Latest News

Degussa Increases Prices across Entire Range of High-Performance Polymers and Monomers

17.07.2007 - The High Performance Polymers (HP) Business Unit of Degussa GmbH, Marl, Germany (www.degussa.com), has announced price increases for its VESTAMID®, VESTOSINT®, VESTAMELT®, TROGAMID®, and VESTENAMER® product lines. Product prices will increase by 8 percent on average, depending on product type and region....

DuBay Polymers: LANXESS and DuPont expand joint PBT polymer production

16.07.2007 - Chemical companies LANXESS (www.lanxess.com) and DuPont (www.dupont.com) have expanded their PBT polymer production joint venture. More than ten million Euros have been invested by the partner companies in the operation of their joint venture (JV), DuBay Polymer GmbH located in Hamm-Uentrop, Germany....

Huntsman Agrees to Be Acquired By Hexion for $28.00 Per Share

16.07.2007 - Terminates Merger Agreement With Basell Huntsman Corporation (www.huntsman.com) announced shortly that it has terminated the merger agreement with Basell AF ("Basell", www.basell.com) dated June 26, 2007 (the "Basell Agreement") and has agreed to a definitive merger agreement (the "Hexion Agreement")...

Björn Hedlund is new global marketing director at DuPont Engineering Polymers

11.07.2007 - Effective 1st July 2007, Björn Hedlund (54, Photo) assumes the role of global marketing director at DuPont Engineering Polymers (EP, www.dupont.com) in addition to his position as regional director Europe, Middle East, Africa (EMEA) for this business. He succeeds Timothy P. McCann, who is the new vice...

DSM: New High Flow and High Productivity Materials

10.07.2007 - DSM Engineering Plastics (www.dsmep.com) has introduced a range of High Flow & High Productivity materials, which enable significant system cost reductions, when compared to standard resins. Added value for the customer is generated by these materials via shorter production cycles leading to lower processing...

Huntsman Receives Merger Proposal From Hexion For $27.25 per Share in Cash

05.07.2007 - Huntsman Corporation (www.huntsman.com) announced yesterday that it has received from Hexion Specialty Chemicals, Inc. (www.hexionchem.com), an entity owned by an affiliate of Apollo Management, L.P., a proposal (the “Hexion Proposal”) to acquire all of the outstanding common stock of Huntsman for...

Borealis increases price of its polypropylene based products for automotive and appliance applications in Europe

05.07.2007 - Borealis (www.borealisgroup.com) announces that it will increase the price of its polypropylene based products used in automotive and appliances applications in Europe by 60 €/per tonne as of July 1, 2007.

Basell to acquire Huntsman for $25.25 per share

28.06.2007 - Basell (www.basell.com), the global leader in polyolefins’ technology, production and marketing, and Huntsman Corporation (NYSE: HUN), one of the world’s largest manufacturers and marketers of differentiated chemicals and pigments, announced today that they have signed a definitive agreement pursuant...

LANXESS: Price adjustment for Lustran, Novodur and Triax

11.06.2007 - LANXESS (www.lanxess.com) has increased the prices of its Lustran (ABS), Novodur (ABS) and Triax (ABS/PA) products by EUR 150 per metric ton. According to Wolfgang Döring, head of Marketing & Sales Europe and Latin America in the Lustran Polymers business unit, this adjustment, which comes into effect...

Degussa: RAG Subsidiary Expands Production of High-Performance Rigid Foam to North America

31.05.2007 - Degussa (www.degussa.com) is planning to build a production plant for the rigid polymethacrylimide foam ROHACELL® at its largest US site in Mobile, Alabama. The new plant by the world´s leading specialty chemicals company comprises an investment volume of about US$10 million and is scheduled to commence...

DuPont: Cost-effective Packaging Materials for Performance and Shelf-Appeal

23.05.2007 - DuPont Packaging & Industrial Polymers (www.dupont.com) was presenting a range of cost-effective material solutions at the IFFA 2007 (5th-10th May 2007 in Frankfurt am Main, Germany), with a focus on both performance and shelf-appeal of packaged meat products. Following the recent introduction of super-tough...

SABIC to acquire GE Plastics for $11.6 billion

22.05.2007 - GE and SABIC (www.sabic.com) today announced that they had reached agreement for SABIC to acquire GE Plastics for a purchase price of $11.6 billion. Announcement of the acquisition was made by Jeff Immelt, Chairman and CEO of GE and Mohamed Al-Mady, Vice Chairman and CEO of SABIC. "As a global...

SABIC: Highest ever SR 6.3 billion profits in first quarter of 2007

20.04.2007 - Saudi Basic Industries Corporation (SABIC, www.sabic.com, www.sabic-europe.com) reported first quarter 2007 profits of SR 6.3 billion, an increase of 50% compared to SR 4.2 billion in the same period in 2006. Consolidated operating profits amount to SR 9.6 billion compared to SR 6.6 billion, an increase...

Arkema enhances its Evatane® product range

19.04.2007 - Following research and development work, Arkema plans to launch a new Evatane® grade combining high Vinyl Acetate content - 40% - and a low Melt Flow Index (MFI below 3). "These two parameters are difficult to combine. This new grade, blended with other products, will help produce a cable with sound...

TechnoCompound: Long fibre PP compound for automobile door trim modules

18.04.2007 - A door trim module in long glass fibre-reinforced polypropylene (PP) for the new MINI was shown by TechnoCompound (www.technocompound.com) at the international VDI conference ‘Plastics in Automotive Engineering’, which took place in Mannheim on 21st and 22nd March 2007. For this application, the German...

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