Bulgaria imposed eco - tax on plastics bags
Bulgarian Government is imposing a new eco-tax in July, adding to the cost of retail plastic carrier bags in a bid to phase out their use in the country.
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India imposed blanket ban on plastic bags
The local government of India’s capital, Delhi, has imposed a blanket ban on the manufacture, sale, storage and use of plastic bags in the capital city, starting 4 April.
Solvay wants to buy Rhodia
Belgian chemicals and plastics company Solvay has announced plans to acquire Rhodia in a deal valuing the French company at €3.4bn. Solvay is offering €31.60 for each Rhodia share in cash as part of a friendly deal. The new group will have sales of €12bn.
New PET recycling plant in France
APPE has invested €10m in increasing capacity at its PET recycling plant in Beaune, France, by 40%.
Gabriel Chemie doubled its production capacity
European masterbatch supplier Gabriel Chemie plans to double its production capacity in Russia during 2011.
Lanxess to expand global production network for high-tech plastics
Lanxess is expanding its global production network for high-tech plastics. The specialty chemical company broke ground today on a new compounding facility in the United States. Additionally, Lanxess and U.S. chemical company DuPont will double the capacity of their joint compounding facility in Hamm-Uentrop, Germany.
Husky to acquire leading closure mold maker KTW
Husky Injection Molding Systems today announced its intention to acquire KTW of Waidhofen, Austria, recognized as a global leader in closure mold making.
Global demand rising for plastic closures
In spite of the economic slowdown, global beverage closure demand has continued to grow, according to a report from UK beverage research company Canadean.
Borealis and Borouge team up with Teamobility AG to create new horizons in electric vehicle development
Borealis, a leading provider of chemical and innovative plastics solutions, and its joint-venture in the Middle East and Asia, Borouge, confirmed at K 2010 their plans to be key players in the development of a new generation of lightweight electric vehicles.
LyondellBasell starts up new Hostalen ACP HDPE plant in Germany
LyondellBasell has successfully started up a new 320 KT per year Hostalen Advanced Cascade Process (ACP) high density polyethylene (HDPE) plant at Münchsmünster, Germany.
BASF will invest in a dispersions plant in Huizhou, China.
With an annual capacity of 100,000 tons, the new plant will produce XSB dispersions for the paper industry and acrylic dispersions for industries such as coatings, construction, printing & packaging and adhesives.
OxyClear barrier resin obtained regulatory clearance for USA and Europe
Monolayer barrier blend providing oxygen ingress barrier to PET containers
