Biesterfeld acquires Milar
Biesterfeld acquires Polish Distributor for Specialty Chemicals Milar
Biesterfeld acquires Polish Distributor for Specialty Chemicals Milar
Arkema strengthens its position in Asia by doubling the production capacity of its Shanghai Hydrogen Peroxide plant.
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 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.
Borealis and MCC agree to improve PP compound supply for the automotive industry.
Effective as of 1 July 2008 Moretto Deutschland GmbH was established as a distribution and service organisation in Neunkirchen am Sand (near Nuremberg, Germany).
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).
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.
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.
With 150 million Euro, the three Engel Deutschland sites have booked their highest turnover of all ages. This actually means an increase of 70% over a period of five years.
BASF`s Crop Protection division continues to grow rapidly in the expanding markets of Central and South Eastern Europe. Over the past few years, the company has launched numerous proprietary products in the region. In 2008, seven innovative products for all crop segments will be introduced.
Erema, the Austrian manufacturer of plastic recycling systems, ended its 2007/2008 fiscal year on 31 March this year, once again with record turnover figures. The figure for consolidated turnover achieved by the Erema Group, comprising Erema Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Ansfelden with its subsidiaries Erema North America Inc., located in Ipswich/MA, and 3S-GmbH in Roitham, reached EUR 102.4 million for the period from 1 April 2007 to 31 March 2008.