Latest News

LyondellBasell: EU Antitrust Clearance for Acquisition of A. Schulman

28.06.2018 - LyondellBasell recently announced that it has received antitrust clearance from the European Commission for its pending acquisition of A. Schulman, Inc. The European Commission's clearance for the transaction satisfies one of the conditions for the closing of the pending acquisition, which remains...

DSM: Price increases for PA66 compounds

27.06.2018 - Royal DSM, a global science-based company active in health, nutrition and materials, recently announced price increases for all "Akulon" and "Novamid" PA66 compound products, effective 15 July 2018, or as contracts allow. The price increases are as follows: In Europe, 600,- Euro per mT In North...

Ashland increases prices on composites resins and gelcoats in North America

26.06.2018 - Ashland is increasing prices on its portfolio of unsaturated polyester resins, epoxy vinyl ester resins and gelcoats by $0.04/lb. Ashland is also implementing a $0.02/lb. price increase for freight. The increases apply to North America and are effective July 09, 2018 or as agreements allow. The price...

LyondellBasell: PolyMirae to expand its polypropylene capacity by 400,000 tons/year in South Korea

26.06.2018 - PolyMirae Company Ltd. recently announced that it would establish a joint venture with SK Advanced in South Korea. The joint venture intends to build a new 400,000 ton/year polypropylene plant to serve customers in Asia. The plant will be located in the southeastern port city of Ulsan and is dependent...

Ashland + Velox: New composites distribution agreement for France

25.06.2018 - Ashland today announced it has appointed Velox as its new main composites distributor for France. The new distribution agreement, which is effective July 1, 2018, includes all Ashland unsaturated polyester resin, gel coat, low-profile additives products and epoxy vinyl ester resins, including "Derakane"....

Alpla: Two new board members for technology and operations

25.06.2018 - Two new members will join Alpla’s board of management from 1 July: Klaus Allgäuer will become the new Chief Technology Officer (CTO), while Walter Ritzer will become Chief Operations Officer (COO). Until now, the Alpla board consisted of CEO Günther Lehner, CCO Nicolas Lehner and CFO Georg Früh....

Nabaltec: Expansion and reorganization of US operations

21.06.2018 - Nabaltec AG will be significantly expanding its operations in the US. After successful examination of the location, Nabaltec has decided to acquire land and buildings in Chattanooga, Tennessee for the construction of a refined hydroxide production plant with a capacity of about 30,000 tons per year....

Ineos Styrolution: New 50,000 tonnes ABS production line in Wingles Site is planned to be operational in 2020

20.06.2018 - Ineos Styrolution, a global leader in styrenics, announces plans for a significant investment into its Wingles, France, site to attend the market growth for ABS in Europe. The site focused on polystyrene production so far. It will now add production of ABS (acrylonitrile butadiene styrene) to its portfolio....

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...

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