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LyondellBasell to close two PP production lines in Wesseling, Germany

09.01.2012 - LyondellBasell (NYSE: LYB) today announced that it will shut down two polypropylene (PP) lines in Wesseling, Germany, by mid-2012. The lines, with a combined capacity of 90 KT per year, are among the company’s smallest and oldest PP production units. „We continue to focus on reducing costs to maintain...

Dow Europe: Price Increase for Polyethylene Resins

09.01.2012 - Dow Europe GmbH is announcing a price increase for polyethylene (PE) resins across the European, Middle Eastern and African regions. Effective January 1, 2012, or as contract terms allow, Dow Europe GmbH increased prices for all grades of its low-density polyethylene (LDPE), linear low-density polyethylene...

Styron Europe: Price Increases for Polystyrene and Copolymers

09.01.2012 - Styron Europe GmbH and its affiliate companies in Europe recently announced price increases for all polystyrene and copolymers grades. Effective immediately, or as existing contract terms allow, the prices for the products listed below will increase as follows: All STYRON™ and STYRON A-TECH™...

Borealis increases polyethylene and polypropylene prices

09.01.2012 - Borealis, a leading provider of chemical and innovative plastics solutions, announced a price increase by EUR 100/tonne for all polyethylene and polypropylene types for January, 2012. “This decision to increase prices reflects our assumptions on the economic development and it´s necessary for the...

S+S: Turnover in 2011 increased by 15 percent

16.12.2011 - 2011 was a good year for S+S Separation and Sorting Technology GmbH of Schönberg, Bavaria. With a growth of 15 percent S+S reaches a turnover of approximately Euro 34 million, the number of employees increased from 250 to about 300, reports the company. For 2012 S+S is planning some reorientation....

Tessenderlo Group opens largest recycling facility for PVC profiles in the UK

16.12.2011 - New Eurocell closed-loop recycling system can process up to 12,000 end-of-life window frames per week Tessenderlo Group has invested, through its subsidiary Eurocell, 3.5 million euro in creating the UK‟s largest and most advanced PVC recycling operation. The new plant, based in Derbyshire,...

Deceuninck: Acquisition of PVC recycling equipment from Verpola

14.12.2011 - Deceuninck is on the way to become the number one in PVC recycling in the Benelux. As the company announced it recently acquired the PVC recycling equipment from the Bruges (B-Belgium) based company Verpola nv. Combined with the existing recycling capacity at its PVC extrusion site in Gits (B), Deceuninck...

INEOS Oxide to expand Ethylidene Norbornene (ENB) capacity

13.12.2011 - INEOS Oxide, has recently confirmed that it is planning to expand its Ethylidene Norbornene (ENB) capacity. As part of its growth strategy INEOS Oxide plans to build a new world scale ENB plant in South East Asia, with site selection studies and feedstock supply discussions now underway. It is expected...

Röchling taking over the Italian machining specialist Leder Orago

09.12.2011 - The Röchling Engineering Plastics Group is taking over the North Italian machining specialist Leder Orago S.r.l. in Gozzano effective as of the 1st December 2011, announced the company. Leder Orago will become part of the Business Unit Machined Components of the Röchling High-Performance Plastics...

KraussMaffei: Successful plant extension for robots in Schwaig

08.12.2011 - Even though production only started recently, the new assembly hall for automation products of KraussMaffei is working at full capacity, announced the company. The new assembly hall at the Schwaig plant was commissioned today during an official ceremony. With the new production area, KraussMaffei has...

Wittmann now also represented in Guatemala, Honduras and El Salvador

07.12.2011 - Effective September 2011, MAPRIMAQ, a company based in Guatemala Ciudad, has taken over the agency for products of the Wittmann group in Guatemala, Honduras and El Salvador. Maprimaq stands for "Materias Primas & Maquinaria" (raw materials and machinery). The sales company was established by Joachim...

LANXESS and South Korean Tier-One automotive supplier Hwaseung strengthen partnership

05.12.2011 - German specialty chemicals company LANXESS and South Korea’s tier-one automotive supplier, Hwaseung Corporation, have further strengthened their business partnership. Both companies have signed a long-term agreement under which LANXESS will supply Hwaseung with premium EPDM rubber. Financial details...

CFO Sten Daugaard is leaving the LEGO Group

05.12.2011 - The LEGO Group’s CFO Sten Daugaard is resigning at his own request to pursue interests outside the company. Sten Daugaard will leave the company as of 31 December 2011. Sten Daugaard joined the LEGO Group in July 2008 from a position as CFO in the SGL Group. CEO Jørgen Vig Knudstorp said: ”During...

KraussMaffei Group to expand production plants in Slovakia and China

02.12.2011 - The KraussMaffei Group has decided to expand its production plants in Martin (Slovakia) and in Haiyan (China). At both locations, the production capacities are to be doubled and the performance spectrum extended. For both sites, the start of production is planned for the beginning of 2013, announced...

LANXESS: Sales in Greater China targeted to exceed EUR 1 billion in 2012

02.12.2011 - LANXESS is continuing to focus on the growing Chinese market and is targeting sales of more than EUR 1 billion there in 2012, announced the company. "Greater China will continue to be a cornerstone of our fast-growing Asian business," said the Chairman of the Board of Management of LANXESS, Axel...

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