News Plastech
In food and beverage retailing, a self-adhesive label can create a multi-functional solution that will both simplify accurate workflow and product throughput and provide an invaluable additional level of product authentication.
For the first time in its history, Engel Austria’s turnover exceeded €800 million in fiscal year 2011/2012. Two factors in particular have contributed to the upsurge: the introduction of the energy-saving Engel ecodrive option and the consolidation of system solutions.
Full steam ahead for ceramic, packaging, plastic and chocolate machines: business volumes up by 40% and 180 new employees, 90 of whom in Sacmi Imola alone.
The BOPP film industry continued to show robust growth during 2011 with demand advancing by 5.5% compared with 2010 to top 6 million tonnes for the first time according to the latest report on the global BOPP film market from AMI Consulting.
Biesterfeld Spezialchemie expands effective immediately the successful cooperation with Dow Corning in the field of innovative solutions for the electronics industry.
Following the approval of the Evonik Supervisory Board and the relevant antitrust authorities, Evonik Industries has successfully concluded the sale of the global colorants business.
During the first quarter of 2012 La Seda de Barcelona (LSB), has reached a consolidated turnover of 290 million Euros, which means an 11,7% increase with respect to the same period last year.
With continuous growth in scale over the years, Chinaplas 2012 (the 26th International Exhibition on Plastics and Rubber Industries), closed on April 21, 2012 at Shanghai New International Expo Centre, PR China, climbed another big step with new records of exhibition area, numbers of exhibitors and visitors.
Sibur is beginning temporary imports of basic grades of polypropylene to reduce the existing deficit in the Russian market.
International market leaders tend to look for shorter and more flexible supply chains. They select Bianor, injection moulder and contract manufacturer, for quality, reliability and service reasons.
In the fiscal year 2011/2012, Engel Austria generated sales of over €100 million in Asia for the first time.
There was a huge conference gathering the world experts from the pipe market.
There is still continuing demand for KraussMaffei Berstorff extruders and machines manufactured locally at the production plant in Haiyan.
Braskem reached an all-time record for polypropylene production on its Brazilian plants in March.
As one of the largest producers of injection molding machines Haitian International is announcing the annual numbers for 2011.
Total Petrochemicals announces that it has formed an exclusive alliance with Shaw’s Energy & Chemicals Group to jointly market and license Total Petrochemicals’ polystyrene technology on a worldwide basis.
Mauser Group, a worldwide leading company in industrial packaging, signed a reconditioning joint venture agreement with Bressan Inovações Ambientais in Brazil. With this partnership, Mauser expands its reconditioning activities in the South of Brazil in order to better serve its customers in the region.
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.
Sales at Krones, the world’s market leader for beverage filling and packaging technology were up by 14.1 % in the 2011 business year compared to 2010, rising from 2,173.3 to 2,480.3 million euros. Krones has thus overachieved its growth target.
The German plastic pipe industry has recovered very quickly from the 2008/2009 crisis in the financial market – a crisis that had also caused a temporary decline of production in this industry.
Symphony Environmental Technologies plc, the specialist in advanced plastics technologies (including d2w controlled life, and d2p anti-microbial products) is pleased to announce the signing in Hong Kong of a 20 year exclusive distribution agreement for the People's Republic of China, (excluding Hong Kong and Macau), between its wholly-owned subsidiary Symphony Environmental Ltd and the newly-formed Super Success International Limited (SSI).
Invista Engineering Polymers and Hromatka Group recently signed a distribution agreement to sell Invista’s new Torzen polyamide resin in Europe.
Styron Europe GmbH called for an improved process to help customers and the industry in Europe by settling monthly contract prices for polystyrene in the first week but not later than the 10th working day of each month, effective May 1.
Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry's Brussels based body.
In 2011 La Seda de Barcelona (LSB) completed its financial and operational restructuring process successfully. After refinancing its debt with the banks and redefining its core business by focusing on the Plastic Packaging sector, LSB is now facing a growth strategy for 2012 to allow its consolidation as one of the European leaders in this field.
LyondellBasell today announced that Samsung Total Petrochemicals Co. Ltd., a joint venture of Samsung Group and Total S.A, has selected the Lupotech T process technology from LyondellBasell for its new 200 KT per-year low density polyethylene (LDPE) and ethyl vinyl acetate (EVA) copolymer plant in Daesan, South Korea. Start-up is projected for 2013.
New distribution locations in Bielefeld and Wiwersheim near Strasbourg are strengthening corporate networks.
Bayer MaterialScience can begin construction in Dormagen of a new world-scale plant for a key plastics precursor.
BASF significantly surpassed the record levels of 2010 in sales and earnings, and thus again earned a high premium on its cost of capital in 2011.
Borealis, a leading provider of chemical and innovative plastics solutions, recorded a net profit of EUR 507 million in 2011, compared to EUR 333 million in 2010.
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.
DSM Engineering Plastics makes a strategic move to quicker anticipate customer needs around the globe.
Sumitomo Chemical announced that it held a groundbreaking ceremony and a celebration reception for the new solution styrene-butadiene rubber (S-SBR) manufacturing plant to be constructed in Singapore by its group company Sumitomo Chemical Asia PTE LTD.
The flexible packaging market in Europe is valued at around 20 billion Euros by Andrew Reynolds, the Research Director at Applied Market Information.
Russia offers excellent opportunities for the plastic industry and considerable potential for growth.
Coperion GmbH, Stuttgart, has acquired a majority stake in PELL-TEC Pelletizing Technology GmbH, Niedernberg, Germany.