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Kreyenborg Plant Technology GmbH & Co. KG appoints Andreas Holt as Managing Director
13.04.2012 - As of February 1st, 2012 Mr. Andreas Holt has been appointed as managing director of Kreyenborg Plant Technology GmbH & Co. KG. Andreas Holt will be responsible for the operational business, announced the company. Andreas Holt studied mechanical engineering in Paderborn with focus on plastics and...
Lanxess: Rhein Chemie acquires U.S. bladder producer TCB
20.03.2012 - Lanxess is strengthening its position as a premium supplier to the tire industry. The specialty chemicals company’s wholly-owned subsidiary Rhein Chemie has acquired USA-based Tire Curing Bladders LLC (TCB) - a leading manufacturer of bladders for the tire industry. Financial details were not disclosed....
BASF to increase prices for propionic acid in Europe
19.03.2012 - With immediate effect, or as existing contracts permit, BASF will increase its European selling prices for propionic acid by 120 €/mt. BASF is a leading supplier of propionic acid. The major application of the organic acid is feed grain preservation. It is also widely used in the production of pharmaceuticals,...
EuPC: Plastics converters under raw materials cost pressure
16.03.2012 - Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry´s Brussels based body. ´There has been a sharp upswing in prices across the board for most polymers, commodity and engineering, and this is both seriously compromising processors...
Borealis announces changes in its Supervisory Board
28.02.2012 - Borealis, a leading provider of chemical and innovative plastics solutions, announces the following changes in its Supervisory Board: Borealis is pleased to announce that H.E. Khadem Al Qubaisi, Managing Director of the International Petroleum Investment Company (IPIC) and Chairman of the Board of...
profine: Manufacturer of PVC-U profiles tightens up management
27.02.2012 - profine GmbH, a leading manufacturer of PVC-U profiles for windows and doors, is tightening up its management. The management board will be reduced from five to three members. The decision was passed by the company´s supervisory board. Achim Judt and Albrecht P Lange are leaving the company following...
DSM Engineering Plastics global HQ has moved to Asia
16.02.2012 - DSM Engineering Plastics announced that its global headquarters have moved to Singapore. The Company, which has development, sales and manufacturing facilities located in The Netherlands, USA, Japan, China, Taiwan, India, Belgium and Russia has moved a number of its key functions to Asia in order to...
Lanxess invests EUR 20 million in aromatics network
14.02.2012 - Specialty chemicals company Lanxess is expanding cresol production at the Leverkusen site once again. It plans to further increase capacity for this high-quality intermediate for the global market by some 20 percent by mid 2013. Among other applications, cresols are widely used in the manufacture of...
LyondellBasell grants its largest Hostalen ACP process license to Chinese company
07.02.2012 - LyondellBasell (NYSE: LYB) recently announced that it has granted a Hostalen ACP process technology license to Shaanxi Yanchang Petroleum Yanan Energy and Chemical Co., Ltd. Start-up for this new HDPE plant in the Chinese Shaanxi province is scheduled for 2014. “This is the largest capacity Hostalen...
EuPC: Two new plastics groups for technical parts in Europe
03.02.2012 - Because the volume of EU legislation affecting technical parts manufacturers is increasing, EuPC, the Brussels based trade group for plastics converters, has found it necessary to set up two new Groups to respond to the threat. More than 80% of industry roadmaps & legislation is European and are affecting...
Eastman to acquire Solutia
30.01.2012 - Chemical Company (NYSE:EMN) and Solutia Inc. (NYSE:SOA) recently (2012, Jan 27) announced that they have entered into a definitive agreement, under which Eastman will acquire Solutia, a global leader in performance materials and specialty chemicals. Under the terms of the agreement, Solutia stockholders...
Engel: Hubertus Schulte named new CTO
18.01.2012 - With effect from 1st January, Dr. Hubertus Schulte (50) took over the responsibility for technology and production within the management team (CTO, Chief Technology Officer) of Engel Austria. Hubertus Schulte brings more than 20 years of international experience in plastics processing machines to the...
Ashland to increase UPRs and gelcoats prices for EMEA
17.01.2012 - Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH), is increasing the prices of its Unsaturated Polyester Resins (UPRs) and gelcoats portfolio sold in Europe, the Middle East and Africa (EMEA) by 100 euros per ton effective February 1, 2012, or at the earliest possible time...
Arkema: Price increase of Evatane® EVA copolymers
16.01.2012 - Arkema announced an 80 €/MT price increase across its Evatane® range (High Content Ethylene Vinyl Acetate Copolymers) effective February 1st 2012. This price increase has become necessary as the cost of raw materials is again rising in January 2012 whereas EVA market prices seriously deteriorated...
Borealis increases polyethylene and polypropylene prices
09.01.2012 - Borealis, a leading provider of chemical and innovative plastics solutions, announced a price increase by EUR 100/tonne for all polyethylene and polypropylene types for January, 2012. “This decision to increase prices reflects our assumptions on the economic development and it´s necessary for the...
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