In Wloclawek (Poland) the Presidents of PKN Orlen, Polimex-Mostostal and the City of Wloclawek together with representatives of Mitsubishi Chemical officially commenced the construction of a purified terephthalic acid plant (PTA). The installation, with an annual production capacity of 600,000 tonnes, will be operating on the premises of PKN Orlen adjacent to Anwil Wloclawek.
The first ever Soudal plant in Poland is being constructed in Pionki, in the mazowieckie voivodship. The Belgian company is to invest 35 million PLN and intends to hire 100 persons.
SABIC is to build a new compounding plant in Genk, Belgium. The plant will have an initial production capacity of 110kt SABIC PP compound and 30kt of SABIC Stamax long glass fiber PP. It is expected to come on-stream at the beginning of 2010.
Equistar Chemicals, LP will stop producing low density polyethylene (LDPE) at its Pasadena, Texas, tubular process unit by the end of the year, parent company LyondellBasell Industries announced today. Production will shift to other sites.
LyondellBasell Industries has announced plans to expand its global polypropylene (PP) compounding capacity to 1.2 million tonnes per year by the end of 2009, which represents a growth rate of more than 30 percent.
BASF`s Crop Protection division continues to grow rapidly in the expanding markets of Central and South Eastern Europe. Over the past few years, the company has launched numerous proprietary products in the region. In 2008, seven innovative products for all crop segments will be introduced.
The current Dollar rate does not make US Business for European companies very easy. Watertown Plastics Inc. based in Connecticut (USA) together with its main customer Axilone - a well-known French manufacturer of cosmetic caps and closures - decided nevertheless to invest in Multi-injection technology from Billion. This strategic choice creates a transatlantic link to bring Know-how from Europe in the USA. The aim is to generate more added values.
In the beginning of May Podanfol one of the leading packaging companies at the polish market made another investment, which is very important to its industrial operations.
Innovative formulation technology now enables Teknor Apex Company to manufacture flexible vinyl compounds that reduce emission of volatile organic compounds (VOCs) by 80% or more in comparison with conventional counterparts, it was announced today by the company's Vinyl Division.
Rexam announced at interpack 2008 that has extended its product offering in Europe with the introduction of its line of plastic jars. The expansion addresses the growing demand for consumer-friendly jars while adding value for customers on store shelves.
BASF SE has announced plans for a significant expansion of its production plant for the biodegradable plastic Ecoflex at the company`s Ludwigshafen site. The move will raise Ecoflex production capacities from the current 14,000 by 60,000 metric tons per year. Production at the expanded plant will commence in the third quarter of 2010.
Oman-based Octal Holding and Co. SAOC will add 500,000 metric tons per annum (tpa) of production capacity in PET resins by May 2010, making it one of the world's largest polyester producers with 800,000 metric tons of annual capacity.
