Clariant begins construction of flame retardants production facility in China
Approximately CHF 60 million investment to significantly expand production capacity of Clariant’s Exolit OP range of flame retardants
Investments
News Plastech
Perstorp increases TMP production capacity
Perstorp, the world leader in the production of Trimethylolpropane (TMP), has ramped up the capacity to meet growing demand from the European market.
Piovan acquires 100% of the American leader IPEG further strengthening its global leadership
The Italian Piovan Group acquires the American IPEG, creating the global leader, with a turn-over of almost half a billion euro, in the field of industrial automation for the processing of virgin and recycled polymers and bioresins. Closing expected within the first quarter of 2022.
R&P Polyplastic in 2021 invested more than 140 thousand € in the development of its R&D Center
The laboratory base of the R&D Center was recently updated by new equipment. One of the main acquisitions was a Shimadzu universal testing machine of a desktop type with an increased traverse travel for carrying out physical and mechanical tests of various materials. The equipment was installed in November.
Investments at SAX Polymers
SAX Polymers Industrie GmbH is currently building a new production hall with an area of 1,800 m² within the Plastoplan facilities in Vienna.
Repsol to expand its industrial complex in Sines to make it one of the most advanced in Europe
Repsol will build two polymer materials plants at its Sines Industrial Complex (Portugal), representing the largest industrial investment in Portugal in the last ten years, at €657 million. The new materials produced are 100% recyclable, like the rest of Repsol's polyolefins.
Aramco closes $12.4 billion infrastructure deal with global investor consortium
Aramco and an international investor consortium, including EIG and Mubadala, announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.
Polykemi Group expanding production in China
Polykemi Group is continuing its international growth journey. While also investing in the USA, Polykemi AB is opening another production unit in China. The production is due to start up as early as in 2022.
Increased production capabilities thanks to new plant in Poland
Congratulations to our Polish colleagues. The new production facility in the Wroclaw area in Poland is now fully operating. While hubergroup has been operating a mixing station in Poland since 1992, the Polish branch was now expanded to a production site thanks to its good development.
Polykemi Inc opens own plant in Gastonia, North Carolina
Polykemi Group is investing almost 10 million Euro in its own plant in the United States. That is the greatest single investment in the Group’s history. The goal is to launch production of plastic compounds as early as 2022.
Alpla UK to focus on regional PET recyclate
Alpla UK, a subsidiary of the Alpla Group, a leading plastic packaging company, will henceforth be cooperating with the British waste management company Biffa. With this collaboration, Alpla will increase the proportion of British recyclate used in the United Kingdom to manufacture packaging for home care products.
ALPLA Group: 50 million euros a year for recycling
Expansion and globalisation of recycling activities to be expedited between now and 2025
