Latest News

CFO Sten Daugaard is leaving the LEGO Group

05.12.2011 - The LEGO Group’s CFO Sten Daugaard is resigning at his own request to pursue interests outside the company. Sten Daugaard will leave the company as of 31 December 2011. Sten Daugaard joined the LEGO Group in July 2008 from a position as CFO in the SGL Group. CEO Jørgen Vig Knudstorp said: ”During...

KraussMaffei Group to expand production plants in Slovakia and China

02.12.2011 - The KraussMaffei Group has decided to expand its production plants in Martin (Slovakia) and in Haiyan (China). At both locations, the production capacities are to be doubled and the performance spectrum extended. For both sites, the start of production is planned for the beginning of 2013, announced...

LANXESS: Sales in Greater China targeted to exceed EUR 1 billion in 2012

02.12.2011 - LANXESS is continuing to focus on the growing Chinese market and is targeting sales of more than EUR 1 billion there in 2012, announced the company. "Greater China will continue to be a cornerstone of our fast-growing Asian business," said the Chairman of the Board of Management of LANXESS, Axel...

Uhde Inventa-Fischer: Successful operation of PLA pilot plant

01.12.2011 - The engineering company Uhde Inventa-Fischer has proven the potential of its self-developed, patented polylactic acid (PLA) technology, PLAneo®, at its proprietary pilot plant following an operating phase of several months. The process enables tailored PLA types for a full range of applications to be...

BASF to build high performance specialty plastics plant in Korea

01.12.2011 - BASF will build a new plant to produce Ultrason® polyethersulfone (PESU), one of BASF’s high-performance thermoplastics, at the company’s site in Yeosu, Korea. The annual capacity of the new plant is 6,000 metric tons. Construction of this specialty plastics plant will start in early 2012 and production...

Krahn Chemie expands Executive Board

30.11.2011 - As of December 1, 2011 Dr. Rolf Kuropka will join Krahn Chemie GmbH as Managing Director Sales & Marketing. He will succeed Dr. Jörg Schottek, who was appointed as CEO and Chairman of the Managing Board effective November 1, 2011. Together with Axel Sebbesse, Managing Director Finance and Administration,...

LANXESS: „2011 Global Supplier Award” from Mann+Hummel

25.11.2011 - The Semi-Crystalline Products business unit of LANXESS has been honored as the best supplier of high-performance plastics. It was recently presented with the “2011 Global Supplier Award” from Mann+Hummel. The Ludwigsburg-based filtration specialist honors its best suppliers with the prize in recognition...

Bilcare Solutions increases prices for pigmented films

24.11.2011 - Bilcare Solutions, the films business of the Bilcare Research Group, which is specialised in the manufacturing of highly developed and refined rigid plastic films, will increase prices for pigmented films from December 1, 2011. Thorsten Kühn, since 1st November 2011 new CEO Bilcare Research AG, Switzerland,...

bioplastics MAGAZINE: Bioplastics Award 2011 for Danone

23.11.2011 - The prestigious Bioplastics Award went to Danone in recognition of their exceptional commitment to the use of bioplastics in the packaging of their leading brand products. The 6th Bioplastics Award, this year for the first time awarded exclusively by the unique industry organ bioplastics MAGAZINE, went...

Braskem appoints FKuR as Exclusive Distributor of Green-PE in Europe

23.11.2011 - Global biopolymer leader Braskem and bioplastics specialist FKuR have signed a distribution agreement for Green PE. Taking effect immediately, FKuR will be the official distribution partner for Braskem´s Green PE in Europe. “This new business field is another milestone that helps make our “FKuR -...

Fasti-Koch: Covenient, safe and energy-saving material drying

21.11.2011 - Fasti-Koch enhanced its compressed air dryers for small throughputs of hygroscopic material. According to the company a modern touch panel-based control offers intelligently adapted granulate drying with maximum convenience for the operator. The new control system regulates energy and compressed air...

Styron Europe: Price Increases for Polystyrene Grades

21.11.2011 - Styron Europe GmbH and its affiliate companies in Europe announce recently price increases for all polystyrene grades. Effective immediately, or as existing contract terms allow, the prices for the products listed below will increase as follows: STYRON™ general purpose polystyrene grades (GPPS) by...

DuPont: Impact resistant, low-emission POM in automotive interiors

17.11.2011 - With its reduced formaldehyde content and low rate of emission release, DuPont™ Delrin® 300TE acetal resin is the first impact-modified POM from DuPont to meet the automotive industry´s demanding requirements for the use of plastics in vehicle interiors. Its melt flow index (MFI190/2,16) of 6 g/10min...

Evonik: Production capacity for PLEXIGLAS® molding compounds in Shanghai doubled

15.11.2011 - The last quarter of 2011 has seen phase-two expansion of Evonik’s PMMA plant in Shanghai completed and put online, thereby doubling its regional manufacturing capacity for molding compounds made of polymethyl methacrylate to around 40,000 metric tons. According to Evonik the expansion of capacity...

Borealis: Third quarter delivers positive results

15.11.2011 - Borealis reports a net profit of EUR 107 million in the third quarter of 2011 compared to EUR 54 million in the same quarter of 2010. Overall the company announces a net profit of EUR 448 million year to date, compared to EUR 200 million during the same period in 2010. Borealis’ net debt position improved...

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