Ascend Performance Materials, an integrated polyamide (PA) 66 supplier, has signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA … Read more
INEOS and UPM Biofuels announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins. These new sustainable materials will be used … Read more
Linde PLC has recieved a contract to provide technology for PJSC Sibur Holding’s cracker at Amur gas chemical complex (GCC). GCC is an integrated 1.5 million tons per year polyethylene and polypropylene production complex to be built near Svobodny in Russia’s far-east Amur region. The contract was awarded to Linde under a consortium with Sibur … Read more
Showa Denko announced its plan to close a production site in Meitingen, Germany, for which the company started labor-management consultations. The site is a part of consolidated subsidiaries SDK Carbon Products Germany GmbH & Co. KG and SDK Carbon Germany GmbH. The Meitingen site is currently producing connecting pins for graphite electrodes. Once closed, Showa … Read more
Advansa GmbH, manufacturer of polyester fibers announced on January 29 that PT Asia Pacific Fibers will acquire all the assets of Advansa GmbH as well as the other relevant companies of the Advansa Group. Advansa Marketing GmbH, Hamm, as well as Bergers Technik und Maschinenbau GmbH, Hamm, among others will be included under the deal. … Read more
DOMO Chemicals, a leading producer of engineering materials announced that the company has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. The acquired business includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain and Poland. The agreement also involves a joint venture … Read more
Celanese Corporation, a global chemical and specialty materials company, and Nouryon today announced they have signed an agreement for Celanese to acquire Nouryon’s redispersible polymer powders business offered under the Elotex brand (Elotex business). As part of the acquisition, Celanese will acquire all of Nouryon’s global production facilities for redispersible polymer powders across Europe and … Read more
Celanese Corporation announced preliminary plans to expand its emulsion polymers derivatives business to extend the value of its global acetyl chain. “Building on a commitment to our global customer base to be the partner of choice by solving their most critical needs, Celanese will begin key investments in facility expansions as well as expand on … Read more
Air Liquide announced on Tuesday that it has entered into exclusive negotiations, with Messer, regarding the divestment of its entities in Czech Republic and Slovakia. Air Liquide started operating in Slovakia in 2000 and Czech Republic in 2001. Today, both locations total 53 employees, with office locations in Prague and Trnava. This decision illustrates Air … Read more
BASF will expand its global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. This involves a higher double-digit million euro investment in constructing a new methane sulfonic acid plant at the Ludwigshafen site. The company had announced the expansion plan of MSA at the end of 2018. The construction works started … Read more
BASF SE announced a single-digit million-euro investment to increase capacity of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30%. “We want to continue to provide our customers with high-quality polyurethane dispersions and help them grow by ensuring supply reliability. Considering the rising … Read more
BASF has closed the previously announced transaction to divest its ultrafiltration membrane business to DuPont Safety & Construction (DuPont). The divestiture includes the shares of inge GmbH, the business’ headquarters and production site in Greifenberg, Germany, including all employees, its international sales force, and certain intellectual property previously owned by BASF SE. Financial details of … Read more
ALPLA, Britvic, Danone, Unilever, REMONDIS and BP – leading companies operating across the polyethylene terephthalate (PET) plastic packaging value chain announced they have formed a new consortium that aims to help to address the problem of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology. BP Infinia is designed to turn opaque … Read more
Ferro Corporation announced it has entered into a definitive agreement to sell its Tile Coatings Business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group, which is a portfolio company of Lone Star Funds. The deal was for $460 million in cash, with the potential for an additional $32 million in cash based on … Read more
Trinseo announced the initiation of a joint development project with Fernholz – a leading manufacturer of plastics packaging – to develop a high-quality Polystyrene (PS) product composed of 25% recycled material through a chemical recycling dissolution process. The collaboration is expected to have commercial viability by mid-year 2020. Trinseo announced at the industry renown K … Read more
Baltic Chemical Plant LLC (BCP), a wholly-owned subsidiary of RusGasDobycha, has selected Univation Technologies’ UNIPOL PE Process for six reactor lines to be located at the Ust-Luga marine port located in Leningradsky Region, Russia. With maximum product flexibility in mind, each UNIPOL PE Reactor line is designed for a world-scale capacity of 500,000 TPY, yielding … Read more
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced that it has reached agreement with the shareholders of specialty dairy solutions provider Koninklijke CSK Food Enrichment C.V. for the acquisition of a 100% interest in the company for a cash consideration of about €150 million ($166 million). Subject to customary conditions, … Read more
PMC Group N.A., Inc. and Lanxess Organometallics GmbH announced that the parties have reached an agreement whereby PMC’s European subsidiary will acquire the organotin specialties product line from Lanxess. The transaction is scheduled to close by year end, subject to customary closing conditions. The Business includes Lanxess’ global organotin catalyst, organotin specialties and intermediates product … Read more
Air Liquide said it was examining the possible sale of its German unit Schuelke. The Group intends to continue to develop its healthcare activities, while providing schülke with the best opportunities for its long-term development. “Being at the very preliminary stage of this process, different scenarios are being reviewed and no assurance can be given … Read more
MonoSol, a divison of Tokyo-based Kuraray Group announced plans to further expand its operations with the construction of a new manufacturing facility in Poland to meet rapidly increasing demand for its water-soluble and biodegradable films. Additionally, the company confirmed plans to increase manufacturing capacity at its recently completed plant near Indianapolis in Lebanon, Indiana. The … Read more