Market of plastics and rubber machinery in Europe in 2009
Plastics and rubber machinery manufacturers in Europe: high expectations for production in 2008 - downturn in 2009
Market
News Plastech
Global partnership agreement between Rhodia and KCI
Rhodia and KCI have signed a global partnership agreement for marketing KCI`s polymers for conditioning performance in shampoo and shower gel formulations. KCI's recognized high quality Polyquaternium-10 product range will be marketed by Rhodia under the trade namePolycare.
Miroglio Group signs new Ingeo master licence agreement
Miroglio becomes the latest NatureWorks partner to sign a Master License Agreement (MLA) to supply fiber and yarns in Europe and beyond.
Biesterfeld acquires Milar
Biesterfeld acquires Polish Distributor for Specialty Chemicals Milar
Arkema strengthens its position in Asia
Arkema strengthens its position in Asia by doubling the production capacity of its Shanghai Hydrogen Peroxide plant.
Boom for German plastics and rubber machinery is over
Turning point reached following boom in orders for plastics and rubber machinery in the first half of 2008. After years of healthy growth rates and record output in 2007, the upward trend in German plastics and rubber machinery manufacturing seems to be over.
Huhtamaki may sell rigid plastic unit
Huhtamaki Oyj intends to focus on packaging operations where it has a competitive advantage, good market positions and which create value for Huhtamaki and its customers.
Agreement between Borealis and MCC
Borealis and MCC agree to improve PP compound supply for the automotive industry.
Moretto sets up Deutschland GmbH with Kraft
Effective as of 1 July 2008 Moretto Deutschland GmbH was established as a distribution and service organisation in Neunkirchen am Sand (near Nuremberg, Germany).
Interview with Andy Verheijden, Piotr Kwiecień and Boy Litjens from SABIC
SABIC is the Saudi Basic Industries Corporation, one of the world`s leading manufacturers of chemicals, fertilizers, plastics and metals. The company supplies these materials to other companies, who use them to make the products on which the world has come to depend. SABIC Innovative Plastics, launched in 2007, is a leading, global supplier of engineering thermoplastics with a 75-year history of breakthrough solutions that solve its customers` most pressing challenges. We publish the interview with Andy Verheijden (Growth Leader for Eastern Europe at SABIC Innovative Plastics, formerly GE Plastics), Piotr Kwiecień (Office Captain of SABIC Poland), and Boy Litjens (Chief Executive Officer and Chairman of the Managing Board of SABIC Europe).
PKN Orlen begins construction of the PTA Plant
In Wloclawek (Poland) the Presidents of PKN Orlen, Polimex-Mostostal and the City of Wloclawek together with representatives of Mitsubishi Chemical officially commenced the construction of a purified terephthalic acid plant (PTA). The installation, with an annual production capacity of 600,000 tonnes, will be operating on the premises of PKN Orlen adjacent to Anwil Wloclawek.
BASF confirms outlook for 2008 and presents longterm financial goal
At an analyst conference held in London, BASF has confirmed its outlook for 2008 despite signs of weakening growth in the chemical industry. For the current year, the company has revised its expectations for growth in global chemical production from 2.8 percent to 2.4 percent. For 2008, BASF is now assuming an average oil price (Brent) of $120 per barrel and an average exchange rate of $1.55 per euro.
