Latest News

Geiger Handling: Automation specialist with new management - New plant with expanded production capacity

06.04.2018 - In April 2018 Christian Göhr took over the management of Geiger Handling at the new company location in Dornhan, Germany. "Mr. Göhr brings extensive management and sales experience to his new position and, with over 20 years of market experience, is an expert in automation technology", explains Timo...

Plastpol 2018: Polish plastics trade fair still on the road to success

06.04.2018 - The 22nd Plastpol, International Trade Fair for Plastics and Rubber Processing, will take place from 22-25 May 2018 in Kielce, Central Poland. As a pure B2B event, the event is regarded as one of the leading trade fairs of the plastics industry in Central-Eastern Europe. For several years now, the...

Kureha: Expansion of PPS capacities planned

06.04.2018 - The Japanese chemical company Kureha plans to expand its polyphenylsulfide (PPS) production. As the company announced in a press release, new plants with an annual capacity of 5,000 metric tons are to be built at the Iwaki site in Fukushima Prefecture. The new complex is expected to be completed...

Trioplast: Swedish investor acquires PE film specialist

06.04.2018 - On March 29, 2018, Swedish investor Altor signed agreements to acquire Trioplast Industrier AB ("Trioplast") from Bo Larsson. Trioplast was founded in 1965 by Vilhelm Larsson in Smålandsstenar. Since 1984, the company has been owned by his son Bo Larsson (72), who has developed the company as a supplier...

Evonik optimizes PEEK production in China

05.04.2018 - Evonik has comprehensively optimized the production process of „Vestakeep“ PEEK and further improved the quality of the product at its Changchun, China, site. In particular, energy requirements, material use, and the waste generated during production were reduced under the optimization measures and...

Joma-Polytec: Plastics specialist with million invest in Bodelshausen - Further expansion at Chinese Joma Kunshan

05.04.2018 - Joma Polytec GmbH is investing twelve million euros in a new plant and building another production and storage hall at its site in Bodelshausen, district of Tübingen, Germany. Construction is scheduled to begin this spring. Completion is expected in about one year. Joma Polytec specialises in plastics...

Austrotherm: Further price increase for XPS from mid-April

05.04.2018 - Austrotherm Dämmstoffe GmbH from Wittenberge has again announced price increases of approx. 4-7 percent for deliveries from April 16, 2018 for the complete Austrotherm XPS range. As a result, all previous price agreements will expire on April 13, 2018. The reason for this is the sharp rise in...

Transcontinental: Acquisition of US packaging manufacturer Coveris Americas

04.04.2018 - The Canadian Transcontinental Group acquires Coveris Americas, a US packaging manufacturer. In a press release, Transcontinental announced the conclusion of an agreement with its parent company Coveris Holdings. The total financial volume of the transaction is USD 1.32 billion. The acquisition is...

ICPP: World Association for Dangerous Goods Packaging made of Plastic elects Thilo Klein as New President

04.04.2018 - At this year's General Assembly in March, ICPP International Confederation of Plastics Packaging Manufacturers, the world association of manufacturers of industrial and commercial plastic packaging, regularly elected a new president. Thilo Klein, Schütz KGaA/Germany, was unanimously elected President...

Teijin: New company name for carbon business

04.04.2018 - The Japanese parent company Toho Tenax Co, Ltd. was integrated into the Japanese group Teijin Limited as of April 1, 2018. The subsidiaries were renamed: Toho Tenax Europe GmbH is now Teijin Carbon Europe GmbH, Toho Tenax America, Inc. is now Teijin Carbon America, Inc. and Toho Tenax Singapore Pte....

Chemours: Price Increase for Fluoropolymer Products

04.04.2018 - The Chemours Company, a global chemistry company in titanium technologies, fluoroproducts and chemical solutions, recently announced a global price increase of up to ten percent for its full line of “Teflon” PTFE and Melts, “Viton” FKM Fluoroelastomer products, “Nafion” Membranes and Dispersions, “Krytox”...

Platinum Equity completes acquisition of Husky

03.04.2018 - Platinum Equity recently announced the successful closing of their previously announced acquisition of Husky Injection Molding Systems (IMS) International Ltd. Based in Bolton, Ontario, Canada, Husky is a global supplier of highly engineered injection molding equipment and services for the plastic...

LyondellBasell names Jacinth Smiley Chief Accounting Officer

03.04.2018 - LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, recently announced it has named Jacinth Smiley its chief accounting officer, effective April 2, 2018. Smiley will report to chief financial officer Thomas Aebischer. Smiley joins LyondellBasell from General...

Ashland: Price increase on epoxy vinyl ester and specialty resins in North America

19.03.2018 - Ashland recently announced that effective April 1, 2018 or as contracts allow, it will increase the price of "AME", "Derakane" and "Hetron" resins as well as various other epoxy vinyl ester resins in North America by $0.08 - $0.12/lb depending on grade. Other Ashland branded specialty grade resin prices...

Lanxess: New production line for thermoplastic specialty compounds in Krefeld-Uerdingen, Germany

15.03.2018 - Specialty chemicals company Lanxess has now commissioned a new production line for the manufacture of specialty compounds at its Krefeld-Uerdingen site. The company has invested approximately seven million euros in expanding the production capacities of its engineering plastics. Lanxess is thus expanding...

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