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LANXESS: On expansion course in India - Groundbreaking for high-tech plastics facilities
13.01.2011 - LANXESS is continuing the expansion of its Indian production site in Jhagadia, Gujarat state. The specialty chemicals group broke ground for new compounding facilities with an initial capacity of 20,000 metric tons per year. These facilities will start producing the high-tech plastics Durethan (polyamide)...
Morssinkhof Rymoplast bought back Egeria shares
11.01.2011 - Morssinkhof Rymoplast announced that the Morssinkhof family has bought back the shares owned by the Dutch private equity firm Egeria. Morssinkhof Rymoplast is a leading European mechanical recycler of plastics with a history of more than 50 years. In recent years, the company has substantially grown...
EPRO: Statistics 2009 - Plastic packaging recycling surpass 30 percent
21.12.2010 - EU27+2 recycled 4.6m tonnes (2008: 4.5m), 30.3% (29%) of all its plastic packaging in 2009, easily surpassing the EU´s minimum target of 22.5%, says the annual report Plastics - The Facts 2010. This report has been produced in partnership between PlasticsEurope, EuPC, EuPR and EPRO. Energy recovery...
Songwon Group announces a positive performance for Q3 2010
20.12.2010 - Songwon Group, a leading global supplier of additives and other chemicals to the plastic industry, announces sales revenues close to 140 Billion KRW and a net profit of KRW 7.23 Billion for the third Quarter of 2010. Compared to the second Quarter of 2010, sales were slightly up, with a positive price...
Gabriel-Chemie Group extends its activities in Russia
17.12.2010 - Gabriel-Chemie Group is represented in Russia by the limited liability company Gabrie-Chemie-Rus-2, which is a 100%-subsidiary of the Group with production facilities in Dorokhovo, Ruzsky rayon, approx. 80km in the southwest of Moscow, where the own products are made and with sales offices in Moscow...
Oerlikon Balzers takes over the German hartec Anlagenbau
16.12.2010 - Oerlikon Balzers will take over the hartec Group, which specializes in PVD coatings, from January 1, 2011 and thereby further expand its leading position in the global coatings market. "The acquisition of hartec, a pioneer in its field, means that we are expanding into environmentally friendly, decorative...
Borealis upgrades at Porvoo polyethylene plant support Borstar® PE product development
16.12.2010 - At yesterday’s meeting in Vienna, the Borealis Supervisory Board approved a EUR 17 million investment to upgrade one of its polyethylene plants in Porvoo, Finland. The project includes a new ethylene compressor as well as an upgrade of the monomer purification including all necessary auxiliary equipment....
Trevira: Klaus Holz to be new CEO
16.12.2010 - The start of the New Year will herald a change in leadership at the fibre manufacturer Trevira: As planned for some time, Uwe Wöhner is relinquishing his position as CEO of Trevira at the end of the year, for private reasons. The baton will be taken up by Klaus Holz, the longstanding Head of Corporate...
Erema: 38 million Euros contract volume within 12 weeks
15.12.2010 - The Upper Austrian company EREMA Engineering Recycling Maschinen und Anlagenbau Ges.m.b.H. looks back on a highly successful time both leading up to and at the K trade fair. The trend of a rapidly increasing volume of order intake that began before the trade fair has continued relentlessly. And the...
LANXESS increases prices for iron oxides
15.12.2010 - Subject to existing contracts, specialty chemicals group LANXESS is increasing its prices worldwide for iron oxide pigments by at least Euro 110 (or local currency equivalent) per metric ton, with immediate effect. The Inorganic Pigments business cites the continuation of elevated raw material,...
DSM announces price increase for its complete Unsaturated Polyester/Vinyl ester resin portfolio
14.12.2010 - DSM Composite Resins, a global leader in Unsaturated Polyester Resins (UPR), is increasing the price of its complete portfolio of resins produced and sold as from January 10th 2011. Due to increased raw materials cost and higher feed stock prices, the price of DSM Composite Resins’s Unsaturated Polyester...
Mold-Masters: Hot Runner Specialist appoints William Barker as CEO
10.12.2010 - Mold-Masters®, a global leader in hot runner technology, recently announced that William (Bill) Barker has joined the company, effective December 6, 2010, as Chief Executive Officer of the Mold-Masters Group of Companies. Mr. Barker brings over 20 years of experience as a CEO/General Manager of high...
DSM Engineering Plastics: Global price increase for Akulon PA compounds
08.12.2010 - DSM has announced its intention to increase prices for its Akulon® PA6 and PA66 compounds. This increase, which will be effective immediately, is to offset continued escalations in the costs of key raw materials. While DSM Engineering Plastics continues to pursue and implement cost savings initiatives...
SABIC: State-of-the-art polyolefin logistics centre reinforces SABIC’s long-term commitment to serving its UK customers
03.12.2010 - Saudi Basic Industries Corporation (SABIC), one of the world’s top six petrochemical companies, officially opened – 22nd of November – its state-of-the-art polyolefin logistics centre in north-east England, which is replacing SABIC’s current logistics centre in the UK. Located in Middlesbrough, Cleveland,...
Purac develops a PLA compound with engineering plastics properties
01.12.2010 - Purac has developed a PLA compound with heat stability and impact strength comparable to ABS. This material utilizes stereo-complex technology which is based on Purac’s L-Lactide and D-Lactide monomers for the second generation PLA. The new PLA compound performs at a comparable level to ABS in injection...
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