Latest News

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...

i-Mold: Sprue adjuster makes runner systems flexible

20.10.2008 - With an in the truest sense of the word direction-giving innovation, the firm of i-mold GmbH & Co. KG (www.i-mold.de) has now made the operation of multicavity and family moulds considerably easier: the world´s first of its kind, this new development – a sprue adjuster – enables to change the direction...

Weima: New special rotor for shredding of filaments and films

17.10.2008 - WEIMA Maschinenbau GmbH (www.weima.com) has further developed the rotor of the single shaft WLK type shredder especially for difficult shredding of textile filaments, tapes, but also for films etc. The co-called F-Rotor (F=filaments) is characterised by novel blade separation and cutting geometry designed...

pp-mid: New compound - Laser produces electrically conductive structures

15.10.2008 - Global innovation in the form of a new polypropylene (PP) based compound allows injection moulded interconnect devices (MID) to be produced by an altogether new method and much more simply than before. Invented by Peter Putsch, the new compound provides the novel feature of a carbon-based conductivity...

DuPont™ Zytel® nylon used for first polymer oil pan module adopted for serial-production cars

15.10.2008 - For the first time in automotive history, an oil pan module made from a thermoplastic polymer is now used for serial-production cars. Working in close cooperation with the automotive supplier Bruss and DuPont (www.dupont.com), Daimler has achieved a genuine breakthrough by developing a modular design...

Gammaflux: Substantial Price Reductions on Hot Runner Controllers

14.10.2008 - At the 2008 Fakuma trade fair, Gammaflux Europe GmbH (www.gammaflux.de) of Wiesbaden/Germany announced substantial price cuts on all its hot runner temperature controllers. In the case of the company´s largest and most powerful models, the TTC high-performance controller line-up, the reduction lies...

BASF: First antimicrobial BASF plastic for bacteria-free surfaces

13.10.2008 - BASF (www.basf.com, www.luran-s.com) is now offering a plastic that has the property of killing microbes. This material belongs to the specialties found in the styrene plastic product line. It goes by the name Luran® S BX 13042 and is currently the only ASA (acrylonitrile-styrene-acrylate copolymer)...

DuPont Engineering Polymers announces price increases

10.10.2008 - DuPont Engineering Polymers (www.dupont.com) announces price increases for its thermoplastic resins in Europe, Middle East and Africa (EMEA), to be effective on November 1, 2008 or as contracts allow. • The price of DuPont™ Delrin® acetal resin will increase by 0.10 Euro/kg. • The price of DuPont™...

Menzolit Compounds: Opening of a new production plant in Jinshan/Shanghai

09.10.2008 - After over 60 years of experience in the Sheet Moulding Compound (SMC), Bulk Moulding Compound (BMC) and Continuous Impregnated Compound (CIC) production, Menzolit (www.menzolit.com) is proud to open its fifth international production facility. The opening ceremony was celebrated on September 16, 2008...

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