Joint venture - news on Plastech

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.


The Wittmann Group takes up a stake in ICE-flex

The Wittmann Group takes up a stake in ICE-flex

Effective September 17th 2018, the Wittmann group has entered into a joint venture with the MES producer ICE-flex. With this move, Wittmann has taken another step to offer its customers optimal solutions as an extension of Wittmann 4.0.


VinyLoop closed PVC recycling project in Italy

VinyLoop closed PVC recycling project in Italy

PVC recycling project VinyLoop in Ferrara, Italy, which was started in 2002, ceases operations, according to a brief statement from the company dated 28 June 2018, said the company.


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