, thanks to its high-quality injection units. The servo-electric drives for “inject”, “dose” and “open and close mould” deliver fast acceleration, high speeds, and simultaneous movements, all of which add up to short cycle times. Compared to standard hydraulic machines, the dry cycle times are up to two seconds shorter. What’s more, the energy requirement can be reduced by up to 50 per cent with the toggle-type clamping unit, the high efficiency of the servo-electric drive and recovery of braking energy.

Just for Asia: The Flexlift robotic system
Another product designed for the Asian market is the Flexlift, a reliable, quick and precise robotic system that offers excellent value for money. Its minimal height and telescopic design also make it suitable for confined spaces. Powerful servo motors ensure highly dynamic and precise performance of the vertical mould-entry axes. This enables fast removal, accurate and vibration-free movements and short cycle times.

In addition, the automation and application experts in the ATF in Pinghu develop turnkey and tailored complete solutions in cooperation with local partners. An example is the Chinaplas exhibit for LSR processing.

Allrounder 470E Golden Electric Evo

Heat- and media-resistant LSR components
An electric Allrounder 470 E Golden Electric Evo with 1,000 kN of clamping force, LSR cylinder and vacuum equipment will produce valves made of liquid silicone rubber for use in cars. The material Elastosil (Shore hardness 50 A) from Wacker is resistant to heat and media, and also offers good resilience and a consistently high performance. Using an 8-cavity mould from Chinese partner Gaoyuan, eight LSR components, each weighing 0.8 grams, are produced in a cycle time of around 55 seconds. Injection is sprueless and performed directly via a pneumatic cold runner system. The LSR dosing unit is supplied by Arburg’s partner 2KM. A Flexlift 10 linear robotic system gently removes the moulded parts from the mould and places them on a conveyor belt.

www.arburg.com

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The Lubrizol Corporation Opens New Global Capability Center in Pune, India

The Lubrizol Corporation Opens New Global Capability Center in Pune, India

  • The facility supports the company’s commitment to accelerate in-region growth, product innovation, operational excellence and customer success
  • Facility expands Lubrizol $150 million USD investment commitment to support growth in India

 Lubrizol, a global leader in specialty chemicals, has opened a new Global Capability Center (GCC) in Pune, India, as a strategic hub to accelerate its growth in the region and enable closer collaboration for its customers and employees.

The Lubrizol GCC is part of a new facility in Pune, Embassy Tech Zone, Hinjewadi. The campus is WELL- and LEED Gold certified to enable a safe, healthy, and environmentally conscious workspace. In addition to a well-designed and ergonomic workspace, the 42,000-square-foot facility features wellness rooms, a cafeteria with a recreational area, a training area and huddle rooms with an emphasis on natural light. A customer experience centre showcases Lubrizol science and live plant installations throughout the facility reemphasize our commitment to sustainability. More than 200 regional employees, representing functions including Engineering, Supply Chain, Technology, Finance, Procurement, Legal and HR are expected to be added to the site over the next year. The facility can hold up to 300 employees in the future.

Lubrizol has a long history in India, dating back to 1966 when the company started manufacturing chemical additives to support the transportation and industrial sectors. Since then, Lubrizol has improved the quality of life for those in India and surrounding regions through innovative solutions that help advance mobility, improve well-being and enhance modern life. The company currently employs approximately 500 employees in India through various in-region commercial offices, labs and manufacturing plants and also supports hundreds of in-region contract positions.

In 2023, Lubrizol announced a more than 150 million USD investment to enable the world’s largest CPVC resin plant in Vilayat, Gujarat, double capacity at its site in Dahej, Gujarat, open a grease lab in Navi Mumbai and enable significant in-country job growth and innovation.

“India is undeniably one of our fastest growing markets and a critical hub for the talent we require to propel global customer success and innovation,” said JT Jones, Senior Vice President, High Growth Regions, Lubrizol.

“The GCC is an integrated extension of our global team. It serves as a regional and global centre providing business processing and digital capabilities that will help Lubrizol solve complex problems and find better business outcomes. Today is an exciting day for us as we look forward to the many possibilities the future holds,” said Bhavana Bindra, Managing Director – India, Middle East and Africa, Lubrizol.

