In 2011 La Seda de Barcelona (LSB) completed its financial and operational restructuring process successfully. After refinancing its debt with the banks and redefining its core business by focusing on the Plastic Packaging sector, LSB is now facing a growth strategy for 2012 to allow its consolidation as one of the European leaders in this field.
LyondellBasell today announced that Samsung Total Petrochemicals Co. Ltd., a joint venture of Samsung Group and Total S.A, has selected the Lupotech T process technology from LyondellBasell for its new 200 KT per-year low density polyethylene (LDPE) and ethyl vinyl acetate (EVA) copolymer plant in Daesan, South Korea. Start-up is projected for 2013.
Tetra Pak has inaugurated its new packaging material factory in Finland. The factory, located in the town of Imatra, with a planned capacity of 500 million packages per year, will expand Tetra Pak’s gable top capacity for Northern Europe.
Bayer MaterialScience can begin construction in Dormagen of a new world-scale plant for a key plastics precursor.
In February 2011, Borghi has broken ground on the construction of an addition to the Borghi factory.
ExxonMobil Yugen Kaisha (EMYK) announced that Japan Butyl Co. Ltd. (JBC) will expand the capacity of its halobutyl rubber manufacturing plant at Kashima to 80,000 tons per year. The expansion is planned to be completed in 2012.
The Klöckner Pentaplast Group announced today that it broke ground on January 18, 2012, for construction of its first manufacturing facility in China.
Roquette and Rhodia Acetow have signed a Joint Development Agreement (JDA) to develop new plant-based polymers.
Sumitomo Chemical announced that it held a groundbreaking ceremony and a celebration reception for the new solution styrene-butadiene rubber (S-SBR) manufacturing plant to be constructed in Singapore by its group company Sumitomo Chemical Asia PTE LTD.
Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the Group owns with Samsung as part of the Samsung Total Petrochemicals 50/50 joint venture.
Construction and installation of the second phase for the production of Sibur's Alphapor expandable polystyrene has been completed, and startup operations have commenced.
DSM is to make further investments in its Kaohsiung polymerization facility in Taiwan to upgrade and develop the company’s Specialty Polyamide capabilities for its Novamid and Akulon Polyamide engineering plastic business.
