Latest News

Trinseo: Price Decrease for Polystyrene in Europe

05.11.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced a price decrease for all polystyrene (PS). Effective November 1, 2019, or as existing contract terms allow, the contract and spot prices for...

Alpla moving into HDPE recycling - Acquisition of the Spanish recycling companies Suminco S.A. and Replacal S.L.

04.11.2019 - Alpla, a global manufacturer of plastic packaging solutions, is further expanding its recycling activities – it is moving into polyolefin recycling with its acquisition of two companies based in Spain. Alpla signed the purchase agreements for the acquisition of Suminco S.A. in Montcada (near Barcelona)...

Clariant completes the sale of its Healthcare Packaging business

04.11.2019 - Clariant recently announced the completion of the sale of its Healthcare Packaging business to a newly-formed investment of Arsenal Capital Partners, the signing of which was announced on July 22, 2019. The sale was closed on October 31, 2019. “The divestment of the Healthcare Packaging business...

Gurit to close its automotive production site in Hungary mid-2020

29.10.2019 - Gurit recently announced to close its automotive production site in Hungary in 2HY 2020. As communicated on December 19, 2018, Gurit decided to divest its Composite Components Business. Despite professionally executed divestment efforts no suitable buyer could be found. Therefore, Gurit decided now...

Arkema to increase fluoropolymer capacities in Changshu, China

15.10.2019 - Driven by continued strong growth in the lithium-ion battery market for electric vehicles, Arkema will increase the capacity of its high-performance polymer PVDF dedicated to this market at its Changshu plant by approximately 50 percent. The increase in capacity is scheduled to come on stream in the...

Trinseo to build New TPE Pilot Facility in Hsinchu, Taiwan

07.10.2019 - Trinseo, manufacturer of plastics, latex binders, and synthetic rubber, announced today its plans for a Thermoplastic Elastomers (TPE) pilot facility in Hsinchu, Taiwan. The TPE pilot facility emphasizes Trinseo’s growth strategy for TPEs globally and will serve customers in the Automotive, Consumer...

LyondellBasell adds new production at Knapsack creating world’s largest polypropylene compounding facility

23.09.2019 - LyondellBasell recently announced its Knapsack, Germany site is now the world’s largest polypropylene compounding facility. The manufacturing site earned the new title with the startup of its fifth production line. The new total annual production capacity for the site is more than 200 kilotons (kt)...

Songwon: Unexpected death of CEO Maurizio Butti

16.09.2019 - The Board of Directors of Songwon Industrial Group, globally active manufacturer of polymer stabilizers, recently announced the unexpected death of the company’s CEO, Maurizio Butti, on Saturday, September 7th, 2019. Jongho Park, Chairman of the Board: “The entire Songwon family mourns the sudden...

Huntsman: New Polyurethanes Systems House in Dubai

12.09.2019 - Huntsman Corporation today announced the opening of its new polyurethanes systems house in Dubai. Situated within the Jebel Ali Free Trade Zone (JAFZA), the purpose-built facility strengthens Huntsman’s downstream capabilities in the Middle East and North Africa - increasing its capacity to produce...

DSM: Shruti Singhal appointed President of DSM Engineering Plastics

11.09.2019 - Royal DSM announces that Shruti Singhal is appointed President DSM Engineering Plastics effective 1 October 2019. Singhal succeeds Roeland Polet who has led DSM Engineering Plastics since 2015 and will retire mid-2020. In his new role Singhal will report to Dimitri de Vreeze, Member of the DSM Managing...

Hahn Group: Bernhard Rupke becomes new Director of the Material Handling Division

05.09.2019 - Since August 1, 2019, Bernhard Rupke has been managing the Material Handling Division of the Hahn Group, which includes the subsidiary companies Wemo, Waldorf Technik and GeKu. All three subsidiaries of the Hahn Group specialize in the development and construction of automation, robotics and handling...

KraussMaffei: New President at KraussMaffei Corporation in the USA

04.09.2019 - On September 3, Charlie Rogers assumed his new position as President of KraussMaffei Corporation in Florence, Kentucky, USA. He succeeds Paul Caprio, who left the company at the beginning of June. Rogers reports to Michael Ruf, Chief Operating Officer (COO) of the KraussMaffei Group. After studying...

Trinseo: Price Increases for Polystyrene and Copolymers in Europe

04.09.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price increases for all polystyrene (PS) and for all ABS and SAN grades. Effective September 1, 2019, or as existing contract terms allow, the...

Trinseo: Price Increases for Polycarbonate in Europe

04.09.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced price increases for all polycarbonate (PC) grades. Effective September 3, 2019, or as existing contract terms allow, the contract and spot prices...

Sumitomo (SHI) Demag: Siegfried Köhler is new Group CSO

28.08.2019 - Sumitomo (SHI) Demag Plastics Machinery GmbH is pleased to announce that Siegfried Köhler is joining the company as Group Chief Sales Officer. Effective October 1, 2019, Siegfried Köhler joins the management team, taking on the responsibility of further strengthening Sumitomo (SHI) Demag’s focus of...

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