The opening of the GCC in Pune

“The opening of the GCC in Pune marks a significant milestone for our team, enabling us to access and develop world-class talent to enhance our technological capabilities and operational excellence. This will enable us to serve our customers in India and around the world in even more innovative ways,” said Abhishek Jain, India GCC Leader, Lubrizol.

The opening of the GCC is another milestone in the company’s commitment to and growth in India, as well as its best-in-class service and collaboration with customers and employees. To learn more about open Lubrizol GCC roles, please visit: Lubrizol Corporation Jobs.

www.lubrizol.com

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BASF, SABIC, and Linde Celebrate the Start-Up of the World’s First Large-Scale Electrically Heated Steam Cracking Furnace

BASF, SABIC, and Linde Celebrate the Start-Up of the World’s First Large-Scale Electrically Heated Steam Cracking Furnace

• Demonstration plant with 6 megawatts input of renewable electrical energy to test material behavior and process on an industrial scale.
• Joint development and construction of electric steam cracking furnaces at BASF’s Verbund site in Ludwigshafen.
• Technology with the potential to reduce CO2 emissions by at least 90% compared to conventional steam crackers.

Today, BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces. Following three years of development, engineering, and construction work, the regular operation of the demonstration plant is now ready to start at BASF’s Verbund site in Ludwigshafen, Germany. In March 2021 the three companies signed a joint agreement to develop and demonstrate solutions for electrically heated steam cracking furnaces.

Steam crackers play a central role in the production of basic chemicals and require a significant amount of energy to break down hydrocarbons into olefins and aromatics. Typically, the reaction is conducted in furnaces at temperatures of about 850 degrees Celsius. Up to now, these temperatures have been reached by using conventional fuels. The demonstration plant aims to show that continuous olefin production is possible using electricity as a heat source. By using electricity from renewable sources, the new technology has the potential to reduce CO2 emissions of one of the most energy-intensive production processes in the chemical industry by at least 90% compared to technologies commonly used today.

The demonstration plant, which produces olefins, such as ethylene, propylene, and possibly also higher olefins from saturated hydrocarbon feedstock, is fully integrated into the existing steam crackers in Ludwigshafen. The upcoming operation serves the goal of gathering data and experiences about material behavior and processes under commercial operating conditions for the final development of this innovative technology to industrial market maturity. In two separate demonstration furnaces, two different heating concepts will be tested. While in one furnace, direct heating applies an electric current directly to the cracking coils, in the second furnace, indirect heating uses radiative heat of heating elements placed around the coils.

The two electrically heated furnaces together process around 4 tons of hydrocarbon feedstock per hour and consume 6 megawatts of renewable energy.

To support the development of the novel furnace technology, the project was granted €14.8 million by the German Federal Ministry for Economic Affairs and Climate Action under its “Decarbonization in Industry” funding program. The program is supporting energy-intensive industries in Germany in their efforts to achieve carbon neutrality.

“With the development of electrically operated steam cracking furnaces, we are getting our hands on a key technology that will help to significantly reduce greenhouse gas emissions in the chemical industry. It fills me with pride and joy that we have achieved this success together with our partners SABIC and Linde. The demonstration plant here in Ludwigshafen will provide us with valuable experience on the final step towards the industrial application of this technology”, said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE.

Abdulrahman Al-Fageeh, CEO of SABIC stated; “The e-furnace’s technology holds huge potential for the sustainability of the global petrochemical industry. It can demonstrate the role that renewable electricity can play in higher efficiency and low-emission chemical processing. Through close collaboration, teamwork, intellectual property development, and advancing the best technical solutions holistically, the teams at SABIC, BASF and Linde have brought this project to this key stage. We are proud to be here together today to celebrate the power of collective action on our journey toward a circular carbon economy.”

