Page 17 - Plastics & Polymers

Plasticulture to play a major role in doubling farmers' income by 2022

If reused and recycled properly, plastics can play a pivotal role in water handling, storage, conservation as well as transportation

Avery Dennison helps Coca-Cola recycle 70 tonnes of PET waste annually

The new recycling scheme enables company to use plastic waste to produce a material suitable for making new items such as PET staple fibre, strapping or thermoformable sheets

Kingfa Science acquires land in Pune to build plastics making facility

The Chinese plastics company, which forayed into India by acquiring Hydro S&S Industries in 2013, is planning to expand its manufacturing activity in the country through this new site

Gujarat Alkalies to invest Rs 683 cr for setting up chloromethanes plant

The company has also revised the project cost for its JV, GACL-Nalco Alkalies (formed to set up a caustic soda plant along with power plant at Dahej), to about Rs 2000 crores

Apollo Tyres to invest Rs 525 cr for setting up production plant in AP

The new facility will produce tyres for two-wheelers and pick-up vehicles

Reliance receives first ethane carrier from Samsung

RIL has given an order for construction of six such vessels, which will be used by the company for transporting ethane from the US to India for the production of petrochemicals

IG Petrochemicals buys Mysore Petro Chemicals' maleic anhydride business

Mysore Petro Chemicals (MPCL) procures wash water, a raw material required for the production of maleic anhydride, from IG Petrochemicals

Apollo Tyres opens global R&D near Chennai

The R&D centre will service the product development needs for the entire Asia Pacific, Middle East & Africa region

Alfa Laval bags $ 14 mn order for heat exchangers

The order was placed for the supply Alfa Laval OLMI heat exchangers by a petrochemical plant in the Middle East

MOL Group to invest $ 1.9 bn in petrochemicals business

In order to allow further diversification in the propylene value chain, MOL Group will invest more than $ 500 million into its steam crackers in Hungary and Slovakia

Bayern Munich players wear shirts made from recycled ocean plastic waste

Club partner Adidas presented the shirt, which is entirely made of Ocean Plastic - fibres from recycled plastic found in coastal areas of the Maledives

BASF to invest Euro 200 mn to increase global plastic additives capacity

The company's plastic additives business will make this investment, approximately half of which in Asia, in the next five years

Kabra Extrusiontechnik to partner with Germany's Unicor GmbH

Two companies will collaborate to provide a fully integrated extrusion solutions for the Indian & global plastics corrugated pipe industry

Adani & Israel's Elbit form JV for unmanned aerial vehicles

The JV, in which Adani group will own 51% stake with remaining stake held by the Israeli firm, aims to manufacture unmanned aerial vehicles in India

Wacker to expand pyrogenic silica production in Germany

The company will expand the specialty HDK pyrogenic silica plant at Burghausen (Germany), increasing the capacity of hydrophobic specialties by 40 percent

Praxair to supply oxygen & nitrogen for MEGlobal's ethylene glycol plant

As part of this project, Praxair will also construct a new carbon dioxide purification and liquefaction facility

Hero MotoCorp to invest Rs 205 cr in electric 2W developer Ather Energy

With this investment, Hero have approximately 26-30% stake in Ather, which is engaged in the business of designing and manufacturing smart electric vehicles (EV)

Trinseo to increase capacity of styrene butadiene rubber in Germany

With this expansion, aimed at meeting growing customer demand for S-SBR in performance tyres, the company's global S-SBR production will go up 33 percent

Arkema increases Kynar fluoropolymer capacity in China

Capacity increase will help the company to meet growing demand for this product in Asia for applications such as new energies (batteries & photovoltaics) and water treatment

Lanxess' performance materials biz to increase focus on E&E industry

The company will adopt industry-appropriate orientation of product lines and services