Latest News

Vinyl Foundation: Michael Kundel new president

07.01.2010 - On 15 December 2009, the Vinyl Foundation board elected Michael Kundel (Photo) as its new President. Michael is CEO of RENOLIT AG, a major PVC converter active in the film and sheet markets. He succeeds Joachim Eckstein who, as planned, handed the seat over to another board member on a rotational basis....

Plastinum: New production line in Emmen

07.01.2010 - Plastinum Polymer Technologies B.V., the municipality of Emmen, N.V. NOM and Emmtec Services B.V. held a joint press conference to announce that Plastinum has opened a new production line for the recycling of post consumer mixed plastic household waste. The opening will generate production capacity...

Quadrant: Specified material for BMW Z4 underbody shielding and wheel arch lining

06.01.2010 - Underbody shielding manufactured by Takeo Automotive Systems and made of SymaLITE® from Quadrant Plastics Composites has now been specified for the BMW Z4 (Photo). The lightweight shielding covers a significant part of the car’s underbody, resulting in an enhancement of its aerodynamics and a more comfortable,...

LyondellBasell to Increase Prices on its PE and PP Products in Europe

04.01.2010 - Effective January 1, LyondellBasell Industries has increased prices on all of its polyethylene and on all of its polypropylene grades by €100 per tonne in Europe. "Escalating feedstock costs have necessitated this price increase," said Anton de Vries, LyondellBasell’s president of Europe, Asia and...

Trevira insolvency: Financing of business operation secured

04.01.2010 - Financing of the transfer of business of the insolvent Trevira Group is secured. This means that continuation of production at all locations is guaranteed in the long term, in good time for the turn of the year and the scheduled transfer of business. “For us this is an important start signal into a...

Gurit: Closing of acquisition of Chinese Suzhou Red Maple Wind Blade Mould

04.01.2010 - Gurit, a leading developer and manufacturer of high-end composite materials and technologies, has closed the transaction announced on December 8, 2009, to acquire Suzhou Red Maple Wind Blade Mould Co. Ltd., Taicang, Jiangsu China, on December 18, 2009 by taking over the entirety of its parent company...

BASF: Name change for Elastogran companies

23.12.2009 - Following the introduction of the BASF corporate brand for European polyurethane sites, the next step is to change the names of Elastogran companies. For instance, Elastogran GmbH with its head offices in Lemförde will be called BASF Polyurethanes GmbH from now on. This is in keeping with a system already...

Celanese Acquires Long-fiber Thermoplastics Business of FACT

23.12.2009 - Celanese Corporation (NYSE: CE), a leading, global chemical company, recently announced the acquisition of the long-fiber reinforced thermoplastics (LFT) business of FACT GmbH (Future Advanced Composites Technology) of Kaiserslautern, Germany, a business unit of The Ravago Group. Completion of the...

RadiciGroup Plastics explores new business opportunities in the NAFTA market

23.12.2009 - As part of its strategy to strengthen its manufacturing and marketing presence in the NAFTA market, RadiciGroup Plastics has confirmed that it has entered into a “stalking horse” Asset Purchase Agreement to acquire the American compounder MDE, subject to a Section 363 bankruptcy auction. The Group is...

Borealis to exit rotomoulding business

22.12.2009 - Borealis, a leading provider of chemical and innovative plastics solutions, has announced its decision to withdraw all activities for the rotomoulding sector by March 31, 2010. Borealis has been committed to the rotomoulding market for many years, introducing leading rotomoulding products under its...

CSM: Lactide plant in Thailand for the production of components for bioplastics

21.12.2009 - CSM announced recently that its subsidiary Purac will start with the construction of a Lactide plant in Thailand to produce components for bioplastics. This investment is driven by CSM’s commitment to play a leading role in the development of the market for lactic acid based bioplastics (PLA). This...

Erema: VACUREMA rPET approved by FDA for the packaging of frozen ready-prepared foods

18.12.2009 - Additional possibilities for recycled PET (rPET) from EREMA´s VACUREMA range of plastics recycling systems have been created by the current extension of FDA approval) in this field. Previously, rPET made with these systems had been approved for the FDA application categories "C" to "G", and category...

Rieter sells nonwovens activities to Andritz

18.12.2009 - On December 11, 2009 Rieter signed a contract with the international technology group Andritz, based in Graz, Austria, for the sale of the French company Rieter Perfojet S.A.S, a wholly owned subsidiary of the Rieter Group. This divestment is being made in the context of focusing on core activities...

LANXESS: Divestment of Chinese joint venture stake and U.S. site

17.12.2009 - LANXESS AG has taken further steps to streamline its global production network and thus reduce operating costs in the face of the economic crisis and competitive business environment. The specialty chemicals group has sold its 55 percent stake in the hydrazine hydrate joint venture LANXESS Yaxing...

Evonik: High gloss and toughness impart to plastic coatings

17.12.2009 - Evonik reports in a current Product Story No. 27, December 7, 2009, about "Outshining the Competition - How Evonik Imparts High Gloss and Toughness to Plastic Coatings". More Information: www.evonik.com

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