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Færch Plast: Danish packaging company terminates co-operation with CEO

06.04.2009 - Unsatisfactory 2008 net profit demands new managerial focus The packing company R. Færch Plast Ltd. (www.faerchplast.dk) in Holstebro has in the accounting year 2008 a deficit of DKK 8 million post-tax compared with a profit the year before of DKK 62 million. After many years with growth both in...

BASF: Merger control authorities approve acquisition of Ciba

06.04.2009 - The U.S. Federal Trade Commission (FTC) and the Chinese merger control authority MOFCOM approved the acquisition of Ciba Holding AG by BASF (www.basf.com) on April 2, 2009. No conditions were imposed beyond those required by the European Commission in its decision of March 12, 2009. Furthermore,...

Call for Papers: 4th World Recycling Forum - Shanghai `09

06.04.2009 - International Conference & Exhibition on Electronics, Car and Battery Recycling The major recycling forum in China, the 4th World Recycling Forum Shanghai´09 will take place from 10-13 November 2009 in the beautiful hotel Shangri-La Pudong in Shanghai, China. During the event, leading recycling...

LyondellBasell Preparing to Reduce LDPE Production in France

03.04.2009 - LyondellBasell Industries (www.lyondellbasell.com) yesterday announced a project to cease the production of low density polyethylene (LDPE) at Fos-sur-Mer, France. The unit has been partially idled since March and the company has started the employee consultation process regarding a project to shut...

BASF: Steam cracker in Ludwigshafen to be temporarily idled

02.04.2009 - BASF (www.basf.de) will idle the smaller of its two steam crackers at its site in Ludwigshafen due to continuing weak demand. The temporary shutdown of the cracker, which has an annual capacity of 220,000 metric tons of ethylene, is planned for the middle of April and will last at least three months....

Altana acquires additives business of DyStar group

01.04.2009 - The specialty chemicals Group Altana (www.altana.com) has acquired the high-performance additives business of the Frankfurt based DyStar group effective as of March 30, 2009. The acquired business with annual of sales of about €7.5 million will be integrated into the BYK Additives & Instruments division....

DuPont: New over-moulding technology unlocks design potential for cosmetic packaging

01.04.2009 - DuPont Cosmetics Solutions (www.dupont.com) presents a new and innovative moulding technology based on the over-moulding of polymer inserts with DuPont™ Surlyn®. It broadens the design freedom of thick-walled cosmetic and fragrance containers by enabling the production of contrasting geometries for...

Bayer MaterialScience sells Thermoplastics Testing Center to Underwriters Laboratories

31.03.2009 - Bayer MaterialScience AG (www.bayermaterialscience.de) has signed a contract for the sale of its Thermoplastics Testing Center (TTC, www.ttc.bayermaterialscience.com) to Underwriters Laboratories Inc. (UL, www.ul.com), Northbrook, IL, United States. The sale of the accredited test center underscores...

BASF: Continental using Ultramid plastic in the latest control units for dual-clutch transmission

30.03.2009 - Dual-clutch transmissions are among the most innovative automatic transmissions. And the same applies to their control units, which have been systematically improved by Continental over the last five years since they were first used at Volkswagen. Now the next generation of this complex family of components...

K.D. Feddersen: Plastics raw material products SVHC-free

27.03.2009 - Engineered thermoplastic polymers, plastic compounds and master batches from the Feddersen Group divisions K.D. Feddersen GmbH & Co. KG (www.kdfeddersen.com), AKRO-PLASTIC GmbH (www.akro-plastic.com) and AF-Color (www.af-color.com) are free of Substances of Very High Concern (SVHC) according to the...

Bayer MaterialScience builds new manufacturing facility for polyurethane raw materials in India

27.03.2009 - Bayer MaterialScience (www.bayermaterialscience.de) is to invest EUR 20 million in a new aromatic and aliphatic polyisocyanate manufacturing facility in India as part of its strategy to grow its business in the country and strengthen its position as a market leader in the supply of polyurethane raw...

SABIC Europe to increase PE price by 80 euro/mt

27.03.2009 - SABIC Europe (www.sabic-europe.com) announced recently that it will increase in Europe the price for deliveries from April of all SABIC LD, LLD and HDPE materials by 80 euro/mt. "Due to the global economic downturn, at the end of last year we saw a steep decline in global polymer prices, including...

BASF: Electrically conductive plastic with nanotubes being used by Bosch

27.03.2009 - As a first, BASF (www.basf.com) is launching a plastic containing carbon nanotubes (CNT) onto the market. This material is Ultraform® N2320 C, a polyoxymethylene (POM, also: polyacetal) that, thanks to the novel additives, acquires a high level of electric conductivity without much of a decrease in...

Grammer reacts to substantial order decline with workforce reduction

26.03.2009 - With elimination of a total of 227 jobs at its locations in the Amberg region, the reaction of GRAMMER AG (www.grammer.com), producer of components for cars and commercial vehicles, to the worldwide decline in demand of supplier products is now also effecting Germany. These measures were necessary to...

Balda: Increase in turnover – negative result due to high depreciations

26.03.2009 - The Balda Group (www.balda.de) increased its turnover at 24.0 million euros or 11.2 percent to 238.0 million euros in the financial year 2008 in the continued operations (previous year: 214.0 million euros). The continued operations of the plastic specialist and mobile phone components supplier comprise...

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