Borealis decision to discontinue PE project in Kazakhstan
Borealis will not proceed with the development of integrated steam cracker and polyethylene (PE) project in Kazakhstan, said the company.
Investments
News Plastech
thyssenkrupp to build a new polymer plant for Köksan in Turkey
thyssenkrupp’s plant engineering business has won a second order from the Turkish packaging producer Köksan for a new PET production plant. The plant will be built next to an existing production line erected in 2013.
Ineos and Plastic Energy to collaborate on new recycling facility
Waste plastic will be diverted from landfill, incineration and the environment. The project reaffirms Ineos’ commitment to the circular economy.
DOMO Chemicals to invest €12 million in new nylon plant in China
DOMO Chemicals, a leading producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China.
New Arburg Training Center - More space, more digitalisation
Friday, 6 March 2020 marked the opening ceremony of Arburg’s new Training Center at the company’s headquarters in Lossburg.
Stable credit outlook for European chemicals sector
Specialty chemicals suppliers are likely to face less pressure on their credit quality than integrated or bulk suppliers, which are exposed to more commoditised products. Credit quality could improve if economic growth does not slow too drastically.
Historic machine investment at Polykemi in Sweden
Although the business cycle was lower during the second half of 2019, Polykemi AB continues to deliver very positive results. A contributing factor is a new and highly efficient extruding line - the largest single machine investment so far.
Ineos Stryrolution invests in ABS plant in China
Ineos Styrolution, the global leader in styrenics, has announced today plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene plant in Ningbo.
Borealis to acquire NOVA Chemicals ownership interest in Novealis
Borealis AG and NOVA Chemicals Corporation today announced they have reached an agreement for Borealis to buy NOVA Chemicals’ 50% ownership interest in Novealis Holdings LLC.
Novares to start manufacturing in Russia
Novares has opened its first site in Russia, in Togliatti, home to the AvtoVAZ factory that produces Lada cars.
Hurmak Plastics Machinery invited to produce in Russia
Established 50 years ago, Turkish injection machine manufacturer, Hürmak Plastics Machinery was invited to engage in manufacturing in Russia.
Scanfill invests in a new production line
Packaging company Scanfill AB continues to invest. Now with the help of a brand new foil extruder, giving the company even more opportunities to produce efficient and recyclable material.
