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Rapid Granulator: IPEG sells Rapid Granulator to swedish Lifco AB
19.02.2015 - IPEG, Inc., Cranberry Township, PA, has announced the sale of the Rapid Granulator group of companies, to Lifco AB, a diversified public company headquartered in Enköping, Sweden. Other IPEG companies, including Conair, Republic Machine and Thermal Care, will not be impacted by the sale, officials say....
PlasticsEurope celebrates its 10th Anniversary
06.02.2015 - PlasticsEurope celebrated the 10th anniversary of its creation on 22nd January in Brussels with more than 150 guests including leading representatives from the world of politics, business, science, media along with PlasticsEurope’s members and employees. “Founded in 1976 as the Association of Plastics...
PlasticsEurope: European Plastics Industry continues its positive trend in 2014
03.02.2015 - The European plastics production continues its positive trend (+1.5%) in 2014 as a continuation of its recovery since 2013. The European plastics producers benefited from the recovery of its customers industries such as automotive sector, electrical appliances and construction; gaining momentum in the...
BASF to increase capacity for butanediol at its Geismar site
21.01.2015 - BASF will increase its production capacities for the chemical intermediate 1,4-butanediol (BDO) by 10% at its site in Geismar/Louisiana as of 2016. The company will then have a global capacity of BDO of 670,000 metric tons per year. Additionally, BASF looks into further measures to strengthen and to...
DuPont: "Vespel" turbocharger wastegate actuator guide bushings for more reliability and durability
16.01.2015 - A leading global supplier of innovative turbocharging systems has chosen "DuPont Vespel" bushings to improve the reliability and durability of its pneumatic wastegate actuators used in many turbocharger applications. According to DuPont the manufacturer selected this solution because the "Vespel" bushings...
Mold Hotrunner Solutions expands in Europe
09.01.2015 - MHS Mold Hotrunner Solutions Inc., headquartered in Canada, has recently launched a new subsidiary in Germany. MHS Heisskanaltechnik GmbH is located in the city of Würzburg in northern Bavaria. The European office is led by Dipl.–Ing. (FH) Hendrik Leidigkeit. From its new location, MHS will continue...
Corvaglia: Change in management in the Corvaglia Group
08.01.2015 - The Corvaglia Group, with around 250 employees at locations in Switzerland and Mexico, has grown rapidly over the course of the past few years. Company founder and owner Romeo Corvaglia began adapting internal structures early on in order to respond to the challenges posed by such growth. The Board...
DuPont: New Director for DuPont Packaging & Industrial Polymers for Europe, Middle East & Africa
08.01.2015 - Effective January 1st 2015, Raymond Palmen is appointed Director for DuPont Packaging & Industrial Polymers for the Europe, Middle East & Africa region. He takes over from Thomas Oury, who is moving on to DuPont Performance Polymers, as Regional Director EMEA. Raymond Palmen is a strategic growth...
Hexpol acquires US-Thermoplastic Compounder RheTech
06.01.2015 - Hexpol has signed an agreement to acquire RheTech Thermoplastic Compounding from the founders’ families. RheTech has close to 50 years’ experience of polymer compounding and is a leading provider of polyolefin compounds, engineered resins and multifunctional colorant and additives. "The acquisition...
LyondellBasell: Bhavesh V. "Bob" Patel named as new CEO
19.12.2014 - LyondellBasell yesterday announced that the Supervisory Board has appointed Bhavesh V. "Bob" Patel chief executive officer, effective January 12, 2015. Patel succeeds James L. Gallogly, who previously announced his plan to retire. "After a rigorous selection process, we chose Bob Patel based on his...
Norner: SCG Chemicals enters as a strategic investor
18.12.2014 - SCG Chemicals Co., Ltd. acquires 51% of the shares in the independent petrochemical institute Norner Holding AS from the current Norwegian owners. SCG Chemicals has entered into an agreement with the current owners, the private equity fund E&M and Norner employee shareholders, for this acquisition....
A. Schulman to double its masterbatch production capacity in Dongguan, China, to accommodate growing demand
11.12.2014 - A. Schulman, Inc. recently announced that it has added equipment in its manufacturing facility in Dongguan, China, to accommodate increasing demand in the Company´s Masterbatch Solutions business. This new production line, which the Company expects will ramp up in volume over the next several months,...
Vestolit: Acquisition by Mexichem is closed
09.12.2014 - On December 1st, 2014, the acquisition of Vestolit GmbH (Marl, Germany) by Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico) was closed after receiving all relevant regulatory approvals. The acquisition of Vestolit - one of the leading producers of PVC-Specialties in Europe - is supporting Mexichem’s...
Evonik increases prices for the product group „Vestamin”
08.12.2014 - Evonik Industries announced a global price increase for the product group „Vestamin” up to nine percent, effective January 1st, 2015. This increase will apply to all orders shipped on or after this date and as contracts allow. Evonik offers a broad range of products for the coatings, composites...
Kraiburg TPE invests in US location
04.12.2014 - Construction work on the new production and administration complex for Kraiburg TPE Americas in Buford, Georgia started at the end of November. The company is investing $15 million in a modern building that beginning in 2016 will accommodate TPE production and the hub of US business activities on a...
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