Distribution agreement between DSM and Resinex
DSM Engineering Plastics and Resinex sign distribution agreement to strengthen presence in Eastern European market.
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DSM inaugurates new production facility for Stanyl Fortii
Royal DSM the global Life Sciences and Materials Sciences company headquartered in the Netherlands, has today inaugurated its new Stanyl ForTii Production Unit.
Kurt Bock is new BASF chairman
Kurt Bock appointed new chairman of BASF’s Board of Executive Directors.
Demand for German plastics and rubber machinery recovers
The outlook for plastics and rubber machinery has improved further. The final quarter of 2009 closed with orders for German machinery up by a nominal 35 per cent. October 2009 saw a resumption of demand growth for the first time since early 2008. This trend continued in the two months that followed.
Ineos wants to leave UK due to taxes
Polymers and petrochemicals group Ineos is considering a relocation of its headquarters and tax residence from the UK to Switzerland. It said potential cash tax savings would be €450m between now and 2014 if it went ahead with the move, which would need the consent of its lenders.
Economical downturn not so strong as expected
German Engineering Federation (VDMA: Domestic plastics and rubber machinery sales fall less sharply than forecast but the market situation is still uncertain.
Biodegradable packaging for Interceptor mosquito nets
BASF has developed a fully biodegradable packaging system for its Interceptor insecticide-treated mosquito nets.
Motan, Colortronic and Colortronic Systems: all three together
Motan, Colortronic and Colortronic Systems join forces and combine their sales organizations.
Sabic IP: price increase for technical thermoplastics
In letters sent out to its European clients, Sabic Innovative Plastics (Bergen op Zoom / The Netherlands) announced several price increases for its technical thermoplastics, effective 11 January 2010.
EU fines additive firms €173m for price fixing
The European Commission is fining a number of plastics additives producers, including Ciba, Elf Aquitaine and Baerlocher, €173.9m for price fixing and market sharing cartels.
Borealis simplifies distribution to automotive sector
Borealis announces changes in its distribution partnerships for automotive materials.
