Latest News

Styron: Price Increases for Polystyrene in Europe

08.08.2013 - Styron Europe GmbH and its affiliate companies in Europe announced price increases for all polystyrene grades. Effective immediately, or as existing contract terms allow, the August contract and spot prices for the products listed below will increase as follows: "Styron" general purpose polystyrene...

Adval Tech Group is selling its Mexico business and its medical technology activities in China

29.07.2013 - The Adval Tech Group is selling its Mexico business and its medical technology activities in China to the Hudson (Wisconsin)-based US company Phillips-Medisize. In line with its new strategy, the Adval Tech Group is concentrating on mold making and on selected activities in the components business....

Albrecht Bäumer: Nina Patisson new CEO

29.07.2013 - Nina Patisson, great-granddaughter of the company founder, was appointed to the Board of Management of the Albrecht Bäumer GmbH & Co. KG as of 1 July 2013. The 36-year-old replaces her father Helmut Kritzler who retired after 43 years of service with the company. Alongside Stephan Halstrick, incumbent...

Albis Plastic: International distribution for Sipol

26.07.2013 - Albis Plastic GmbH, the Hamburg-based European specialist in distribution and compounding of technical thermoplastics, takes over the marketing activities of "Sipolprene", the Ether Ester Thermoplastic Elastomer from the company Sipol SpA. The distribution agreement applies to all Albis´ sales offices...

Ineos: MOU with Sasol for HDPE Joint Venture

26.07.2013 - Ineos Olefins & Polymers USA and Sasol announced today the signing of a Memorandum of Understanding with the intent to form a joint venture to manufacture high-density polyethylene. "This joint venture demonstrates Ineos’s continued commitment to the HDPE market and to growing end-use applications...

Styron: Sale of expandable polystyrene business to Ravago

22.07.2013 - Styron Europe GmbH and Ravago S.A. announced jointly that they have signed a definitive agreement under which Styron’s Expandable Polystyrene (EPS) business will be sold to RP Compounds, a subsidiary of Ravago S.A., for an undisclosed sum. The sale includes the EPS manufacturing facility in Schkopau,...

Illig: French branch office moves to new premises

22.07.2013 - Illig France officially commenced operation of new premises in Saint-Pierre-du-Perray, conveniently situated in the southern periphery of Paris. Patrick Storck, Managing Director of the French Branch Office, and Wolfgang Illig who represented the Heilbronn parent company could welcome more than 40 long-term...

Songwon: Global price increases for Polymer Stabilizers and Specialty Antioxidants

22.07.2013 - Songwon Industrial Co., Ltd. announced to increase the global selling prices of its Polymer Stabilizers and Specialty Antioxidants products. The increase will range between 5% and 8% effective on orders received on or after August 15, 2013, or as contracts allow. According to Songwon recent cost...

Oriental Energy selects Ineos Technologies’ Innovene PP process for their new project in Ningbo, China

19.07.2013 - Ineos Technologies recently announced that it has been chosen to provide the Innovene PP process to Oriental Energy Company Limited based in Nanjing for its subsidiary, Ningbo Fuji Petrochemical Company Limited. The unit, to be built in Ningbo, Zhejiang Province, will take propylene from the upstream...

Plastics Recyclers Europe warns that PET trays must be recycled separately

17.07.2013 - PET trays must have their own recycling stream. These valuable products need to be sorted separately from the PET bottle streams and recycled separately in order to ensure resource efficiency. Casper van den Dungen, Plastics Recyclers Europe PET Chairman, said that „trays and bottles are two different...

Dreyplas adds PEEK from Zhong Yan to its product portfolio

16.07.2013 - Dreyplas has taken a further step towards focusing its product portfolio on high-performance additives and polymers. The company has now taken over responsibility for the distribution on the European market of PEEK (polyether ether ketone) plastics produced by the Chinese company, Jilin Zhong Yan High...

Coperion delivers complete compounding lines to BASF site in Shanghai

05.07.2013 - Coperion GmbH, Stuttgart/Germany, is growing business at an accelerated rate at its production site in Shanghai/China, through its successful interdisciplinary collaboration between its various global sites, and they are doing this by building complete turnkey compounding lines for the production of...

Celanese: Price increases for acetyl intermediates

04.07.2013 - Celanese Corporation anounced to increase list and off-list selling prices by these amounts for the following products effective immediately, or as contracts allow. The above price increases are additive to the Acetic Acid price increase which was announced on May 15, 2013 (see below) and remains...

Mitsubishi Chemical completes acquisition of compound activities from Tessenderlo Group

01.07.2013 - Mitsubishi Chemical Corporation (MCC, Tokyo; Japan), a subsidiary of Mitsubishi Chemical Holdings Group (MCHC) recently announced that it has completed acquisition of compound activities from Tessenderlo Group (Brussels, Belgium), a worldwide specialty company. The acquisition comprises five production...

SO.F.TER. to open new plant in U.S. for the production of engineering plastics and thermoplastic elastomers

28.06.2013 - Located in Lebanon, Tennessee, SO.F.TER. U.S. will offer the U.S. market a comprehensive product range, with personalized services and strong customer focus. The SO.F.TER. GROUP, one of the world’s largest independent compounders with headquarters in Forlì, Italy, announced the construction of a...

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