Latest News

Lanxess increases prices for hexanediol

17.09.2021 - Specialty chemicals company Lanxess is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts for 300 Euro per metric ton. The reason for the adjustment is the significant rise in energy costs over the past months. HDO is an important precursor for high performance...

Alpla, Ecohelp and UPT launch joint PET recycling operations in Romania

16.09.2021 - The Alpla Group, the global packaging solutions and recycling specialist, is investing in the construction of a recycling plant in Targu Mures, Romania, as part of a joint venture with its partners. The plastic granulate recycled there in the future will come from PET bottles collected from household...

Engel: Emilio López is new Managing Director in Mexico

03.09.2021 - Emilio López has been appointed as the new Managing Director of Engel de Mexico SA de CV. He succeeds Peter Auinger, who retired on 1st September 2021. Emilio López brings extensive experience of sales and management in the plastics and chemicals industries to his new role. After studying plastics...

Trinseo: Price Decrease for Polystyrene in Europe

03.09.2021 - Trinseo, a global materials company and manufacturer of plastics and latex binders, and its affiliate companies in Europe yesterday announced a price decrease for polystyrene (PS) grades. Effective September 1, 2021, or as existing contract terms allow, the contract and spot prices for the products...

Lanxess: Price increase for inorganic pigments

02.09.2021 - Lanxess is raising its prices for its inorganic pigment products worldwide with immediate effect. Prices for iron oxide pigments will increase by a minimum of EUR 200 per metric ton, for chromium oxide pigments by a minimum of EUR 300 per metric ton and for ferrites by a minimum of EUR 250 per metric...

LyondellBasell Announces Retirement of Chief Executive Officer - Board Forms Search Committee to Identify a Successor

25.08.2021 - LyondellBasell today announced that Chief Executive Officer Bhavesh V. (Bob) Patel intends to retire from the Company as of December 31, 2021. Patel will continue to lead the Company until that time and will ensure a smooth and orderly transition for his successor. Upon his departure, he will also resign...

Alpla Group: Acquisition of packaging manufacturer Wolf Plastics

20.08.2021 - In acquiring all the shares in the packaging manufacturer Wolf Plastics Group based in Kammern, Austria, Alpla intends to use the company’s expertise, in particular in the manufacture of plastic buckets and canisters, to expand its product portfolio. With its three production facilities in Austria,...

Reifenhäuser Cast Sheet Coating: Dr. Paul Walach becomes Managing Director

05.08.2021 - Effective July 1, 2021 Dr. Paul Walach (37) becomes Managing Director of Reifenhäuser Cast Sheet Coating together with Karsten Kratz. With this move, the Reifenhäuser Group business unit specializing in cast film, sheet and extrusion coating lines introduces a generation change at executive management...

Faerch acquires MCP and enters the US market

04.08.2021 - Faerch Group acquires MCP Performance Plastic. The acquisition expands Faerch’s geographical footprint beyond Europe and establishes a presence in the US market. It is part of Faerch’s long-term growth strategy and underpins the ambition to lead the transition of food packaging towards true circularity...

Trinseo: Price Increase Polystyrene, Polycarbonate and Copolymers

03.08.2021 - Trinseo and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective August 1, 2021, or as existing contract terms allow, the contract and spot prices for the products listed below will increase as follows: STYRON™...

Trinseo: Price Increase for Methyl Methacrylate in Europe

03.08.2021 - 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 MMA. Effective August 1, 2021, or as existing contract terms allow, the price for MMA monomer will increase by 300 Euros...

Alpla acquires South African packaging manufacturer

29.07.2021 - The global manufacturer of plastic packaging and recycling specialist, the Alpla Group, has acquired the manufacturer Verigreen Packaging based in Durban. The company specialises in bottles and canisters for lubricants such as engine oils. The Alpla Group acquired the lubricants division of the South...

Indorama: New Indonesian facility to recycle 2 billion PET plastic bottles annually

07.07.2021 - Indonesia will by the end 2025 reduce 70 percent of its plastic debris from 2017. In this regard, Thailand-based Indorama Ventures Public Company Limited (IVL) announced that it will build a facility in Karawang, West Java, to recycle almost 2 billion plastic bottles a year in support of the government’s...

Trinseo: Price Increase for Methyl Methacrylate in Europe

05.07.2021 - 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 MMA. Effective July 1, 2021, or as existing contract terms allow, the price for MMA monomer will increase by 300 Euros...

Trinseo: Price Decrease for Polystyrene

02.07.2021 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price decrease for polystyrene (PS) grades. Effective today, July 1, 2021, or as existing contract terms allow, the contract and spot prices for...

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