Latest News

Mold Hotrunner Solutions expands in Europe

09.01.2015 - MHS Mold Hotrunner Solutions Inc., headquartered in Canada, has recently launched a new subsidiary in Germany. MHS Heisskanaltechnik GmbH is located in the city of Würzburg in northern Bavaria. The European office is led by Dipl.–Ing. (FH) Hendrik Leidigkeit. From its new location, MHS will continue...

Corvaglia: Change in management in the Corvaglia Group

08.01.2015 - The Corvaglia Group, with around 250 employees at locations in Switzerland and Mexico, has grown rapidly over the course of the past few years. Company founder and owner Romeo Corvaglia began adapting internal structures early on in order to respond to the challenges posed by such growth. The Board...

DuPont: New Director for DuPont Packaging & Industrial Polymers for Europe, Middle East & Africa

08.01.2015 - Effective January 1st 2015, Raymond Palmen is appointed Director for DuPont Packaging & Industrial Polymers for the Europe, Middle East & Africa region. He takes over from Thomas Oury, who is moving on to DuPont Performance Polymers, as Regional Director EMEA. Raymond Palmen is a strategic growth...

Biesterfeld: Thomas Arnold to be appointed CEO

06.01.2015 - With effect of April 1st, 2015, Thomas Arnold is appointed CEO by the Supervisory Board of Biesterfeld AG, Hamburg. Thomas Arnold, currently member of the board of Biesterfeld AG and Managing Director of Biesterfeld Spezialchemie GmbH, takes over from Birger Kuck, who will retire after 35 years with...

Styrolution: Price decrease for Terluran ABS in January

06.01.2015 - The Gross Market Price level in Europe for Terluran ABS valid as of January 1st, 2015 is -120€/mt versus December 2014.

Hexpol acquires US-Thermoplastic Compounder RheTech

06.01.2015 - Hexpol has signed an agreement to acquire RheTech Thermoplastic Compounding from the founders’ families. RheTech has close to 50 years’ experience of polymer compounding and is a leading provider of polyolefin compounds, engineered resins and multifunctional colorant and additives. "The acquisition...

Styrolution: Price decrease for Polystyrene in January

06.01.2015 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of January 1st, 2015 is decreased by -200€/mt vs. December. The surcharge for HIPS is +90 €/mt.

LyondellBasell: Bhavesh V. "Bob" Patel named as new CEO

19.12.2014 - LyondellBasell yesterday announced that the Supervisory Board has appointed Bhavesh V. "Bob" Patel chief executive officer, effective January 12, 2015. Patel succeeds James L. Gallogly, who previously announced his plan to retire. "After a rigorous selection process, we chose Bob Patel based on his...

Norner: SCG Chemicals enters as a strategic investor

18.12.2014 - SCG Chemicals Co., Ltd. acquires 51% of the shares in the independent petrochemical institute Norner Holding AS from the current Norwegian owners. SCG Chemicals has entered into an agreement with the current owners, the private equity fund E&M and Norner employee shareholders, for this acquisition....

Altuglas: Price increases for PMMA acrylic resins

11.12.2014 - Altuglas International, subsidiary of Arkema group, today announced an increase from 120 to 150 Euros per metric ton for PMMA resins marketed under the "Altuglas" trademark in Europe, the Middle East and Africa. This price increase will be applicable to all deliveries from January 1st 2015. The price...

A. Schulman to double its masterbatch production capacity in Dongguan, China, to accommodate growing demand

11.12.2014 - A. Schulman, Inc. recently announced that it has added equipment in its manufacturing facility in Dongguan, China, to accommodate increasing demand in the Company´s Masterbatch Solutions business. This new production line, which the Company expects will ramp up in volume over the next several months,...

Vestolit: Acquisition by Mexichem is closed

09.12.2014 - On December 1st, 2014, the acquisition of Vestolit GmbH (Marl, Germany) by Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico) was closed after receiving all relevant regulatory approvals. The acquisition of Vestolit - one of the leading producers of PVC-Specialties in Europe - is supporting Mexichem’s...

Evonik increases prices for the product group „Vestamin”

08.12.2014 - Evonik Industries announced a global price increase for the product group „Vestamin” up to nine percent, effective January 1st, 2015. This increase will apply to all orders shipped on or after this date and as contracts allow. Evonik offers a broad range of products for the coatings, composites...

Kraiburg TPE invests in US location

04.12.2014 - Construction work on the new production and administration complex for Kraiburg TPE Americas in Buford, Georgia started at the end of November. The company is investing $15 million in a modern building that beginning in 2016 will accommodate TPE production and the hub of US business activities on a...

battenfeld-cincinnati: Gerold Schley new CEO of the group

04.12.2014 - Effective 1st January 2015, Gerold Schley (54) will become President and CEO of the battenfeld-cincinnati group. Following Jürgen Arnold´s resignation, the company´s CFO Michael von Cappeln has acted as interim President and CEO. Gerold Schley has previously held several leading positions in the...

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