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Lyondell Chemical to Pursue $3,250 Million of First Priority Debt Financing
15.03.2010 - LyondellBasell recently announced that its wholly owned subsidiary, Lyondell Chemical Company, plans to raise $3,250 million of first priority debt, including an offering of senior secured notes ("the Notes") in a private placement and borrowings under a senior term loan facility (the "Term Loan")....
LyondellBasell Announces Receipt of U.S. Bankruptcy Court Approval of Significant Steps in its Chapter 11 Proceedings
15.03.2010 - LyondellBasell recently announced three significant developments toward its emergence from bankruptcy protection. Specifically, LyondellBasell: obtained bankruptcy court approval of its Third Amended Disclosure Statement, permitting LyondellBasell to begin soliciting votes on its Third Amended Plan...
Gneuss MRS Technology now with FDA Approval
15.03.2010 - At the beginning of 2010, Gneuss received a "Letter of No Objection" from the American Food and Drug Administration (FDA) for its Bottle to Bottle Recycling process. This process consists of the patented Multi Rotation Extruder (MRS), the fully automatic Melt Filtration System and an SSP with an extremely...
Evonik: Bio-Polyamide Protects High-Performance Cables
11.03.2010 - Germany-based Evonik Industries has expanded its range of compounds for high-performance cables to include bio-based VESTAMID® Terra DS. Evonik is thus responding to the rapidly growing interest in bio-based plastics, even in technically challenging fields of application. A polyamide 1010, VESTAMID®...
Bayer MaterialScience acquires Artificial Muscle, Inc.
10.03.2010 - Bayer MaterialScience LLC, a subsidiary of Bayer AG and part of the global Bayer MaterialScience business, has acquired Artificial Muscle, Inc. (AMI) of Sunnyvale, California. AMI is a pioneer and leader in the field of electroactive polymers for the consumer electronics industry. Enabling technology...
Tria to join Piovan UK
10.03.2010 - Ralf Schneider Group´s recently announced global strategy to bring its three ancillary equipment businesses, Motan, Colortronic and Colortronic Systems together, has led TRIA S.p.A. to review its representation in the UK and Ireland. The co-operation between Motan Limited and Tria will cease on April...
BASF: Airbox for motorcycles made of dimensionally stable polyamide
09.03.2010 - The sportiest and most powerful motorcycle from BMW, the new S 1000 RR, draws its combustion air from an intake system with a built-in air filter function made from Ultramid® B3WGM24 HP, an extremely dimensionally stable polyamide (PA) from BASF. In motorcycle design, this component is called an airbox....
Evonik acquires Membrane Extraction Technology for its high-performance polymers business
03.03.2010 - Evonik Industries AG announced its acquisition of London based Membrane Extraction Technology (MET) Ltd. The transaction has been completed by March 1. The acquisition is an integral part of Evonik´s strategy to invest in attractive developing markets driven by the mega trend "Resource Efficiency"....
Bayer MaterialScience planning new world-scale TDI plant at Dormagen site
02.03.2010 - Bayer MaterialScience plans to invest roughly EUR 150 million in a new high-tech production plant for TDI (toluene diisocyanate) at Chempark Dormagen. TDI is a precursor for the production of polyurethane flexible foam. The new plant will have a capacity of 300,000 tons per year and will replace the...
Kuhne: Flat Film Division presents new direct PET extrusion line
02.03.2010 - "PET is the perfect thermoforming material as it is transparent, easily printable, has excellent mechanical properties and a keen price/performance ratio," says Stephan Halstrick, CEO of Kuhne GmbH with headquarters in Sankt Augustin/Germany. He is convinced that PET is the material of the future, which...
Borealis: With new Materials Moving to Mannheim
25.02.2010 - Pioneering low weight innovations for BMW and a cutting-edge material step change by VW will be among the production efficiency and environmentally-friendly focused developments presented by Borealis International Plastics in Automotive Engineering Congress. Glass reinforced polypropylene compounds...
Pallmann: Pulverizing, Coating, Mixing, and Defiberizing with the ConoMill® type PLK
24.02.2010 - The PALLMANN, ConoMill®, type PLK is used for pulverizing, mixing, homogenizing, coating and defiberizing of various materials in the food,- chemical,- mineral,- building material and plastic industry. Possible materials are, for example pigments, paints and resins, pharmaceutical product, primary products...
LyondellBasell Announces Settlement of Intercreditor Dispute
18.02.2010 - LyondellBasell Industries announced that an agreement has been reached that will help pave the way to LyondellBasell´s emergence from Chapter 11. The proposed agreement, which remains subject to court approval, final internal approval and final documentation, resolves objections by the Unsecured Creditor´s...
Lindner Resource: New technologies boost efficiency of plastics shredding
11.02.2010 - Lindner reSource GmbH in Grossbottwar/Germany has further developed its single shaft shredders from the "Vega" series, especially in terms of their application areas, high throughput capacities and optimal energy efficiency for shredding plastics. High availability under tough conditions The company´s...
DSM Composite Resins announces UPR price increase
08.02.2010 - DSM Composite Resins, Europe´s largest producer of Unsaturated Polyester Resins (UPR) is to introduce a price increase for its entire range of resins and gelcoat products. The price increase will be in the range of 9-12% depending on the specific products and raw material base, and becomes effective...
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