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05.02.2024 - The Dutch technology company Paques Biomaterials has closed a financing round totalling 14 million euros. According to Paques' press release, investors included the investment agency Invest-NL and the regional development organisation NOM for the north of the Netherlands. The funds will be used to...
05.02.2024 - The Italian automotive supplier Sapa Group has taken over two production plants of the US plastics group Berry Global in the Netherlands and Estonia. According to the Sapa Group's press release, these are two plants of the Berry subsidiary Promens in Zevenaar near Arnhem in the Netherlands and Rõngu...
05.02.2024 - Cabka N.V., which specialises in the processing of difficult-to-recycle plastic waste into reusable transport packaging (RTP), recently announced its preliminary business figures for 2023. The final quarter of 2023 showed a significant increase in turnover of 35 per cent compared to the previous...
05.02.2024 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe recently announced a price increase for all polystyrene (PS), ABS and SAN grades. Effective February 1, 2024, or as existing contract terms allow, the contract and spot prices for the products listed below will increase...
05.02.2024 - The US speciality chemicals company Solenis is expanding its production site in Suffolk in the US state of Virginia. In a press release, the company recently announced an investment totalling USD 193 million. The plans include the construction of a 7,400 square metre production hall and a new packaging...
31.01.2024 - The German chemical company BASF has started up a plant for the production of thermoplastic polyurethanes (TPU) at its new Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The company recently announced this in a press release. The new complex is the Group's largest single...
26.01.2024 - Trinseo, a specialty material solutions provider, and its affiliate companies in Europe announced today a price increase for all polycarbonate (PC) grades. Effective February 1, 2024, or as existing contract terms allow, the prices for the products listed below will increase as follows: "Calibre"...
23.01.2024 - The British plastics company Scott Bader is planning to modernise its main plant in Wollaston near Northampton. According to a press release, a total of GBP 30 million (EUR 35 million) is to be invested at the site in central England over the next five years. GBP 8 million (EUR 9.3 million) has...
22.01.2024 - US-based Lummus Technology is participating as an investor in the financing of the technology company Resynergi. In a press release, Lummus announced a major investment in Resynergi without going into details of the financial commitment. However, Resynergi announced in a press release the closing...
19.01.2024 - Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented...
19.01.2024 - The Wittmann Group, headquartered in Austria, is strengthening its market presence in Southeast Asia by establishing its own sales and service branch in Vietnam. "Vietnam is becoming increasingly important as a production location for the injection moulding industry," emphasises Michael Wittmann,...
18.01.2024 - The plastics recycler Tanrıkulu, based near Istanbul, Turkey, has commissioned its new Starlinger "recoStar PET 215 iV+" bottle-to-bottle recycling system in the last quarter of 2023. According to the machine manufacturer, the PET bottle-to-bottle system is the second plastic recycling system...
16.01.2024 - The Swedish investment company EQT is taking over the US plastics processor Zeus Company. In a press release at the end of December, EQT announced the signing of a corresponding agreement. Accordingly, the EQT X fund is acquiring the Zeus shares from the Tourville family of entrepreneurs. The transaction...
15.01.2024 - The British chemicals group Ineos has received a new environmental permit from the government of the Belgian region of Flanders for the construction of the "Project One" olefin complex in the port of Antwerp. The company recently announced this in a press release. As reported by Belgian media with...
12.01.2024 - The South African recycling company Myplas commissioned a new plastics recycling plant in the US state of Minnesota in December. According to a press release from subsidiary Myplas USA, the plant was built at the Rogers site near Minneapolis. In the long term, the complex will have the capacity...
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