Latest News

LyondellBasell: Definitive Agreement to Acquire PP Compounding Business of Zylog Plastalloys

30.11.2015 - LyondellBasell, one of the world´s largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd. (Zylog) of India. Upon completion of the acquisition, LyondellBasell...

DSM to boost capacity of Akulon XS for flexible packaging films

30.11.2015 - Royal DSM, a global science-based company active in health, nutrition and materials, recently announced that the company is expanding production capacity for “Akulon” XS at its facility in Emmen, the Netherlands. The capacity increase is scheduled for completion in the first quarter of 2016. It will...

BASF to expand compounding capacities for PA and PBT at the Schwarzheide site - Start-up planned for 2017

27.11.2015 - BASF is expanding the compounding capacities for engineering plastics in Europe. Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of "Ultramid” (PA: polyamide) and "Ultradur” (PBT: polybutylene terephthalate) at the Schwarzheide site, Germany. Around...

Sulzer to Execute Contract for EPS Production Plant in Brazil

24.11.2015 - In March 2015, Sulzer has received an order from Innova S.A. for the delivery of a foam production system relying on Sulzer´s extruder-based melt impregnation technology. The facility in Triunfo, Rio Grande do Sul, Brazil - with a capacity of more than 24,000 tons per year - will produce Expandable...

EUROMAP: New Recommendation EUROMAP 78 published

17.11.2015 - The Technical Commission of EUROMAP has published the new recommendation EUROMAP 78 "Electrical Interface between Injection Moulding Machines and External Safety Devices". It is the successor of EUROMAP 73 which is based on the usage of three limit/safety switches. EUROMAP 78 facilitates the use...

BASF starts operations at 300,000-metric-ton TDI plant at Ludwigshafen site

17.11.2015 - BASF today officially inaugurated the new TDI (toluene diisocyanate) plant at its Ludwigshafen site. The plant has an annual capacity of 300,000 metric tons of TDI. The total investment, including precursors, is over €1 billion. This is the largest investment ever made at the site and will create around...

Celanese to Expand Advanced Materials Portfolio with addition of PEEK

16.11.2015 - Celanese Corporation, a global technology and specialty materials company, recently announced it will expand the high end of its engineered materials product portfolio with the initial introduction of two premium industrial grades of Polyether Ether Ketone (PEEK) in the second half of 2016. "With...

DuPont Board of Directors Names Edward D. Breen Chair and CEO

10.11.2015 - The DuPont board of directors recently announced it has named Edward D. Breen the company´s chair and chief executive officer (CEO), effective immediately. Breen has served as interim chair and CEO of DuPont since October 16, 2015, and joined the company´s board in February 2015. "Ed Breen brings...

Rehau: Dr. Guido Stannek new CPO

06.11.2015 - Set to join the Rehau Group with effect from 1 November 2015, in his capacity as the future head of purchasing Dr. Guido Stannek (47) will take over the post of Chief Procurement Officer (CPO). Born in 1968, Dr. Guido Stannek brings longstanding experience in supply chain management to the position....

Trinseo: Price Increases for Polystyrene and ABS in Europe

06.11.2015 - 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) and ABS grades. Effective immediately, or as existing contract terms allow, the November contract and spot prices for the...

Mondi Group signs agreement to acquire KSP

04.11.2015 - Mondi Group has signed an agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. and related interests ("KSP”). Established in 1973, KSP is a flexible packaging company specialised in the production of high-quality spouted and retort stand-up pouches for the food, pet food...

Amcor announces acquisition of Encon

29.10.2015 - Amcor recently announced the acquisition of privately owned Encon’s preform manufacturing business. The consideration payable will be US$55 million and the acquired business will form part of Amcor´s Rigid Plastics business group. Encon generates revenues of approximately US$110 million servicing...

Celanese: Price increases for Acetyls

27.10.2015 - Celanese Corporation, a global technology and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediate products. The price increases below are effective November 1, 2015, or as contracts allow.

Maag to acquire Gala Industries

20.10.2015 - Switzerland-based Maag, manufacturer of gear pumps, pelletizing systems, and filtration systems for demanding applications in the plastics, chemical, and petrochemical industries, has agreed to acquire US-based Gala Industries, Inc. Gala is a manufacturer of underwater pelletizing systems, centrifugal...

Styrolution: Price decrease for Polystyrene in October

05.10.2015 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of October 1st, 2015 is decreased by -135€/mt vs. September. The surcharge for HIPS is + 90 €/mt.

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