News Plastech
NatureWorks LLC, the world’s leading bioplastics manufacturer, announced that Thailand’s largest chemical producer, PTT Chemical Public Company Limited (PTT Chemical) is investing US$150 million in NatureWorks.
Braskem, the leading resin producer in theAmericas, announced the completion of its acquisition of the PolypropyleneBusiness from The Dow Chemical Company, an important milestone in the Company'sglobal expansion.
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, announced an agreement to acquire ColorMatrix Group, Inc., the leading global innovator in liquid colorants, additives and fluoropolymers.
Major global PET supplier Indorama Ventures is set to own Europe’s largest PET recycler - Wellman International.
Sibur has bought JSC Acrylate - the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
German Evonik Industries, a global leader of chemicals completed the sale of its black carbon activities to the US based investors Rhône Capital and Triton Partners. Carbon black activities brought sales worth of around €1.2 billion in 2010. New business operates as Orion Engineered Carbons.
Braskem SA from Brazil, the leading resin producer in the Americas has udertaken an important step in the polypropylene market and will pay $323 million for the acquisition of the Polypropylene Business from The Dow Chemical Company.
La Seda de Barcelona (LSB) and the company Control PET, SGPS, S.A, an investee of Imatosgil and Banco Espirito Santo, have formalised a sale-purchase agreement for the Portalegre based PET production plant Artenius Portugal.
Italy’s Amut acquires plastics and rubber recycling business.
Graham Packaging Company Inc. have announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of approximately $4.5 billion including assumed indebtedness.
Mauser’s reconditioning subsidiary National Container Group (NCG) acquired the majority shares of the Italian company Maider IBC, a leading reconditioner of IBCs.
The products made by these two companies, operating in the plastic processing machine automation sector, complete the Negri Bossi injection machine range.
Berkshire Partners LLC, the Boston based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, today announced that they have signed a definitive agreement to jointly acquire Husky International Ltd. and its subsidiaries ("Husky") from Onex Corporation and its affiliated funds.
Chemical company Clariant now holds 96.15% of Süd-Chemie after closing a deal to acquire the company from One Equity Partners and the family shareholders. The overall transaction value amounts to approximately €1.9bn.
The plastic bottle blowmolding giant is adding to its presence in the machine manufacturing market with its decision to purchase Techne, an Italian manufacturer of extrusion blowmolding machinery.
Specialty chemical producer Rhodia has completed the acquisition of the engineering plastics business of Indian company PI Industries Ltd (PIIL), after receiving approval of country’s authorities.
Gerresheimer AG, one of the leading worldwide suppliers to the pharma and healthcare industry, has acquired the Brazilian company Védat to strengthen its pharmaceutical plastic packaging business in South America. Védat is a major Brazilian manufacturer of pharmaceutical plastic packaging products, especially plastic closures.
Belgian chemicals and plastics company Solvay has announced plans to acquire Rhodia in a deal valuing the French company at €3.4bn. Solvay is offering €31.60 for each Rhodia share in cash as part of a friendly deal. The new group will have sales of €12bn.
The Klöckner Pentaplast Group announced that it has acquired the polypropylene (PP) and polystyrene (PS) mono- and multi-layer rigid films commercial activities from AMB s.r.l. (San Daniele del Fruili, Italy) for an undisclosed sum.
Husky Injection Molding Systems today announced its intention to acquire KTW of Waidhofen, Austria, recognized as a global leader in closure mold making.
Indorama Ventures Public Company Limited has signed a definitive share purchase agreement to acquire German company Trevira GmbH through a joint venture with Italy's Sinterama S.p.A. Indorama Ventures will become the majority partner while Sinterama will take a strong management role in the new joint venture company.
INEOS is offered $1 billion by PetroChina for a 50% share in its European refining business.
Promens has acquired Marwin Plastic GmbH, a family owned plastic packaging manufacturer located in Hamburg, Germany.
Resin (Products & Technology) BV, a privately held Dutch specialty-resin compounder, today announced that it is in the process of acquiring the Yparex adhesive tie-layer business of DSM Engineering Plastics.
The German Brückner Group announced today that effective January 31st 2011 Brückner Technology Holding GmbH has acquired all shares of PackSys Global (Switzerland) Ltd., located in Zürich, Switzerland.
Albéa (previously Alcan Packaging Beauty) today announced the acquisition of Betts Group, a leading producer of laminate tubes that operates 6 plants in the UK, Poland, Mexico, India and Indonesia.
Rhodia announces the acquisition of the new guar derivatives production unit belonging to the Suzhou HiPro Polymers company, based at Zhangjiagang in China (Jiangsu Province).
Univar, a leading global chemical distributor, announced it has successfully completed the acquisition of the Quaron business in Belgium and the Netherlands. This step reflects Univar’s commitment to growth and to strengthening its position, reach, service, technical expertise and product portfolio in the Benelux. Trading as a combined entity will commence on 10th January 2011.
PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, has acquired Uniplen Indústria de Polímeros Ltda. (Uniplen), a leading Brazilian producer of specialty engineered materials and distributor of thermoplastics.
UK-based rigid packaging producer RPC Group announced today that it has agreed to buy Danish packaging rival Superfos for €240m.
Specialty chemicals company Lanxess has come to an agreement with Royal DSM to acquire DSM Elastomers for €310m. Lanxess says the deal help strengthen its production technology for ethylene propylene diene monomer(EPDM).
Thailand's Indorama Ventures Public Company Limited has signed agreements with Korea's SK Chemicals Company Limited to acquire the entire issued capital of SK Eurochem Sp. z o.o., in Poland and PT SK Keris together with its subsidiary PT SK Fiber in Indonesia.
Just two years after the acquisition of UNA-DYN in the United States (October 2008), Piovan carries out another important operation aimed at strengthening its growth, particularly in the extrusion sector.
Finland-based packaging manufacturer Huhtamaki is selling its European rigid plastic consumer goods operations, excluding the business in Italy, for €52m.
Motan, Colortronic and Colortronic Systems join forces and combine their sales organizations.
Ashland Inc. last week completed its acquisition of Hercules Incorporated, creating a leading specialty chemicals company serving many of the world`s most essential needs and industries.