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Donald Picard starts consultancy to stay involved in polymers Donald Picard starts consultancy to stay involved in polymers After 40 years in the rubber industry, Donald Picard formed his own consultancy firm. SANDOWN, N.H.—When Donald Picard found himself on the outside looking in after a restructuring at custom mixer Hexpol Compounding in early 2020, he wasn't ready to call it a career. Nobody would have blamed him if he decided it was time to ease up a bit after more than four decades in the rubber, plastics and HCR silicone industries, and concentrate on all the things retirees do. Afte...
Harwick Standard hires Marc Pignataro to executive role Harwick Standard hires Marc Pignataro to executive role Rubber & Plastics News Staff Print Marc Pignataro has been named vice president of sales and marketing at Harwick Standard Distribution Corp. AKRON—Marc Pignataro has been hired to replace Dan Davis as vice president of sales and marketing at Harwick Standard Distribution Corp. For the last 14 years, Pignataro worked first for Preferred Compounding Corp. and then Hexpol Compounding after it purchased Preferred in 2019. He most recently served as director of sales for the northern ...
Larger mixers tout economies of scale, along with the need for speed AirBoss recently opened this upgraded laboratory in Kitchener, Ontario. There's no doubt the larger players in the North American custom mix business look at the market different than their medium and smaller counterparts. They can service high-volume accounts, benefit from economies of scale and have the flexibility to source customers from more than one facility. And when talking about mergers and acquisitions, they tend to be buyers rather than the sellers. After years of being the buyer on a long stream of acquisitions, ...
Hexpol eyes more acquisitions after 'best ever' quarter Hexpol's head office in Malmo, Sweden. MALMO, Sweden—Hexpol A.B. has seen a significant rebound in fourth quarter operating profit and a strong cash flow, which could support the rubber group's "acquisition agenda." During the final three months of 2020, operating profit rose 47 percent year-on-year to $74 million, on 10 percent lower sales of $404 million, Hexpol announced Jan. 29. For the full year, the Swedish compounder posted sales down 13.4 percent year-on-year to $1.6 billion, with operating profit coming in 5.2 percent lower at...