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 has successfully started up a new 320 KT per year Hostalen Advanced Cascade Process (ACP) high density polyethylene (HDPE) plant at Münchsmünster, Germany.
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.
Monolayer barrier blend providing oxygen ingress barrier to PET containers
DSM Engineering Plastics and Resinex sign distribution agreement to strengthen presence in Eastern European market.
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 appointed new chairman of BASF’s Board of Executive Directors.
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.
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.
German Engineering Federation (VDMA: Domestic plastics and rubber machinery sales fall less sharply than forecast but the market situation is still uncertain.
BASF has developed a fully biodegradable packaging system for its Interceptor insecticide-treated mosquito nets.
Motan, Colortronic and Colortronic Systems join forces and combine their sales organizations.
