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New PTA plant built by Invista and China Prosperity Petrochemical

New PTA plant built by Invista and China Prosperity Petrochemical

Invista Performance Technologies (IPT) and China Prosperity (Jiangyin) Petrochemical Co., Ltd (China Prosperity) are delighted to announce the successful start-up of China Prosperity’s 600,000 tonnes per annum PTA plant. The PTA plant utilizes Invista’s market leading PTA process technology, provided to China Prosperity under a license agreement.

A.Schulman invests in Brazil

A.Schulman invests in Brazil

A. Schulman is following up big gains in sales and profit with plans to add a new extrusion line at its plant in Brazil.

World masterbatches market

World masterbatches market

Rockville, Maryland-based market research publisher Global Industry Analysts (GIA) has released a global report on masterbatch, the world market for which is forecast to reach $8.25bn by the year 2017.

Leading Solutions for large diameter pipe extrusion lines

Leading Solutions for large diameter pipe extrusion lines

United Arab Emirates based Union Pipes Industry (UPI) expands its large diameter pipe program. The well known producer of polyethylene pipe for infrastructure and industrial applications this year placed an order for a 2000 mm PE pipe extrusion line with Battenfeld-Cincinnati’s Infrastructure division.

Gerresheimer acquires Brazilian pharmaceutical plastic packaging company Védat

Gerresheimer acquires Brazilian pharmaceutical plastic packaging company Védat

Gerresheimer AG, one of the leading worldwide suppliers to the pharma and healthcare industry, has acquired the Brazilian company Védat to strengthen its pharmaceutical plastic packaging business in South America. Védat is a major Brazilian manufacturer of pharmaceutical plastic packaging products, especially plastic closures.

Pregis increases the price

Pregis increases the price

Pregis Protective Packaging Europe is announcing an 8% price increase across all of its products and equipment, effective May 1, 2011. The price increase affects Pregis customers in all European countries.