Latest News

Engel: Dr. Christoph Steger leaves the group

21.12.2021 - Dr. Christoph Steger, hitherto Chief Sales Officer, is leaving the Engel Group at his own request. Background for his withdrawal is his wish to further develop himself vocationally and to change his career orientation. The Austrian engineering company further announced that Dr. Stefan Engleder will...

RadiciGroup: Plastoplan Kunststoffhandel appointed as new distributor in Austria

21.12.2021 - RadiciGroup High Performance Polymers has announced a reorganization of its sales network in Austria. As of 1st January 2022, Plastoplan Kunststoffhandel GmbH has been appointed the RadiciGroup national distributor for a wide product range that includes „Radilon“, „Heramid“, „Radiflam“, „Radistrong“,...

Lego: Plans to build new factory in Vietnam announced

16.12.2021 - The Lego Group recently signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon neutral factory and will include investments in solar energy generation....

LyondellBasell appoints Peter Vanacker as Chief Executive Officer

13.12.2021 - LyondellBasell today announced that the Board of Directors has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Peter Vanacker succeeds Bhavesh V. "Bob" Patel, who will retire from the Company on December 31, 2021, as previously announced

Ascend to expand compound production to Latin America

08.12.2021 - Ascend Performance Materials has announced plans to purchase a compounding facility in San Jose Iturbide, Mexico, growing its global footprint and expanding production capacity for high-performance engineered materials. The purchase agreement includes the assets of DM Color Mexicana, a joint venture...

Trinseo: Price Increase for Polystyrene and Copolymers in Europe

03.12.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe yesterday announced a price increase for all polystyrene (PS), ABS and SAN grades. Effective December 1, 2021, or as existing contract terms allow, the contract...

BASF increases prices for butanediol and derivatives in Europe

02.12.2021 - With immediate effect or as existing contracts permit, BASF SE will increase its European selling prices for the following products:

Arburg: Technology Days 2022 postponed to June

30.11.2021 - Arburg has postponed the date for the Technology Days 2022 from March to June. The unique industry event for which thousands of visitors from all over the world normally come to Lossburg will take place from 22th to 25th June 2022 in the form of a presence event with the proven successful concept. The...

Nexeo Plastics and Wanhua Chemical Group Announce Collaboration in Benelux, UK, Ireland and Spain

30.11.2021 - Nexeo Plastics, a leading global thermoplastics resin distributor, has agreed to partner with Wanhua Chemical Group, a global leader in the production and marketing of polyurethanes and petrochemicals, to distribute Wanhua’s TPU polyester, polyether, polycaprolactone, polycarbonate and aliphatic TPUs...

Ineos Styrolution confirms its investment decision for Europe’s first polystyrene advanced recycling pilot plant - Joint collaboration with Recycling Technologies, UK

25.11.2021 - Ineos Styrolution, the global leader in styrenics, has today confirmed its decision to invest into a pilot plant for advanced recycling of polystyrene. The site will be set up in collaboration with Recycling Technologies in Swindon, UK. It is expected to be operational in the second half of 2022. ...

Lanxess to expand high-tech plastics production in China - Invest­ment of 30 million Euro - Capacity expansion by 30,000 metric tons

24.11.2021 - Lanxess will expand its production network in China: The specialty chemicals company will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou. An important investment of around 30 million Euro will increase the capacity...

Plastics Recycling Show Europe 2021: Record Numbers in Amsterdam

23.11.2021 - The fifth Plastics Recycling Show Europe (PRSE) exhibition and conference held earlier this month in Amsterdam, The Netherlands, attracted a record number of visitors and exhibitors from across Europe. The annual event had a total attendance of more than 4,400 over two days and attracted over 180 exhibiting...

Alpla establishes new Asia-Pacific region - Reorganisation enables bundling of competences and resources

19.11.2021 - The Alpla Group, the global packaging solutions and recycling specialist, has announced that it is strengthening its footprint in Asia. On 1 January 2022, the Asia-Pacific (APAC) head office in Singapore will go live, with a new region being created from a merger of the former regions North East Asia...

BASF: Price increases for Neopentyl Glycol and 1,6-Hexanediol in Europe

18.11.2021 - With immediate effect or as existing contracts permit BASF is increasing the prices of the polyalcohols Neopentyl Glycol (NPG) and 1,6-Hexanediol (HDO) in Europe: Neopentyl Glycol (NPG) + 400 EUR/mt 1,6-Hexanediol (HDO) + 1.000 EUR/mt Neopentyl Glycol (NPG) is a high-quality intermediate used,...

Trinseo: Planned Divestiture of Styrenics Businesses

12.11.2021 - Trinseo recently reported the financial results for the third Quarter 2021 and also announced planned divestiture of Styrenics Businesses. According to this, the company has begun work to explore the divestiture of its styrenics businesses and plans to launch a formal sales process in the first quarter...

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