News Plastech
Clariant has launched two R&D laboratories for its Additives business in China, located in Huizhou and Shanghai. The facilities extend local capabilities from application development to full synthesis and pilot-scale development.
Plastotecnica, a producer of flexible polyethylene packaging, is celebrating its 50th anniversary. The company reported growth in revenue and volumes, as well as the development of projects related to post-consumer recycled material.
SI Group and Shengxiao Group have established Shengnova Advanced Materials to accelerate the expansion of biphenol production capacity in China. The project is intended to increase regional supply of the material for customers across Asia-Pacific.
Clariant has entered a strategic joint venture with Fuhua to develop next-generation, non-halogenated phosphorus-based flame retardants for construction, automotive and electrical and electronic applications, addressing tightening regulatory requirements.
Xycle, a pioneering startup committed to advancing a circular economy for plastic through chemical recycling technology, announces it has successfully secured financing to fund the construction of its first commercial-scale plant. The funds secured are a combination of equity investment from a consortium of investors; Dow, ING, Invest-NL (partly covered by InvestEU) and Vopak, and senior debt from Polestar Capital.
Breaking new ground in plastics recycling means assessing the value chain from end to end.
Stadler Anlagenbau GmbH, in collaboration with Krones, has designed and installed the new Republic Services Polymer Center in Las Vegas, Nevada, which processes plastic bottles, jugs and containers to produce plastic materials ready for use in new packaging. The first of its kind in North America, this facility closes the circular economy to meet the rising demand for high-quality and food-grade recycled plastic.
International distributor Biesterfeld and leading technical plastics manufacturer Celanese are further expanding their collaboration in the new year. The partners have agreed to enhance their joint portfolio and to cooperate to develop new markets.
Stadler Anlagenbau GmbH, together with weeeSwiss Technology AG, a subsidiary of the Stadler Group, have designed and installed the electronic waste sorting plant jointly with Immark at its site in Regensdorf.
Packaging specialist takes over shares from joint venture partner Billerud.
Lindner, renowned manufacturer of recycling solutions, continues its expansion course.
Borealis and TotalEnergies celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar polyethylene (PE) unit, which more than doubles the current production capacity at Baystar’s site in Pasadena, Texas.
SABIC and SINOPEC announced the commercial operation of a new polycarbonate (PC) plant at their 50-50 joint venture (JV) – SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC).
The jointly founded holding company Blueone Solutions aims to leverage both companies’ expertise and jointly execute research projects to create industry standards in plastics recycling.
PreZero and Shell Chemicals Europe (‘Shell’) aim to develop a sustainable chemical recycling solution along the value chain for currently hard to recycle plastic streams.
The Swedish compounders, Hexpol TPE AB and Polykemi AB, have collaborated on a 2K sustainable development project for consumer products.
Tape sandwich for greater stiffness, less weight and low production costs
Boosting the Regional Economy / Contract Extension to 2030
Indorama Ventures and Carbios announce the signing of a non-binding Memorandum of Understanding (MOU) to form a Joint Venture for the construction of the world’s first PET biorecycling plant in France.
Specialists in pharmaceutical packaging combine expertise and increase capacities.
Neste, Borealis, Uponor and Wastewise Group enable chemical recycling of hard-to-recycle plastic waste into new high-quality plastic pipes
The Alpla Group, together with its joint venture partners Ecohelp and UPT, has opened its first PET recycling plant in Romania after a construction time of nine months and investment of around 7.5 million euros.
International distributor Biesterfeld and science-based company Solvay are expanding their joint portfolio.
Elix Polymers has collaborated with Repsol and Leitat on a sociotechnological project with Ayúdame3D, a Spanish social startup that promotes the social value of technology through awareness-raising programs to help people with disabilities thanks to 3D printing.
Effective 25 July 2022, the Wittmann Group increased its company share in ICE Flex Srl and the company’s name has been changed to Wittmann Digital Srl.
Specialty chemicals company Lanxess and Advent International, one of the largest and most experienced global private equity investors with a well established track record in chemicals investings, are establishing a joint venture for high-performance engineering polymers.
Formed of the waste management expertise of Reclay and the high quality recycling capabilities of Borealis, Recelerate will grow from existing shared strengths across European markets
The recently opened Circular Plastics Australia PET recycling facility in Albury-Wodonga, New South Wales, is equipped with a recoSTAR PET 215 HC iV+ PET bottle-to-bottle recycling line from Starlinger that produces 2.5 tons of rPET per hour.
Injection moulding machine manufacturer Engel Austria has acquired the majority interest in TMA Automation in Gdynia, Poland. This strategic investment sees Engel reinforce its leading position in the field of injection moulding process automation.
Fujian Highsun Engineering Plastics Co., Ltd and AKRO-PLASTIC GmbH establish joint venture in China
Both companies have agreed to incorporate chemically-recycled styrene into the production of ABS/SAN, in compliance with the ISCC PLUS certification system.
Indorama Ventures would like to inform that it has signed a Conditional Share Purchase Agreement on 3rd August 2020 to acquire a 100% equity stake of Industrie Maurizio Peruzzo Polowat
Guzman Global, family owned business with more than 80 years of history, and Hromatka Group have reached an agreement for the latter to take a majority stake in Guzman Polymers.
Sibur and Gazprom Neft have consolidated 100% of the authorised capital in Poliom, a polypropylene plant in Omsk. Sibgazpolimer, a joint venture of the two companies, has signed an agreement to acquire a 50% stake in Poliom from the Titan Group.
Clariant today announced that it has signed a Memorandum of Understanding (MoU) with Saudi Kayan, a Saudi joint stock company leading in the field of chemicals, polymers and specialty products.
In 2018 Arlanxeo signed an agreement with Saudi Aramco to market and sell its share of Ethylene Propylene Diene rubbers (EPDM) produced in its Petro Rabigh joint-venture plant. Today, Arlanxeo launches its Keltan KSA Self-Service platform to serve its customers 24 hours a day, 7 days a week.