Sumitomo Chemical announced that it held a groundbreaking ceremony and a celebration reception for the new solution styrene-butadiene rubber (S-SBR) manufacturing plant to be constructed in Singapore by its group company Sumitomo Chemical Asia PTE LTD.
The flexible packaging market in Europe is valued at around 20 billion Euros by Andrew Reynolds, the Research Director at Applied Market Information.
Russia offers excellent opportunities for the plastic industry and considerable potential for growth.
Coperion GmbH, Stuttgart, has acquired a majority stake in PELL-TEC Pelletizing Technology GmbH, Niedernberg, Germany.
After a year of successful cooperation with the agency O.C. Team, KraussMaffei Berstorff draws a positive balance and records a notable increase in incoming orders.
Water, beer, juices, coke and other beverages are sold in a variety of packaging systems in Germany: reusable glass or plastic bottles, cardboard cartons, single-use containers with a deposit or single-use packaging with the Green Dot.
According to PlasticsEurope the European plastics industry continued its recovery in 2011 after the economic recession – especially for manufactured plastic products. The pace of recovery has slowed down after the spring due the reduction of inventory and uncertainty over the economic development.
Eastman Chemical Company and Solutia Inc. today announced that they have entered into a definitive agreement, under which Eastman will acquire Solutia, a global leader in performance materials and specialty chemicals.
The third edition of Swiss Plastics, Switzerland's largest plastics exhibition, took place in Lucerne on January 17-19. In his opening speech, PlasticsEurope's Executive Director Wilfried Haensel insisted on how the worldwide consumption of plastics will continue to rise.
Plastic pipe industry recovering in Europe and NAFTA but booming in South America.
Husky Injection Molding Systems today announced that it has signed an agreement to sell Injectoplast, the former closure injection molding operation of KTW, to Alpla Holding GmbH.
The global demand for thermoplastics is expected to grow by around 100,000 tonnes by 2015, driven by the developing economies. Polyethylene comprises 35% of this market and polypropylene is 24%, according to leading market consultant Noru Tsalic of Applied Market Information (AMI).
