Engel is extending its sales base in Mumbai to include a technical centre and a seminar centre. In making the investment, the manufacturer of injection moulding machines and automation specialist is addressing the rising demands on plastics processing companies in India.
Braskem will supply propylene and other inputs to the project in Bahia, which will receive investments of over US$750 million.
Chemtura Corporation has announced the next stage of its plan to increase output of its Synton line of high-viscosity polyalphaolefin (HVPAO) synthetic basestocks.
BASF will substantially expand the production plant for the insulation material Styrodur C at the Ludwigshafen site in Germany. This will increase the production capacity of the extruded polystyrene rigid foam panels (XPS) from the current 1.3 million m³ by an additional 220,000 m³.
Russian petrochemicals giant Sibur Holding has consolidated production of acrylic acid and its derivatives in the country and surrounding former Soviet states with its purchase of JSC Acrylate of Dzerzhinsk, Russia.
Indorama Ventures to invest in new Thai recycling plant and high technology business in Thailand and Indonesia.
One of the largest plastics recycling companies in UK, Luxus has invested half a million pounds in a new plastics processing line to deliver 8,000 tonnes of compound a year using 100 % recycled materials.
Huntsman Corporation has announced that it has signed a licence agreement with Chinese chemicals manufacturer Yantai Wanhua Polyurethanes Co., Ltd, for the production of Propylene Oxide (PO) and Methyl Tertiary Butyl Ether (MTBE) – a co-product of PO. The financial terms of the arrangement were not disclosed.
Russian petrochemicals producer Gazprom Neftekhim Salavat (GNS) plans to invest € 3.5 bn in a petrochemicals expansion at its site in Salavat, Bashkortostan, Russia.
Indian firm to open largest film line in the US.
NatureWorks LLC announced a major capital investment project at its Blair, Neb., manufacturing facility for the production of new grades of high-performance Ingeo biopolymers as well as a new generation of lactide intermediates. Samples of the new polymers and lactide intermediates will be available next year with commercial sales commencing by 2013.
Never in the history of Russian manufacturing have so many milestones been achieved in one project.
