Latest News

Ineos Styrolution announces agreement to acquire two polystyrene production sites in China from Total S.A.

31.08.2018 - Ineos Styrolution, a global leader in styrenics, announced today that it signed an acquisition agreement with Total S.A. for two polystyrene (PS) production sites in China. The deal includes the purchase of the wholly owned Chinese PS business including two production sites in Ningbo and Foshan and...

BASF: Plans to expand production capacity for acrylic acid and butyl acrylate of BASF Petronas Chemicals in Malaysia

20.08.2018 - BASF Petronas Chemicals plans to expand its production capacity of the acrylic acid plant and butyl acrylate plants at its Verbund site in Kuantan, Malaysia. The capacity expansion is expected to come on stream by 2021. The expansion aims to support the growing demand for acrylic monomers in Asia Pacific....

Ashland: Price increase for composite products in EMEA

20.08.2018 - Ashland recently announced it will increase the price of its portfolio of all composites products in Europe, the Middle East and Africa (EMEA) by 100 Euros per metric ton. This increase will take effect September 1, 2018, or as soon as possible thereafter as contracts allow. This increase is primarily...

Ineos Styrolution: Price increase for ABS and PS in August

08.08.2018 - The Gross Market Price level in Europe for Terluran ABS valid as of August 1st, 2018 has increased by +30 Euro/mt versus July 2018. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of August 1st, 2018 is increased by +30 Euro/mt vs. July 2018. The surcharge for HIPS is +100 Euro/mt.

Gurit divests PVC Production Site in China

06.08.2018 - Gurit recently announced that it has reached an agreement with Qingdao Zhengyu Sunshine Industrial Co., Ltd. on the divestment of all shares in Gurit`s PVC production company in Qingdao, China for an undisclosed sales price. Closing of the transaction is expected for October 2018, subject to regulatory...

Ascend Performance Materials acquires Britannia Techno Polymer

01.08.2018 - Ascend Performance Materials, the largest fully integrated producer of nylon 6,6 resin, announced today the purchase of Britannia Techno Polymer, an engineering plastics compounder based in The Netherlands. The acquisition establishes Ascend’s European manufacturing base and expands its global compounding...

LyondellBasell: James Guilfoyle named Executive Vice President, Advanced Polymer Solutions and Global Supply Chain

25.07.2018 - LyondellBasell today announced it has named James (Jim) Guilfoyle executive vice president, Advanced Polymer Solutions and Global Supply Chain. In this capacity, Guilfoyle will continue to report to Chief Executive Officer Bob Patel. "Jim has been a key player in our company's success and has provided...

Alpla: Dr. Michael Heyde new Head of Recycling Technology

12.07.2018 - On 2 July Michael Heyde joined the Austrian packaging producer Alpla as head of recycling technology. The 58-year-old specialist in recycling and the circular economy will focus on the expansion of recycling capacities at Alpla. Heyde is a recognised expert in the development of new areas of application...

A. Schulman: Price increases for color masterbatches in EMEA

11.07.2018 - A. Schulman Inc., an international supplier of highperformance plastic compounds, powders, composites and resins, yesterday announced to its customers that prices for all color masterbatches will be increased by seven percent in Europe, Middle East and Africa. This price increase will be effective...

Mauser: IBC bottle facility in Pennsylvania opened

09.07.2018 - Mauser USA, LLC announces its latest expansion of intermediate bulk container (IBC) manufacturing capabilities with its new North Wales, PA facility. The North Wales facility will provide on-site supply of IBC bottles to Mauser’s reconditioning affiliate, National Container Group (NCG) as well as IBC...

Trinseo: Price Increases for Polycarbonate in Europe

02.07.2018 - Trinseo, a 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 July 1, 2018, or as existing contract terms allow, the contract and spot prices for...

Songwon: Global price increases for polymer stabilizers

29.06.2018 - Songwon Industrial Co., Ltd. announced today that prices for its polymer stabilizers products will be raised by up to 15%. These price increases are a consequence of the rising costs of resources and services, especially raw materials, energy and logistics, says the company. The new prices are...

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...

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