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Borouge further expands capabilities in China

Borouge further expands capabilities in China

Borouge, a joint-venture between the Abu Dhabi National Oil Company, one of the world’s major oil companies, and Borealis, a leading provider of chemical and innovative plastics solution, is expanding its marketing, sales and innovation capabilities in Guangzhou and Shanghai, China.

Plastics and rubber machinery manufacturers in Europe in 2010

Plastics and rubber machinery manufacturers in Europe in 2010

- The slowdown in 2009 which Europe’s plastics and rubber equipment manufacturers had predicted turned out to be a deep slump and hit the branch much more than it expected one year ago - said Bernhard Merki, President of Euromap, Europe’s association for plastics and rubber machinery manufacturers.

Borealis opens its new headquarters

Borealis opens its new headquarters

Borealis, a leading provider of chemical and innovative plastics solutions has inaugurated its international Innovation Headquarters in Linz, Austria. This event is the culmination of approximately one and a half years of construction and a total investment volume of EUR 50 million.

Polyolefins congress highlights key industry issues

Polyolefins congress highlights key industry issues

Key business and technology issues facing the polyethylene and polypropylene supply chains got a good airing at the PEPP 2009 global congress on polyolefins organized by Maack Business Services in Zurich in October.

Evonik Finalizes Sale of AlzChem Group

Evonik Finalizes Sale of AlzChem Group

Germany-based Evonik Industries has finalized the sale of the AlzChem Group to the Luxembourg-based private equity fund bluO. The deal was closed on October 27, 2009, after it was approved by the boards and the relevant antitrust authorities. Less debts, the cash sale price amounts to €78.5 million.