Latest News

BASF: Price increases for TDI in the Middle East and Africa region

25.01.2016 - With immediate effect, or as contract terms allow, BASF will be increasing prices for its “Lupranate” TDI (Toluene Diisocyanate) basic products by $100 per metric ton in the Middle East and Africa region (MEAF) in order to restore its prices to a sustainable level.

Repsol starts the second construction phase of its new metallocene linear low density polyethylene plant

25.01.2016 - During the first quarter of 2016 (Q1 2016), Repsol will complete the construction work of its new metallocene polyethelene plant at its Tarragona site. Repsol plans to start up the plant and begin production and marketing of this new product during Q2 2016. Throughout the construction phase, the...

Bericap moves to new Plant in Malaysia

22.01.2016 - Bericap Singapore has completely moved to the modern new plant in Johor, Malaysia - the previous production in Singapore stopped beginning of December 2015. The new Bericap Plant will primarily produce and sell closures for the food & beverage as well as for the non-food market in the ASEAN free...

Nexeo: Extended Sales Partnership with DSM

21.01.2016 - Nexeo Solutions and Royal DSM have announced their agreement to extend and further develop their existing partnership. Both organizations plan to target to expand to Switzerland and Hungary offering DSM’s broad product range, including PA6, PA46, PA4T, PA66, PBT, PET, TPC-ET. Other areas of interest...

Styrolution changes name to Ineos Styrolution

18.01.2016 - Styrolution, the global leader in styrenics, today announced that it has changed company names and visual identity to Ineos Styrolution to mark Ineos ownership. Despite the company changing its names, including all entities, and logo, the company will continue to operate and actively pursue business...

Husky names Stefano Mirti President of Hot Runners and Controllers business

18.01.2016 - Husky Injection Molding Systems recently announced the appointment of Stefano Mirti to the position of President, Hot Runners and Controllers effective January 1, 2016. Mr. Mirti has been acting interim leader of the Hot Runners and Controllers business since June 2015. "I am pleased to have Stefano...

LyondellBasell Announces Executive Leadership Changes

18.01.2016 - LyondellBasell, one of the world´s largest plastics, chemical and refining companies, recently announced several senior leadership changes. After four years with LyondellBasell, Timothy D. Roberts, executive vice president of global Olefins and Polyolefins has announced his decision to leave the...

Styrolution: Price increase for Polystyrene in January

12.01.2016 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of January 1st, 2016 is increased by +20€/mt vs. December. The surcharge for HIPS is + 90 €/mt.

Lanxess: Capacity expansion for high-performance plastics in the USA

07.01.2016 - Lanxess has started up a second production line for high-performance plastics compounding at its facility in Gastonia, North Carolina, as planned. The new line represents an investment of about USD 15 million and doubles the site’s production capacity from 20,000 to 40,000 metric tons annually. ...

Trinseo: Price Increases for Polystyrene in Europe

07.01.2016 - Trinseo, a global materials company and manufacturer of plastics, latex and rubber, and its affiliate companies in Europe announced today price increases for all polystyrene (PS) grades. Effective immediately, or as existing contract terms allow, the January contract and spot prices for the products...

Styrolution: Price decrease for ABS in January

06.01.2016 - The Gross Market Price level in Europe for Terluran ABS valid as of January 1st, 2016 is -10€/mt versus December 2015.

IK: German plastic packaging industry with positive economic outlook amid rising costs

05.01.2016 - The German plastic packaging industry is looking ahead with confidence to the coming year, as shown by the results of the IK economic forecast for the first quarter of 2016. This suggests that 70 per cent of member companies judge the economic situation to be good; a year ago, this figure stood at a...

Huhtamaki to acquire a flexible packaging manufacturer in the Czech Republic

05.01.2016 - Huhtamäki Oyj´s subsidiary has entered into an agreement to acquire Fiomo, a.s., a privately owned manufacturer of flexible packaging foils and labels in the Czech Republic. With the acquisition Huhtamaki expands its flexible packaging manufacturing footprint to Eastern Europe and is able to offer agile...

Huhtamaki investing in new capacity in Northern Ireland

04.01.2016 - As part of its growth strategy, Huhtamaki is investing in new capacity at its molded fiber packaging manufacturing unit in Lurgan, Northern Ireland. The total investment is approximately GBP 5 million. Machinery installation is expected to be completed in early 2016. The Lurgan unit, which has been...

Huntsman: Global Titanium Dioxide Price Increases

23.12.2015 - Huntsman Corporation recently announced global price increases for all its titanium dioxide pigments. The following increases are effective January 1, 2016, or as contracts allow: Europe: 150 Euros per tonne or $160 (USD) per tonne in dollar-based markets North America: $0.07 per pound (USD) ...

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