Asia is booming in packaging
China has developed into a global super power with giant strides. According to estimates of the German professional association VDMA Chinese machinery manufacturers took the lead for the first time in 2009.
China has developed into a global super power with giant strides. According to estimates of the German professional association VDMA Chinese machinery manufacturers took the lead for the first time in 2009.
Size reduction technology specialist Pallmann Group reports very strong growth for 2010.
Two former German Freudenberg and Rethmann recycling companies announced a joint venture "First PET" enterprise, specialized recycling PET beverage bottles.
After the deep recession in 2009, the German plastics industry is recovering strongly.
German plastics and rubber machinery manufacturers have recovered from the economic crisis more quickly and decisively than anticipated a year ago.
In 2010, PKN ORLEN (Poland) posted the best operating and net profits in five years, as well as the highest ever total sales volumes. The Company was consistently reducing its debt, while keeping the ratios required under its loan agreements at safe levels.
INEOS is offered $1 billion by PetroChina for a 50% share in its European refining business.
Frost & Sullivan’s unique ongoing research programme identifies, defines and evaluates Megatrends and their future implications for a range of business and markets, including the chemicals and materials industry.
Singapore-based petrochemicals group Indorama plans to invest more than €437m in a joint venture project to construct a 400,000 tpa polyethylene production plant in Uzbekistan.
Rhodia déclare Force Majeure on its HMDA and downstream products.
Things are looking up again for the plastics and rubber industry in Russia. Interplastica 2011 characterised by positive market developments/20,000 trade visitors very interested in international vendors
Upakovka/Upak Italia 2011: The Russian packaging market is gaining noticeable momentum.