Page 49 - Plastics & Polymers
US claims PET resin dumping from Canada, China, India and Oman
The Department of Commerce, in its preliminary investigation, has confirmed that Canada, China, India, and Oman have dumped polyethylene terephthalate (PET) resin in the country
 "US claims PET resin dumping from Canada, China, India and Oman")
French firm Bluestar Silicones inks distribution pact with Aditya Birla Group
Grasim Industries Ltd, a flagship company of Aditya Birla Group, will become a major distributor for Bluestar's full range of silicone products in the country
 "French firm Bluestar Silicones inks distribution pact with Aditya Birla Group")
US-based Axalta expands coatings capacity in India to supply auto OEMs
The company will double production capacity and establish coatings development laboratory at Savli, Gujarat
 "US-based Axalta expands coatings capacity in India to supply auto OEMs")
Air Liquide to invest Euro 80 mn for building air separation units in China
As per the contract with Yanchang Petroleum, Air Liquide will supply air gases including oxygen and nitrogen through the new ASUs, which will have capacity of 2,800 tonnes of oxygen per day
 "Air Liquide to invest Euro 80 mn for building air separation units in China")
BASF and SINOPEC inaugurate China's first isononanol plant
The plant will produce 180,000 metric tonnes of isononanol, which is used in making high molecular weight phthalate plasticiser
 "BASF and SINOPEC inaugurate China's first isononanol plant")
SABIC reforms organisational structure to better meet customer needs
As a result of this reorganisation, the Innovative Plastics SBU will cease to exist with the products from this SBU to be transferred to other SBUs - Specialties, Chemicals and Polymers
Aided by chemicals industry naphtha market to reach $237 bn in 2019
However, the market may face growth limits owing to the volatile crude oil prices and the abundant availability of cheaper alternatives such as LPG and shale gas, says Transparency Market Research
 "Aided by chemicals industry naphtha market to reach $237 bn in 2019")
Shilpi Cable forms JV with New Zealand-based Eyecom for antennas
As per the deal, JV will set up a manufacturing facility at Chopanki (Rajasthan) for antennas and other products such as repeaters and IBS passive components
 "Shilpi Cable forms JV with New Zealand-based Eyecom for antennas")
Rising demand for lightweight vehicles and packaging to boost polypropylene market
Polypropylene market is predicted to rise in India, China, Brazil, and ASEAN, owing to rising demand for food containers within these countries, says a Transparency Market Research report
 "Rising demand for lightweight vehicles and packaging to boost polypropylene market")
Ellen Kullman to retire as chair and CEO of DuPont
Edward Breen, chairman of Tyco International Plc and a DuPont Board Member, to serve as interim chair and CEO
 "Ellen Kullman to retire as chair and CEO of DuPont")
Specialty chemicals industry: Making India a global manufacturing powerhouse
India can play a dominant role in the global specialty chemicals industry as it has got advantage of skilled human resources and a big consumer market
 "Specialty chemicals industry: Making India a global manufacturing powerhouse")
Solving feedstock puzzle key to gain global competitiveness for Indian specialty chemicals industry
While petro-based feedstocks are in short supply in India, companies can focus on renewable resources which are abundantly available in the country to make specialty chemicals
 "Solving feedstock puzzle key to gain global competitiveness for Indian specialty chemicals industry")
Lubrizol opens CPVC resin facility in Thailand
Thai facility, combined with Lubrizol's other recent investments in Louisville (USA) and Dahej (India), will better position the company to support its future business growth
 "Lubrizol opens CPVC resin facility in Thailand")
LyondellBasell to use SJS Plastiblends' facility to make products locally
In addition to the already existing product lines, the SJS plant, which it had acquired recently, will produce LyondellBasell's Hostacom & Hifax thermoplastic olefins
 "LyondellBasell to use SJS Plastiblends' facility to make products locally")
Kuraray to expand capacity of optical-use poval film
The company will expand its annual production capacity of optical-use poval film from the current 212 million m2 to 232 million m2
Ineos acquires Axiall Corp aromatics business for $62.9 mn
The deal comprises the cumene plant in Pasadena, USA, and the phenol, acetone and alpha-methylstyrene (AMS) business
 "Ineos acquires Axiall Corp aromatics business for $62.9 mn")
TTK, PSG Institute, two US universities to collaborate for heart valves
Four organisations will work for the project, which is funded through a grant from National Institutes of Health (NIH) and aims to develop low cost prosthetic heart valves for India
 "TTK, PSG Institute, two US universities to collaborate for heart valves")
US-based Sealed Air opens global R&D center in Mumbai
The new facility houses Sealed Air's global R&D centers for fabric care & food and beverage hygiene solutions, and an Indian packaging solution center
 "US-based Sealed Air opens global R&D center in Mumbai")
Kraton acquires renewable raw materials maker Arizona Chemical for $1.37 bn
Specialty chemicals firm Arizona Chemical, a global leader in the pine chemicals industry, manufactures high-value performance products derived from pine wood pulping co-products
 "Kraton acquires renewable raw materials maker Arizona Chemical for $1.37 bn")
German investor Paragon Partners buys Balda AG for Euro 62.9 mn
Paragon will maintain the current strategic orientation and organisational structure and retain the management of Balda AG
 "German investor Paragon Partners buys Balda AG for Euro 62.9 mn")
