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.
Investments
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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.
BASF commences its smart project in China
BASF officially launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants.
Milliken increases investment in Asia
Milliken & Company, recognized as a worldwide leader of plastic additives and colorants, announced today plans to construct a new, state-of-the-art chemical manufacturing plant and knowledge center in Asia.
BASF light stabilizers increase lifespan of floating solar panel systems
Pontoons for floating solar panel systems can last longer under intense sunlight, thanks to light stabilizers from BASF.
