Page 78 - Plastics & Polymers

Shale gas boom prods LyondellBasell to invest in PO/TBA plant in USA

The plant on the US Gulf Coast will have an annual capacity of 900 million pounds of propylene oxide (PO) and 2 billion pounds of tertiary butyl alcohol (TBA) and its derivatives

Centre to raise research fund for promoting innovation

According to Dr Jitendra Singh, the centre will encourage PPP in view of the emerging areas of innovation

Dassault Systemes launches SolidWorks training centre in India

The company plans to set up 50 SolidWorks authorised training centres across the country

US-based Milacron to invest $30 million in India to expand production capacity

The plastics processing machine maker will increase manufacturing capacity of injection & blow moulding machines and commence the production of extrusion line

Reliance to source ethane from N America for Indian petrochemical plant

The company has executed storage and capacity agreements for liquefaction and export of ethane with a North American Terminal, which is expected to commence operations in the second half of 2016

Samsung Heavy Industries secures shipbuilding order from Reliance: Platts

Korean company has received $723 mn order for very large ethane carriers

Kingspan acquires Pactiv's building insulation division in $82-mn deal

Pactiv building insulation produces a comprehensive range of XPS insulation products under the GreenGuard brand

Pluss Polymers organises e-waste management program at Gurgaon school

Organised in association with Advit Foundation, the event briefed approximately 200 students on hazardous effects of e-waste

Mexichem to buy HDPE pipe maker Dura-Line for $630 mn

Dura-Line has three factories in India (two in Goa and one in Neemrana, near Delhi), in addition to other manufacturing facilities in North America, Oman, Europe, and South Africa

Thermo Fisher Scientific sells Cole-Parmer to GTCR for $480 mn

Cole-Parmer is a provider of fluid handling, test and measurement, and electrochemistry products and services

We see a more rapid adoption of leading edge lubricants in India: Nitin Prasad

In this interview, Nitin Prasad, MD, Shell Lubricants, Shell India, elaborates on the changing dynamics in the lubricants market in the country

Equipment failure disrupts production at Huntsman's Texas facility

The stoppage is estimated to have a negative impact of $30 million EBITDA for Huntsman's Polyurethanes and Performance Products divisions

India must become manufacturing powerhouse: Narendra Modi

PM also urges Indian entrepreneurs to focus on quality and environment-friendly technologies to manufacture products

Rise in US propylene supply to fail to meet global PP demand

The US is positioned to capitalise on the polypropylene (PP) shortages as the demand increases manifold in other markets, particularly Asia, according to a Platts report

Lanxess to expand plastic compounding facility in the US

The company will invest about $15 million to set up second production line at its Gastonia, North Carolina, compounding facility for high-tech plastics

IIP exploring options to commercialise plastic waste-to-fuel technology

Indian Institute of Petroleum (IIP) has developed a technology to convert plastic waste into petroleum products

Stefan Kutta to head Celanese's transportation business in Asia

Kutta will relocate to the Celanese Shanghai

Honeywell plans Rs 1400 cr investment in new Bangalore campus

The company has already invested around Rs 1,600 crore in Bangalore

HPL's plant shutdown hurts plastic units in West Bengal

The month-long closure of Haldia Petrochemicals has disrupted the supply of polymers to plastics processors, especially the makers of injection moulded products

Manushree Technopack net up by 73% in Q1

Surge in demand from the beverage and packaged drinking water segment helps the company to register robust growth