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LyondellBasell: Definitive Agreement to Acquire PP Compounding Business of Zylog Plastalloys
30.11.2015 - LyondellBasell, one of the world´s largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd. (Zylog) of India. Upon completion of the acquisition, LyondellBasell...
BASF to expand compounding capacities for PA and PBT at the Schwarzheide site - Start-up planned for 2017
27.11.2015 - BASF is expanding the compounding capacities for engineering plastics in Europe. Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of "Ultramid” (PA: polyamide) and "Ultradur” (PBT: polybutylene terephthalate) at the Schwarzheide site, Germany. Around...
Trinseo: Price Increases for Polystyrene and ABS in Europe
06.11.2015 - Trinseo, a global materials company and manufacturer of plastics, latex and rubber, and its affiliate companies in Europe announced today price increases for all polystyrene (PS) and ABS grades. Effective immediately, or as existing contract terms allow, the November contract and spot prices for the...
Mondi Group signs agreement to acquire KSP
04.11.2015 - Mondi Group has signed an agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. and related interests ("KSP”). Established in 1973, KSP is a flexible packaging company specialised in the production of high-quality spouted and retort stand-up pouches for the food, pet food...
Amcor announces acquisition of Encon
29.10.2015 - Amcor recently announced the acquisition of privately owned Encon’s preform manufacturing business. The consideration payable will be US$55 million and the acquired business will form part of Amcor´s Rigid Plastics business group. Encon generates revenues of approximately US$110 million servicing...
Maag to acquire Gala Industries
20.10.2015 - Switzerland-based Maag, manufacturer of gear pumps, pelletizing systems, and filtration systems for demanding applications in the plastics, chemical, and petrochemical industries, has agreed to acquire US-based Gala Industries, Inc. Gala is a manufacturer of underwater pelletizing systems, centrifugal...
BASF lifts Force Majeure declaration for Polyamide 6.6 Compounds
30.09.2015 - BASF is lifting the Force Majeure (FM) declaration for polyamide 6.6 compounds ("Ultramid” A, "Capron” PA6.6) with immediate effect. The production problems in the hexamethylenediamine (HMD)-plant in Seal Sands (UK) are eliminated. Thus BASF is lifting the Force Majeure declaration for HMD, AH salt...
HRSflow opens new production plant in the United States
25.09.2015 - On September 23 this year, Italian hot runner specialist HRSflow officially put on stream its new US production facility in Byron Center near Grand Rapids, Michigan. More than 200 guests, the majority of them plastics processors and suppliers to the North American automobile manufacturers, took up the...
Euromap: New Presidency elected - Luciano Anceschi, Managing Director of the Tria Group, appointed President
15.09.2015 - At the general assembly held in Venice on 11 September 2015, representatives of the member firms of the European plastics and rubber machinery elected Presidency, General Secretary and Treasurer for the period 2015 to 2018: Luciano Anceschi, Tria, Cologno Monzese (President) Dr. Karlheinz Bourdon,...
BASF starts first MDI production in Chongqing
27.08.2015 - BASF has begun its first production of diphenylmethane diisocyanate (MDI) at its whollyowned site in Chongqing, China. Production will be ramped up gradually in line with market demand. MDI is an important component for polyurethanes – an extremely versatile plastics material that contributes towards...
PlasticsEurope appoints Leonor Garcia as Director of Public Affairs
21.08.2015 - PlasticsEurope, the pan-European association representing European plastics manufacturers, is announcing the appointment of Leonor Garcia as Director Public Affairs. She will take up her new position at PlasticsEurope as of 1 September 2015. Presently, she is Director Corporate Scientific and Regulatory...
LyondellBasell Announces Sale of Argentina-based Petroken
19.08.2015 - LyondellBasell, one of the world´s largest plastics, chemical and refining companies, recently announced that YPF S.A. and Grupo Inversor Petroquimica S.L. have accepted an offer to purchase LyondellBasell´s Argentina-based, wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken). The...
ProTec acquires PolymersNet
20.07.2015 - Effective from June 26, 2015, ProTec Polymer Processing has taken over PolymersNet GmbH. The company based in Lampertheim/Germany is specialized in design, construction, and commissioning of powerful systems for manufacturing of long-fiber reinforced thermoplastics (LFT) using the Pultrusion Technology....
DSM Engineering Plastics announces leadership change
03.07.2015 - Royal DSM recently announced Roeland Polet has been named Business Group Director DSM Engineering Plastics, succeeding Roelof Westerbeek. Roeland Polet joins DSM from the Valspar Company, where he most recently was Senior Vice President Global Industrial and Corporate Development, based in Minneapolis...
Starlinger: American Starlinger-Sahm, Inc. moves into new Headquarters
29.06.2015 - Beginning of June 2015 American Starlinger-Sahm, Inc. has completed the move into its new North American headquarters. Located in Fountain Inn, South Carolina, the facility comprises a total of 23,000 sq.ft. and consists of a machine exhibition area, spare parts warehouse, and office space. "North...
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