China’s leading manufacturer of fluorine chemical and polymer products, Shanghai 3F New Materials, said in an announcement that the company has signed an agreement of intent with DuPont China Holding to establish a joint venture in 2012.
LyondellBasell announced that the sales offering for the 105,000 barrels-per-day refinery in Berre, France has resulted in no offer to purchase the refinery.
Major global PET supplier Indorama Ventures is set to own Europe’s largest PET recycler - Wellman International.
Russian exports of most polymers, especially to China, fell significantly during the first half of 2011 against the same period last year as domestic demand picked up strongly.
Global biopolymer leader Braskem and bioplastics compounding specialist FKuR have signed a compounding agreement for BioPE, Green PE. This strong partnership will result in the first tailor-made green polyethylene compounds available in Europe.
Bioplastics Compounding & Processing 2012 is an international industry conference on the profitable use of bioplastics. It is scheduled on 8-9 May 2012 in Miami, USA.
Lanxess yesterday announced a series of investments, totalling €90m.
By opening a new factory building adjacent to its location in Taubaté near São Paulo, Mauser NCG will be able to offer full recycling services to its customers in the region.
Materials firm A. Schulman Inc. plans to close its compounding plant in Nashville, Tenn., in a move that will eliminate 60 jobs.
La Seda de Barcelona, the Spanish PET resin and packaging group, has benefited from operational improvements which it started last year as part of a five-year restructuring plan.
BASF will substantially expand the production plant for the insulation material Styrodur C at the Ludwigshafen site in Germany. This will increase the production capacity of the extruded polystyrene rigid foam panels (XPS) from the current 1.3 million m³ by an additional 220,000 m³.
Sibur has bought JSC Acrylate - the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
