German plastics and rubber machinery manufacturers' sales up six per cent in 2012
Germany's plastics and rubber machinery manufacturers saw sales rise by 6% last year. Their sales volume reached a new record of over 6.5 bln euro.
World
News Plastech
Velox expands portfolio to include composites product range
Velox, the Hamburg-based distributor of raw material specialities, acquires the composites business of the Belgian Azelis Group. At the time of acquisition this Azelis business area comprises some 50 employees in 12 European countries and reports turnover of around € 50 million.
SABIC to increase Stamax LGFPP capacity
SABIC to increase Stamax LGFPP capacity at Genk, Belgium facility to meet rising automotive customer demand.
Evonik invests in Singapore
Evonik’s new polyamide 12 line is planned to be built in Singapore by 2014 to increase the availability of this specialty plastic.
Arkema invests over €70M in fluoropolymers in France
The world leader in PVDF fluoropolymer, an innovative and fast-growing (+7% p.a.) performance material, Arkema announces a major project for the development of its Kynar PVDF business in Europe.
A. Schulman's and NATPET joint venture
A. Schulman announced today that it has entered into a joint venture agreement with National Petrochemical Industrial Company (NATPET) of Jeddah, Saudi Arabia ("KSA"), a subsidiary of Alujain Corporation, a Saudi Stock Exchange listed company.
Lanxess starts up new nitrile butadiene rubber plant in China
German specialty chemicals company Lanxess has started up on schedule a nitrile butadiene rubber (NBR) plant in Nantong, China, as part of its 50:50 joint venture with Taiwan's TSRC Corporation.
BASF acquires extrusion technology from B.C. Foam
BASF has purchased the PET foam business of the Italian company B.C. Foam S.p.A., headquartered in Volpiano.
Schoeller Industries takes over ProTec, a subsidiary of Mann+Hummel
OHL Engineering GmbH PET Recycling Technologies, a subsidiary of Schoeller, Pullach near Munich, has taken over the operative business of the Mann+Hummel subsidiary ProTec, with headquarters in Bensheim.
Lanxess to invest 200-million-euro in second synthetic rubber plant
German specialty chemicals firm Lanxess has announced that it will proceed to invest another 200-million-euro to build a second new neodymium polybutadiene rubber (Nd-PBR) plant in Singapore on September 11 this year.
Rhodia and Avantium to jointly develop biobased polyamides
Rhodia, member of the Solvay Group, and Avantium announced today that they have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications.
BASF to build an integrated 300,000 metric tons TDI plant
BASF today announced that it will build a single-train 300,000 metric tons per year production plant for TDI (toluene diisocyanate) and expand additional plants for its precursors at its site in Ludwigshafen.
