Page 67 - Plastics & Polymers

Preserve fossil fuel reserves to prevent climate change: Dr Mosongo Moukwa

According a report in Nature magazine, 82% of today's global fossil fuel reserves must be left underground to stop dangerous global warming. This report has huge implications globally

Evonik appoints Dr Ulrich Kusthardt as CIO

He replaces Dr Peter Nagler as chief innovation officer

Indorama Ventures inks pact with Polyplex to buy PET resin plant in Turkey

With this acquisition, the company will have a combined capacity of 3,82,000 tonnes, making it a leading domestic PET producer in Turkey and the South East Europe region

MWV to establish specialty chemicals biz as separate company

Spinoff expected to enhance value for shareholders by creating two strong, market-leading companies in the areas of packaging and specialty chemicals

Mitsubishi Plastics and Mitsubishi Rayon to merge carbon fibre businesses

The move will enhance Mitsubishi's carbon fibre and composite materials business

Low oil prices to boost margins: Huntsman

The company is expected to benefit over the long term as many of its raw materials are derived from the oil refining process

Global catalyst market to exceed $20 bn in 2018

Efforts by developing countries such as China, India, and Russia to battle air pollution by reducing fuel sulfur levels will stimulate demand for hydrotreating catalysts, reports Freedonia Group

BioAmber appoints Francois Laurin as CFO

He replaces Andrew Ashworth, who retired as CFO on December 31, 2014

Solvay completes acquisition of Chevron Phillips' Ryton PPS biz

This will enlarge Solvay's specialty polymers offering

Pluss Polymers organises e-waste management programme

The aim of the event, organised at Mount Abu School, New Delhi, was to encourage students to participate in a collective drive to deal with e-waste

Haldia Petrochemicals may restart operations at plant

This follows the decision of lenders to infuse funds in the company after The Chatterjee Group, one of the principal promoters of HPL, agreed to invest Rs 100 crore

Biocompatible materials market in US to touch $5.6 bn

Demand for synthetic biocompatible polymers is expected to increase 4.7 percent annually to $3.2 billion in 2018, representing more than 1.4 billion pounds, says Freedonia Group in a new study

CMI Ltd bags BPCL order to supply cables

Order was placed for Kochi refinery

Reliance Industries plans a turnaround at Nagothane plant

The company will also carry out routine maintenance activities and implement other profit improvement and energy conservation measures at the site

N America & Asia to drive demand for industrial silica sand to reach $12.5 bn

Demand is expected to grow as manufacturing output pick up in important silica sand-consuming industries, such as glass, foundry, construction, etc, according to Freedonia Group

Equate Petrochemical completes plant's turnaround process

Kuwaiti petrochemical company also completes first phase of polyethylene debottlenecking project

Clariant receives Rs 1,102 cr for Thane land

Lodha Developers has bought Clariant's 87-acre land located in Kolshet, Thane

Bioadhesives address several unmet needs in key industries

A Frost & Sullivan report finds that animal glues, starch- and gum-based bioadhesives have found uses in key sectors, fulfilling the need for biocompatibility, eco-friendliness and adhesion

Reliance ropes in Mitsui to ship ethane from US to India

RIL, with this strategic tie-up with Mitsui O S K Lines Ltd (MOL), has achieved a key milestone for the successful implementation of ethane import project to feed crackers in India

Cathay Investments buys DSM's Euroresins

Euroresins is a distributor of products to the composite resins industry with activities in nine countries in Europe, including the UK, Italy and France