Page 40 - Plastics & Polymers

Stringent quality standards to drive innovations in auto component industry

'Make in India' campaign, resulting in defence modernisation plans, has opened up immense diversification opportunity for the Indian auto components industry

Hindustan Aeronautics rolls-out HTT-40 aircraft prototype

In November 2015, the Indian Air Force had issued task directive for the design and development of HTT-40, a tandem seat trainer aircraft for the first stage training of rookie pilots

Camex to set up plastic chemicals plant at Ankleshwar

The new plant, to be built with an investment of Rs 10 crore, will have initial manufacturing capacity of 5000 metric tonne (MT) per annum

Brahamputra Cracker to give fillip to plastics industry in North East

The government plans to revive Brahmaputra Valley Fertilizer plant and set up a National Institute of Pharmaceutical Education and Research (NIPER) campus in Guwahati

Sabert acquires Kalman Packaging

With the acquisition of Kalman, a manufacturer of thermoformed plastic hinged food containers, Sabert will expand into bakery/supermarket sector

Global demand for nonwoven fabrics to cross 11 mn tones in 2019

While China will account for nearly half of all global gains through 2019, India will see faster gains as it continues to rapidly develop its manufacturing and construction sectors, as per Freedonia r

Enhancing food security through sustainable packaging

In spite of producing 263 mt of food (whereas the country requires only 225-230 mt annually), India is facing food insecurity issue due to wastage. Flexible packaging can offer a sustainable solution

LyondellBasell completes sale of Petroken for $184 mn

The company has sold Petroken, a leading polypropylene producer in Argentina, to Grupo Inversor Petroquimica

A Schulman expands compounding capacity in Germany

The company has added two twin screw extruders at the Kerpen plant in Germany to expand its highly specialised engineering plastics production

IOC's Paradip Refinery to bring Rs 1 lakh crore investment in Odisha

Refinery will meet the fuel requirement of the state and IOC's upcoming polypropylene plant at Paradip will lead to the development of downstream petrochemicals sector

IOC eyes petrochemicals as future growth drivers

The company to set up petrochemicals complex in Paradip to make 700,000 tpa polypropylene and 350,000 tpa ethylene derivatives such as mono ethylene glycols (MEG)

Talbros Automotive starts heat shield production line in Faridabad

As emission standards becomes more stringent, Talbros believes usage of heat shield products will become mandatory for Indian passenger cars, thus resulting in high demand

Apcotex buys emulsion polymers maker Omnova Solutions

The acquisition gives Apcotex an opportunity to grow in new adjacencies in emulsion polymers such as nitrile rubber, nitrile powder and nitrile/PVC blends

Gamesa bags 50 MW wind turbine order from Atria Power

The company will handle supply, erection and commissioning for Atria Power's Kukru site in Madhya Pradesh

Reliance Defence to build R&D centre for aerospace industry in Bengaluru

The centre, the first-ever of its kind in the private sector in India, will conduct research, development and innovation in aerospace technology

Toshiba Transmission opens $30-mn switchgear facility in Hyderabad

TTDI aims to use India as a core T&D production base for other major markets, including Europe, ASEAN, and Africa

Germany's Evonik ties up with chemical institute ICT for R&D

Two sides have sealed a strategic partnership agreement for the purpose of collaborating in R&D projects in the field of chemical science

Dow appoints James Fitterling as president and COO

Fitterling will report to Dow's chairman and CEO Andrew Liveris, who will step down after the chemical company completes its merger with DuPont later this year

Amcor acquires BPI China for $ 13 mn

This acquisition will strengthen Amcor's position in Chinese flexible packaging market and add flexographic printing to its capabilities

PolyOne buys Kraton's thermoplastic elastomer assets for $ 72 mn

The acquired technologies serve markets such as adhesives, removable protective films, packaging, medical devices and personal care products