Bayer builds new polycarbonate plant in China
Bayer MaterialScience has started buiding a new plant in Guangzhou City few days ago.
Market
News Plastech
Volkswagen is the 1000th Engel ecodrive customer
The demand for energy saving options is unabated: after all, saving energy means reducing unit costs.
Fakuma 2011 - market situation
We publish an article written by Prof. Dr.-Ing. Martin Bastian, who is managing director of the Southern German Plastics Centre. His text is related with the current situation in the plastics market.
Milacron: positive financial statistics
Milacron LLC, a U.S.-based, global supplier of plastics processing technologies and industrial fluids, recently observed its 2nd anniversary with the announcement of positive financial statistics. The numbers demonstrate substantial sales growth, market diversification and increased profitability across all business units.
Engel forecasts record year
Engel will generate the highest turnover in the company's history in the current fiscal year, which ends in March 2012.
Fakuma 2011 in Friedrichshafen
1670 companies from 34 countries will exhibit on 915,000 square feet of floor space at the 21st Fakuma international trade fair for plastics processing, which will take place at the Friedrichshafen Exhibition Centre from the 18th through the 21st of October.
European plastics and rubber machinery manufacturers set to reach all-time high again
The European plastics and rubber machinery industry achieved remarkable rates of growth in 2010 and 2011 and is on course to match the 2008 record.
Solvay expands cooperation with Albis Plastic
Solvay expands cooperation with Albis Plastic in the area of high performance plastics.
Upswing in the Italian plastics and rubber processing machinery industry
It was excellent half year in the Italian plastics and rubber processing machinery industry.
European centre of competence for electric injection moulding machines
In 2009, Sumitomo (SHI) Demag Plastics Machinery GmbH established a European centre of competence for electric injection moulding machines at its location in Wiehe, Germany.
Sibur and Sinopec plan joint venture
Sibur and Sinopec plan two joint ventures and extend their cooperation.
Thailand preferred location for next state-of-the-art Ingeo manufacturing facility
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.
DSM Engineering Plastics and Resinex sign distribution agreement
DSM Engineering Plastics and Resinex have entered into a distribution agreement, to join forces in the market development and sales of DSM Engineering Plastics resins in Switzerland.
Gerresheimer upgrades revenue guidance after strong burst of growth
Gerresheimer AG, one of the leading worldwide suppliers to the pharma and healthcare industry, reports strong growth in the third quarter of the 2011 financial year.
Braskem solidifies its U.S. polypropylene leadership
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.
New leading styrenics supplier starts operations
On October 1 st, 2011 Styrolution officially started operating as an independent company, following the approval of the relevant antitrust authorities.
2000 visitors at Engel Open House in Dietach
With competition and the demand for efficiency growing, system solutions – machine, automation, process technology, training and service from a single source – are becoming increasingly important.
Jesma Weighing Solutions expands in Germany and Poland.
The weighing and gravimetric dosing specialist “Jesma Weighing Solutions” is expanding its activities on the major markets, Germany and Poland.
Joint venture between DuPont and Shanghai 3F New Materials
China’s leading manufacturer of fluorine chemical and polymer products, Shanghai 3F New Materials, said in an announcement that the company has signed an agreement of intent with DuPont China Holding to establish a joint venture in 2012.
LyondellBasell did not find buyer for refinery in Berre
LyondellBasell announced that the sales offering for the 105,000 barrels-per-day refinery in Berre, France has resulted in no offer to purchase the refinery.
Indorama buys Europe’s largest PET recycler
Major global PET supplier Indorama Ventures is set to own Europe’s largest PET recycler - Wellman International.
Problems with Russian polymers export
Russian exports of most polymers, especially to China, fell significantly during the first half of 2011 against the same period last year as domestic demand picked up strongly.
FKuR and Braskem sign green PE compounding agreement
Global biopolymer leader Braskem and bioplastics compounding specialist FKuR have signed a compounding agreement for BioPE, Green PE. This strong partnership will result in the first tailor-made green polyethylene compounds available in Europe.
Bioplastics – the North American agenda
Bioplastics Compounding & Processing 2012 is an international industry conference on the profitable use of bioplastics. It is scheduled on 8-9 May 2012 in Miami, USA.
Lanxess invests €90m in plastic materials business
Lanxess yesterday announced a series of investments, totalling €90m.
Mauser NCG expands the company’s reconditioning plant in Brazil
By opening a new factory building adjacent to its location in Taubaté near São Paulo, Mauser NCG will be able to offer full recycling services to its customers in the region.
A. Schulman to close Nashville plant
Materials firm A. Schulman Inc. plans to close its compounding plant in Nashville, Tenn., in a move that will eliminate 60 jobs.
La Seda improves its results
La Seda de Barcelona, the Spanish PET resin and packaging group, has benefited from operational improvements which it started last year as part of a five-year restructuring plan.
BASF expands production of insulation material Styrodur C
BASF will substantially expand the production plant for the insulation material Styrodur C at the Ludwigshafen site in Germany. This will increase the production capacity of the extruded polystyrene rigid foam panels (XPS) from the current 1.3 million m³ by an additional 220,000 m³.
Sibur acquires JSC Acrylate
Sibur has bought JSC Acrylate - the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
Rexam agrees to sell Closures for $360m
Rexam PLC, the global consumer packaging company, announces that it has agreed to sell its beverage and speciality closures business (“Closures”) to Berry Plastics for $360m in cash, subject to certain asset adjustments. Completion is expected in Q3 2011 and is conditional on regulatory approvals.
KraussMaffei ahead of schedule on plant extension
The extension of the KraussMaffei production plant for automation solutions is progressing quicker than planned.
PolyOne announces second quarter 2011 results
PolyOne Corporation has reported revenues of $768.8 million for the second quarter of 2011, an 11% increase compared to revenues of $692.9 million in the second quarter of 2010.
New Indorama’s plants in Thailand and Indonesia
Indorama Ventures to invest in new Thai recycling plant and high technology business in Thailand and Indonesia.
Glass packaging output picks up after tough 2009
The glass packaging industry in Europe posted a 3.5 per cent year-on year production increase to 20.7 m tonnes in 2010 as output partially recovered from its 2009 slump.
Green packaging market
The “sustainable and green packaging market,” as it is referred to by independent business information provider Visiongain, will be worth $107.7 billion in 2011.