EU fines additive firms €173m for price fixing
The European Commission is fining a number of plastics additives producers, including Ciba, Elf Aquitaine and Baerlocher, €173.9m for price fixing and market sharing cartels.
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Borealis simplifies distribution to automotive sector
Borealis announces changes in its distribution partnerships for automotive materials.
Evonik Finalizes Sale of AlzChem Group
Germany-based Evonik Industries has finalized the sale of the AlzChem Group to the Luxembourg-based private equity fund bluO. The deal was closed on October 27, 2009, after it was approved by the boards and the relevant antitrust authorities. Less debts, the cash sale price amounts to €78.5 million.
European plastics market in 2009
Plastics and rubber machinery manufacturers in Europe: hopes for Recovery in 2010 after a Serious Fall in 2009.
Mold-Masters buys UK hot runner controller firm
Canadian hot runner specialist Mold-Masters has acquired UK-based PMS Systems, a supplier of hot- runner temperature controls.
Pregis confirms its strong position in the Polish market
Pregis Protective Packaging Europe has confirmed its market leadership in Poland and throughout Eastern Europe with the introduction of coextruded bubble wrap technology with air retention barrier, following major investment in its new factory in Gliwice in Poland.
LyondellBasell to close Carrington LDPE plant
LyondellBasell Industries announced that it will close the low density polyethylene (LDPE) plant located at its Carrington, UK, site by the end of this year.
Interview with Manfred Geiss, Managing Director of Geiss AG
Plastech publishes an interview with Manfred Geiss, Managing Director of Geiss AG. The Geiss company offers worldwide equipment for thermoforming and processing of plastics from one single source and is one of the leaders in the thermoforming market.
Engel defies the crisis
The ongoing recession continues to hit the industry heavily. Despite this, Engel again succeeded in expanding its market share considerably in the past financial year. On top of this, due to an extremely positive first sixth months in 2008/09, a turnover of some 591 million Euros was achieved. Targeted measures, geared to facilitate investments by customers, will continue to reinforce Engel's position on the market.
Bayer MaterialScience lifts force majeure for TDI in Europe
With immediate effect, Bayer MaterialScience has lifted force majeure for the polyurethane raw material toluene diisocyanate (TDI) in the Europe, Middle East, Africa (EMEA) region.
Interview with Dr. Jürgen Hambrecht, Chairman of BASF
We publish an interview with Dr. Jürgen Hambrecht, Chairman of BASF. In this interview, BASF's CEO Jürgen Hambrecht discusses problems and solutions for the economic crisis. BASF is the world´s leading chemical company.
Interview with Alessandro Grassi, General Manager of Frigosystem
Plastech publishes an interview with Alessandro Grassi, General Manager of Frigosystem. The company was one of the almost 700 exhibitors at Plastpol exhibition in Kielce, Poland, on May this year. Plastpol is the largest fair event dedicated to the plastics industry in Central and Eastern part of Europe.
