Page 36 - Plastics & Polymers

A Schulman to build masterbatch plant in France

The company plans to expand masterbatches capacity at Givet site to meet the growing demand in France and other European countries

Teijin to invest Yen 1.5 bn to set up para-aramid fibre plant in Japan

The company will begin construction of the new plant in June this year and aims to start operation from October 2017

Plastiblends begins production at Surat masterbatches plant

Early this month, the company, which has been augmenting the manufacturing capacity of masterbatches, announced its plans to build a plant in West Bengal to tap the Eastern region

Honeywell joins hand with Navin Fluorine to make auto refrigerant in India

As per the deal, Honeywell will license its proprietary technologies to produce the refrigerant to Navin Fluorine, which will manufacture Solstice yf in India exclusively for Honeywell

Yokohama Rubber buys Alliance Tire for $1.2 bn

The acquisition of off-highway tyre maker ATG will strengthen Yokohama Rubber's product line-up in commercial tyres

Saudi Aramco and Shell to separate Motiva assets in US

As per agreement, Saudi Aramco will retain Port Arthur refinery, while Shell will assume sole ownership of the Norco & Convent refineries in Louisiana

Deinove and Arbiom to co-develop a 'carbon-free' chemical industry

The two companies have started a collaboration to demonstrate the synergy of their respective technologies for the valorisation of non-food plant biomass

BASF and Avantium plans JV for bio-based chemical production

The JV will produce and market furandicarboxylic acid (FDCA) based on renewable resources, the main new building block for polyethylenefuranoate (PEF), and set up a 50,000 tonnes FDCA plant

Solvay to advance its exit from Inovyn JV with Ineos

As per the original plan, Solvay planned to exit Inovyn, formed in July 2015, in July 2018. The company will receive Euro 335 million for its exit

IOCL, OIL & BPRL pick up 29% stake in Rosneft's refinery Tyngd in Russia

Indian consortium also intends to buy 23.9% in Rosneft's Vankorneft, which owns Vankor Field and North Vankor license. Vankor is Russia's second largest field by production

Quantum Plastics acquires 3D Plastics

With the acquisition of 3D, an injection and blow mould plastic manufacturer, Quantum Plastics has diversified its portfolio of industries and capabilities

Plastics machinery maker Colines buys Torninova

With this acquisition, Gruppo Colines Holding will consolidate its position in the field of machinery for producing protective air-bubble film

Kolon Plastics and BASF to form JV for polyoxymethylene in South Korea

The JV will set up a 70,000 metric tonnes plant to manufacture polyoxymethylene, an engineering plastic used in industrial, transportation, construction and consumer markets

Uflex to expand scope of Flexfresh film in fresh produce packaging

The company is currently working on a retail pack film to offer it for form, fill & seal (FFS) for both cut and whole products

Can bacteria offer remedy for plastic waste?

A team of Japanese researchers have discovered a bacteria, Ideonella sakaiensis, which feeds on plastics, potentially offering a sustainable solution for solving the menace of plastic waste

Southeast Asia can emerge as hub for bio-based chemicals: Report

Indonesia, Malaysia, and Thailand - the three largest producers of palm oil - are parlaying their natural strengths into the emerging bio-based materials and chemicals space, says Lux Research

Richa Industries bags Rs 24 crore order from Bharat Electronics

As per the contract, Richa Industries will be responsible for the construction of pre-engineered building (PEB) for the assembly of masts & composite structures at BEL-NAMU in Navi Mumbai

Lanxess donates Rs 53 lakhs to Teach For India

Since 2010, the specialty chemicals company has been associated with Teach For India, which focuses on providing quality education to children

Ramco bags order from Dubai-based RSA Logistics

RSA Logistics provides logistics & supply chain solutions to industries such as automotive, power generation, petrochemicals & chemicals and food & beverage

Indo Rama Renewables sells 30 MW wind farm in Maharashtra to Tata Power

The move to divest wind asset will provide an impetus to further grow polyester business of Indo Rama Synthetics India Ltd