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.
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, a leading provider of innovative, value creating plastics solutions, has inaugurated officially the Guangzhou Logistics hub.
The world’s largest rigid PET sheet plant has opened in the Omani port of Salalah, says its operator Octal Petrochemicals.
Can – Pack, the company based in Poland, strengthens its position on the international cans and closures market.
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, 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).
Global demand for plastics processing machinery should grow nearly 5% a year for the next four years with sales in developing countries outpacing the US, Western Europe and Japan, according to Freedonia Group.
Polymer demand in 2008 in four key Central European countries - Poland, Hungary and the Czech and Slovak Republics - reached 4.28m tonnes, according to an estimate from AMI.
The Dow Chemical Company announced a series of aggressive actions to accelerate its transformational strategy in light of current economic realities.
Ashland Inc. last week completed its acquisition of Hercules Incorporated, creating a leading specialty chemicals company serving many of the world`s most essential needs and industries.
Plastics and rubber machinery manufacturers in Europe: high expectations for production in 2008 - downturn in 2009