Latest News

Gurit divests PVC Production Site in China

06.08.2018 - Gurit recently announced that it has reached an agreement with Qingdao Zhengyu Sunshine Industrial Co., Ltd. on the divestment of all shares in Gurit`s PVC production company in Qingdao, China for an undisclosed sales price. Closing of the transaction is expected for October 2018, subject to regulatory...

Ascend Performance Materials acquires Britannia Techno Polymer

01.08.2018 - Ascend Performance Materials, the largest fully integrated producer of nylon 6,6 resin, announced today the purchase of Britannia Techno Polymer, an engineering plastics compounder based in The Netherlands. The acquisition establishes Ascend’s European manufacturing base and expands its global compounding...

LyondellBasell: James Guilfoyle named Executive Vice President, Advanced Polymer Solutions and Global Supply Chain

25.07.2018 - LyondellBasell today announced it has named James (Jim) Guilfoyle executive vice president, Advanced Polymer Solutions and Global Supply Chain. In this capacity, Guilfoyle will continue to report to Chief Executive Officer Bob Patel. "Jim has been a key player in our company's success and has provided...

Alpla: Dr. Michael Heyde new Head of Recycling Technology

12.07.2018 - On 2 July Michael Heyde joined the Austrian packaging producer Alpla as head of recycling technology. The 58-year-old specialist in recycling and the circular economy will focus on the expansion of recycling capacities at Alpla. Heyde is a recognised expert in the development of new areas of application...

A. Schulman: Price increases for color masterbatches in EMEA

11.07.2018 - A. Schulman Inc., an international supplier of highperformance plastic compounds, powders, composites and resins, yesterday announced to its customers that prices for all color masterbatches will be increased by seven percent in Europe, Middle East and Africa. This price increase will be effective...

Mauser: IBC bottle facility in Pennsylvania opened

09.07.2018 - Mauser USA, LLC announces its latest expansion of intermediate bulk container (IBC) manufacturing capabilities with its new North Wales, PA facility. The North Wales facility will provide on-site supply of IBC bottles to Mauser’s reconditioning affiliate, National Container Group (NCG) as well as IBC...

Trinseo: Price Increases for Polycarbonate in Europe

02.07.2018 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today price increases for all polycarbonate (PC) grades. Effective July 1, 2018, or as existing contract terms allow, the contract and spot prices for...

Songwon: Global price increases for polymer stabilizers

29.06.2018 - Songwon Industrial Co., Ltd. announced today that prices for its polymer stabilizers products will be raised by up to 15%. These price increases are a consequence of the rising costs of resources and services, especially raw materials, energy and logistics, says the company. The new prices are...

LyondellBasell: EU Antitrust Clearance for Acquisition of A. Schulman

28.06.2018 - LyondellBasell recently announced that it has received antitrust clearance from the European Commission for its pending acquisition of A. Schulman, Inc. The European Commission's clearance for the transaction satisfies one of the conditions for the closing of the pending acquisition, which remains...

DSM: Price increases for PA66 compounds

27.06.2018 - Royal DSM, a global science-based company active in health, nutrition and materials, recently announced price increases for all "Akulon" and "Novamid" PA66 compound products, effective 15 July 2018, or as contracts allow. The price increases are as follows: In Europe, 600,- Euro per mT In North...

Ashland increases prices on composites resins and gelcoats in North America

26.06.2018 - Ashland is increasing prices on its portfolio of unsaturated polyester resins, epoxy vinyl ester resins and gelcoats by $0.04/lb. Ashland is also implementing a $0.02/lb. price increase for freight. The increases apply to North America and are effective July 09, 2018 or as agreements allow. The price...

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....

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