Latest News

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.

Styrolution: Price decrease for ABS in October

02.10.2015 - The Gross Market Price level in Europe for Terluran ABS valid as of October 1st, 2015 is -120 €/mt versus September 2015.

BASF resumes the marketing of polystyrene

02.10.2015 - BASF SE will be offering its customers in Europe GPPS (general purpose polystyrene) from its production facility in Ludwigshafen. As well as utilizing it for its own needs - polystyrene is used for example for manufacturing "Neopor" and "Styrodur" - a sufficient quantity is now available following...

BASF lifts Force Majeure declaration for Polyamide 6.6 Compounds

30.09.2015 - BASF is lifting the Force Majeure (FM) declaration for polyamide 6.6 compounds ("Ultramid” A, "Capron” PA6.6) with immediate effect. The production problems in the hexamethylenediamine (HMD)-plant in Seal Sands (UK) are eliminated. Thus BASF is lifting the Force Majeure declaration for HMD, AH salt...

Illig: New Managing Director Technology

29.09.2015 - As of October 01, 2015, Dr. Heinrich Sielemann (49) will be the new managing director of technology at Illig. He succeeds Wolfgang Illig (69), who held this position for over three decades and now brings his experience to the company’s supervisory board. Karl Schäuble (64) remains the managing director...

HRSflow opens new production plant in the United States

25.09.2015 - On September 23 this year, Italian hot runner specialist HRSflow officially put on stream its new US production facility in Byron Center near Grand Rapids, Michigan. More than 200 guests, the majority of them plastics processors and suppliers to the North American automobile manufacturers, took up the...

Euromap: New Presidency elected - Luciano Anceschi, Managing Director of the Tria Group, appointed President

15.09.2015 - At the general assembly held in Venice on 11 September 2015, representatives of the member firms of the European plastics and rubber machinery elected Presidency, General Secretary and Treasurer for the period 2015 to 2018: Luciano Anceschi, Tria, Cologno Monzese (President) Dr. Karlheinz Bourdon,...

Styrolution: Price decrease for ABS in September

03.09.2015 - The Gross Market Price level in Europe for Terluran ABS valid as of September 1st, 2015 is -50 €/mt versus August 2015.

Styrolution: Price decrease for Polystyrene in September

01.09.2015 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of September 1st, 2015 is decreased by -50€/mt vs. August. The surcharge for HIPS is + 90 €/mt.

BASF starts first MDI production in Chongqing

27.08.2015 - BASF has begun its first production of diphenylmethane diisocyanate (MDI) at its whollyowned site in Chongqing, China. Production will be ramped up gradually in line with market demand. MDI is an important component for polyurethanes – an extremely versatile plastics material that contributes towards...

PlasticsEurope appoints Leonor Garcia as Director of Public Affairs

21.08.2015 - PlasticsEurope, the pan-European association representing European plastics manufacturers, is announcing the appointment of Leonor Garcia as Director Public Affairs. She will take up her new position at PlasticsEurope as of 1 September 2015. Presently, she is Director Corporate Scientific and Regulatory...

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