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.
INEOS is offered $1 billion by PetroChina for a 50% share in its European refining business.
Frost & Sullivan’s unique ongoing research programme identifies, defines and evaluates Megatrends and their future implications for a range of business and markets, including the chemicals and materials industry.
Singapore-based petrochemicals group Indorama plans to invest more than €437m in a joint venture project to construct a 400,000 tpa polyethylene production plant in Uzbekistan.
Rhodia déclare Force Majeure on its HMDA and downstream products.
Things are looking up again for the plastics and rubber industry in Russia. Interplastica 2011 characterised by positive market developments/20,000 trade visitors very interested in international vendors
Upakovka/Upak Italia 2011: The Russian packaging market is gaining noticeable momentum.
A. Schulman is consolidating its rotational moulding powders operations in Italy and Australia.
Promens has acquired Marwin Plastic GmbH, a family owned plastic packaging manufacturer located in Hamburg, Germany.
By placing the order for a complete extrusion line to produce high-pressure pipes of up to 1,600 mm in diameter, ZAO Tehstroi, Kazan, will not only virtually double its own production capacity, but also extend the overall range of pipes produced for the Russian market in Russia.
Resin (Products & Technology) BV, a privately held Dutch specialty-resin compounder, today announced that it is in the process of acquiring the Yparex adhesive tie-layer business of DSM Engineering Plastics.
The Mauser Group, a worldwide leading company in industrial packaging, is emerging from the economic crisis with renewed strength. After a successful year in 2010, the company is well-positioned and looks confidently to the future.
