Agreements
News Plastech

Songwon Additive Technologies AG and Polysys Industries announce the location of their Middle East plant

Songwon Additive Technologies AG and Polysys Industries announce the location of their Middle East plant

Songwon Additive Technologies AG and Polysys Industries announced that they will establish a new company Polysys Additive Technologies ME, which will build an OPS (One Pack Systems) manufacturing plant in Kizad (Khalifa Industrial City of Abu Dhabi), Abu Dhabi. This follows the announcement of the establishment of Songwon Additive Technologies AG, a Joint Venture between Songwon Industrial Group, Pan Gulf Holding Company of Saudi Arabia and Polysys Industries of Abu Dhabi, for the manufacture and sale of Songnox OPS.

BASF and Gazprom agree on asset swap

BASF and Gazprom agree on asset swap

Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the Management Committee of OAO Gazprom, signed a legally binding basic agreement to swap assets of equivalent value.

Sibur commences the design development for ZapSibNeftekhim

Sibur commences the design development for ZapSibNeftekhim

During the 16th St. Petersburg International Economic Forum, Sibur, the Russia’s leading petrochemical company, and Linde AG (Germany), a world-leading gases and engineering company, entered into an agreement on design development for an ethylene cracker unit of ZapSibNeftekhim in Tobolsk, Tyumen Region.