Page 27 - Plastics & Polymers
Plastic technology provider Rochling to invest Euro 35 mn in German plant
Investment will give a considerable boost to the company's position in the manufacture of primary packaging for the pharmaceutical and diagnostic industry
 "Plastic technology provider Rochling to invest Euro 35 mn in German plant")
HP ropes in German specialty chemicals firm Evonik for new 3D printing materials
Evonik expects to see further development in additive manufacturing technologies in large-scale production of components, which are used in the automotive and aircraft industries
 "HP ropes in German specialty chemicals firm Evonik for new 3D printing materials")
A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa
The US firm has appointed Snetor Chimie to commercialise its complete range of white, black and coloured masterbatches and additives
 "A Schulman ropes in Snetor Chimie to expand masterbatch business in Africa")
Asian Paints selects Mold-Tek Packaging for supply of plastic containers
The company will set up two new plants to supply pails (plastic container with handle) to the upcoming new plants of Asian Paints Limited
 "Asian Paints selects Mold-Tek Packaging for supply of plastic containers")
Mitsubishi Gas raises specialty polycarbonate resins capacity
The company will also launch the Iupizeta EP-8000, the specialty polycarbonate resin that delivers the highest refractive index (1.66) for compact high-resolution camera lenses
 "Mitsubishi Gas raises specialty polycarbonate resins capacity")
RAMPF acquires advanced polyurethanes maker Innovative Polymers
With the acquisition of Innovative Polymers, a provider of polyurethanes for tooling and modelling applications, RAMPF will further consolidated its position in the NAFTA region
 "RAMPF acquires advanced polyurethanes maker Innovative Polymers")
Chinese tyre imports hurting domestic industry
Rising imports are resulting in low capacity utilisation (forcing manufacturers to stop further investment) and posing a threat of job losses
 "Chinese tyre imports hurting domestic industry")
Cerberus Capital buys thermoplastic auto components maker ABC Group
This transaction will provide ABC Group with greater access to capital to support further investments in people, products and operations
 "Cerberus Capital buys thermoplastic auto components maker ABC Group")
Altana acquires Dutch polymer additive maker Addcomp
Acquisition strategically expands Altana's BYK division in the area of polymer additive solutions
 "Altana acquires Dutch polymer additive maker Addcomp")
Kilburn Engineering bags Rs 27 cr orders for process equipment
It has bagged two orders - worth Rs 25 crores - for exports of fluid bed dryer for PVC and annuli riser skids for onshore shale gas exploration
 "Kilburn Engineering bags Rs 27 cr orders for process equipment")
Black Rose receives environment clearance to expand acrylamide plant
The company will expand acrylamide capacity at its Jhagadia (Gujarat) plant from 10,000 MT to 20,000 MT per year
 "Black Rose receives environment clearance to expand acrylamide plant")
Mitsui and Fujimori Kogyo to acquire PT Champion Pacific Indonesia
PT PT Champion Pacific Indonesia is the manufacturer of flexible packaging for pharmaceutical products
 "Mitsui and Fujimori Kogyo to acquire PT Champion Pacific Indonesia")
Wison Engineering bags EPC contract for petrochemical project in Saudi Arabia
The company will be responsible for the expansion of the ethylene oxide and ethylene glycol (EOEG) facilities and auxiliary units
Supreme Industries plans Rs 250 crore capex for 2016-17
Along with other projects, the company will spend this amount to expand capacity of plastic pipe system, performance packaging film, furniture products, etc
 "Supreme Industries plans Rs 250 crore capex for 2016-17")
Vikas EcoTech starts work on PVC stabiliser plant in Dahej
To be built with Rs 30 crore investment, the facility will house an innovation center and manufacturing plant for organotin stabilisers and specialty polymer compounds
 "Vikas EcoTech starts work on PVC stabiliser plant in Dahej")
Covestro to expand MDI capacity at German site
The production capacity at the Brunsbuttel site will be roughly doubled to a total of approximately 400,000 metric tonnes of MDI (diphenylmethane diisocyanate) per year
KEC International bags orders worth Rs 1,036 crore
The company has bagged orders of 582 crore from Abu Dhabi Transmission and Dispatch Company, and Rs 317 crore from Rail Vikas Nigam Limited
 "KEC International bags orders worth Rs 1,036 crore")
Wacker to expand silicone sealants and specialty silicones capacity in South Korea
The new production site for silicone sealants, encapsulants, thermal interface materials and liquid silicone rubber is expected to go on-stream in the first quarter of 2018
 "Wacker to expand silicone sealants and specialty silicones capacity in South Korea")
Evonik working on biodegradable composites for medical implants
German firm is conducting research on new biodegradable composite materials for the fixation of fractured bones that will degrade naturally in the body
 "Evonik working on biodegradable composites for medical implants")
Unipetrol awards Talke contact to build logistics facility for polyethylene unit
The contract, worth CZK 700 million (about $ 29 million), is part of new polyethylene unit project (PE3), the biggest investment in the history of the Czech petrochemical industry
 "Unipetrol awards Talke contact to build logistics facility for polyethylene unit")
