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Andreas Heeschen buys 50 percent of LyondellBasell
LyondellBasell Industries, the world’s largest polyolefins maker, has gained an additional owner in German investor Andreas Heeschen.
LyondellBasell has a new CEO
LyondellBasell Industries announced that its Supervisory Board has named James L. (Jim) Gallogly chief executive officer, effective immediately. Gallogly will succeed Volker Trautz who has announced his retirement from the company. The terms of the appointment are subject to the approval of the U.S. bankruptcy court overseeing LyondellBasell's reorganization plan.
Major capacity expansion for Sarlink TPV
Sarlink has officially opened a new production facility in Genk Belgium. The new plant will double Sarlink’s global capacity and provide the company with a timely expansion as Thermoplastic Vulcanisate (TPV) material solutions are becoming more popular than ever, thanks to the material’s unique balance of properties and benefits.
Borouge commits to further the strategic expansion of its polyolefins operations in Abu Dhabi
Following the successful completion of the feasibility study announced last year, Borouge, a leading provider of innovative, value creating plastics solutions, has decided to enter the FEED (front-end engineering and design) stage of its Borouge 3 project.
Milacron maintains presence, commitment to NPE
Milacron announced today that, despite the current economic conditions and recent withdrawals by several major plastics industry players, it will maintain its commitment to customers and the industry with continued involvement in NPE 2009.
PlastIndia 2009 review
PlastIndia 2009, the 7th International Plastics Exhibition & Conference organized by PlastIndia Foundation, the apex body representing India's plastics industry has witnessed a thumping success: un-precedented in the annals of PlastIndia Exhibition & Conference. The World's 2nd largest exhibition and conference brought together the who's who of the plastics industry on one platform resulting into exchange of expertise, technology know how, and innovations.
LyondellBasell to close French LDPE plant
LyondellBasell is to end the production of LDPE at Fos-sur-Mer, France. The unit has been partially idled since March and the company has started the employee consultation process regarding a project to shut down the unit permanently. The plant currently has 80 permanent employees.
Greiner Extrusion nnd KraussMaffei Berstorff intensify cooperation
Greiner Extrusion and KraussMaffei Berstorff are to pull on a single rope together in future. The two companies see the promise of powerful headwinds behind them in the current stormy market situation for extrusion plant as a result of their shoulder-to-shoulder stand.
Krauss-Maffei is looking to lay off 10%
Plastics processing machinery producer Krauss-Maffei is looking to lay off 10% of its 2,000 staff, with negotiations already underway with the works council in Munich.
wire 2010: wire – indispensable, versatile and future-oriented
The wire and cable processing industry at wire 2010 in Düsseldorf.
Precisely dosed for high quality fleece fabric
Precisely dosed for high quality fleece fabric Process-stabilised dosing of all components directly during the manufacturing process – that is one of Mann+Hummel ProTec’s core competencies. The fleece manufacturer RKW Gronau relies on exactly this competence in its new nonwoven fabric plant. The SOMOS Gramix S9 gravimetric dosing and mixing system, designed for up to nine formula components, is integrated in the plant.
Clariant opens new facility in China
Leading specialty chemical company Clariant is building a surfactants plant in Zhenjiang, Eastern China to help meet the needs of the country’s growing demand. The new facility is scheduled for production in the middle of 2009.
Bankruptcy of Plastal
Swedish auto supplier Plastal has filed for bankruptcy, citing a “severe liquidity crisis” due to problems in both the auto industry and distressed financial markets.
Superfos innovations in 2009
In spite of the financial crisis, Superfos will keep on developing new product solutions and remains optimistic about the year ahead.
Exclusive cooperation between Coperion and inconso
The Materials Handling Competence Center of Coperion, formerly Coperion Waeschle, has signed a mutually exclusive cooperation agreement with inconso AG, Bad Nauheim, Germany.
