Page 81 - Plastics & Polymers

Arkema and Omya ink distribution pact for plastic additives

Under this distribution agreement, Omya will market Arkema's plastic additives range across Europe, except Spain and Portugal

Pluss Polymers wins innovation award at Indo-Global Healthcare Summit

The company bags the award for its MiraCradle, a low cost device that induces therapeutic hypothermia among newborns suffering from birth asphyxia

Evonik to set up research centre for silanes in Germany

The specialty chemical company also operates laboratories for application technology support and regionally specialised research for silanes in China, India, Germany, and the US

BASF, Huntsman, Sinopec plan new MDI plant in Shanghai

Capacity of 240,000 metric tonnes crude MDI per year to support growing demand for polyurethane products in Asia Pacific

A. Schulman completes acquisition of Ferro's specialty plastics assets

The acquisition, worth $91 million, includes four facilities located in the US as well as operations in Spain

Extend antidumping duty on plastics machinery imports from China: PMMAI

Though the government has imposed antidumping duty on plastics machinery imports from China, Chinese firms are routing their machines through ASEAN, with which India has signed FTAs attracting very lo

Government should revive its focus on PCPIRs

Though notified in 2007, PCPIR policy is yet to take off as it was expected in the planning stage. Hence, the government should take steps to promote development of these zones

Ineos to acquire BASF's stake in Styrolution for Euro 1.1 bn

After the deal, Styrolution will be run separately as a standalone company within Ineos

Merck acquires Dutch liquid crystal windows specialist Peer+

With the acquisition of the startup company Peer+, Merck is further advancing the future-oriented technology for liquid crystal windows

JBF Industries begins production at PET plant in Belgium

The 3,90,000 tonnes per annum (tpa) plant is co-located on the BP Aromatics site

Solvay and Ineos to name chlorovinyls JV as Inovyn

Inovyn will have proforma 2013 sales of more than Euro 3 billion, with 14 sites in eight European countries

Evonik Industries plans to reorganise the group structure

Three operating segments - Consumer, Health & Nutrition, Resource Efficiency, and Specialty Materials - to be given greater entrepreneurial independence as separate legal entities

Clariant increases Licocene polymers capacity by 50%

Debottlenecking of production line in Frankfurt-Hochst, Germany, by Q1 2016 to meet increasing demand, particularly from Turkey, India, China and Indonesia

Antidumping duty on PTA to hurt polyester industry: Indo Rama Synthetics

The company says the move will adversely affect the performance of textile industry, while benefit only the integrated polyester player (ie Reliance Industries)

Bernard Rzepka appointed CEO of A. Schulman

He will replace Joseph Gingo, who will continue as the Chairman of the Board

Arkema expands Evasin EVOH polymer range

The company introduces two new EVOH grades of high ethylene content, expanding its range of barrier polymers

Encourage use of ethanol as feedstock instead of burning it as fuel: Yogesh Kothari, President, ICC

The Government's plan to encourage blending of ethyl alcohol (ethanol) with fuel is going against the interest of alcohol based chemical industry

Finance Minister to present Union Budget on July 10

While Railway Budget will be presented on July 8, Economic Survey will be tabled on July 9

New government should resolve pending issues in relation to GST: Vipul Shah

Introduce 'zero duty' on the import of chemicals to facilitate easy availability and higher import of cheaper feedstock

Investments in infrastructure pushing demand for PVC

PVC, known as infrastructure plastic, can gain immensely from government's push in sectors such as infrastructure, housing, agriculture, etc making India a hub for PVC product manufacturing