Latest News

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....

Altuglas: Price increases for PMMA acrylic resins

11.12.2014 - Altuglas International, subsidiary of Arkema group, today announced an increase from 120 to 150 Euros per metric ton for PMMA resins marketed under the "Altuglas" trademark in Europe, the Middle East and Africa. This price increase will be applicable to all deliveries from January 1st 2015. The price...

A. Schulman to double its masterbatch production capacity in Dongguan, China, to accommodate growing demand

11.12.2014 - A. Schulman, Inc. recently announced that it has added equipment in its manufacturing facility in Dongguan, China, to accommodate increasing demand in the Company´s Masterbatch Solutions business. This new production line, which the Company expects will ramp up in volume over the next several months,...

Vestolit: Acquisition by Mexichem is closed

09.12.2014 - On December 1st, 2014, the acquisition of Vestolit GmbH (Marl, Germany) by Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico) was closed after receiving all relevant regulatory approvals. The acquisition of Vestolit - one of the leading producers of PVC-Specialties in Europe - is supporting Mexichem’s...

Evonik increases prices for the product group „Vestamin”

08.12.2014 - Evonik Industries announced a global price increase for the product group „Vestamin” up to nine percent, effective January 1st, 2015. This increase will apply to all orders shipped on or after this date and as contracts allow. Evonik offers a broad range of products for the coatings, composites...

Kraiburg TPE invests in US location

04.12.2014 - Construction work on the new production and administration complex for Kraiburg TPE Americas in Buford, Georgia started at the end of November. The company is investing $15 million in a modern building that beginning in 2016 will accommodate TPE production and the hub of US business activities on a...

battenfeld-cincinnati: Gerold Schley new CEO of the group

04.12.2014 - Effective 1st January 2015, Gerold Schley (54) will become President and CEO of the battenfeld-cincinnati group. Following Jürgen Arnold´s resignation, the company´s CFO Michael von Cappeln has acted as interim President and CEO. Gerold Schley has previously held several leading positions in the...

Ettlinger: Expand of sales network in Europe and Asia

04.12.2014 - Ettlinger Kunststoffmaschinen GmbH, the specialist for high performance melt filters and injection molding machines for high shot weights, is currently expanding its sales network with new partners in Southern and Eastern Europe as well as in Asia. The company already has several agents right across...

Huntsman: Significant action to improve the global competitiveness of pigments and additives business

04.12.2014 - Huntsman Corporation recently announced that it is taking significant action to improve the global competitiveness of its pigments and additives business. As part of a comprehensive restructuring program, Huntsman plans to reduce its workforce by approximately 900 positions. Annual cost savings are...

Clariant: Price increases for Polymer Additives products

03.12.2014 - Clariant announces a price increase for its Polymer Additives products. Effective January 1, 2015, prices for Plastics and Coatings products will be increased up to 10% as a result of higher costs. The increase will affect selected products within the Light Stabilizer, Antioxidant, Process Stabilizer...

Styron: Price decreases for polystyrene and copolymers in Europe

03.12.2014 - Styron, a global materials company and manufacturer of plastics, latex and rubber, and its affiliate companies in Europe announced today price decreases for all polystyrene (PS) and copolymer grades. Effective immediately, or as existing contract terms allow, the December contract and spot prices for...

Styrolution: Price decrease for Terluran ABS in December

02.12.2014 - The Gross Market Price level in Europe for Terluran ABS valid as of December 1st, 2014 is -50€/mt versus November.

Styrolution: Price decrease for Polystyrene in December

01.12.2014 - The Gross Market Price for Polystyrene (GPPS, bulk) valid as of December 1st, 2014 is decreased by -100€/mt vs. November. The surcharge for HIPS is + 90 €/mt.

Nexeo: Distribution of ‘Torzen’ PA66 brand from Invista in Europe

27.11.2014 - Nexeo Solutions, a global leader in plastics distribution, announced it will expand its portfolio in Europe by offering products under the ‘Torzen’ PA66 brand from Invista. Invista is the world’s largest producer of PA66 and intermediates* and a solutions provider in the engineering polymers market....

Huhtamaki to sell its Films business

24.11.2014 - Huhtamaki has entered into an agreement to sell its Films business segment to DBAG Fund VI, a fund advised by Deutsche Beteiligungs AG, a German private equity company listed on the Frankfurt stock exchange. In July 2014 Huhtamaki announced that as a result of its growing strategic focus on food packaging...

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