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.
Agreements
News Plastech
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.
Joint venture between Rhodia and SIBUR
Rhodia and SIBUR have signed a letter of intent to create a joint venture in specialty surfactants.
Wittmann Battenfeld Italia will supply the complete range of the Wittmann Group
Battenfeld Italia and will supply as of July the complete Wittmann Battenfeld range of plastics processing machines and equipment into the Italian market.
Collaboration between Elevance Renewable Sciences and Royal DSM
Elevance Renewable Sciences and Royal DSM announce collaboration for bio-based specialty thermoplastic materials
Chen Hsong collaborates with Mitsubishi
Chen Hsong Holdings Limited License Agreement signed with Mitsubishi Heavy Industries Plastic Technology Co., Ltd.
DSM Dyneema appoints Gruschwitz GMBH Tech-Twists as premium distribution partner
DSM Dyneema has formed a partnership with gruschwitz gmbh Tech-Twists in which they become a Premium Distribution Partner for UHMWPE fiber manufactured by DSM Dyneema.