“The question of whether it is possible to electrify the petrochemical industry and operate a steam cracker with sustainably generated electricity has been answered with a resounding yes. This outstanding joint project is significant proof of how together we can develop ground-breaking technologies that will advance us on the journey towards net-zero CO2 emissions and climate-neutral industry,” said Jürgen Nowicki, CEO of Linde Engineering. “Together with BASF and SABIC, we have demonstrated how the balancing act of decarbonizing energy-intensive industrial sectors can be achieved. The STARBRIDGE technology brings the vision of an emission-free petrochemical industry a step closer.”

Based on the combined knowledge and intellectual property of the three parties collaborating to develop the new technologies, the demonstration unit in Ludwigshafen will be operated by BASF. Linde was responsible for the engineering, procurement, and construction of the plant. Linde will in the future commercialize the developed technologies under the new trademark STARBRIDGE, enabling the petrochemical industry to decarbonize by replacing conventional fired technologies.

www.sabic.com

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Ineos Styrolution’s High Performing Luran S Spf60 Selected for Automotive Application

Ineos Styrolution’s High Performing Luran S Spf60 Selected for Automotive Application

  • INEOS Styrolution’s Luran S XA SPF60 offers excellent weather resistance, UV stabilisation, and enhanced deep black appearance for automotive exterior applications.

A leading European automotive brand has selected INEOS Styrolution’s Luran S SPF60 for the blackening panel of the company’s line of trucks. The selection was made due to the product’s superior surface quality in combination with its weather resistance.

INEOS Styrolution has had a long-standing relationship with the automotive company and its application supplier. The two companies have previously collaborated on development projects using INEOS Styrolution’s Luran S 778T material and the SPF30 additive package. Thus, it was a natural next step to test the enhanced XA SPF60 package as soon as it became available. Initial tests were positive and subsequently, the new material was approved for the company’s automotive applications.Laura Nübling, Product Manager Luran S, EMEA says:

“Luran S XA SPF60 was developed for demanding outdoor applications that require superior UV resistance and high gloss surfaces. When we developed the product, we had deep black automotive applications for automotive components like exterior trims, rear-view mirrors, and dual design front grilles. I am very excited to see our Luran S SPF60 material cruising down the road.”

Luran S is an ASA polymer featuring high surface quality, good impact strength and enhanced colour fastness. Luran S products deliver superior long-term performance when exposed to UV irradiation and heat. They also provide excellent chemical resistance.

To strengthen its position as the benchmark styrenic polymer for weather resistance, the enhanced Luran S SPF30 and Luran S SPF60 packages were developed, offering state-of-the-art UV stabilisation.

A broad portfolio of advanced Luran S products is addressing solutions in industries including automotive, construction, toys, sports & leisure, electronics, healthcare, household and packaging.

Luran S 778T, the material used for the blackening panel, is one grade out of the range of Luran S materials. It is specifically optimised for high heat and chemical resistance and can be found in many automotive applications.

www.ineos-styrolution.com

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Insights & Innovations-Navigating the Future of Labels in India-Buyer’s Perspective” on the 12th of April 2024

Insights & Innovations-Navigating the Future of Labels in India-Buyer’s Perspective” on the 12th of April 2024

120 LMAI members, including over 65% leading printer members, LMAI Board of Directors, sponsors, panelists and  media persons attended the program. Eminent panelists from leading FMCG companies delivered insightful responses questions put forward by the moderator Harveer Sahni, Chairman Weldon Celloplast and Director LMAI. The panelists included packaging development professionals; Koel Bhadra from Loreal, Sanjay Ghoshal Diageo, Yogesh Bambal Mondelez, Amit Saurkar Marico, Sainath Mane Unilever and Prabir Das formerly from Mylan.

LMAI secretary Jaideep Singh welcomed the panelists and Sandhya Shetty event coordinator introduced the panelists. Initiating the discussion Koel Bhadra stressed the need for desirability and sustainability while creating innovations. Sanjay Ghoshal delivered the need for the label to be embellished, innovative and have security features so as to be the important sales facilitator at a time when due to sustainability measures, the outer cartons are being eliminated. Prabir Das impressed the need to have all the variable data on the small labels and for the pharma labels to be compliant to government statutory information. Yogesh Bambal said personalization is an important feature that will enhance the sale proposition, more so at festival times. Amit Saurkar agreed that food safety is imperative and there is need to use inks, coatings and adhesives that are non-migratory and do not pose a health hazard. Sainath Mane from Unilever said selection of the printing technology whether flexo, screen or gravure depends on a product and its targeted consumers.

