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Basell to acquire Huntsman for $25.25 per share
28.06.2007 - Basell (www.basell.com), the global leader in polyolefins’ technology, production and marketing, and Huntsman Corporation (NYSE: HUN), one of the world’s largest manufacturers and marketers of differentiated chemicals and pigments, announced today that they have signed a definitive agreement pursuant...
Erema: Expansion of premises, world premiere of VACUREMA PRIME and Open House
18.06.2007 - What started in 1983 with a vision and the founding of a small enterprise was recently bursting at the seams. EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H. (www.erema.at) in Upper Austria threw open its doors to celebrate the official opening of an extensive expansion project. On 10 May...
Arburg: Record turnover in the anniversary year 2006
13.06.2007 - For the fiscal year 2006, which was also the anniversary year “50 years of ARBURG injection moulding machines”, the consolidated turnover of Arburg GmbH + Co KG (www.arburg.com) and all national companies reached an historic peak: 363.4 million euros were achieved by the international Hehl Group. Of...
Battenfeld: Full order books at injection molding
29.05.2007 - The strategic and organizational realignment of the Austrian machine manufacturer BATTENFELD Kunststoffmaschinen Ges.m.b.H. (www.battenfeld-imt.com) has led to a significant upward trend in Kottingbrunn during the first quarter. “The first three months of this year have produced an extraordinarily...
DuPont: Cost-effective Packaging Materials for Performance and Shelf-Appeal
23.05.2007 - DuPont Packaging & Industrial Polymers (www.dupont.com) was presenting a range of cost-effective material solutions at the IFFA 2007 (5th-10th May 2007 in Frankfurt am Main, Germany), with a focus on both performance and shelf-appeal of packaged meat products. Following the recent introduction of super-tough...
SABIC to acquire GE Plastics for $11.6 billion
22.05.2007 - GE and SABIC (www.sabic.com) today announced that they had reached agreement for SABIC to acquire GE Plastics for a purchase price of $11.6 billion. Announcement of the acquisition was made by Jeff Immelt, Chairman and CEO of GE and Mohamed Al-Mady, Vice Chairman and CEO of SABIC. "As a global...
Rieter-Symposium: PET Direct Crystallization for Virgin and Recycling Applications
21.05.2007 - “PET Direct Crystallization for Virgin and Recycling Applications” is the title of this year’s Rieter Symposium (www.pelletizing.com) to be held on 21 and 22 June, 2007. In a coordinated program of ten focused presentations, well-known experts like Andrew Noone (Director PET Resin & Recycling Consulting...
Starlinger with increase in turnover in 2006-2007
20.04.2007 - The privately owned Viennese company with factory premises located in Weissenbach, Lower Austria, has been in the machinery business since 1835. As world market leader in machinery and complete plants for production of woven plastic sacks, with an export rate of over 99%, Starlinger & Co. Ges.m.b.H....
Arkema enhances its Evatane® product range
19.04.2007 - Following research and development work, Arkema plans to launch a new Evatane® grade combining high Vinyl Acetate content - 40% - and a low Melt Flow Index (MFI below 3). "These two parameters are difficult to combine. This new grade, blended with other products, will help produce a cable with sound...
Chemtura: Robert Wedinger Group President Performance Specialties
18.04.2007 - Chemtura Corporation (www.chemtura.com) has named Robert S. Wedinger to the position of Group President, Performance Specialties (Petroleum Additives, Urethanes, Polyurethane Dispersions, Fluorine, and Optical Monomers). Dr. Wedinger also serves as Chief of Staff, Chemtura Corporation. He joined...
Arburg: Official ground-breaking ceremony for new Customer Centre
12.04.2007 - Firm commitment to Lossburg production location/ Geothermal climate control technology On 28 March 2007, the official ground-breaking ceremony for the new Arburg Customer Centre (www.arburg.com) was held in Lossburg. At the heart of the new building will be a large show room, which offers sufficient...
Borealis announces record profits for 2006 and EUR 370 million investment in Sweden
23.03.2007 - Borealis (www.borealisgroup.com) announces record financial results for 2006, with a net profit of EUR 327 million, compared to EUR 226 million the year before, an increase of 45%. The result corresponds to a return on capital employed (ROCE) after tax of 17%, compared to 12% in 2005. Net interest-bearing...
Borealis: New DIN standards for water pressure pipes recognise PP-RCT
20.03.2007 - During 2006, the German standards for polypropylene (PP) pressure pipes have been revised. The designations PP-H100, PP-B80 and PP-R80 have been withdrawn as they did not reflect the required behaviour at elevated temperatures and were changed to PP-H, PP-B and PP-R. Also, pioneering PP-RCT has now...
Reimelt Henschel supplies a new production plant to J&A Plastics
15.03.2007 - J&A Plastics GmbH (Krefeld/Germany, www.j-a.de) an internationally active group of companies for custom-made compounds, has ordered a complete compounding line from Reimelt Henschel MischSysteme GmbH (www.reimelt-henschel.com) to expand their production capacity to 14.000 t/a in the future. Extensive...
Bayer MaterialScience raises prices for Apec ®, Makrolon®, Bayblend® and Makroblend® polycarbonates
02.03.2007 - Bayer MaterialScience AG (www.bayerbms.de) has increased sales prices for its Apec® and Makrolon® brands of polycarbonate by EUR 0.25 per kilogram, and for its Bayblend® and Makroblend® brands by EUR 0.20 per kilogram as of March 1, 2007. This applies to all deliveries in the EMEA region (Europe, Middle...
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