LyondellBasell to close two PP production lines
LyondellBasell yesterday announced that it will shut down two polypropylene (PP) lines in Wesseling, Germany, by mid-2012.
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BASF increases capacity for Neopor
BASF increases capacity for Neopor insulation material in Europe.
PolyOne acquires ColorMatrix Group
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, announced an agreement to acquire ColorMatrix Group, Inc., the leading global innovator in liquid colorants, additives and fluoropolymers.
Gazprom plans €3.5 bn to invest in polymers production
Russian petrochemicals producer Gazprom Neftekhim Salavat (GNS) plans to invest € 3.5 bn in a petrochemicals expansion at its site in Salavat, Bashkortostan, Russia.
NatureWorks will offer new high performance Ingeo resins
NatureWorks LLC announced a major capital investment project at its Blair, Neb., manufacturing facility for the production of new grades of high-performance Ingeo biopolymers as well as a new generation of lactide intermediates. Samples of the new polymers and lactide intermediates will be available next year with commercial sales commencing by 2013.
5,8 % growth in global pipe market
The world pipe market is projected to expand 5.8 percent per year to 31.5 billion meters in 2015, a mild deceleration relative to the 2005-2010 period, according to a report by the Freedonia Group.
Paccor comes on the packaging market
Affiliates of Sun European Partners create Pan-European flexible and rigid packaging specialists.
Patrick Thomas is new President of PlasticsEurope
The CEO of Bayer MaterialScience has been elected the new President of PlasticsEurope.
Bulgaria imposed eco - tax on plastics bags
Bulgarian Government is imposing a new eco-tax in July, adding to the cost of retail plastic carrier bags in a bid to phase out their use in the country.
India imposed blanket ban on plastic bags
The local government of India’s capital, Delhi, has imposed a blanket ban on the manufacture, sale, storage and use of plastic bags in the capital city, starting 4 April.
Solvay wants to buy Rhodia
Belgian chemicals and plastics company Solvay has announced plans to acquire Rhodia in a deal valuing the French company at €3.4bn. Solvay is offering €31.60 for each Rhodia share in cash as part of a friendly deal. The new group will have sales of €12bn.
New PET recycling plant in France
APPE has invested €10m in increasing capacity at its PET recycling plant in Beaune, France, by 40%.
