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UK: New Research Reveals Continued Growth in Plastic Bottle Recycling Rates
21.08.2007 - Plastic bottle recycling continues to go from strength to strength with 92% of UK local authorities now offering recycling collection facilities for plastic bottles, according to new research funded by WRAP (www.wrap.org.uk) and undertaken by Recoup (RECycling of Used Plastics). The findings of the...
Borealis announces record net profit: EUR 137 million for second quarter and EUR 250 million for first half of 2007
09.08.2007 - Borealis (www.borealisgroup.com), a leading provider of innovative, value creating plastics solutions, announces a net profit of EUR 137 million after tax for the second quarter of 2007, a 20% increase over the previous quarter and a 50% increase on the same period last year. The net profit after tax...
Chemtura: Urethane Price Increase
03.08.2007 - Effective September 1, 2007, or as contracts permit, Chemtura Europe (www.chemtura.com) will increase selling prices of most urethane prepolymers and curatives by €0.20/kg in Europe, the Middle East and Africa. These changes are directly related to continuously escalating costs for raw materials, energy...
BASF to raise prices for colorants and additives
26.07.2007 - Effective immediately, BASF (www.basf.com) will increase prices of colorants and additives globally between 5 and 20 percent, depending on the product line, as existing contracts allow. Reasons are increased energy, raw material and transportation costs. Affected products are: organic, inorganic...
Chemtura: Diana Peninger named Vice President Global Consumer Industry
23.07.2007 - Chemtura Corporation (www.chemtura.com) has appointed Diana Peninger to Vice President, Global Consumer Industry. She reports directly to Polymer Additives Group President Anne Noonan. Ms. Peninger is responsible for the new Consumer Products industry, which includes all additives important to products...
Chemtura increases prices on cresol-based antioxidants
20.07.2007 - Chemtura Corporation (www.chemtura.com) is raising the price of the cresol-based antioxidants of its Polymer Additives business, primarily as the result of a significant and sustained increase in key raw material costs. Effective on all deliveries after July 15, 2007, or as contracts allow, the following...
Degussa Increases Prices across Entire Range of High-Performance Polymers and Monomers
17.07.2007 - The High Performance Polymers (HP) Business Unit of Degussa GmbH, Marl, Germany (www.degussa.com), has announced price increases for its VESTAMID®, VESTOSINT®, VESTAMELT®, TROGAMID®, and VESTENAMER® product lines. Product prices will increase by 8 percent on average, depending on product type and region....
Huntsman Agrees to Be Acquired By Hexion for $28.00 Per Share
16.07.2007 - Terminates Merger Agreement With Basell Huntsman Corporation (www.huntsman.com) announced shortly that it has terminated the merger agreement with Basell AF ("Basell", www.basell.com) dated June 26, 2007 (the "Basell Agreement") and has agreed to a definitive merger agreement (the "Hexion Agreement")...
Björn Hedlund is new global marketing director at DuPont Engineering Polymers
11.07.2007 - Effective 1st July 2007, Björn Hedlund (54, Photo) assumes the role of global marketing director at DuPont Engineering Polymers (EP, www.dupont.com) in addition to his position as regional director Europe, Middle East, Africa (EMEA) for this business. He succeeds Timothy P. McCann, who is the new vice...
Huntsman Receives Merger Proposal From Hexion For $27.25 per Share in Cash
05.07.2007 - Huntsman Corporation (www.huntsman.com) announced yesterday that it has received from Hexion Specialty Chemicals, Inc. (www.hexionchem.com), an entity owned by an affiliate of Apollo Management, L.P., a proposal (the “Hexion Proposal”) to acquire all of the outstanding common stock of Huntsman for...
Borealis increases price of its polypropylene based products for automotive and appliance applications in Europe
05.07.2007 - Borealis (www.borealisgroup.com) announces that it will increase the price of its polypropylene based products used in automotive and appliances applications in Europe by 60 €/per tonne as of July 1, 2007.
Rieter Hosts World’s PET Experts
04.07.2007 - "PET Direct Crystallization for Virgin and Recycling Applications" was the heading for this year’s Rieter-Automatik Symposium (www.pelletizing.com). Renowned experts gathered in Germany on 21 and 22 June to share the latest information on technologies, trends, methods and applications for the production,...
Buss Kneader with larger barrel capacity for enhanced PVC granulation quality and performance
29.06.2007 - The new quantec ® EV Kneader, made in Switzerland by Buss AG (www.busscorp.com) has about 20% more internal capacity than the standard version. By increasing the material residence time at the same operating speed, this further improves dispersion on challenging PVC recipes and thus enhances product...
Basell to acquire Huntsman for $25.25 per share
28.06.2007 - Basell (www.basell.com), the global leader in polyolefins’ technology, production and marketing, and Huntsman Corporation (NYSE: HUN), one of the world’s largest manufacturers and marketers of differentiated chemicals and pigments, announced today that they have signed a definitive agreement pursuant...
EuPF: Björn Hoem re-elected as President
26.06.2007 - Björn Hoem (Photo), chief executive officer of Cedo Folien, has been reelected as the President of European Plastic Films (EuPF, www.europeanplasticfilms.eu) Sector Group for a further two-year term at the Brussels-based body’s first Plenary Meeting, which took place on 7 June 2007 in Noordwijk aan...
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