BASF to acquire parts of Ciech’s TDI business
BASF and Ciech today announced the acquisition of parts of Ciech’s global TDI (toluene diisocyanate) business by BASF.
Acquisitions
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Velox expands portfolio to include composites product range
Velox, the Hamburg-based distributor of raw material specialities, acquires the composites business of the Belgian Azelis Group. At the time of acquisition this Azelis business area comprises some 50 employees in 12 European countries and reports turnover of around € 50 million.
Azelis sells its Thermoplastic Polymers Business Area
Azelis has announced, in line with its strategy to focus on specialty chemicals and ingredients, the sale of the Thermoplastic Polymers Business Area within the Azelis Group to Gazechim Plastics who has acquired this business.
Mauser has acquired a majority stake in container solutions South Africa
Effective June 29, 2012 the reconditioning subsidiary of Mauser, NCG has acquired 51 percent of the shares in Container Solutions South Africa, the leading reconditioning company in South Africa.
Elasto Müller Kunststoffe expand in caps and closures market
Elasto Müller Kunststoffe, the TPE division of Hexpol, is pleased to announce they have agreed a deal to take over the business activities of European Plastic Sealants (EPS) based in Sottrum, Germany from 1 July 2012.
BASF acquires Mazzaferro polyamide polymer business
BASF announced that it has acquired the polyamide (PA) polymer business of the Mazzaferro Group, Brazil and is hereby further strengthening its position with regard to engineering plastics and polyamide polymers in South America.
BASF acquires extrusion technology from B.C. Foam
BASF has purchased the PET foam business of the Italian company B.C. Foam S.p.A., headquartered in Volpiano.
Sibur has increased its share in the largest Russian producer of polypropylene film
Sibur has completed a deal to acquire 50% of the chartered capital of Biaxplen LLC, one of the largest Russian manufacturers of biaxially oriented polypropylene film (BOPP).
Nordenia focuses on fast moving consumer goods
By 31/03/2012,the worldwide operating Nordenia Group will have sold the business area FIBC (Flexible Intermediate Bulk Containers) and Liners within the framework of a management buyout.
Schoeller Industries takes over ProTec, a subsidiary of Mann+Hummel
OHL Engineering GmbH PET Recycling Technologies, a subsidiary of Schoeller, Pullach near Munich, has taken over the operative business of the Mann+Hummel subsidiary ProTec, with headquarters in Bensheim.
Skanem goes to India
Skanem Group partners with the Indian labeling company Interlabels in order to take part in a growing market in South Asia.
Wienerberger will acquire Solvay's stake in Pipelife
Solvay and Wienerberger announced that they have signed a binding agreement for the sale of Solvay’s 50% stake in Pipelife, one of the world's leading suppliers of plastic pipe systems, to Wienerberger.