Velox, the Hamburg-based distributor of raw material specialities, acquires the composites business of the Belgian Azelis Group. At the time of acquisition this Azelis business area comprises some 50 employees in 12 European countries and reports turnover of around € 50 million.
Azelis has announced, in line with its strategy to focus on specialty chemicals and ingredients, the sale of the Thermoplastic Polymers Business Area within the Azelis Group to Gazechim Plastics who has acquired this business.
Effective June 29, 2012 the reconditioning subsidiary of Mauser, NCG has acquired 51 percent of the shares in Container Solutions South Africa, the leading reconditioning company in South Africa.
Elasto Müller Kunststoffe, the TPE division of Hexpol, is pleased to announce they have agreed a deal to take over the business activities of European Plastic Sealants (EPS) based in Sottrum, Germany from 1 July 2012.
BASF announced that it has acquired the polyamide (PA) polymer business of the Mazzaferro Group, Brazil and is hereby further strengthening its position with regard to engineering plastics and polyamide polymers in South America.
BASF has purchased the PET foam business of the Italian company B.C. Foam S.p.A., headquartered in Volpiano.
Sibur has completed a deal to acquire 50% of the chartered capital of Biaxplen LLC, one of the largest Russian manufacturers of biaxially oriented polypropylene film (BOPP).
By 31/03/2012,the worldwide operating Nordenia Group will have sold the business area FIBC (Flexible Intermediate Bulk Containers) and Liners within the framework of a management buyout.
OHL Engineering GmbH PET Recycling Technologies, a subsidiary of Schoeller, Pullach near Munich, has taken over the operative business of the Mann+Hummel subsidiary ProTec, with headquarters in Bensheim.
Skanem Group partners with the Indian labeling company Interlabels in order to take part in a growing market in South Asia.
Solvay and Wienerberger announced that they have signed a binding agreement for the sale of Solvay’s 50% stake in Pipelife, one of the world's leading suppliers of plastic pipe systems, to Wienerberger.
Mauser Group, a worldwide leading company in industrial packaging, has announced the acquisition of Varicon Solutions in North America.
