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Automation specialist TMA to become a member of the Engel Group

Automation specialist TMA to become a member of the Engel Group

Injection moulding machine manufacturer Engel Austria has acquired the majority interest in TMA Automation in Gdynia, Poland. This strategic investment sees Engel reinforce its leading position in the field of injection moulding process automation.

Joint venture in China

Joint venture in China

Fujian Highsun Engineering Plastics Co., Ltd and AKRO-PLASTIC GmbH establish joint venture in China

Sibur and Gazprom Neft to develop PP production in Omsk

Sibur and Gazprom Neft to develop PP production in Omsk

Sibur and Gazprom Neft have consolidated 100% of the authorised capital in Poliom, a polypropylene plant in Omsk. Sibgazpolimer, a joint venture of the two companies, has signed an agreement to acquire a 50% stake in Poliom from the Titan Group.

Arlanxeo's Keltan KSA opens flagship online Customer Self-Service Platform

Arlanxeo's Keltan KSA opens flagship online Customer Self-Service Platform

In 2018 Arlanxeo signed an agreement with Saudi Aramco to market and sell its share of Ethylene Propylene Diene rubbers (EPDM) produced in its Petro Rabigh joint-venture plant. Today, Arlanxeo launches its Keltan KSA Self-Service platform to serve its customers 24 hours a day, 7 days a week.

Covestro further strengthening of global TPU business

Covestro further strengthening of global TPU business

Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan. Covestro raises stake from 50% to 80%, the partnership with DIC Corporation continues. The Acquisition is a part of Covestro's global growth strategy.