Latest News

Borealis announces EUR 225 million net profit for third quarter

14.11.2007 - • Operating profit growth in Q3, 29% above the same period in 2006 • Norway divestment contributes EUR 105 million to results • Borealis launches Water for the World at K 2007 Borealis (www.borealisgroup.com), a leading provider of innovative, value creating plastics solutions, announces an operating...

BASF further expands its position for engineering plastics in Europe

14.11.2007 - Acquisition of SABIC Innovative Plastics’ shares in the joint venture for PBT production in Schwarzheide / Strong growth of the European market for engineering plas-tics expected to continue unabated BASF (www.basf.com) has signed an agreement with SABIC Innovative Plastics (www.sabic-ip.com) on...

Evonik Röhm: Price Increase for Methacrylate Resins

14.11.2007 - The Binders & Additives (BD) Business Line, part of Evonik Röhm GmbH (www.binders-and-additives.com), a subsidiary of Evonik Industries AG (www.evonik.de), Essen, will implement price increases for its methyl methacrylate-based resins by up to 10% in Europe, Asia Pacific and the Americas, effective...

Ineos Nova: European Polystyrene Price Announcement for November

13.11.2007 - INEOS NOVA (www.ineos-nova.com) announced recently that the prices for all European Polystyrene products sold in November will be kept equal to the October Price. The Polystyrene price stability and the margin expansion is fully justified by company’s view of the Supply/Demand balance for Polystyrene....

DuPont Fluoropolymer Solutions Increases Prices

08.11.2007 - DuPont Cites Rising Costs, Demand for Additional Capacity and Accelerated R&D DuPont Fluoropolymer Solutions (www.dupont.com) announced a global price increase, effective Nov. 1, 2007, for fluoropolymer resins and dispersions, of up to 20 percent depending on the product family and grade, and subject...

Basell: LyondellBasell Industries to be new company name

06.11.2007 - Basell (www.basell.com) and Lyondell Chemical Company (NYSE:LYO, (www.lyondell.com) jointly announced shortly their plans for naming the company which will result from their planned merger. Following completion of the merger transaction, the newly combined company will be named LyondellBasell Industries....

BASF increases prices for Ethylene carbonate and propylene carbonate

22.10.2007 - With immediate effect or as contracts allow, BASF (www.basf.com) is increasing the sales prices for ethylene carbonate and propylene carbonate worldwide by €120 per metric ton in Europe and US$170 per metric ton in NAFTA and Asia . These price adjustments are necessary to support BASF´s ongoing efforts...

RadiciGroup Plastics and Lati Industria Termoplastici join forces to develop the chinese market

01.10.2007 - RadiciGroup Plastics (Bergamo/Italy, www.radicigroup.com) and Lati Industria Termoplastici SpA (Vedano Olona/Italy, www.lati.com) have signed a letter of intent to form a fifty-fifty joint venture to develop the Chinese engineering plastics market. The constant growth of this Asian market offers...

EuPC expects further price increases in plastics products

12.09.2007 - EuPC (www.plasticsconverters.eu), the Brussels based trade body for plastics converters, is warning that high oil prices are threatening the recovery of the industry. ‘The price of plastic products will have to increase in the coming months’, according to Alexandre Dangis, EuPC’s Managing Director....

FKuR: Compostable mulch films made of PLA blends

27.08.2007 - The FKuR Kunststoff GmbH (www.fkur.com) in cooperation with the Fraunhofer Institute UMSICHT (www.umsicht.fraunhofer.de) has developed the first compostable mulch film based on a PLA blends and has brought it to the market. PLA blends are a mixture between PLA (polylactide) and further biodegradable...

Borealis announces record net profit: EUR 137 million for second quarter and EUR 250 million for first half of 2007

09.08.2007 - Borealis (www.borealisgroup.com), a leading provider of innovative, value creating plastics solutions, announces a net profit of EUR 137 million after tax for the second quarter of 2007, a 20% increase over the previous quarter and a 50% increase on the same period last year. The net profit after tax...

Chemtura: Urethane Price Increase

03.08.2007 - Effective September 1, 2007, or as contracts permit, Chemtura Europe (www.chemtura.com) will increase selling prices of most urethane prepolymers and curatives by €0.20/kg in Europe, the Middle East and Africa. These changes are directly related to continuously escalating costs for raw materials, energy...

RAG subsidiary Degussa expands presence in China

27.07.2007 - Cornerstone ceremony for new polymerization and compounding plant in Shanghai "We are taking a large step forward in our Asia Pacific strategy,” stated Dr. Joachim Leluschko, head of the High Performance Polymers (HP) Business Unit of Degussa GmbH, Germany, at a cornerstone ceremony (Photo) for a...

BASF to raise prices for colorants and additives

26.07.2007 - Effective immediately, BASF (www.basf.com) will increase prices of colorants and additives globally between 5 and 20 percent, depending on the product line, as existing contracts allow. Reasons are increased energy, raw material and transportation costs. Affected products are: organic, inorganic...

Chemtura increases prices on cresol-based antioxidants

20.07.2007 - Chemtura Corporation (www.chemtura.com) is raising the price of the cresol-based antioxidants of its Polymer Additives business, primarily as the result of a significant and sustained increase in key raw material costs. Effective on all deliveries after July 15, 2007, or as contracts allow, the following...

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