In ligh of high overcapacities and low margins in some regions, BASF is focusing its global Styropor (EPS: expandable polystyrene) activities on strategic markets and core products with better profitability.
PolyOne expands innovation centers for increased customer collaboration and development
At the beginning of 2012, motan-colortronic ag, Hunzenschwil, Switzerland, secured a prestigious order worth millions (of Euros) from a customer in Colombia. Iberplast S.A., with its headquarters in Bogotá, had started a substantial modernising project in 2011.
Gruppo Mossi & Ghisolfi (M&G Group), leading producer of PET for packaging applications in the Americas and the market's technological leader, announces that it has purchased the land in Corpus Christi, Texas where it will build its one million tons per year PET plant (2.2 billion pounds) and accompanying 1.2 million tons per year (2.6 billion pounds) PTA plant.
According to McKinsey's report released in June 2012, the world's economy center is shifting eastward by 140km per year from year 2000-2010. The anticipated economic growth of 47% from 2010 to 2025 comes from 440 cities in developing countries, among which half of them belong to China.
Saudi ArabiaSaudi Basic Industries Corporation (SABIC) and affiliates of ExxonMobil have announced they will construct a world-scale specialty elastomers facility at the Al-Jubail Petrochemical Company (Kemya) manufacturing joint venture.
The evolution of supply and demand for self-adhesive labels is not just a matter of collecting and interpreting industry statistics and quantitative indicators.
The new R$1 billion plant will serve clients in sectors of strategic importance to the country's development, such as home building, basic sanitation and infrastructure.
The Dow Chemical Company said that it has begun production in Thailand for Enlight Polyolefin Encapsulant Films for use in photovoltaic solar panels.
Azelis has announced, in line with its strategy to focus on specialty chemicals and ingredients, the sale of the Thermoplastic Polymers Business Area within the Azelis Group to Gazechim Plastics who has acquired this business.
Husky Injection Molding Systems has announced additional investments to support its continued growth in China with plans to establish a new manufacturing facility in the region of Suzhou.
Petcore and EuPR has announced that European post-sorting PET collection reached 1.59 Million tonnes in 2011, an increase of 140 Ktes (9.4%) on 2010. For the EU 27 countries growth in collection is stable at 2%.
