Uponor

Pipe manufacturer suffers from slump in building industry / Sales, earnings under pressure

Swiss corp gains title to outstanding minority Uponor shares / New name for previous GF Uponor unit

The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

Uponor takeover finalised

Aliaxis agrees to share purchase offer / Uponor takeover inches closer

Pipe manufacturer cuts sales outlook, raises profit forecast / Margin losses in European business

Rival bid from Georg Fischer gets nod from Uponor board, shareholders / Pipe maker valued at EUR 2.1 bn / Aliaxis withdraws offer

Belgian pipe maker buys Valencia Pipe ops

Finnish pipe maker rejects higher offer from Aliaxis

Board rejects Aliaxis bid / Margin edges higher in Q1 / Sales forecast at or above EUR 1.3 bn this year

Belgian pipe maker tables bid for Finnish competitor Uponor / Current offer nearly EUR 2 bn

Cost-cutting: pipe assembly plant in Germany to shut / Production to be shifted to Poland

Joint project demonstrates chemical recycling of PEX pipes / High yields achieved / Partners assess further opportunities

Infrastructure business to close pressure pipe systems plant in Denmark

JV to build waste sorting, recycling facility in Germany / Collaboration with Circularise on digital product passport prototype

PP based on bio-waste finds use in European pipes

Bondestam to head European pipe making industry group / Focus on Green Deal and challenging economic environment

Pipe maker acquires Polish supplier of sanitary, heating products / High raw material costs eat into profit margins

Follow-up: Even more German builders report supply shortages in May / Construction companies see stagnant growth in 2021

Michael Rauterkus tapped as new CEO / Strong construction activity in US and Europe ensures profits

Full-year 2020 financial targets lowered due to coronavirus pandemic / Recovery expected in Q3

Withdrawal of 2020 financial target due to potential coronavirus impacts

Global sales to grow 5% per year to 2025 / Growing urbanisation boosts demand for water supply pipes / Allied Market Research report

Finnish pipes manufacturer closes down activities in Asia

Building Solutions president resigns