Page 80 - Plastics & Polymers

Astral Poly Technik ropes in Salman Khan as brand ambassador

The maker of CPVC pipes and fittings has roped in Khan for two years

Sintex acquires French component maker Simonin group

The deal is viewed as a strategic move towards consolidating Sintex Group's positioning in the European continent

Government plans to set up SEZ abroad for chemicals

The ministry has reportedly identified Iran and Myanmar for this purpose

Supreme Industries plans to spend Rs 200 cr for capex

To invest in expanding capacities and introducing new product range

Nagarjuna Oil's PCPIR project in TN to go on stream in 2015

In the first phase of the refinery, which is the anchor unit for PCPIR project in the Cuddalore-Nagapattinam region, the company will set up a 6-mt unit

PP catalyst plant of CB&I and Clariant begin production in 2015

Based at Clariant's largest US production hub, the facility will combine innovative catalysts - jointly developed by both companies with high-capacity output

Plastics waste: The Golden Triangle - industry, government, consumer

If the three nodes - consumer, government and industry - connect to form a triangle and acknowledge their interdependence, the plastics waste menace can be meaningfully tackled

Rolta wins multi-million dollar contract from Saudi's Sadara Chemical

The company to implement a comprehensive engineering information system within Sadara's Jubail integrated chemical complex

Astral Poly Technik's net up by 72% in Q1

The company's net sales during the quarter under review grew by 25% to Rs 271 crore on yoy basis

Focus on eco-friendly innovations: Ananth Kumar

The Minister for Chemicals & Fertilizers presented the National Awards for technology innovation in petrochemicals & downstream plastic processing industry

Rushil Decor to set up HDF laminated flooring plant in Karnataka

The company expects to start production in the new plant in Q1 of 2016-17

Celanese to produce Celstran thermoplastic in Brazil

Local production will allow Celanese to better serve customers in growing region

Albemarle and Rockwood merger in a $6.2 bn deal

Merger to create one of the premier specialty chemicals company in the world; Combination will have leading positions across four high-growth, high-margin businesses

Lignin derived chemicals present $242 bn market potential

First higher-value chemical derived from lignin to hit market in 2021, according to Lux Research

Alpek and BASF rejigs EPS and PU business activities in the Americas

While Alpek will acquire EPS business of Polioles (a JV between Alpek and BASF), BASF will acquire Polioles' PU business activities

AkzoNobel opens production facility for packaging coatings in Thane

Built at an investment of Euro 1.8 million (about Rs 14.5 crore), the facility will cater to the metal packaging and flexible packaging industries

Evonik opens hydrogen peroxide plant in China

Built with an investment of Euro 100 million, the new plant will increase Evonik's global hydrogen peroxide capacity by approximately 30% to more than 9,00,000 metric tonnes per annum

Finnish firm Huhtamaki to buy Positive Packaging for Rs 2009 cr

Positive Packaging Industries, a company engaged in the business of flexible packaging, has an annual turnover of approximately Rs 1,000 crore

Cytec and Dralon tie up for industrial grade carbon fibre production

Demand for large tow carbon fibre is projected to grow significantly in the coming years, driven by increasing use in industrial markets such as automotive

The government needs to undertake 'Disruptive Innovation'

Policy reforms have to be disruptive. The indications of phasing out the Planning Commission are steps in the right direction, if undertaken