Latest News

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...

EU: Reducing use of plastic bags - MEPs strike deal with Council Presidency

24.11.2014 - EU countries would have to reduce the use of the commonest and most polluting plastic carrier bags, under draft rules informally agreed between MEPs and the Italian Presidency of the Council on Monday and confirmed by the member states’ permanent representatives on Friday. Plastic carrier bag litter...

Illig: Open House with more than 250 participants

24.11.2014 - Illig, manufacturer of thermoforming lines, welcomed more than 250 participants from the whole European economic region to their Open House, October 29 and 30. Presentations on the state-of-the-art technology of automatic pressure forming machines of the RDKP series for separate forming and punching,...

Songwon announces global price increases for the majority of its polymer stabilizer range

20.11.2014 - Songwon Industrial Co., Ltd. today announced a global price increase of 8% - 12% on a majority of its „Songnox”, „Songsorb“ and „Songxtend” product range of polymer stabilizers for the plastics industry. The increase is effective for all orders invoiced on or after December 15, 2014, or as contracts...

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