Milacron announced today that, despite the current economic conditions and recent withdrawals by several major plastics industry players, it will maintain its commitment to customers and the industry with continued involvement in NPE 2009.
PlastIndia 2009, the 7th International Plastics Exhibition & Conference organized by PlastIndia Foundation, the apex body representing India's plastics industry has witnessed a thumping success: un-precedented in the annals of PlastIndia Exhibition & Conference. The World's 2nd largest exhibition and conference brought together the who's who of the plastics industry on one platform resulting into exchange of expertise, technology know how, and innovations.
LyondellBasell is to end the production of LDPE at Fos-sur-Mer, France. The unit has been partially idled since March and the company has started the employee consultation process regarding a project to shut down the unit permanently. The plant currently has 80 permanent employees.
Greiner Extrusion and KraussMaffei Berstorff are to pull on a single rope together in future. The two companies see the promise of powerful headwinds behind them in the current stormy market situation for extrusion plant as a result of their shoulder-to-shoulder stand.
Plastics processing machinery producer Krauss-Maffei is looking to lay off 10% of its 2,000 staff, with negotiations already underway with the works council in Munich.
The wire and cable processing industry at wire 2010 in Düsseldorf.
Precisely dosed for high quality fleece fabric Process-stabilised dosing of all components directly during the manufacturing process – that is one of Mann+Hummel ProTec’s core competencies. The fleece manufacturer RKW Gronau relies on exactly this competence in its new nonwoven fabric plant. The SOMOS Gramix S9 gravimetric dosing and mixing system, designed for up to nine formula components, is integrated in the plant.
Leading specialty chemical company Clariant is building a surfactants plant in Zhenjiang, Eastern China to help meet the needs of the country’s growing demand. The new facility is scheduled for production in the middle of 2009.
Swedish auto supplier Plastal has filed for bankruptcy, citing a “severe liquidity crisis” due to problems in both the auto industry and distressed financial markets.
In spite of the financial crisis, Superfos will keep on developing new product solutions and remains optimistic about the year ahead.
The Materials Handling Competence Center of Coperion, formerly Coperion Waeschle, has signed a mutually exclusive cooperation agreement with inconso AG, Bad Nauheim, Germany.
Bayer has reported a 58% hike in its Q4 net profit, despite difficult market conditions, and said it expects future growth for its healthcare and farming science divisions during 2009. However, the company revealed a disappointing drop in earnings for its material science business, which includes plastics and sealants.
