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Vinyl Foundation: Michael Kundel new president
07.01.2010 - On 15 December 2009, the Vinyl Foundation board elected Michael Kundel (Photo) as its new President. Michael is CEO of RENOLIT AG, a major PVC converter active in the film and sheet markets. He succeeds Joachim Eckstein who, as planned, handed the seat over to another board member on a rotational basis....
Plastinum: New production line in Emmen
07.01.2010 - Plastinum Polymer Technologies B.V., the municipality of Emmen, N.V. NOM and Emmtec Services B.V. held a joint press conference to announce that Plastinum has opened a new production line for the recycling of post consumer mixed plastic household waste. The opening will generate production capacity...
Quadrant: Specified material for BMW Z4 underbody shielding and wheel arch lining
06.01.2010 - Underbody shielding manufactured by Takeo Automotive Systems and made of SymaLITE® from Quadrant Plastics Composites has now been specified for the BMW Z4 (Photo). The lightweight shielding covers a significant part of the car’s underbody, resulting in an enhancement of its aerodynamics and a more comfortable,...
LyondellBasell to Increase Prices on its PE and PP Products in Europe
04.01.2010 - Effective January 1, LyondellBasell Industries has increased prices on all of its polyethylene and on all of its polypropylene grades by €100 per tonne in Europe. "Escalating feedstock costs have necessitated this price increase," said Anton de Vries, LyondellBasell’s president of Europe, Asia and...
Trevira insolvency: Financing of business operation secured
04.01.2010 - Financing of the transfer of business of the insolvent Trevira Group is secured. This means that continuation of production at all locations is guaranteed in the long term, in good time for the turn of the year and the scheduled transfer of business. “For us this is an important start signal into a...
Gurit: Closing of acquisition of Chinese Suzhou Red Maple Wind Blade Mould
04.01.2010 - Gurit, a leading developer and manufacturer of high-end composite materials and technologies, has closed the transaction announced on December 8, 2009, to acquire Suzhou Red Maple Wind Blade Mould Co. Ltd., Taicang, Jiangsu China, on December 18, 2009 by taking over the entirety of its parent company...
BASF: Name change for Elastogran companies
23.12.2009 - Following the introduction of the BASF corporate brand for European polyurethane sites, the next step is to change the names of Elastogran companies. For instance, Elastogran GmbH with its head offices in Lemförde will be called BASF Polyurethanes GmbH from now on. This is in keeping with a system already...
Celanese Acquires Long-fiber Thermoplastics Business of FACT
23.12.2009 - Celanese Corporation (NYSE: CE), a leading, global chemical company, recently announced the acquisition of the long-fiber reinforced thermoplastics (LFT) business of FACT GmbH (Future Advanced Composites Technology) of Kaiserslautern, Germany, a business unit of The Ravago Group. Completion of the...
RadiciGroup Plastics explores new business opportunities in the NAFTA market
23.12.2009 - As part of its strategy to strengthen its manufacturing and marketing presence in the NAFTA market, RadiciGroup Plastics has confirmed that it has entered into a “stalking horse” Asset Purchase Agreement to acquire the American compounder MDE, subject to a Section 363 bankruptcy auction. The Group is...
Borealis to exit rotomoulding business
22.12.2009 - Borealis, a leading provider of chemical and innovative plastics solutions, has announced its decision to withdraw all activities for the rotomoulding sector by March 31, 2010. Borealis has been committed to the rotomoulding market for many years, introducing leading rotomoulding products under its...
Erema: VACUREMA rPET approved by FDA for the packaging of frozen ready-prepared foods
18.12.2009 - Additional possibilities for recycled PET (rPET) from EREMA´s VACUREMA range of plastics recycling systems have been created by the current extension of FDA approval) in this field. Previously, rPET made with these systems had been approved for the FDA application categories "C" to "G", and category...
Rieter sells nonwovens activities to Andritz
18.12.2009 - On December 11, 2009 Rieter signed a contract with the international technology group Andritz, based in Graz, Austria, for the sale of the French company Rieter Perfojet S.A.S, a wholly owned subsidiary of the Rieter Group. This divestment is being made in the context of focusing on core activities...
BASF + ContiTech: First plastic transmission cross beam
16.12.2009 - New applications for lightweight components are constantly being found in the automotive sector. For the first time, a transmission cross beam (Photo) has been manufactured of the plastic polyamide and used as standard in the new BMW 5 Series Gran Turismo 550i. By choosing Ultramid® A3WG10 CR instead...
Balda: With new strategy on the road to success
15.12.2009 - Balda is free of short-term bank liabilities after repayment. Construction of new plant in Beijing is making rapid progress. Malaysia subsidiary receives new orders. Against the background of the new sales campaign launched by the new management board, the recent strategic direction of Balda AG,...
European Bioplastics: Bioplastics are developing successfully
15.12.2009 - The industry conference on bioplastics hosted by the European Bioplastics Association took place on the 10th and 11th of November 2009. With 380 visitors the 4th European Bioplastics Conference has confirmed the event´s status as the leading congress of bioplastics professionals in Europe. Despite the...
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