EuroWire November 2022

Corporate News

Huber signs agreement to acquire Biolchim Group

Materials (HEM), a company within the Huber portfolio of businesses. Leonardo Valenti, CEO of the Biolchim Group since 2008 and a pioneer in the plant nutrition industry, will continue to lead the Biolchim Group through the next phase of growth and the integration.

All the companies in the Biolchim Group – including Biolchim SpA, Cifo, Ilsa SpA, Matécsa Kft and West Coast Marine-Bio Processing Corp – are within the scope of the purchase. The Biolchim Group operates eight production plants globally and its products are present in more than 70 countries. Upon close of the sale, the BiolchimGroup will become part of Huber Engineered

Engineered materials manufacturing company JM Huber Corporation has signed a binding agreement to acquire full control of the Biolchim Group from NB Renaissance, Chequers Capital and the Biolchim Group management team. Closing of the sale, anticipated to occur by the end of 2022, is subject to customary conditions including foreign direct investment approval in Italy.

JM Huber Corp www.huber.com

Maillefer Extrusion Oy At wire India 2022, Maillefer will continue on its path towards the digitalisation of manufacturing. The company continuously develops its extrusion technology, and visitors to the stand will be able to learn about the past three years’ progress. Maillefer will show its latest low voltage technology solutions and will introduce its local manufacturing facility, serving the Indian market with components made in India. CV line solutions and technologies for power cables (MV, HV and EHV) will also be promoted. A high-speed OEL40 secondary coating line will be presented for fibre optic cable producers. Visitors will be able to experience several demonstrations and will get to see cable samples. Maillefer Extrusion Oy www.maillefer.net F 141

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Ddev Group DPIL (Ddev Group) was formed upon the demerger of Kkalpana Industries (India) Ltd. The group’s flagship company – Ddev Plastiks Industries Limited – having inherited the compounding business of Kkalpana Industries continues to service its diversified portfolio of products, comprising PVC compounds for building wires, power cable insulation and sheathing to speciality compounds such TBA

changing requirements, and periodically investing in R&D setup and manufactur- ing facilities to create products for applications in the field of wire and cable, as well as footwear, pipes, automobiles, consumer durables, electrical appliances and light fittings. Ddev Group https://ddevgroup.in

as flexible grades, and oil-resistant and RoHS grades. Ddev Group manufactures and supplies XLPE compounds for lowvoltage, medium voltage and high voltage applications. As well as supplying the Indian market, Ddev Group exports to 50 overseas destinations, focusing on customers’ ever

Finproject SpA/Padanaplast Srl Padanaplast, a specialist in polyolefin compounds, is continuously looking for new technological solutions to offer more advanced products to the wire and cable industry.

TBA

14001 and BS OHSAS 18001. Established in 1971, the company has pioneered the technology of XLPE silane crosslinkable polyethylene compounds, and has been offering HFFR compounds for cable sheathing, wire insulation, pipe and fitting applications since 1982. In 2017, Padanaplast became a member of Finproject, a major Italian business in crosslinkable polyolefin compounding, extrusion and moulding. Finproject SpA www.finproject.com Padanaplast Srl www.padanaplast.com

offers a high chemical resistance to fluids such as mineral oils, fuels, hydraulic oils, drilling fluids and other chemicals, where good retention of mechanical properties and low swelling are essential. The manufacturer says that Cogegum GFR 1907 is suitable for on- and off shore cables, chemical industry cables and windmill cables. It also shows good flexibility, resistance to hot pressure up to 140°C, and compact char forming behaviour in case of fire. Padanaplast, based at Roccabianca near Parma in Italy, operates 14 production lines certified to EN ISO 9001, ISO EN

Leveraging its core technologies, the company is able to serve those sectors that are more demanding in terms of high performance, technological know-how, competitiveness and safety. The newgrade Cogegum® GFR 1907 offers a solution where high chemical resis- tance and self-extinguishing performance are required. Conceived as HFFR silane crosslinkable material for jacketing, it

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November 2022