Latest News

Styrolution: Price decreases for ABS and for Polystyrene in February

03.02.2015 - The Gross Market Price level in Europe for Terluran ABS valid as of February 1st, 2015 is -20€/mt versus January 2014. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of February 1st, 2015 is decreased by -15€/mt vs. January. The surcharge for HIPS is + 90 €/mt.

Specta Group acquires PET-bottle recycler in St Petersburg

02.02.2015 - Specta has acquired the assets of a large PET-bottle recycler in St Petersburg region. The factory has modern technology of Italian origin. The factory processes the PET-bottles into PET-flakes, which Specta further uses as a raw material in the production of PET-packing strap in its factory in Kostroma....

BASF to increase capacity for butanediol at its Geismar site

21.01.2015 - BASF will increase its production capacities for the chemical intermediate 1,4-butanediol (BDO) by 10% at its site in Geismar/Louisiana as of 2016. The company will then have a global capacity of BDO of 670,000 metric tons per year. Additionally, BASF looks into further measures to strengthen and to...

Sumitomo (SHI) Demag: Gerd Liebig new Chief Sales Officer

19.01.2015 - Sumitomo (SHI) Demag Plastics Machinery GmbH has announced Gerd Liebig as Managing Director (Chief Sales Officer) in the group. Gerd Liebig, 53, takes over the full responsibility of all worldwide sales, after sales and marketing activities out of the company´s headquarter in Schwaig. He is also leading...

DuPont: "Vespel" turbocharger wastegate actuator guide bushings for more reliability and durability

16.01.2015 - A leading global supplier of innovative turbocharging systems has chosen "DuPont Vespel" bushings to improve the reliability and durability of its pneumatic wastegate actuators used in many turbocharger applications. According to DuPont the manufacturer selected this solution because the "Vespel" bushings...

QCP partnering with leading technology providers for its new circular polymer plant at Chemelot (NL)

14.01.2015 - QCP has selected leading technology providers for the engineering and construction of the first phase of its 100,000 tonne circular polymer plant to be built at the Chemelot site in the Netherlands. B+B Anlagenbau will provide all equipment for the preparation process from the incoming bales of post...

Mold Hotrunner Solutions expands in Europe

09.01.2015 - MHS Mold Hotrunner Solutions Inc., headquartered in Canada, has recently launched a new subsidiary in Germany. MHS Heisskanaltechnik GmbH is located in the city of Würzburg in northern Bavaria. The European office is led by Dipl.–Ing. (FH) Hendrik Leidigkeit. From its new location, MHS will continue...

Corvaglia: Change in management in the Corvaglia Group

08.01.2015 - The Corvaglia Group, with around 250 employees at locations in Switzerland and Mexico, has grown rapidly over the course of the past few years. Company founder and owner Romeo Corvaglia began adapting internal structures early on in order to respond to the challenges posed by such growth. The Board...

DuPont: New Director for DuPont Packaging & Industrial Polymers for Europe, Middle East & Africa

08.01.2015 - Effective January 1st 2015, Raymond Palmen is appointed Director for DuPont Packaging & Industrial Polymers for the Europe, Middle East & Africa region. He takes over from Thomas Oury, who is moving on to DuPont Performance Polymers, as Regional Director EMEA. Raymond Palmen is a strategic growth...

Biesterfeld: Thomas Arnold to be appointed CEO

06.01.2015 - With effect of April 1st, 2015, Thomas Arnold is appointed CEO by the Supervisory Board of Biesterfeld AG, Hamburg. Thomas Arnold, currently member of the board of Biesterfeld AG and Managing Director of Biesterfeld Spezialchemie GmbH, takes over from Birger Kuck, who will retire after 35 years with...

Styrolution: Price decrease for Terluran ABS in January

06.01.2015 - The Gross Market Price level in Europe for Terluran ABS valid as of January 1st, 2015 is -120€/mt versus December 2014.

Hexpol acquires US-Thermoplastic Compounder RheTech

06.01.2015 - Hexpol has signed an agreement to acquire RheTech Thermoplastic Compounding from the founders’ families. RheTech has close to 50 years’ experience of polymer compounding and is a leading provider of polyolefin compounds, engineered resins and multifunctional colorant and additives. "The acquisition...

Styrolution: Price decrease for Polystyrene in January

06.01.2015 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of January 1st, 2015 is decreased by -200€/mt vs. December. The surcharge for HIPS is +90 €/mt.

LyondellBasell: Bhavesh V. "Bob" Patel named as new CEO

19.12.2014 - LyondellBasell yesterday announced that the Supervisory Board has appointed Bhavesh V. "Bob" Patel chief executive officer, effective January 12, 2015. Patel succeeds James L. Gallogly, who previously announced his plan to retire. "After a rigorous selection process, we chose Bob Patel based on his...

Norner: SCG Chemicals enters as a strategic investor

18.12.2014 - SCG Chemicals Co., Ltd. acquires 51% of the shares in the independent petrochemical institute Norner Holding AS from the current Norwegian owners. SCG Chemicals has entered into an agreement with the current owners, the private equity fund E&M and Norner employee shareholders, for this acquisition....

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