www.lmai.in

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With Jan Karnath, Reifenhäuser is Bringing the Fourth Generation and New Skills into the Family Business

With Jan Karnath, Reifenhäuser is Bringing the Fourth Generation and New Skills into the Family Business

Jan Karnath (39) is the new Chief Digital Officer (CDO) of the Reifenhäuser Group

 

Jan Karnath (39), a nephew of Bernd Reifenhäuser (CEO) and Ulrich Reifenhäuser (CSO), is the first representative of the fourth generation to join the operational business of the Reifenhäuser Group. His start paves the way for the continuous development of the family business and reinforces the transformation from machine manufacturer to solution provider: As the company’s first Chief Digital Officer, Karnath will henceforth be responsible for and steer the Group’s digital transformation.

“We are delighted that our family business is now being supported by the fourth generation,” says Bernd Reifenhäuser. “Jan’s appointment strengthens our foundation, which is based on values such as continuity, stability and trust. At the same time, Jan and his role in the company stand for the continuous further development of the group of companies. We will continue to expand our digitalization offerings with a strong market and customer focus in line with our pioneering spirit. Jan brings with him all the skills from his previous career to manage this development responsibly.”

In his new position as Chief Digital Officer, Jan Karnath is responsible for the strategic and operational development of all Reifenhäuser units whose business model is based on digital products: The tech start-up RE: GmbH, which specializes in connecting entire production facilities, AR:DEL, Reifenhäuser’s digital education and learning platform, and R-Cycle, the digital product passport for sustainable packaging. In addition, Karnath is responsible for the Group’s overall digital strategy: he will continue to develop the portfolio of digital products and ensure that all relevant digital initiatives are integrated into strategic planning.

Jan Karnath says: “As a shareholder, I have been observing Reifenhäuser’s development for many years. I am all the more pleased that I can now actively shape the future of the family business with my expertise. Our goal is to further expand our digital portfolio and give our customers a head start in terms of efficiency, transparency and quality.”

Jan Karnath has over 15 years of experience in the digital business. He studied Management in Vienna and Digital Transformation & Innovation at Stanford University. He then began his career at SAP and has since successfully led several digital companies as a board member and founder. Investors in these companies have included EQT and Porsche AG.

reifenhauser.com

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XSYS Joins FORUM & INFOFLEX 2024 to Showcase Flexo Solutions Portfolio

XSYS Joins FORUM & INFOFLEX 2024 to Showcase Flexo Solutions Portfolio

XSYS is excited to share its involvement in the upcoming FORUM & INFOFLEX, due to be held in Kansas City (MO) at the Loews Hotel and City Convention Center, on May 5–8, 2024. The North American team looks forward to welcoming attendees to booth where the full complement of the wide XSYS portfolio for brilliant flexographic printing will be in focus, including the latest innovations in printing plate technology, platemaking equipment, surface screening, and mounting sleeves.

Among the highlights from the nyloflex plate portfolio will be the recently launched nyloflex FTV, an LED-optimized, inherent flat-top dot plate engineered specifically for the high-quality flexible packaging market. Also suitable for LED is the versatile thermal nyloflex XAH plate, a round-top dot plate for printing on film and paper substrates. Print samples produced by customers using these plates will be on show allowing visitors to inspect the exceptional quality up close and personal, while discussing the multiple benefits with the experts.

A special highlight will be a sneak peek into XSYS’ brand-new range of eco-conscious flexo plates, which is due to be officially introduced next month under the new ‘nyloflex eco’ brand. With high-quality printing and a reduced environmental footprint, the new ‘eco’ plates are set to establish another important milestone in the development of sustainable solutions from XSYS’.

“Sustainability is a core driver for all our plate innovation, and the INFOFLEX show presents a great chance to lift the veil on the new nyloflex eco concept. We’re very proud to be the first plate manufacturer to develop such an eco-friendly range of plates, clear proof of our commitment to supporting customers with sustainable solutions,” comments Eric Gibbs, Sales Director. “Naturally, the new nyloflex eco range has also been optimized to deliver unparalleled print quality and consistency to meet the continued demands from brand owners for best-in-class labels and packaging.”

