Plastics converters under raw materials cost pressure
Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry's Brussels based body.
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LA Seda supports its strategic growth
In 2011 La Seda de Barcelona (LSB) completed its financial and operational restructuring process successfully. After refinancing its debt with the banks and redefining its core business by focusing on the Plastic Packaging sector, LSB is now facing a growth strategy for 2012 to allow its consolidation as one of the European leaders in this field.
LyondellBasell grants Lupotech T Process license to Samsung Total Petrochemicals
LyondellBasell today announced that Samsung Total Petrochemicals Co. Ltd., a joint venture of Samsung Group and Total S.A, has selected the Lupotech T process technology from LyondellBasell for its new 200 KT per-year low density polyethylene (LDPE) and ethyl vinyl acetate (EVA) copolymer plant in Daesan, South Korea. Start-up is projected for 2013.
Greiner Packaging is enhancing distribution in Germany and France
New distribution locations in Bielefeld and Wiwersheim near Strasbourg are strengthening corporate networks.
Bayer gets green light for new world-scale TDI plant in Dormagen
Bayer MaterialScience can begin construction in Dormagen of a new world-scale plant for a key plastics precursor.
BASF in 2011
BASF significantly surpassed the record levels of 2010 in sales and earnings, and thus again earned a high premium on its cost of capital in 2011.
Borealis in 2011
Borealis, a leading provider of chemical and innovative plastics solutions, recorded a net profit of EUR 507 million in 2011, compared to EUR 333 million in 2010.
Wienerberger will acquire Solvay's stake in Pipelife
Solvay and Wienerberger announced that they have signed a binding agreement for the sale of Solvay’s 50% stake in Pipelife, one of the world's leading suppliers of plastic pipe systems, to Wienerberger.
DSM Engineering Plastics global HQ has moved to Asia
DSM Engineering Plastics makes a strategic move to quicker anticipate customer needs around the globe.
Sumitomo Chemical holds groundbreaking ceremony for New S-SBR plant in Singapore
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.
Specialty packaging films report
The flexible packaging market in Europe is valued at around 20 billion Euros by Andrew Reynolds, the Research Director at Applied Market Information.
Plastics market in Russia
Russia offers excellent opportunities for the plastic industry and considerable potential for growth.
