Latest News

DSM: Global price increase for specialty engineering materials

01.02.2021 - Royal DSM announces an increase in price for its specialty engineering materials in Europe, North and South America and Asia Pacific. The price increase takes effect 1 February 2021, where contracts and prior agreements allow.

BASF increases price of additives for plastic applications

28.01.2021 - Effective immediately or as existing contracts permit, BASF will increase prices for products in its additives portfolio for plastic applications globally by up to 10 percent. The price adjustment is in response to higher costs for raw materials and logistics.

IPEG Acquires Long-Time Conair Partner Phoenix Systems

08.01.2021 - Phoenix Systems Corp., a Tustin, CA, USA, supplier of high-volume conveying systems for plastic pellets and powders, has been acquired by IPEG Industrial Group, Cranberry Township, PA, USA, parent company of Conair and other brands serving the global plastics-processing, waste-recycling, and industrial...

Gerresheimer builds a new production plant for plastic containers in India

06.01.2021 - With Triveni Polymers Pvt. Ltd. in Kundli, Gerresheimer has already been well positioned in India for many years. A second production plant in Kosamba (Gujarat) is to strengthen the production capacity for Triveni plastic containers, which are in strong demand worldwide. With a festive land worship...

Trinseo: Price Increase for Polystyrene, Polycarbonate and Copolymers in Europe

06.01.2021 - 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 all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective January 1, 2021, or as existing contract terms allow,...

Ascend purchases Eurostar Engineering Plastics

06.01.2021 - Ascend Performance Materials has purchased Eurostar Engineering Plastics, a France-based compounder with a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations. Neither company disclosed the cost of the purchase. “Eurostar’s experience in compounded polyamides...

Nexeo Plastics: Joost d’Hooge new Vice President EMEA

05.01.2021 - Nexeo Plastics, a leading global thermoplastics resin distributor, welcomes Joost d’Hooghe as its new vice president of EMEA. D’Hooghe will be responsible for continued development and expansion of the company’s footprint throughout the region across all existing and prospective vertical markets. D’Hooghe...

Arburg: New Managing Director for Austria

18.12.2020 - In November 2020, Jerome Berger officially took over the management of the Austrian Arburg subsidiary from Oliver Giesen, Director for Sales Germany and Austria. This appointment means that Arburg now has a Managing Director in the market who will be able to take care of Austrian customers in the region...

Ineos Styrolution: Groundbreaking for 600 kT ABS plant in China

18.12.2020 - Ineos Styrolution today announced the groundbreaking ceremony for its new 600kt ABS (acrylonitrile butadiene styrene) plant located in Ningbo, China. The development of the new site is part of Ineos Styrolution’s larger expansion plans into China, following an earlier acquisition of two polystyrene...

Engel founds company for pre-owned machines

16.12.2020 - The foundation of Engel Used Machinery s.r.o. sees injection moulding machine manufacturer and systems solutions provider Engel, headquartered in Schwertberg, Austria, extend its portfolio to include pre-owned machines. Besides injection moulding machines, the new company also buys back used robots...

Lanxess increases prices for engineering plastics

15.12.2020 - Specialty chemicals company Lanxess is raising its prices for its engineering plastics of the brands Durethan A (polyamide 6.6) by 0.25 Euro per kg, Durethan B (polyamide 6) by 0.15 Euro per kg and Pocan (polybutylene terephthalate, blends) by 0.20 Euro per kg with immediate effect. The adjustment...

Total Corbion PLA appoints Thomas Philipon as new CEO and Chiel Rietvelt as new CFO

11.12.2020 - Total Corbion PLA is pleased to announce its new executive leadership team: Thomas Philipon, CEO and Chiel Rietvelt, CFO. Thomas Philipon began as CEO of Total Corbion PLA on October 1st 2020. Thomas brings with him extensive experience in the plastics industry, having worked at DuPont for over 15...

Songwon: Global price increases due to higher freight rates

09.12.2020 - Songwon Industrial Co., Ltd. recently today that prices for all its products will be raised by 2-5 percent, depending on business line and region. These price increases are a consequence of the sudden escalation of freight rates that took place on most routes. The new prices are effective as of...

BASF: New price increase for Neopentylglycol in Europe

09.12.2020 - With immediate effect or as existing contracts permit BASF is further increasing the price for Neopentylglycol (NPG) in Europe by 200 Euro/ton (MT). This price increase is in addition to the price increase for NPG communicated on November 10, 2020 by 150 Euro/ton (MT) in Europe

Evonik: Acqusition in Chinese 3D printing specialist UnionTech - New applications for performance photopolymer resins in focus

08.12.2020 - Evonik has acquired a minority stake in Chinese company UnionTech through its Venture Capital unit. The Shanghai-based company is active in the field of stereolithography 3D printing. This additive manufacturing technology makes it possible, to produce highly accurate and detailed polymer parts. Bernhard...

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