Page 58 - Plastics & Polymers

VHCL Industries bags Rs 20 cr export order for compounded plastic granules

The company has received an order to supply 2670 metric tonnes of compounded 'recycled plastic granules' over a period of nine months, starting September 2015

Johnson Matthey buys DS Smith's StePac modified atmosphere packaging biz

This acquisition complements Johnson Matthey's expertise in functional materials extremely well, bringing post-harvest expertise and IP in the area of polymer-based MAP products

BASF declares force majeure on ethylene oxide & EO-based products in Europe

The company expects that the supply situation of the affected products to improve towards end of June

Tosoh to supply Chemtura's brominated flame retardant products in Japan

As per the deal, Tosoh will have the exclusive right to sell Chemtura's Emerald Innovation 1000 flame retardant products to Japanese customers

Manali Petrochemicals to invest Rs 100 cr for polyols capacity expansion

The company plan to expand the capacity from the current 50000 tonnes per annum (tpa) to 1,50,000 tpa over the next five years

DCW Ltd starts commercial production of iron oxide pigments in TN

Iron oxides pigments are widely used in paints, coatings and coloured concretes

Mexico's Mexichem opens HDPE product plant in Hyderabad

Mexichem's subsidiary, Dura-Line, has opened the new plant to produce cable ducts and pressure pipes for the water, datacom and gas markets

KraussMaffei launches new CX injection moulding machine series at Chinaplas

With clamping forces of 350 to 1600 kN, the new CX series is ideal for high-precision applications with large volumes, for example in auto, medical and electronics industries

Evonik expands methacrylic anhydride capacity in Germany

The company has doubled its production capacity for Visiomer MAAH - an important building block in the production of specialty methacrylates - at its site in Worms (Germany)

Global halogen-free flame retardant PP market to reach $ 664 mn by 2020

Increasing construction spending coupled with positive outlook on automotive industry particularly in China, India, etc is expected to drive the market, as per Grand View Research report

Global green packaging market to reach $ 203 bn by 2021

Developing countries such as India, China, Russia, Brazil, etc are the fast growing markets for green packaging, says a Transparency Market Research (TAM) report

Solvay plans to build all-plastic car engine

In Polimotor 2 engine, Solvay will replace up to ten metal engine components with parts made from seven of its high-performing thermoplastic materials

Elgi Rubber buys US-based Cincinnati Retread Systems

With this acquisition, Elgi Rubber aims to further expand its footprint in the tyre and automotive market of the US

DSM and Ascend form alliance for supply of polyamide 66 compounds

As per the pact, Ascend becomes the strategic supplier to DSM for PA66 base-polymer, while DSM will distribute Ascend's portfolio of PA66 compounds

Chemical industry's perspective on 'Make in India': Sudhir Shenoy

India offers huge market for chemical companies. But, to achieve the goals of 'Make in India' initiative, the government has to create favourable conditions for global and local firms to invest in man

Motherson Sumi aims for $18 bn revenues in 2020

For fiscal year 2014-15, MSSL reported consolidated revenues of Rs 34,490 crore compared to Rs 30,358 crore in 2013-14

Sadara inks supply pact with a Halliburton-TAQA JV for EO & PO

As per the agreement, Sadara will supply ethylene oxide (EO) and propylene oxide (PO) to the new ECSC facility in PlasChem Park located for 20 years

BASF launches Lumina Royal effect pigments for plastics industry

In addition to effect pigment Lumina Royal Blue, which was launched for plastics applications in 2010, pigments Aqua, Indigo, Magenta and Copper will also be available to plastics industry

Corbion signs pact for supply of bioplastics polylactic acid

In order to further accelerate market acceptance of PLA, Corbion has already begun to test, validate and sell pre-marketing volumes of PLA

Unitech International ventures into monomer production

The scrap recycling company will set up a monomer manufacturing plant, having an annual capacity of 12,000 metric tonne in Maharahstra