Tsunami in Japan trigger plastic raw material price increases
The price of plastic raw materials in Southeast Asia has increased up USD 20-30 per ton. It was following a refinery explosion in the tsunami that occurred in Japan.
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Agricultural films
Plastics have been used to increase food production and conserve water for 50 years in horticulture and agriculture: the demand in this market was 2.8 million tonnes in 2009.
Velox to distribute JJAZZ from JJI Technologies
Flame retardant manufacturer JJI Technologies (Painesville, Ohio / USA) has signed an agreement with Hamburg-based raw materials distribution and sales specialist VELOX for the distribution of JJAZZ in Europe.
Husky to acquire leading closure mold maker KTW
Husky Injection Molding Systems today announced its intention to acquire KTW of Waidhofen, Austria, recognized as a global leader in closure mold making.
Increasing prices on the PET market
PET prices in Europe accelerated upwards in February putting further pressure on the already squeezed margins of food and drink manufacturers.
Prof. Igor Čatić: The truth about bioplastics
We publish an article written by Croatian scientist Igor Čatić.
New expanssion plans of DuPont and Lanxess
DuPont and Lanxess announce plans to double the compounding capacity of their joint venture for the production of polybutylene terephthalate (PBT).
Borealis built a new semi-commercial plant for catalysts
Borealis, a leading provider of chemical and innovative plastics solutions, celebrates the groundbreaking of a new semi-commercial plant for catalysts in Linz, Austria. With a total investment of approximately EUR 75 million the company is further expanding its innovation capabilities in plastics.
Milacron changes its organizations
Milacron has made a series of organisation changes, including creating a global key accounts team and several new positions, as part of the plastics machinery maker’s customer-driven strategic focus.
Partnership between Reliance and BP Group
Reliance Industries Limited and BP announced a historic partnership between the two companies. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and Robert Dudley, BP Group Chief Executive, signed the relationship framework and transactional agreements in London.
Excellent year for Borealis
Borealis achieved significant net profit growth in 2010 with EUR 333 million compared to EUR 38 million in 2009, return to pre-crisis levels.
Rexam sales closures business
UK-based Rexam has announced it has put its closures business up for sales, confirming industry rumours that the packaging giant was looking to divest the struggling division.
Indorama has signed a definitive share purchase agreement to acquire Trevira
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.
2010 record year for BASF
According to BASF, 2010 was a record year for the company with sales of €63.9bn – up 26% year-on-year.
Cooperation between Cardia Bioplastics and Nestle
Cardia Bioplastics begins collaboration with Nestle to reduce environmental impact of packaging.
Import offers to Egypt increase after crisis
The Egyptian polymer market appears to be returning to some level of normalcy following the political turmoil which caused most of the regional Middle Eastern producers to step back, as per Chemorbis.
Asia is booming in packaging
China has developed into a global super power with giant strides. According to estimates of the German professional association VDMA Chinese machinery manufacturers took the lead for the first time in 2009.
Pallmann doubles orders
Size reduction technology specialist Pallmann Group reports very strong growth for 2010.
PET plastic bottle recycling market potential is enormous
Two former German Freudenberg and Rethmann recycling companies announced a joint venture "First PET" enterprise, specialized recycling PET beverage bottles.
German plastics industry continues to grow
After the deep recession in 2009, the German plastics industry is recovering strongly.
Sales of German plastics and rubber machinery rise faster than expected
German plastics and rubber machinery manufacturers have recovered from the economic crisis more quickly and decisively than anticipated a year ago.
Very good year for PKN Orlen
In 2010, PKN ORLEN (Poland) posted the best operating and net profits in five years, as well as the highest ever total sales volumes. The Company was consistently reducing its debt, while keeping the ratios required under its loan agreements at safe levels.
INEOS is offered $1 billion by PetroChina
INEOS is offered $1 billion by PetroChina for a 50% share in its European refining business.
Megatrends will be key to future growth for chemicals & materials markets
Frost & Sullivan’s unique ongoing research programme identifies, defines and evaluates Megatrends and their future implications for a range of business and markets, including the chemicals and materials industry.
Indorama signs Uzbek polyethylene deal
Singapore-based petrochemicals group Indorama plans to invest more than €437m in a joint venture project to construct a 400,000 tpa polyethylene production plant in Uzbekistan.
Interplastica 2011 - summary
Things are looking up again for the plastics and rubber industry in Russia. Interplastica 2011 characterised by positive market developments/20,000 trade visitors very interested in international vendors
Upakovka/Upak Italia 2011 - summary
Upakovka/Upak Italia 2011: The Russian packaging market is gaining noticeable momentum.
A Schulman consolidates its rotational moulding business
A. Schulman is consolidating its rotational moulding powders operations in Italy and Australia.
Promens acquires Marwin Plastic in Germany
Promens has acquired Marwin Plastic GmbH, a family owned plastic packaging manufacturer located in Hamburg, Germany.
First large high-pressure pipe extrusion line for Russia on order
By placing the order for a complete extrusion line to produce high-pressure pipes of up to 1,600 mm in diameter, ZAO Tehstroi, Kazan, will not only virtually double its own production capacity, but also extend the overall range of pipes produced for the Russian market in Russia.
Resin BV to Acquire YparexBusiness from DSM Engineering Plastics
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.
Industrial Packaging on the upswing: Mauser Group is well-positioned for 2011
The Mauser Group, a worldwide leading company in industrial packaging, is emerging from the economic crisis with renewed strength. After a successful year in 2010, the company is well-positioned and looks confidently to the future.
Rhodia increases its production in China
With a 25% sales increase in 2010 and a double-digit sales growth forecast for 2011, Rhodia Engineering Plastics is on track to boost its compounding capacity in China. The company expects to complete a 40% expansion at its Shanghai facility by July.
25th Edition of CHINAPLAS in 2011
Since China's reform and open door policy, all kinds of businesses have been thriving for the past three decades. As one of the important pillar industries of its economy, the plastics industry has continuously maintained high-speed development for the past 30 years.
Brückner Group acquires 100% of Swiss PackSys Global
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.