Sales at Krones, the world’s market leader for beverage filling and packaging technology were up by 14.1 % in the 2011 business year compared to 2010, rising from 2,173.3 to 2,480.3 million euros. Krones has thus overachieved its growth target.
The German plastic pipe industry has recovered very quickly from the 2008/2009 crisis in the financial market – a crisis that had also caused a temporary decline of production in this industry.
Symphony Environmental Technologies plc, the specialist in advanced plastics technologies (including d2w controlled life, and d2p anti-microbial products) is pleased to announce the signing in Hong Kong of a 20 year exclusive distribution agreement for the People's Republic of China, (excluding Hong Kong and Macau), between its wholly-owned subsidiary Symphony Environmental Ltd and the newly-formed Super Success International Limited (SSI).
Invista Engineering Polymers and Hromatka Group recently signed a distribution agreement to sell Invista’s new Torzen polyamide resin in Europe.
Styron Europe GmbH called for an improved process to help customers and the industry in Europe by settling monthly contract prices for polystyrene in the first week but not later than the 10th working day of each month, effective May 1.
Plastics converting companies have come under renewed pressure through increasing raw materials prices, says EuPC, the industry's Brussels based body.
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 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.
New distribution locations in Bielefeld and Wiwersheim near Strasbourg are strengthening corporate networks.
Bayer MaterialScience can begin construction in Dormagen of a new world-scale plant for a key plastics precursor.
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, 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.
