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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...
EuPC warns plastics converters of new obligations concerning REACH
20.06.2007 - The Managing Director of Europe’s trade body for plastics converters has spoken out about the lack of preparedness of his member firms for biting legislation which enters into force this month. Speaking at EuPC’s General Assembly in Noordwijk aan Zee, the Netherlands on June 8th, Alexandre Dangis said...
Erema: Expansion of premises, world premiere of VACUREMA PRIME and Open House
18.06.2007 - What started in 1983 with a vision and the founding of a small enterprise was recently bursting at the seams. EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H. (www.erema.at) in Upper Austria threw open its doors to celebrate the official opening of an extensive expansion project. On 10 May...
Arburg: Record turnover in the anniversary year 2006
13.06.2007 - For the fiscal year 2006, which was also the anniversary year “50 years of ARBURG injection moulding machines”, the consolidated turnover of Arburg GmbH + Co KG (www.arburg.com) and all national companies reached an historic peak: 363.4 million euros were achieved by the international Hehl Group. Of...
LANXESS: Price adjustment for Lustran, Novodur and Triax
11.06.2007 - LANXESS (www.lanxess.com) has increased the prices of its Lustran (ABS), Novodur (ABS) and Triax (ABS/PA) products by EUR 150 per metric ton. According to Wolfgang Döring, head of Marketing & Sales Europe and Latin America in the Lustran Polymers business unit, this adjustment, which comes into effect...
Zwick offers an improved and more cost effective solution for the compression testing of composites
06.06.2007 - Thanks to their special material properties, fibre-reinforced plastics are frequently used in the construction of airplanes, vehicles, boats, high-performance sports (racing bicycles, skiing, archery), and for the rotors of power-generating windmills. Compared to metals, fibre-reinforced plastics offer...
Battenfeld Extrusionstechnik: AMC extrusion lines for growing fencing demand
04.06.2007 - Now that the share of plastic and composite fencing profiles has already increased to approx. 8% of the total fencing demand in the USA, and a double-digit growth rate is expected until 2010, such PVC profiles “with a difference” are also finding more and more customers in Europe and Asia. Battenfeld...
Battenfeld: Full order books at injection molding
29.05.2007 - The strategic and organizational realignment of the Austrian machine manufacturer BATTENFELD Kunststoffmaschinen Ges.m.b.H. (www.battenfeld-imt.com) has led to a significant upward trend in Kottingbrunn during the first quarter. “The first three months of this year have produced an extraordinarily...
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