London - Crain Communications Ltd, London-based publisher of Urethanes Technology International magazine and co-creator of the UTECH concept, has assumed full control of the polyurethane industry events, beginning 3 April 2009.
The move was prompted by the retirement of Tony Kenter - owner of Industrial Promotions International BV (IPI), of Goor, the Netherlands, and co-creator of the UTECH events - on reaching his 65th birthday, as specified in the original contracts establishing the joint venture, explained Paul Mitchell, managing director of Crain's London operation, in Crain Communication's 7 April announcement.
No financial details were revealed, but IPI will continue to operate their other exhibitions independently under its own management, with Crain taking full responsibility for all aspects of UTECH North America 2010, PU China 2010, UTECH Asia 2011 and UTECH Europe 2012.
Since 1986 the two partners have combined resources to organise a series of major exhibitions and international conferences for the polyurethanes sector, with great success through regular events in Europe, Asia, China, Latin America and, more recently North America.
The handover came following the UTECH Europe 2009 event in
The creation of this event helped the polyurethanes industry recognise that, for the first time in its history, it had an identity and wasn't just some odd, isolated part of the rubber or plastics industries.
The value of this concept in bringing all components of the polyurethanes industry together is now well recognised and, with the latest move, UTECH looks set for a solid future under the direct management of Crain Communications, the leading global communication specialist in the polymer sector.
Apart from its Urethanes Technology International magazine and the recently launched regular editions of Urethanes Technology North America, Crain publications in the sector include Plastics News, Rubber and Plastics News and Tire Business in North America, with Plastics and Rubber Weekly, European Rubber Journal and European Plastics News in the
"The strength of this combination is undoubted," suggests Mitchell of Crain, "even in these difficult times, the UTECH Europe 2009 event attract more than 2800 polyurethane specialists, all keen to find a profitable way forward for their companies, despite the current situation.
"Under the unified control now created, we are confident that the value of this event will continue to grow, alongside the world's most dynamic and versatile polymer technology," he concluded."