Booming in Middle East wire & cable industry
Clariant Masterbatches positioned to serve booming Middle East wire & cable industry.
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Albea acquisites Betts Group
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.
Bayer cooperates with Albis
Bayer MaterialScience is stepping up its activities in Russia by expanding its cooperation with the Albis Group, Hamburg.
DSM and KuibyshevAzot: strategic cooperation in Russia
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, and KuibyshevAzot OJSC (KA) announced a strategic cooperation.
Songwon focuses on local customer support with Caldic as new distribution partner
Songwon, a global leader in the manufacture and delivery of additives for the plastics industry, has chosen Caldic as its distribution partner in France and the Benelux region.
Proven system and process expertise for the automotive industry
The well-known automotive components supplier IAC Group (Krefeld, Germany) has chosen KraussMaffei as system supplier to equip the company’s new production plant in Bals (Romania).
Future market Russia needs to modernise
The recession has increased awareness in Russia of the need to press ahead with modernising the economy. The best form of protection against future recessions is greater diversification and focus on innovation in the national economy.
PET investment in Belarus
Belarus plastics producer Mogilevkhimvolokno plans to strengthen its PET business through the construction and launch of a new 120,000 tpa bottle grade PET polymer plant by 2015.
China's low smoke halogen free flame retardant polypropylene industry
Polypropylene (PP) is a kind of general-purpose plastics with large output and favorable performance. The modified PP is extensively applied in automobiles, building materials, electrical and electronic components, various pipes and fittings, etc.
UK plastic bag industry says Italy’s plastic bag ban contravenes EU law
Following the announcement that Italy is to implement a ban on shopkeepers handing out plastic bags after their current stocks run out, the UK lobbying group CBC says the move contravenes EU Law, will lead to greater environmental impacts as people switch to heavier alternatives, and by giving preference to degradable bags, will hit plastic recycling rates and increase greenhouse gas emissions.
SABIC cooperates with Mauser
SABIC partners with Mauser to develop high-performance, cost-effective granulated HDPE for industrial containers.
Playmobil buys 30 Sumitomo Demag injection moulding machines
Playmobil to place purchase order for 30 machines made by Sumitomo (SHI) Demag for their Dietenhofen facility.
OCTAL secures US$296 million for next phase of expansion
Global PET packaging leader OCTAL is on track to complete the second phase of its operational expansion this year following a new round of funding from six Middle Eastern banks.
World demand for Nylon 6
Strong demand for nylon 6 in China is leading market growth for the engineering polymer, says Chemical Market Associates Inc (CMAI), which forecasts global demand to grow at an average annual rate of close to 5% up to 2015. CMAI did not disclose exact figures in its press release for the 2011 World Nylon Engineering Resins Analysis.
World demand for caps and closures
World demand for caps and closures is expected to reach $40bn by 2014 boosted by continued growth in Asia and greater use of plastic packaging, according to Freedonia.
Rhodia reinforces its worldwide leadership in guar technology
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).
Invista continues global expansion of airbag fiber production
After announcing plans to double the capacity of its Shanghai airbag fiber facility, INVISTA has now completed plans to generate up to 4,500 tons of additional nylon airbag and industrial yarn at its production facilities in Kingston, Ontario, and Gloucester, U.K.
Cereplast ahead of curve on bioplastics
Cereplast Inc Chief Executive Frederic Scheer is betting that plant material such as corn starch and tapioca will one day eclipse petroleum to become the main material for shopping bags, toys and thousands of other items made of plastic.
Stora Enso invests in Poland
Stora Enso is strengthening its leading position in corrugated packaging in the growth markets of Central and Eastern Europe by renewing containerboard capacity at its Ostrołęka Mill in Poland.
PET market in Europe
Growth opportunities for blow moulders, especially those in PET, are in no short supply. Researchers suggest that the latent potential for PET barrier bottles in beer, wine, and milk is equivalent to the current size of the carbonated soft drinks (CSD) market for PET bottles in Europe, which was just under 1 million tonnes in 2010.
Gerresheimer invests in Czech Republic
Pharmaceutical and medical products manufacturer Gerresheimer group is preparing to expand production of moulded plastics components at its Horsovsky Tyn plant in the Czech Republic.
ZA Puławy starts the year with new contracts signed
Zakłady Azotowe Puławy S.A. (“ZA Puławy”) has signed new contracts for the sale of caprolactam to customers in Asia. The value of the contracts in 2011 is estimated at PLN 365m, which accounts for some 50% of the Company's annual output.
Univar's acquisition of Quaron is completed
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 acquires second specialty business in Brazil
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.
Thin wall plastics for packaging reduction targets
Thin-walled plastics packaging is used in a wide range of industries including dairy containers like yogurt cups, yellow fats, frozen foods, fruit and vegetables, bakery, ready meals, juices, soup and meats.
Market and technology trends for waterproof membranes
The construction industry in Europe has been in decline since 2008, with figures from Euroconstruct showing total spend of 1444 billion euros in 2008, 1316 in 2009 and an anticipated 1264 in 2010.
Masterbaches market in Asia
South East Asian region consists of China, Korea, Taiwan and the ASEAN countries. The outlook of masterbatches in this region is quite buoyant. Demand pattern in this region is quite diverse with countries like Korea, Singapore and Taiwan having scope for growth of sophisticated masterbatches, while countries like Vietnam constitute a small but rapidly growing market.
Bayer invests in China
Bayer intends to significantly expand its capacities for the production of high-grade materials in China by 2016. Investments of around EUR 1 billion are planned at the Shanghai site.
Global trade in plastics industry
Demand from European converters fell back 7.2% from 2008 to 45 million tones in 2009. The market share of end use applications remained stable with packaging. The largest segment representing 40.1% of overall demand.
Rhodia: stronger position in India
Rhodia to accelerate its growth in India with the acquisition of PI Industries’ Engineering plastics business.
Interview with Bernhard Rupke, CEO of Hekuma
Managing director, Bernhard Rupke, gives a status report as well as an outlook to the future of the company.
RPC Group set to acquire Superfos rival for €240m
UK-based rigid packaging producer RPC Group announced today that it has agreed to buy Danish packaging rival Superfos for €240m.
Arburg after K 2010
At the “K” leading international plastics trade fair, Arburg presented groundbreaking products and applications covering diverse aspects of injection moulding technology.
Lanxess acquires DSM Elastomers
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).
Indorama acquired SK Eurochem
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.
