Latest News

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...

Kautex Maschinenbau: Open House with 170 visitors from 28 countries

12.04.2018 - With 170 visitors from 28 countries, Kautex Maschinenbau once again saw an increase in the number of visitors to its Open House event, which took place on March 14 and 15. In keeping with the slogan “Setting benchmarks for high production performance”, the manufacturer of extrusion blow molding machines...

IVK Europe: Karin Arz is new Managing Director

10.04.2018 - Karin Arz will be the new managing director of the Industrieverband Kunststoffbahnen Europe e.V. based in Frankfurt am Main, Germany. The association represents the joint interests of companies producing sheets made of plastic and caoutchouc for a multitude of applications. At the beginning of April...

Corpus Christi Polymers: Acquisition of the PTA/PET complex of M&G in Texas

10.04.2018 - The Corpus Christi Polymers joint venture is preparing to acquire the PET complex currently under construction in the US state of Texas, previously part of the insolvent Mossi & Ghisolfi group, M&G Chemicals. The JV is owned by the Mexican petrochemical group Alpek, the Thai plastics group Indorama...

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