Songwon Additive Technologies AG and Polysys Industries announced that they will establish a new company Polysys Additive Technologies ME, which will build an OPS (One Pack Systems) manufacturing plant in Kizad (Khalifa Industrial City of Abu Dhabi), Abu Dhabi. This follows the announcement of the establishment of Songwon Additive Technologies AG, a Joint Venture between Songwon Industrial Group, Pan Gulf Holding Company of Saudi Arabia and Polysys Industries of Abu Dhabi, for the manufacture and sale of Songnox OPS.
Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the Management Committee of OAO Gazprom, signed a legally binding basic agreement to swap assets of equivalent value.
TenCate Advanced Composites and BASF have entered into a strategic alliance to
cooperate on the development, production and commercialization of thermoplastic composite
materials suitable for high-volume vehicle production.
BASF and China Petroleum & Chemical Corporation (SINOPEC) have signed a Memorandum of Understanding (MoU) to further strengthen their cooperation by jointly exploring the possibility of building a world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China.
The agreement provides for the development of catalyst processes to produce renewable products.
During the 16th St. Petersburg International Economic Forum, Sibur, the Russia’s leading petrochemical company, and Linde AG (Germany), a world-leading gases and engineering company, entered into an agreement on design development for an ethylene cracker unit of ZapSibNeftekhim in Tobolsk, Tyumen Region.
The new eco PlasticT uses the already well known green plastic made from sugarcane.
China Lumena New Materials Corporation and DSM Engineering Plastics signed a framework agreement.
Total Petrochemicals announces that it has formed an exclusive alliance with Shaw’s Energy & Chemicals Group to jointly market and license Total Petrochemicals’ polystyrene technology on a worldwide basis.
To meet the specific needs of the Chinese market more effectively in future, the mould manufacturer Plastisud has joined forces with Engel Austria, the producer of injection moulding machines, to form a joint venture.
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