Latest News

Ineos Styrolution: Price increase for ABS and PS in February

08.02.2019 - The Gross Market Price level in Europe for Terluran ABS valid as of February 1st, 2019 has increased by +20 Euro/mt versus January 2019. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of February 1st, 2019 is increased by +50 Euro/mt vs. January 2019. The surcharge for HIPS is +100...

Trinseo: Price Increase for Polystyrene and Copolymers in Europe

04.02.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), ABS and SAN grades. Effective February 1, 2019, or as existing contract terms allow, the contract and...

Trinseo: Frank A. Bozich named President and CEO

31.01.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, recently announced that Frank A. Bozich has been named President and CEO, effective March 4, 2019. He replaces Christopher D. Pappas, who recently announced his plans to retire following his tenure...

Euromap 82.1: Finished specification for temperature control devices released

28.01.2019 - One year after the publication of the first draft (so-called Release Candidate) for the OPC UA based interface for temperature control devices, the finished specification has now been released by Euromap. Before that, a few adjustments and above all a test of the interface by several manufacturers in...

Ashland: New composites distribution agreement for Sweden, Norway and Denmark with Velox

18.01.2019 - Ashland today announced it has appointed Velox, an IMCD company, as its new main composites distributor for the Nordic countries of Sweden, Norway and Denmark. The new distribution agreement, which was effective December 12, 2018, includes all Ashland unsaturated polyester resin, gel coat, low-profile...

Alpla: Philipp Lehner is the new CFO

17.01.2019 - Philipp Lehner is the new Chief Financial Officer (CFO) of the packaging specialist Alpla as of 1 January 2019. He takes over the role from Georg Früh, who will now focus on Family Office responsibilities. Philipp Lehner has been active in the family company since June 2014 and has worked in several...

EFIBCA: Many new faces at the annual general meeting

08.01.2019 - On 31 October 2018, EFIBCA invited members to its Annual General meeting (AGM) in Frankfurt. EFIBCA President Roelof Veld welcomed more than 40 participants to the AGM. He then introduced Torben Knoess, who assumed the position of General Secretary at EFIBCA in July this year from his colleague Dr Isabell...

Gurit: Closing of chinese PVC Production Site

08.01.2019 - Gurit recently announced the successful closing of the divestment of all shares in the Company`s PVC production site in Qingdao, China. Gurit has decided to focus the core materials manufacturing in the Asia-Pacific region on SAN, PET and balsa wood at its existing production facility in Tianjin,...

Trinseo: Price Increases for Polycarbonate in Europe

07.01.2019 - Trinseo, global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today price increases for all polycarbonate (PC) grades. Effective January 7, 2019, or as existing contract terms allow, the contract and spot prices for...

Lanxess completes sale of Arlanxeo to Saudi Aramco

07.01.2019 - Specialty chemicals company Lanxess completed on December 31, 2018, the sale of its remaining 50 percent interest in the rubber company Arlanxeo to Saudi Aramco. All relevant antitrust authorities have granted the necessary approvals for the transaction announced in August 2018. Upon completion of...

Trinseo: Price Increase for Polystyrene in Europe

07.01.2019 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS) grades. Effective January 1, 2019, or as existing contract terms allow, the contract and spot prices...

Ineos: Final investment decision for ASA capacity in the Americas

20.12.2018 - Ineos Styrolution announces today the final investment decision to construct a new 100kt capacity ASA (acrylonitrile styrene acrylate polymer) plant at its site in Bayport, Texas. The new plant is intended to strengthen Ineos Styrolution's position as a global manufacturer of ASA. Upon the start-up,...

The Compound Company acquires controlling stake in Transmare Compounding BV

17.12.2018 - The Compound Company, based in Enschede, The Netherlands, and new management, have acquired a controlling stake in Transmare Compounding BV, Roermond, The Netherlands, as of December 14th 2018. Current shareholder Henk-Jan Aarsen will retain a minority stake. Under the agreement, Transmare Compounding...

KraussMaffei appoints Tobias Daniel as new VP Global Sales IMM

10.12.2018 - Tobias Daniel has been appointed Vice President of Global Sales for the Injection Moulding Division at the engineering specialist KraussMaffei, effective December 1. As the new VP Global Sales, he will be responsible for incoming orders for new KraussMaffei and Netstal machines. Tobias Daniel has...

Lanxess strengthens global production network for flame retardants - Investments of around EUR 200 million until 2021

07.12.2018 - Specialty chemicals company Lanxess plans to strengthen its global asset base for flame retardant additives with investments of around 200 million Euro over the next three years. The company runs a strongly backward integrated production network for bromine and phosphorous based flame retardants with...

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