Also of interest will be ThermoFlexX Catena+, a breakthrough in fully automated and lean plate processing, designed and built to enhance precision, quality, and OEE (Overall Equipment Effectiveness) with reduced waste. With systems running successfully in the field, the Catena+ end-to-end processing line recently received the 2024 Award for Innovation and Excellence in Prepress from the FPPA. Meanwhile, Woodpecker technology, also from the ThermoFlexX range, will show how surface screening patterns can improve print quality and reduce ink usage. Finally, the booth display will showcase XSYS’ offering of precision-engineered rotec sleeves and adapters. Designed for brilliant printing, the rotec lineup encompasses multiple sustainable solutions aimed at safeguarding investments and extending product lifespan.

As the largest and most comprehensive of its kind in North America, this year’s event marks 42 years of gathering the flexo industry for the FORUM educational conference and INFOFLEX supplier exhibition. Joining the educators as a panelist will be David Stokes, Senior Technical Advisor at XSYS North America. A flexo printing specialist, David works in close collaboration with customers to help optimize and improve their platemaking processes and print production quality. He will take part in a session on Tuesday May 6 at 10:30 dedicated to trends in consumables. This will explore how new methods and strategies from providers of substrates, inks/coatings and plates are being developed to assist printers in meeting their sustainability goals.

newsroom.duomedia.com

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Aduro Clean Technologies to Present at European Recycling and Renewable Materials Conferences

Aduro Clean Technologies to Present at European Recycling and Renewable Materials Conferences

Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is pleased to announce its participation at two industry conferences focused on the advancement of advanced chemical recycling and renewable materials.

CHEMREC I – 2024: 1st International Conference on Thermochemical Recycling of Plastics

CHEMREC I is the first conference exclusively dedicated to thermochemical processing of plastic waste. The conference is a forum for discussion of the advances in thermochemical technologies for chemical recycling of plastic and plastic waste (e.g., pyrolysis, gasification, hydrogenolysis). The refining and/or upgrading of resulting product intermediates using standalone facilities or co-processed taking advantage of existing infrastructure will be also an important topic for this conference. This discussion will include techno-economic analyses and life cycle assessments.

Eric Appelman, Chief Revenue Officer will deliver a presentation and participate in a panel discussion at the Catalysis plenary on April 30. His presentation entitled, ‘Hydrochemolytic™ Technology for High-Yield Conversion of Complex Plastic Waste to Pure Hydrocarbon’ will explore the innovative approach to recycling complex plastic waste.

Renewable Materials Conference 2024

The Renewable Materials Conference (RMC) in Siegburg/Cologne (Germany) is the world’s largest conference on chemicals and materials based on biomass, carbon capture and utilization (CCU), or chemical recycling – the only alternatives to fossil-based chemicals and materials. The unique concept of presenting all renewable material solutions at one event hits the mark. It covers the entire value chain from alternative carbon feedstocks, the chemical industry, the materials sector, and product manufacturers to brand owners and investors. Nearly 500 participants from 32 countries are expected to attend.

Aduro is one of six nominees for the Renewable Material of the Year Award 2024. The Innovation Award is organised by the nova-Institute and sponsored by Covestro. Eric Appelman, Chief Revenue Officer will deliver a presentation at the event. Stefanie Steenhuis, Head of Brand and Marketing will also be available to answer questions at booth 34 in the exhibition hall.

“Attending these conferences presents a great opportunity to not only showcase our technology but also to stay ahead of market trends and understand the rapidly evolving landscape of the chemical recycling and renewable materials sectors,” remarked Eric Appelman, CRO at Aduro. “It is an opportunity to share our perspectives on Hydrochemolytic™ technology while gaining insights into consumer expectations, regulatory developments, and competitive dynamics. This knowledge is essential for refining our strategies and ensuring our solutions meet the needs of tomorrow.”

www.globenewswire.com

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Plastics Machinery: it’s a Date at Chinaplas With Over 40 Companies

Plastics Machinery: it’s a Date at Chinaplas With Over 40 Companies

Over 40 Italian companies will comprise the national pavilion organized by Amaplast (trade association within Confindustria uniting approximately 170 manufacturers of plastics and rubber processing machinery, equipment, and moulds) for the 36th edition of Chinaplas. This is an important representation that will occupy a particularly important area in terms of business volume and develop opportunities in a recovering Chinese economy after the recent difficult years.

