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26.06.2018 - PolyMirae Company Ltd. recently announced that it would establish a joint venture with SK Advanced in South Korea. The joint venture intends to build a new 400,000 ton/year polypropylene plant to serve customers in Asia. The plant will be located in the southeastern port city of Ulsan and is dependent...
25.06.2018 - Two new members will join Alpla’s board of management from 1 July: Klaus Allgäuer will become the new Chief Technology Officer (CTO), while Walter Ritzer will become Chief Operations Officer (COO). Until now, the Alpla board consisted of CEO Günther Lehner, CCO Nicolas Lehner and CFO Georg Früh....
20.06.2018 - Ineos Styrolution, a global leader in styrenics, announces plans for a significant investment into its Wingles, France, site to attend the market growth for ABS in Europe. The site focused on polystyrene production so far. It will now add production of ABS (acrylonitrile butadiene styrene) to its portfolio....
18.06.2018 - Oxea has announced that it will implement a price increase for prices in North America, Mexico and South America on the following products, effective July 1, 2018, or as contracts allow.
11.06.2018 - Lanxess is raising its prices for Durethan A (polyamide 6.6) compounds in Europe, Middle East and Africa by 0.60 Euro/kg with immediate effect. The overall tight market situation with extremely limited availability of raw materials in the PA 6.6 value chain has led to further severe price increases...
04.06.2018 - Ascend Performance Materials, the world’s largest fully integrated producer of nylon 6,6 resin, recently announced plans for expanding its AND capacity through 2022. In total, Ascend will grow its ADN capacity by 220 kilotons (KT) by 2022 to meet increasing demand. Ascend completed its first expansion...
24.05.2018 - Celanese Corporation recently announced price increases on its polyamide-based long-fiber thermoplastic compounds (PA66-LFT) and thermoplastic polyurethane long-fiber thermoplastic compounds (TPU-LFT). The price increases below will be effective for orders placed on or after June 1, 2018, or as...
18.05.2018 - Bilcare Solutions, the films division of the Bilcare Research Group, specialised in manufacturing of rigid plastic films, increases prices for PVC- and PET films as of June 2018. "Driven by the significant and continuous resin price increase over the past months and the considerable increase in energy-...
17.05.2018 - Specialty chemicals company Lanxess is building a new, state-of-the-art facility for the production of prepolymers at its site in Porto Feliz, Brazil. The Urethane Systems business unit is investing a single-digit million Euro amount to expand its prepolymer production capacity, which is scheduled to...
03.05.2018 - Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe recently announced price increases for all polycarbonate (PC) grades. Effective May 1, 2018, or as existing contract terms allow, the contract and spot prices for...
12.04.2018 - With 170 visitors from 28 countries, Kautex Maschinenbau once again saw an increase in the number of visitors to its Open House event, which took place on March 14 and 15. In keeping with the slogan “Setting benchmarks for high production performance”, the manufacturer of extrusion blow molding machines...
10.04.2018 - The Corpus Christi Polymers joint venture is preparing to acquire the PET complex currently under construction in the US state of Texas, previously part of the insolvent Mossi & Ghisolfi group, M&G Chemicals. The JV is owned by the Mexican petrochemical group Alpek, the Thai plastics group Indorama...
09.04.2018 - The Gross Market Price level in Europe for Terluran ABS valid as of April 1st, 2018 decreased by -30 €/mt versus March 2018. The Gross Market Price for Polystyrene (GPPS, bulk) valid as of April 1st, 2018 is reduced by -105€/mt vs. March 2018. The surcharge for HIPS is +100€/mt.
09.04.2018 - The Australian plastics manufacturer Secos Group plans to open a new production site in Malaysia this year. As the company announced in a press release, a two-year lease was recently signed for a production building near the Port Klang port southwest of Kuala Lumpur. It is planned to produce bioplastics...
09.04.2018 - The Japanese chemical group Mitsui Chemicals plans to produce thermoplastic elastomers (TPE) of the Milastomer brand at its US subsidiary Advanced Composites. As the Group announced in a press release, new facilities are to be built at Advanced Composites' headquarters in Sydney, Ohio. Capacities...
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