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Henry Bath: Reduction in rents for LME Plastics Warehouse Storage
15.01.2010 - Henry Bath, the London Metal Exchange ("LME") licensed warehouse operator, has announced a large reduction in its maximum published rents for the storage of plastics held on LME Warrant, effective 5 January 2010. Storage rents for Polypropylene (PP) and Linear Low-Density Polyethylene (LL) are being...
BASF: High-performance resin with improved friction characteristics
14.01.2010 - Compared to all previous versions in BASF’s high performance resin range, Ultrason® KR 4113, a representative of the polyethersulfone product line (PESU), offers hitherto unique friction characteristics. This feature is achieved by incorporating carbon fibers, graphite and PTFE (polytetrafluoroethylene)....
Klöckner Pentaplast: New PET capacity at Crumlin site
13.01.2010 - The Klöckner Pentaplast Group, the largest European producer of rigid PET films, is pleased to announce that its new PET production capacity has commenced operation at the company’s Crumlin, UK, manufacturing facility. The new line produces high-performance polyester films for food and consumer packaging...
Bayer MaterialScience: License agreement with floorwear specialist kymo
13.01.2010 - Based on polyurethane foams and a special textile fabric Bayer MaterialScience has developed a viscoelastic carpet (Photo). Walking across this carpet feels like walking over soft moss. “The foam is designed not to be fully compressed underfoot, but only to a certain depth. Since the underfoot area...
Engel: Tiebar-less, all-electric injection moulding machine for Swiss mould maker SCHÖTTLI
12.01.2010 - SCHÖTTLI AG has been manufacturing high-quality injection moulds for more than fifty years. Today the programme includes moulds for the medical technology, closures and packaging sectors. Each mould manufactured by SCHÖTTLI is inspected at the in-house Customer Technology Centre in order to establish...
BASF to raise prices for the plastic Styrolux in Europe
11.01.2010 - With immediate effect BASF will be raising its prices for Styrolux® (SB copolymer) in Europe by 150 Euro per metric ton. This measure is due to the rise in the cost of raw materials, energy and transportation. The main application fields for the plastic Styrolux are transparent food packaging, blister...
Dow Europe: Price Increase for PS, ABS, SAN and EPS Grades
08.01.2010 - Effective January 5, 2010, or as contract terms allow, Dow Europe GmbH increases its prices by 170 Euro per metric ton for all general purpose and high impact STYRON™ polystyrene resins, STYRON™ A-TECH™ advanced technology polystyrene resins, MAGNUM™ ABS grades, TYRIL™ SAN grades and SCONAPOR™ EPS grades...
Borealis: Borouge further expands capabilities in China
08.01.2010 - Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis is expanding its marketing, sales and innovation capabilities in Guangzhou and Shanghai, China. Incorporation of Borouge Sales and Marketing Co. Ltd. in Guangzhou Borouge announces the incorporation of Borouge...
Eastman Sues Indorama to Protect IntegRex™ PET Manufacturing Technology
08.01.2010 - Eastman Chemical Company recently filed a lawsuit against Indorama companies located in the United States, Europe, and Thailand in connection with their unauthorized use of IntegRex™ PET manufacturing technology. Eastman developed the IntegRex™ technology for the production of PET, and has protected...
Vinyl Foundation: Michael Kundel new president
07.01.2010 - On 15 December 2009, the Vinyl Foundation board elected Michael Kundel (Photo) as its new President. Michael is CEO of RENOLIT AG, a major PVC converter active in the film and sheet markets. He succeeds Joachim Eckstein who, as planned, handed the seat over to another board member on a rotational basis....
Quadrant: Specified material for BMW Z4 underbody shielding and wheel arch lining
06.01.2010 - Underbody shielding manufactured by Takeo Automotive Systems and made of SymaLITE® from Quadrant Plastics Composites has now been specified for the BMW Z4 (Photo). The lightweight shielding covers a significant part of the car’s underbody, resulting in an enhancement of its aerodynamics and a more comfortable,...
LyondellBasell to Increase Prices on its PE and PP Products in Europe
04.01.2010 - Effective January 1, LyondellBasell Industries has increased prices on all of its polyethylene and on all of its polypropylene grades by €100 per tonne in Europe. "Escalating feedstock costs have necessitated this price increase," said Anton de Vries, LyondellBasell’s president of Europe, Asia and...
Trevira insolvency: Financing of business operation secured
04.01.2010 - Financing of the transfer of business of the insolvent Trevira Group is secured. This means that continuation of production at all locations is guaranteed in the long term, in good time for the turn of the year and the scheduled transfer of business. “For us this is an important start signal into a...
Celanese Acquires Long-fiber Thermoplastics Business of FACT
23.12.2009 - Celanese Corporation (NYSE: CE), a leading, global chemical company, recently announced the acquisition of the long-fiber reinforced thermoplastics (LFT) business of FACT GmbH (Future Advanced Composites Technology) of Kaiserslautern, Germany, a business unit of The Ravago Group. Completion of the...
RadiciGroup Plastics explores new business opportunities in the NAFTA market
23.12.2009 - As part of its strategy to strengthen its manufacturing and marketing presence in the NAFTA market, RadiciGroup Plastics has confirmed that it has entered into a “stalking horse” Asset Purchase Agreement to acquire the American compounder MDE, subject to a Section 363 bankruptcy auction. The Group is...
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