Page 59 - Plastics & Polymers

BASF buy IP for high molecular weight polyisobutene from Lanxess

With this, Lanxess will exclusively manufacture the new HM PIB for BASF in existing assets under a long term toll manufacturing agreement

Banning plastic packaging to have adverse impact on several industries: FICCI

The study, conducted by FICCI and Strategy&, estimates that a ban on plastic packaging will directly impact plastic industry sales of Rs 53,000 crores, and about 13 lakh personnel

AspenTech unveils aspenONE V8.8 software for process industries

The new software expected to help manufacturers achieve operational excellence, and drive profitability with workflow, performance and usability innovations

Arkema launches polyamide processed from castor oil

The new range of biosourced polyamides, Rilsan S, is manufactured in China by Arkema, which has a stake in Ihsedu Agrochem, a subsidiary of Jayant Agro that specialises in castor oil production

Jacobs bags contract for Huntsman's polyetheramine facility in Singapore

The Jurong Island facility expansion is expected to enable backward integration to produce polyethers from locally sourced feedstocks

BASF inaugurates Ultramid polyamide plant in China

The new plant, with a capacity of 100,000 metric tonnes per year, is the first investment in polyamide polymerisation for BASF in Asia Pacific

Songwon forms JV with Qingdao Long Fortune for additives in China

The JV, which will be based in the Qingdao area of Eastern China, will also set up a One Pack Systems (OPS) plant which will be located in the Pingdu County industrial park

P Rajendran is the new executive director (WR) of Indian Oil

In his earlier position, he was executive director (lubes) at IOC's head office in Mumbai

Albemarle unveils new catalyst for hydrocracking pre-treat market

Along with its hydroprocessing alliance partner UOP, Albemarle is in the final stages of pilot plant testing, and global rollout of the catalyst is expected in the second half of 2015

Gujarat State Fertilisers aims Rs 10,000 cr turnover by 2017-18

With the commissioning of planned new projects, involving investment of Rs 10,000 cr, GSFC aims to achieve the targeted turnover by 2017-18 from Rs 6000 cr currently

Celanese starts work on new VAE emulsions unit in Singapore

The Singapore plant will support the vinyl acetate ethylene (VAE) emulsion markets of Southeast Asia and other Asia Pacific countries including India, Australia and New Zealand

Minda Corporation forms JV with US-based VAST for vehicle access systems

The joint venture entity, Minda VAST Access Systems Private Limited (Minda VAST), will have operations in Pune and Delhi-NCR

Motherson Sumi bags a mega order from Daimler for supplying components for Mercedes-Benz

In order to fulfil the requirements of the contract, which is expected to generate sales revenues of about Rs 15,400 crores, Motherson Sumi will invest in two new plants in US & Hungary

Europe Parliament clamps down on wasteful use of plastic bags

Furthermore, the EC is required to assess the impact on the environment of oxo-degradable plastic materials, which fragment into small particles, and propose suitable measures

BASF begins trial run at mononitrobenzene facility in Chongqing

The facility, one part of BASF's Euro 860 million investment plan, is the first precursor plant of integrated methylene diphenyl diisocyanate (MDI) complex

Dow opens polyols facility in Thailand

The facility, with annual capacity to produce 200 kilo tonnes (kt) of polyether polyols, to support Asia demand in key growth markets for versatile polyurethane chemistry

Zeon to expand thermoplastic elastomers capacity at Mizushima plant

The Japanese firm plans to complete the expansion in production capacity by May 2016

Grace to provide Unipol PP technology to China's Yuntianhua Group

With an expected opening in 2017, the new enterprise will produce polypropylene at a rate of 150 kilo tonnes per annum (ktpa)

A Schulman expands PET masterbatch compounding capacity in Europe

The added PET product, which is commercialised under the name of PolyPet, will significantly increase the company's PET yearly production capacity

VHCL Industries bags Rs 32 cr export order for recycled plastic granules

The company is also evaluating a proposal of stake sale to a strategic investor