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Bayer MaterialScience lifts force majeure in the USA for most products

18.11.2008 - Bayer MaterialScience (www.bayermaterialscience.de) has lifted force majeure for most of the products manufactured at its facility in Baytown, Texas, United States. Effective last Friday, there are no longer any restrictions on the company’s ability to supply diphenylmethane diisocyanate (MDI) and isophorone...

BASF reaches participation of more than 94.5 percent of Ciba shares

18.11.2008 - The additional acceptance period for BASF’s [BAS, BFA, AN, www.basf.com] public tender offer to shareholders of Ciba Holding AG [CIBN], Basel, Switzerland, ended on November 14. During the offer period, a total of 53,350,051 Ciba shares have been tendered to BASF. Together with the 1,011,536 Ciba shares...

Krones: “NitroPouch” process wins the German Packaging Prize

17.11.2008 - Yet another accolade for the "PET lite 6.6" 500-ml bottle developed using Krones´ "NitroPouch" process (www.krones.com): to coincide with the opening of the BRAU Beviale in Nuremberg on 12 November 2008, the German Packaging Institute has now singled out the concept for the German Packaging Prize. The...

Gammaflux: Hot runner temperature control systems with integrated sequential valve gate controllers and overfeed monitoring function

17.11.2008 - Gammaflux Europe GmbH (www.gammaflux.de) has now integrated into its high-performance hot runner temperature control systems a sequential valve gate controller (SVGC). Designed for use with hot runner systems with needle valve nozzles, the SVGC opens and closes each nozzle individually and independently...

Reifenhäuser: Bernd Reifenhäuser appointed CEO

14.11.2008 - Besides his brothers Klaus and Ulrich Reifenhäuser, Bernd Reifenhäuser, holder of a university degree in economics, has been appointed CEO of the holding company REIFENHÄUSER GmbH & Co. KG Maschinenfabrik (www.reifenhauser-group.com) as of 1.11.2008. He takes over the coordination of the strategic...

BASF acquires Ciba shares from Bestinver Group

13.11.2008 - The Spanish investor group Bestinver has sold its stake of approximately 13 percent in Ciba Holding AG to BASF (www.basf.com) outside the public tender offer. The price per share is CHF 49.50. BASF will provide assurance to Ciba Holding AG that it will not exercise the voting rights attached to these...

Momentive: New highly transparent LSR types for automotive LED lens systems

12.11.2008 - Momentive Performance Materials (www.momentive.com) presents a new line of highly transparent liquid silicon rubber (LSR) for innovative optical applications. These new materials are characterised by their high transparency (up to 95%), low opaqueness and excellent physical stability. Therefore the...

BASF: New generation of quick connectors made by A Raymond using Ultramid T

10.11.2008 - A semi-aromatic, high-temperature resistant polyamide, Ultramid® T KR4357 G6, is being employed in a new application. The A Raymond company, an international supplier of fastening systems for the automotive industry headquartered in France, is now using this specialty (PA6/6T) from BASF (www.basf.com)...

BASF: Definitive acceptance rate of 68.10 percent based on all Ciba shares

04.11.2008 - Following the analysis of all tender declarations, BASF [BAS, BFA, AN, www.basf.com] yesterday announced the definitive interim result of its public tender offer to shareholders of Ciba Holding AG [CIBN], Basel, Switzerland. Up to the end of the offer period on October 28, 2008, a total of 46,022,745...

BASF buys polyurethane specialities business for car window encapsulation from Recticel

31.10.2008 - BASF (www.basf.com) has signed an agreement with Recticel to acquire the company’s worldwide compounds business for polyurethane (PU) systems for glass encapsulation. The transaction, which is subject to approval by the relevant antitrust authorities, involves the polyurethane specialties business including...

BASF: Preliminary acceptance rate of 66.665 percent based on all Ciba shares

30.10.2008 - Up to the end of the offer period on October 28, 2008, a total of 45,030,453 of Ciba shares have been tendered to BASF [BAS, BFA, AN, www.basf.com] as part of the company’s public tender offer to shareholders of Ciba Holding AG [CIBN], Basel, Switzerland. Together with the 1,011,536 Ciba shares that...

Wittmann Battenfeld: Strategic realignment proving successful

29.10.2008 - Following the takeover of Battenfeld Injection Molding Technology by Wittmann Kunststoffgeräte GmbH in April of this year, Wittmann Battenfeld GmbH (www.wittmann-battenfeld.com) has now been actively put on course towards a successful future. The company’s strategic realignment is already showing first...

Summary: The 13th International Polyester Recycling Symposium, held on the 1st of October 2008 in Bad Oeynhausen

27.10.2008 - The 13th International Polyester Recycling Forum from Dr. Thiele Polyester Technology (www.polyester-technology.com) was held this year on the premises of Gneuss Kunststofftechnik GmbH (www.gneuss.com) in Bad Oeynhausen, Germany. This annual forum is normally held in hotels in various locations around...

LANXESS: Petroflex to become a wholly owned subsidiary

21.10.2008 - The tender offer by specialty chemicals group LANXESS AG (www.lanxess.com) for the remaining shares of Petroflex S.A. in Brazil has been met with great interest. Under the public tender offer to the minority stockholders LANXESS has acquired a further 27 percent of Petroflex shares, giving it a total...

BASF to reduce its worldwide caprolactam production

21.10.2008 - Since the end of September, BASF (www.basf.com, www.plasticsportal.eu) has reduced its worldwide production of caprolactam to about 65 percent. The reason for this measure is the high cost of raw materials and energy as well as the unsatisfactory market demand. This decision involves production at...

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