Latest News

Oxea: Notice of Force Majeure at Oxea’s Intermediates unit in Bay City, Texas

04.07.2014 - Oxea Corporation announced today that it has encountered a significant production issue at its Bay City, Texas facility. Due to a malfunction in the production process that, despite its best efforts could not be avoided, the Company has been unable to resume full production. As a result, Oxea...

Styrolution: Price increase for Terluran ABS in July

04.07.2014 - The Gross Market Price for Styrolution Terluran ABS valid as of July 1st, 2014 is increased by 50 €/mt versus June.

Styrolution: Price increases for specialties

04.07.2014 - Styrolution announced to implement the following price increases with immediate effect:

Elix Polymers: Price increases for ABS and SAN program announced

03.07.2014 - Due the additional raw material increases in July we are forced to increase our product prices, with effect 1st of July, as follows: • "Elix" ABS: + € 50,- / t. • "Elix" 100 Series: + € 30,- / t. • "Elix" 200 Series: + € 70,- / t. • "Cadon" Series: + € 50,- / t. Current agreements will be honoured...

Styron: Price increases for Polystyrene and Copolymers in Europe

03.07.2014 - Styron Europe GmbH and its affiliate companies in Europe announced today price increases for all polystyrene (PS) and copolymer grades. Effective immediately, or as existing contract terms allow, the July contract and spot prices for the products listed below will increase as follows: "STYRON" general...

Lanxess: Polyamide plant in Belgium taken into operation

02.07.2014 - Specialty chemicals company Lanxess has taken its new plant for polyamide plastics in Antwerp, Belgium, into operation as planned. The world-scale facility for polyamide plastics is designed for an annual capacity of around 90,000 metric tons. It represents an investment volume of EUR 75 million. The...

BASF: New MDI plant in Shanghai - Partnership with Huntsman, Shanghai Hua Yi, Shanghai Chlor-Alkali Chemical und Sinopec

02.07.2014 - BASF, Huntsman, Shanghai Hua Yi (Group) Company, Shanghai Chlor-Alkali Chemical Co. Ltd. and Sinopec Group Assets Management Corporation held a ceremony today kicking off the construction of a new plant with a production capacity of 240,000 metric tons of crude MDI (diphenylmethane diisocyanate) per...

Styrolution: Price increase for Polystyrene in July

02.07.2014 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of July 1st, 2014 is increased by +100€/mt vs. June. The surcharge for HIPS is + 105 €/mt.

Lanxess: Price increases for Durethan base resin, film and extrusion grades

01.07.2014 - Specialty chemicals group Lanxess will increase prices effective July 1, 2014 for Durethan base resin, film and extrusion grades in Europe, Middle East and Africa by 0.12 Euro/kg. The increase is reasoned by ongoing continuous high level of raw material costs. Existing agreements will be honored. ...

Lego: Expansion of factory in Mexico

25.06.2014 - The LEGO Group recently inaugurated the latest expansion of their factory in Ciénega de Flores, Nuevo Leon, Mexico. The factory supplies the entire American continent with LEGO products, and the new expansion will increase the capacity of the factory significantly. It will be fully operational by September...

EuPC: Michael Kundel elected as President

10.06.2014 - On 6th June 2014 EuPC elected Michael Kundel CEO at Renolit in Germany as its new President. Michael Kundel is succeeding Bernhard Borgardt who chaired EuPC for the last 6 years. In his opening statement Michael Kundel reconfirmed the need to defend the interest of plastics converters in Europe in...

Styron: Price Increases for Polycarbonate Compounds and Blends in Europe

06.06.2014 - Styron and its affiliate companies in Europe announced price increasesfor all "Calibre" and "Emerge" polycarbonates, compounds and blends products. Effective June 21st, or as existing contract terms allow, prices for Calibre" and "Emerge" products will increase by 180 Euro per metric ton. According...

Indorama: Acquisition of Artenius TurkPET

05.06.2014 - Indorama Ventures Public Company Limited (IVL) has acquired 100% of Artenius TurkPET, based in Adana, Turkey. Artenius produces PET resin and has 130,000 tonnes of capacity. "Turkey and its encompassing region is a fast-growing market and our investments in Turkey are part of a well-defined strategy...

Coperion to consolidate North American operations by November 2015

05.06.2014 - Coperion GmbH, a subsidiary of Hillenbrand, Inc. (NYSE: HI) recently announced that it will realign and relocate their North American operations based in Ramsey, New Jersey, USA, to their other facilities located in Pitman, New Jersey, Wytheville, Virginia and Houston, Texas. This realignment is being...

KEM ONE: PVC prices increase for June 2014

04.06.2014 - KEM ONE announced a price increase for suspension and mass PVC of 25€ to be applied in June. The company wants to maintain a strict price policy in order to recover the margins, deteriorated by the weakness of the market for caustic soda.

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