Latest News

Oxea: Price Increases for Oxo Intermediates for the Americas

18.06.2018 - Oxea has announced that it will implement a price increase for prices in North America, Mexico and South America on the following products, effective July 1, 2018, or as contracts allow.

Lanxess: Price increase for PA 6.6 compounds

11.06.2018 - Lanxess is raising its prices for Durethan A (polyamide 6.6) compounds in Europe, Middle East and Africa by 0.60 Euro/kg with immediate effect. The overall tight market situation with extremely limited availability of raw materials in the PA 6.6 value chain has led to further severe price increases...

Ascend to grow adiponitrile (ADN) capacity by 220 kilotons by 2022

04.06.2018 - Ascend Performance Materials, the world’s largest fully integrated producer of nylon 6,6 resin, recently announced plans for expanding its AND capacity through 2022. In total, Ascend will grow its ADN capacity by 220 kilotons (KT) by 2022 to meet increasing demand. Ascend completed its first expansion...

Celanese: Price increases for long-fiber thermoplastic products

24.05.2018 - Celanese Corporation recently announced price increases on its polyamide-based long-fiber thermoplastic compounds (PA66-LFT) and thermoplastic polyurethane long-fiber thermoplastic compounds (TPU-LFT). The price increases below will be effective for orders placed on or after June 1, 2018, or as...

Bilcare Solutions: Price increases for PVC- and PET films

18.05.2018 - Bilcare Solutions, the films division of the Bilcare Research Group, specialised in manufacturing of rigid plastic films, increases prices for PVC- and PET films as of June 2018. "Driven by the significant and continuous resin price increase over the past months and the considerable increase in energy-...

Lanxess increases production for prepolymers in Brazil - New production plant at the site in Porto Feliz

17.05.2018 - Specialty chemicals company Lanxess is building a new, state-of-the-art facility for the production of prepolymers at its site in Porto Feliz, Brazil. The Urethane Systems business unit is investing a single-digit million Euro amount to expand its prepolymer production capacity, which is scheduled to...

Trinseo: Price Increases for Polycarbonate in Europe

03.05.2018 - 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 May 1, 2018, or as existing contract terms allow, the contract and spot prices for...

Kautex Maschinenbau: Open House with 170 visitors from 28 countries

12.04.2018 - With 170 visitors from 28 countries, Kautex Maschinenbau once again saw an increase in the number of visitors to its Open House event, which took place on March 14 and 15. In keeping with the slogan “Setting benchmarks for high production performance”, the manufacturer of extrusion blow molding machines...

IVK Europe: Karin Arz is new Managing Director

10.04.2018 - Karin Arz will be the new managing director of the Industrieverband Kunststoffbahnen Europe e.V. based in Frankfurt am Main, Germany. The association represents the joint interests of companies producing sheets made of plastic and caoutchouc for a multitude of applications. At the beginning of April...

Corpus Christi Polymers: Acquisition of the PTA/PET complex of M&G in Texas

10.04.2018 - The Corpus Christi Polymers joint venture is preparing to acquire the PET complex currently under construction in the US state of Texas, previously part of the insolvent Mossi & Ghisolfi group, M&G Chemicals. The JV is owned by the Mexican petrochemical group Alpek, the Thai plastics group Indorama...

Ineos Styrolution: Price decrease for ABS and PS in April

09.04.2018 - The Gross Market Price level in Europe for Terluran ABS valid as of April 1st, 2018 decreased by -30 €/mt versus March 2018. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of April 1st, 2018 is reduced by -105€/mt vs. March 2018. The surcharge for HIPS is +100€/mt.

Secos Group: Australian plastics manufacturer plans new plant for bioplastics in Malaysia

09.04.2018 - The Australian plastics manufacturer Secos Group plans to open a new production site in Malaysia this year. As the company announced in a press release, a two-year lease was recently signed for a production building near the Port Klang port southwest of Kuala Lumpur. It is planned to produce bioplastics...

Mitsui Chemicals: Milastomer production planned at US subsidiary Advanced Composites

09.04.2018 - The Japanese chemical group Mitsui Chemicals plans to produce thermoplastic elastomers (TPE) of the Milastomer brand at its US subsidiary Advanced Composites. As the Group announced in a press release, new facilities are to be built at Advanced Composites' headquarters in Sydney, Ohio. Capacities...

Engel: Frank Schuster new Head of Packaging

09.04.2018 - Frank Schuster has been with Engel for two years and, according to the injection moulding machine manufacturer, made a significant contribution to the very successful development of the business unit and the further strengthening of the Engel brand in the global packaging industry during this time as...

Schur Flexibles: Thorsten Kühn appointed CEO of Group

09.04.2018 - Thorsten Kühn has been appointed the new Chief Executive Officer of the Schur Flexibles Group, a company based in Wiener Neudorf, Austria, specialising in packaging solutions for the food, tobacco and pharmaceutical industries. The 45-year old, who holds a degree in Business Administration, draws on...

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