Latest News

Petcore Europe: 2020 PET Monomer Recycling Forum Postponed - New Date To Be Announced

11.03.2020 - Petcore Europe announces the postponement of the event scheduled to be held on 16 April due to the recent developments regarding the coronavirus. The decision to postpone the event was made due to the the significant impact the Covid-19 virus has on international travel and events. In circumstances...

Lanxess: Frederique van Baarle to head High Performance Materials business unit

11.03.2020 - Frederique van Baarle (48) will take over as head of the High Performance Materials business unit at specialty chemicals company Lanxess with effect from June 1, 2020. The business unit's portfolio mainly comprises high-performance plastics for the automotive and electronics industries. The Dutch native...

Trinseo: Price Decrease for Polystyrene in Europe

04.03.2020 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe announced today a price decrease for all polystyrene (PS). Effective March 1, 2020, or as existing contract terms allow, the contract and spot prices for the products...

Arburg: Technology Days 2020 Cancelled

27.02.2020 - In view of current developments regarding the Coronavirus, Arburg management decided on February 26th to cancel the International Technology Days from March 11th to 14th, 2020, in Lossburg. As the company further states, takes Arburg the developments regarding the Coronavirus (Covid-19) very seriously....

Celanese: Price increase for POM

14.02.2020 - Celanese Corporation has recently announced that the prices for POM types of the "Amcel" and "MFI" series sold in Europe have been increased as of February 1, 2020. The price of the following products will increase by 0.10 euros per kilogram: MFI 2 Series, MFI 9 Series, MFI 13 Series, MFI 27 Series,...

Trinseo: Price Increase for Polystyrene, Polycarbonate and Copolymers in Europe

05.02.2020 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective February 1, 2020, or as existing contract terms...

Lanxess: Price increase for Durethan base polymers and caprolactam

29.01.2020 - Specialty chemicals company Lanxess is increasing its prices for Durethan base polymers (PA 6) and caprolactam effective February 1, 2020. The price adjustment applies to Europe. According to Lanxess it is being made in response to the significant rise in raw material costs and amounts to 120 Euro...

DSM: Price increase for „Akulon“ PA6 polymer grades

27.01.2020 - Royal DSM recently announced a price increase for „Akulon“ PA6 polymer grades. To compensate for the rising costs of raw materials, DSM is increasing the price for its Akulon polyamide 6 polymer grades in Europe, Middle East and Africa by 130 Euro/ton. This increase will be effective on 01 February...

Domo Chemicals appoints Yves Bonte as CEO and Chairman of the Board

22.01.2020 - Domo Chemicals, a global leading player in engineering nylon materials towards sustainable solutions, recently announced its transition plan for the function of Chief Executive Officer. The Board of Directors of Domo has appointed Yves Bonte to succeed current CEO Alex Segers during February, 2020....

Huhtamaki has completed the acquisition of the assets and operations of Mohan Mutha Polytech

10.01.2020 - Huhtamaki has completed the acquisition of the assets and operations of Mohan Mutha Polytech Private Limited (MMPPL), a privately-owned flexible packaging manufacturer located in Sri City, Andhra Pradesh, India. MMPPL has approximately 160 employees and its net sales in 2018 were approximately Euro...

Ineos Styrolution: ABS plant with a capacity of 600,000 tons per year planned in China

09.01.2020 - Ineos Styrolution, the global leader in styrenics, has announced today plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene plant in Ningbo. Less than a year after announcing the acquisition of two polystyrene production...

Trinseo: Price Increase for Polystyrene, Polycarbonate and Copolymers in Europe

08.01.2020 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), polycarbonate (PC), ABS and SAN grades. Effective January 1, 2020, or as existing contract terms allow,...

Huhtamaki to acquire full ownership of its Brazilian joint venture company Laminor

06.01.2020 - Huhtamaki has recently agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part...

Gurit: Change in Executive Committee

20.12.2019 - Gurit announces today that Stefan Gautschi, General Manager Composite Materials, will leave Gurit by June 2020 to assume another professional opportunity outside the advanced composites industry. Stefan Gautschi joined Gurit in 2013 and made strong contributions to the development and growth of the...

Clariant: Divestment of the entire Masterbatches business to PolyOne

19.12.2019 - Clariant has agreed to sell its entire Masterbatches business to PolyOne. The transaction values the Masterbatches business at USD 1,560 million, representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash and debt free basis. This amount is payable at closing,...

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