Latest News

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...

Clariant: Price increases for Masterbatch and Compound products containing titanium dioxide, polymers, carbon black, pigments, dyes and additives

12.03.2018 - Clariant has recently announced a price increase globally for its entire range of masterbatch and compound products containing titanium dioxide, polymers, carbon black, pigments, dyes and several additives by 4-7 percent (depending on the grade, concentration and quality of the titanium dioxide, polymer,...

Mauser: Acquisition of MaschioPack North America From Colonial Group, Inc.

12.03.2018 - Mauser USA, LLC announced its recent acquisition of the manufacturing assets of MaschioPack North America of Atlanta, GA. This acquisition provides Mauser the opportunity to expand its North American intermediate bulk container (IBC) footprint, as well as supply additional manufacturing support for...

Vecoplan: Martina Schmidt is the new head of business unit Recycling & Waste

08.03.2018 - The Vecoplan AG, located in Bad Marienberg (Westerwald), has a new head of business unit Recycling & Waste. Martina Schmidt becomes the successor of Stefan Kaiser, who has left the company. With immediate effect, the 47-year-old is in this position responsible for all business activities of Vecoplan...

Weener Plastics acquired Artpack in Russia

01.03.2018 - Plastic packaging supplier Weener Plastics (WP) Group, headquartered in the Netherlands, has acquired bottle manufacturer Artpack Ltd in Russia. The transaction closed on 20 February 2018 for an undisclosed amount. Artpack Ltd, founded in 2003, is strategically located in Dzerzhinsk, Nizhny Novgorod...

Chomarat: New multiaxial NCF reinforcement for thermoplastics plus an innovative (UD) reinforcement for wind energy

27.02.2018 - Chomarat will present its latest innovations at the 2018 JEC World trade show. Chomarat, the composite reinforcement specialist group, is launching its multiaxial glass NCF for thermoplastic composites. The unique patented stitching yarn used can withstand processing temperatures to 400°C, making...

Aquafil signs an agreement with Invista reinforcing its presence in Asia Pacific

26.02.2018 - China is one of the fastest growing markets in the world and with the beginning of February 2018 Aquafil has an even more important presence in this strategic area for its development, thanks to the binding agreement with Invista. Invista is one of the world’s largest integrated producers of chemical...

Euromap 82.1: Release Candidate for the data exchange between injection moulding machines and temperature control devices

23.02.2018 - Injection moulding machines are integrated in vertical and horizontal IT communication structures for data exchange. For the vertical communication to central computers/ manufacturing execution systems (MES), Euromap 77 has been published as second Release Candidate in September 2017. The final version...

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