In a complex international context and with the implementation of ambitious national programmes for reform, development, and stability, the Chinese economy withstood external pressure, overcame domestic issues, and achieved an overall positive trend in 2023. The plastics processing sector was not an exception, recording modest yet constant and progressive growth. According to the national statistics office, it produced just under 75 million tons of finished products in 2023 for a 3% increase over 2022. Also in 2023, exports of Italian-made plastics and rubber processing machinery to China approached the threshold of 170 million euros – a historical record – with a 12% increase over 2022.

Furthermore, the share of sales of high-added-value complex technologies has strengthened or consolidated at high levels. These include extrusion lines and plants for mono- multi-filament, with demand on the Chinese market increasing significantly in recent years, exceeding the production capacity of local manufacturers both in terms of quantity and especially in terms of quality, the latter of fundamental importance in the production of high-end products.

The plastics processing segment now accounts for over 10% of light Chinese industry in terms of value of production, total assets, employees, exports, and other indicators. Thus the further development of the sector will be strictly correlated with the performance of the entire light industry. In 2024, in order to achieve objectives of sustained growth, progression in domestic demand, and overhauling of the production apparatus – while ensuring stable development of the sector and accelerating structural modernization – the Chinese government and governmental organs at all levels will introduce a series of integrated policies to support investment, boost faith in the market, promote growth of the sector, and stabilize the development of foreign trade. The expansion of the Chinese plastics processing industry could accelerate significantly in the second quarter of 2024. The growth rate in the third and fourth quarters should be somewhat lower but nevertheless constant.

The Italian pavilion at Chinaplas 2024 covers over 1,500 square metres and hosts a number of Amaplast members: Amut, Bandera, Cemas, Color Service, Comerio Ercole, Electronic Systems, Fimic, Frigel Firenze, Frigosystem, Gap, Gefran, Helios Italquartz, Icma San Giorgio, Industrial Frigo, Ipm, Itib Machinery International, Lawer, Maris, Moretto, Omipa, Omso, Pegaso Industries, Piovan, Plas Mec, Previero/Sorema, Comerio Rodolfo, Sacmi Imola, Sica, Simplas, ST Soffiaggio Tecnica, Tecnova, Termostampi, Tria, Union and Zambello.

www.macplas.it

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Aart Mateboer Retires; Change in Perstorp Animal Nutrition Leadership While Pursuing Ambitious Growth Plan

Aart Mateboer Retires; Change in Perstorp Animal Nutrition Leadership While Pursuing Ambitious Growth Plan

Perstorp Group, a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), today announces a change of Leadership within its Animal Nutrition business effective June 1st. Executive Vice President Aart Mateboer has announced his retirement after May 31st. The company is determined to conduct a seamless leadership transition and continuously deliver on its ambitious growth plan.

“Animal Nutrition remains integral to Perstorp’s and PCG’s strategic future and has recently developed an ambitious strategic plan, outlining the roadmap for expanding its business long-term, primarily based on product development and differentiation. Focus has been and will continuously be on delivering on this plan”, says Ib Jensen, President and CEO of Perstorp Group. “Aart Mateboer has been leading the Perstorp Animal Nutrition team with dedication and has built his team based on confidence and empowerment. When he retires on May 31st, it marks the conclusion of an intense and successful chapter in his career. His decision to retire fully reflects personal aspirations and goals, and I would like to extend my warm gratitude for his invaluable contributions”, Ib Jensen continues.

“The change of Leadership will also mark a new chapter in Perstorp Animal Nutrition’s journey towards sustained growth and excellence. The search for Aart’s successor has commenced and will be announced in due time”, Ib Jensen concludes.

www.perstorp.com

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