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Rexam sales closures business

Rexam sales closures business

UK-based Rexam has announced it has put its closures business up for sales, confirming industry rumours that the packaging giant was looking to divest the struggling division.

Indorama has signed a definitive share purchase agreement to acquire Trevira

Indorama has signed a definitive share purchase agreement to acquire Trevira

Indorama Ventures Public Company Limited has signed a definitive share purchase agreement to acquire German company Trevira GmbH through a joint venture with Italy's Sinterama S.p.A. Indorama Ventures will become the majority partner while Sinterama will take a strong management role in the new joint venture company.

2010 record year for BASF

2010 record year for BASF

According to BASF, 2010 was a record year for the company with sales of €63.9bn – up 26% year-on-year.

Import offers to Egypt increase after crisis

Import offers to Egypt increase after crisis

The Egyptian polymer market appears to be returning to some level of normalcy following the political turmoil which caused most of the regional Middle Eastern producers to step back, as per Chemorbis.

Asia is booming in packaging

Asia is booming in packaging

China has developed into a global super power with giant strides. According to estimates of the German professional association VDMA Chinese machinery manufacturers took the lead for the first time in 2009.

Pallmann doubles orders

Pallmann doubles orders

Size reduction technology specialist Pallmann Group reports very strong growth for 2010.

Very good year for PKN Orlen

Very good year for PKN Orlen

In 2010, PKN ORLEN (Poland) posted the best operating and net profits in five years, as well as the highest ever total sales volumes. The Company was consistently reducing its debt, while keeping the ratios required under its loan agreements at safe levels.