Page 66 - Plastics & Polymers
French plastic firms eye Indian market for growth
These firms, which will participate in Plastindia 2015 exhibition, will showcase latest technologies to tap into opportunities in India, which is expected to see high-growth for plastic products
 "French plastic firms eye Indian market for growth")
MWV and RockTenn merge to create $16 bn packaging firm
Two industry leaders to create a powerful global provider of consumer and corrugated packaging solutions
 "MWV and RockTenn merge to create $16 bn packaging firm")
National Plastic inks distribution pact with Tradeplast LLC
As per the pact, National Plastic will distribute Germany's Holzplast products in India, Bangladesh, Nepal and Sri Lanka
 "National Plastic inks distribution pact with Tradeplast LLC")
GSFC plans to invest Rs 1209 cr to expand production
The company plans to increase capacity of Nylon-6, melamine and Nylon-6 fully drawn yarn by 15,000 MTPA, 40,000 MTPA and 2,600 MTPA respectively
 "GSFC plans to invest Rs 1209 cr to expand production")
US and Brazil to drive growth of bio-based materials market
The global capacity to produce bio-based materials and chemicals from emerging technologies will rise to over 7.4 million metric tonnes in 2018, according to Lux Research
 "US and Brazil to drive growth of bio-based materials market")
Anellotech, IFP Energies & Axens to co-develop bio-aromatics technology
The new technology - which will produce bio-based benzene, toluene and paraxylene - is expected to be ready for industrial implementation in 2019
University of Tennessee to lead national composites institute in US
Advanced Composites Manufacturing Innovation (IACMI) has received a $70 mn commitment from the US Department of Energy (DOE) and $189 million from IACMI's partners
BASF to expand butanediol capacity in US
With this expansion, German firm's global butanediol capacity will increase to 6,70,000 metric tonnes per year
UAC Global acquires Thai firm Advance Polymers for $ 22 mn
APC manufactures and supplies chemicals, with latex as the main product (polymer emulsions and polymer solutions), for various industries
 "UAC Global acquires Thai firm Advance Polymers for $ 22 mn")
BASF launches new extruded polystyrene product
Styrodur 3000 CS extruded polystyrene rigid foam panels have the same thermal conductivity of 33 mW/mK across all panel thicknesses from 30 to 240 mm
 "BASF launches new extruded polystyrene product")
Stepan Company sells specialty PU systems business to J6 Polymers
The sale included inventory as well as customer and supplier lists, intellectual property, formulations and manufacturing procedures
Govt to open 100 institutes for plastic technology
The number of Central Institute for Plastic Engineering and Technology (CIPET) will be increased from the current 23 to 100 in next 5 years, according to Ananth Kumar
 "Govt to open 100 institutes for plastic technology")
Symphony receives Brazilian Ecolabel certificate
Ecolabel confirms the environmental credentials of Symphony's d2w additive and distinguishes it from all other oxo-biodegradable products on the market
Bayer MaterialScience develops eco-friendly isocyanate for PU industry
The company has developed pentamethylene diisocyanate (PDI) - 70 percent of whose carbon content comes from biomass
Lanxess strengthens Advanced Industrial Intermediates unit
As a part of restructuring plan, the Rubber Chemicals (RUC) production assets in Jhagadia (Gujarat) will come under Advanced Industrial Intermediates BU
 "Lanxess strengthens Advanced Industrial Intermediates unit")
Indorama pulls out of deal to acquire Turkish firm SASA Polyester
On April 10, 2014, Indorama Netherland BV had entered into a sale purchase agreement to acquire 51% stake in SASA from Haci Omer Sabanci Holding AS
Qatar Petroleum and Shell shun Al Karaana petrochemicals project
The decision was taken after the companies found that high capital costs rendered the project commercially unfeasible, especially in the current economic climate prevailing in the energy industry
Sibur and Yokogawa extend pact for supply of automated control equipment
Yokogawa, which has been Sibur's strategic partner since 2006, will continue to provide automation and control solution through 2016
Global PU dispersions market to reach $1.18 bn in 2018
Asia Pacific, driven by the emerging economies of China and India, is expected to retain its leading position in the polyurethane dispersions market, according to Transparency Market Research
 "Global PU dispersions market to reach $1.18 bn in 2018")
Chiripal Group plans to bolster polyester supply chain
The Ahmedabad-based textile major is planning to invest Rs 1172 crore to expand its polyester production
 "Chiripal Group plans to bolster polyester supply chain")