Good year for Bayer but plastics division suffers
Bayer has reported a 58% hike in its Q4 net profit, despite difficult market conditions, and said it expects future growth for its healthcare and farming science divisions during 2009. However, the company revealed a disappointing drop in earnings for its material science business, which includes plastics and sealants.
Illig Presentation Days well received: thermoforming efficiency increased once more
Illig, manufacturer of thermoforming machines, welcomed more than 100 participants from the whole European market on occasion of the company's Presentation Days, January 27 and 28, 2009.
Still some bright spots in labelling trends – FINAT report
There are small signs that growth is remaining in some parts of Europe’s self-adhesive label industry –principally Central, South and Eastern Europe – but it is much reduced from the heady years of 2006 and 2007.
Coca-Cola Bottling System chooses Sidel as key supplier of blow molds for its new bottle shape
Coca-Cola Bottling System has benefited from the expertise of Sidel’s worldwide network for the manufacture of approximately 2,000 blow molds for its new On-the-Go bottle.
Manufacturers of construction equipment and building material machinery well prepared for end of boom
After six years of growth in a row, the German construction equipment and building material machinery industry expects to see an end to the construction boom in 2009.
Alcan Packaging has sold its plant
Alcan Packaging has sold its Arras food flexible packaging plant in northern France to Plastienvase Francia Sarl, a 100% subsidiary of Plastienvase S.A. based in the Cordoba region of southern Spain. Terms of the sale were not disclosed
Summary of Upakovka/Upak Italia 2009
Upakovka/Upak Italia: Even in hard times, the Russian packaging market offers a wealth of opportunities. Moscow trade fair records high levels of visitor interest and satisfied international exhibitor companies.
Industrial crisis follows financial crisis
The Brussels-based plastics processors association EuPC has told EU officials that financial support for the automotive industry needs to be extended to component suppliers.
Sacmi steps closer to full control of Negri Bossi
Italian injection moulding machine maker Negri Bossi is preparing itself for further restructuring and full integration into parent company Sacmi.
Chadwicks expands into shrink sleeves
Leading pre-cut lid manufacturer Chadwicks is moving into the shrink-sleeve market following recent investments.
Pregis launches ‘The Advantage Team’ customer service brand
Pregis Corp., a leading supplier of protective packaging solutions, launches The Advantage Team customer service brand and “we make it happen” tagline.
Global availability of Tetra Gemina Aseptic
Tetra Pak today announced the global availability of Tetra Gemina™ Aseptic, the world's first roll-fed gable top shaped package with full aseptic performance for the packaging of both juice and milk-based products.
Performa 2S gains market share
Stora Enso's Performa 2S board is gaining market share in the category of two-side coated folding boxboard, which is used for high-quality graphical and packaging products. Since its market launch over a year ago, the board has quickly increased its domination in its product category.
Rapid collapse of prices for steel products
In summer last year the manufacturers of tin plate packaging and closures still faced drastic rises in the price of supply materials. Then the December motto ran: feedstock prices for sheet steel packaging no longer follow spot market prices. The result is great insecurity amongst steel processing companies and their industrial buyers.
Borouge opened a new Logistics hub
Borouge, a leading provider of innovative, value creating plastics solutions, has inaugurated officially the Guangzhou Logistics hub.
Octal Petrochemicals opens the world’s largest rigid PET sheet plant
The world’s largest rigid PET sheet plant has opened in the Omani port of Salalah, says its operator Octal Petrochemicals.
Can Pack have started its operations in Great Britain and prepares entering on the Egyptan market
Can – Pack, the company based in Poland, strengthens its position on the international cans and closures market.
Borealis launches new Mobility Business Unit
Borealis launches Mobility Business Unit to extend its capability in automotive applications development into new business segments.
Model Group is to acquire the newly established Aarepapier AG
Model Group is to acquire the newly established Aarepapier AG, comprising some 90 employees and all activities of Mondi Niedergösgen AG. Model AG will also be acquiring 70% of the regional waste disposal facility Regionale Entsorgungsanlage Niedergösgen AG(Reni).