KraussMaffei and LG Electronics sign cooperation agreement
LG Electronics (Pyeongtaek-si, Korea) and KraussMaffei have agreed to work together to drive technological development in plastics processing for electronics devices.
Agreements
News Plastech
Alliance between A&R Carton GmbH and Krones
Packers and packages have to be optimally matched to each other in order to achieve the best possible quality and to maximise machine performance.
Braskem and Basf announce agreement to set up acrylic complex in Brazil
Braskem will supply propylene and other inputs to the project in Bahia, which will receive investments of over US$750 million.
EuCIA, EuPC and ECRC sign memorandum of understanding
EuCIA, EuPC and ECRC sign memorandum of understanding leading European industry organisations pledge to foster cooperation on Composite Recycling and Sustainability.
Toray, Gevo team up for 100% biobased PET
Using paraxylene (PX) derived from ethanol-based isobutanol, Gevo Inc. (Englewood, CO) and Toray Industries collaborated on fully biobased polyethylene terephthalate (PET).
Brenntag achieves strategic market entry in China
Brenntag acquires in two steps Zhong Yung (International) Chemical Ltd, a chemical distributor with expected sales of EUR 255 million in 2011.
Mauser NCG acquires majority shares of Italian IBC reconditioner
Mauser’s reconditioning subsidiary National Container Group (NCG) acquired the majority shares of the Italian company Maider IBC, a leading reconditioner of IBCs.
PetroChina and Ineos complete transaction
PetroChina and Ineos complete transaction to form trading and refining joint ventures related to the refining operations in Grangemouth and Lavéra.
RusVinyl finalizes the EUR750 million project
Today, within the framework of Saint Petersburg International Economic Forum, Russia’s main platform for international economic cooperation, RusVinyl LLC signed a multifacility loan agreement for an amount of €750 million for a period of up to 12,5 years to finance the construction of Russia’s biggest integrated polyvinyl chloride (PVC) plant with capacities of 330 kt/y in Kstovo, Nizhny Novgorod region.
Coperion: news service centre for the Middle East
Coperion has now strengthened its presence in the Middle East. Coperion Middle East, a joint venture between Coperion and the Saudi Arabian company Golden Wing, extends Coperion’s world-wide service network by an additional service centre.
Agreement between SABIC and Montefibre
SABIC signs agreement with Montefibre for fully integrated carbon fiber project in Saudi Arabia.
Solvay announces marketing partnership in biomedical fabrics
Solvay Advanced Polymers with Secant Medical have formed a marketing partnership to promote the development and production of implantable biomedical fabric structures made of Zeniva PEEK (polyetheretherketone) fiber.