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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...

LyondellBasell and Suez increase plastics recycling capacity - Companies expand their Quality Circular Polymers Joint Venture

08.12.2020 - LyondellBasell, one of the world's largest plastics, chemicals and refining companies, and Suez, a world leader in environmental services, today jointly announced the acquisition of Tivaco, a plastics recycling company located in Blandain, Belgium. The company will become part of Quality Circular Polymers...

Lanxess increases prices for 1,6-hexanediol

04.12.2020 - Specialty chemicals company Lanxess is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts to 350 Euro per metric ton. The reason for the adjustment is the significant rise in raw material costs over the past months. HDO is an important precursor for high...

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

03.12.2020 - 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 December 1, 2020, or as existing contract terms allow,...

Lanxess increases prices for adipic acid

01.12.2020 - Specialty chemicals company Lanxess is raising its prices for adipic acid globally with immediate effect. How the company further announced the increase amounts to 90 Euro per metric ton. The reason for the adjustment is the significant rise in raw material costs over the past months. Adipic acid...

Sesotec appoints Joachim Schulz as new CEO

30.11.2020 - On November 1, 2020, the Bavarian company Sesotec GmbH appointed Joachim Schulz as its new CEO. With the expiration of his three-year contract, former CEO Marc Setzen will depart from the company, a manufacturer of technology for foreign object detection, material sorting and analysis. Schulz assumes...

Starlinger: BTB PET Recycling further increases capacities

25.11.2020 - During the Corona Lockdown in spring 2020 German PET recycler BTB PET-Recycling GmbH & Co. KG installed a new preheating unit and another SSP reactor supplied by Starlinger recycling technology. As the machine-builder further communicates, the PET bottle-to-bottle recycling company based in Bad Salzuflen,...

Waldorf Technik: Michael Friege new Head of Customer Service & Support

23.11.2020 - Effective from October 1, 2020, Michael Friege strengthens the Waldorf Technik team as Head of Customer Service & Support. Michael Friege looks back on more than 15 years of experience in setting up and expanding worldwide service structures in special machine construction. Friege gained extensive...

DSM: Price increase for polyamide 6 and 66 compounds and PBTs portfolio

20.11.2020 - Royal DSM announces a price increase for its "Akulon", "Novamid", "Tufnyl" polyamide 6 and 66 compounds portfolio and for its "Arnite" and "Tufbet" PBT portfolio. The price increases are effective 1 December 2020 or as contracts allow. The table below reflects the price increases across the key regions....

Ascend introduces “HiDura” long-chain polyamides

17.11.2020 - Ascend Performance Materials, fully integrated producer of PA66 resin, has launched several new grades of its “HiDura” long-chain polyamides for engineered plastics, monofilaments and cable ties. “HiDura” polyamide 610 and 612 are according to supplier information designed to provide exceptional...

Momentive: Million investment in Italian production center for polyurethane additives

11.11.2020 - Momentive Performance Materials Inc. (“Momentive”), recently announced it will invest $13 million for the expansion of its existing Termoli (Italy) plant to create a state-of-the-art manufacturing hub for its „Niax“ polyurethane additives. The site, which currently produces high performance additives...

BASF: Price increase for Neopentylglycol

10.11.2020 - With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol (NPG) as follows:

Evonik: First plant of the new polyamide 12 complex completed

09.11.2020 - Construction work on the largest investment to date by the specialty chemicals company Evonik in Germany, at more than 400 million Euro, is progressing well. As the company further announces, was the first plant completed on schedule in mid-October and is currently being commissioned. Further plants...

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