Latest News

Lanxess: Price increase for inorganic pigments

02.09.2021 - Lanxess is raising its prices for its inorganic pigment products worldwide with immediate effect. Prices for iron oxide pigments will increase by a minimum of EUR 200 per metric ton, for chromium oxide pigments by a minimum of EUR 300 per metric ton and for ferrites by a minimum of EUR 250 per metric...

LyondellBasell Announces Retirement of Chief Executive Officer - Board Forms Search Committee to Identify a Successor

25.08.2021 - LyondellBasell today announced that Chief Executive Officer Bhavesh V. (Bob) Patel intends to retire from the Company as of December 31, 2021. Patel will continue to lead the Company until that time and will ensure a smooth and orderly transition for his successor. Upon his departure, he will also resign...

Alpla Group: Acquisition of packaging manufacturer Wolf Plastics

20.08.2021 - In acquiring all the shares in the packaging manufacturer Wolf Plastics Group based in Kammern, Austria, Alpla intends to use the company’s expertise, in particular in the manufacture of plastic buckets and canisters, to expand its product portfolio. With its three production facilities in Austria,...

Reifenhäuser Cast Sheet Coating: Dr. Paul Walach becomes Managing Director

05.08.2021 - Effective July 1, 2021 Dr. Paul Walach (37) becomes Managing Director of Reifenhäuser Cast Sheet Coating together with Karsten Kratz. With this move, the Reifenhäuser Group business unit specializing in cast film, sheet and extrusion coating lines introduces a generation change at executive management...

Faerch acquires MCP and enters the US market

04.08.2021 - Faerch Group acquires MCP Performance Plastic. The acquisition expands Faerch’s geographical footprint beyond Europe and establishes a presence in the US market. It is part of Faerch’s long-term growth strategy and underpins the ambition to lead the transition of food packaging towards true circularity...

Trinseo: Price Increase Polystyrene, Polycarbonate and Copolymers

03.08.2021 - Trinseo and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective August 1, 2021, or as existing contract terms allow, the contract and spot prices for the products listed below will increase as follows: STYRON™...

Trinseo: Price Increase for Methyl Methacrylate in Europe

03.08.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe, announced today a price increase for MMA. Effective August 1, 2021, or as existing contract terms allow, the price for MMA monomer will increase by 300 Euros...

Alpla acquires South African packaging manufacturer

29.07.2021 - The global manufacturer of plastic packaging and recycling specialist, the Alpla Group, has acquired the manufacturer Verigreen Packaging based in Durban. The company specialises in bottles and canisters for lubricants such as engine oils. The Alpla Group acquired the lubricants division of the South...

Indorama: New Indonesian facility to recycle 2 billion PET plastic bottles annually

07.07.2021 - Indonesia will by the end 2025 reduce 70 percent of its plastic debris from 2017. In this regard, Thailand-based Indorama Ventures Public Company Limited (IVL) announced that it will build a facility in Karawang, West Java, to recycle almost 2 billion plastic bottles a year in support of the government’s...

Trinseo: Price Increase for Methyl Methacrylate in Europe

05.07.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price increase for MMA. Effective July 1, 2021, or as existing contract terms allow, the price for MMA monomer will increase by 300 Euros...

Trinseo: Price Decrease for Polystyrene

02.07.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price decrease for polystyrene (PS) grades. Effective today, July 1, 2021, or as existing contract terms allow, the contract and spot prices for...

Clariant announces additive price increases

01.07.2021 - Effective immediately, Clariant will increase the prices of its additives by up to 25 percent. The adjustments will be applied globally to all wax additives, performance polymers, halogen-free flame retardants, stabilizers and other performance additives. The move is necessary due to the cumulative...

LyondellBasell announces acquisition of PolyPacific Polymers Sdn. Bhd. in Malaysia

30.06.2021 - LyondellBasell today announced it has acquired 100 percent of PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia. PPM is a 25kt manufacturing facility producing reinforced and modified polyolefin compounds. Upon completion of the acquisition, the facility will undergo a rebranding and name...

British Plastics Federation: Karen Drinkwater elected as new president

21.06.2021 - At the British Plastics Federation’s (BPF) second virtual annual general meeting, Karen Drinkwater, a founding director of JSC Rotational Limited, was elected as the trade association’s president on 19 May 2021. Due to the ongoing pandemic, the BPF’s AGM could not be held in person for the second...

Trinseo: Price Increase for Methyl Methacrylate in Europe

15.06.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price increase for Methyl Methacrylate (MMA). Effective June 1, 2021, or as existing contract terms allow, the price for MMA monomer will increase...

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