Page 6 - Plastics

SWM acquires Conwed Plastics for $ 295 million

The acquisition of Conwed will help SWM to strengthen its position in engineered resin-based netting solutions, which have wide range of applications

Global plastics industry's effort to combat marine litter grows in 2016

Seven new industry associations join the 'Joint Declaration'; Group, which includes India's AIPMA and IPI as members, will operate as the 'Global Plastics Alliance' going forward

Nanogate buys high-tech plastic components maker Jay Plastics

Acquisition will give a further boost to Nanogate's sales potential in the US, especially in the area of design surfaces, and improve its market access to Asian manufacturers

Custom medical moulder Flexan acquires Medron

The addition of Medron will significantly enhance Flexan's contract manufacturing service offerings in the field of medical devices

Innovative Tech Pack bags packaging contract from Dabur

The agreement, valid for five years, is expected to give ITPL an assured business of Rs 400 crores over the next five years

Gurit buys BASF's PET structural foam business

Acquisition will strengthen Gurit's structural core material product range and add a sizeable European-based PET production capacity to its existing PET operations in China

Global bioplastics demand to grow despite low oil price

In 2021, more than 45 percent of bioplastics will be produced in Asia, says European Bioplastics

Q Holding buys medical catheters maker Degania Silicone

By acquiring Degania, which has a production facility in India, Q Holding will strengthen its position as the leading global supplier of engineered elastomeric products to healthcare sector

Global polymer fillers market is expected to reach $ 54.8 bn by 2021

Asia Pacific is expected to continue to maintain its position as the leading consumption centre for the global polymer fillers industry, says a Zion Market Research report

Carlyle Group buys packaging company Novolex

The company has bought Novolex - which provides packaging solutions to retailers, hospitality industry, industrial markets, etc - Wind Point and TPG Growth

Smart phones & Internet to propel optical fibre cables market

The optical fibre cables market in India is anticipated to grow at a CAGR of over 13 percent during 2016-2021, says TechSci Research report

Clariant & Sicpa launch brand protection technology for medical devices in India

Two companies have jointly developed Plastiward, an integrated protection for plastic pharmaceutical packaging and medical devices, for tackling counterfeit problem

Total forms JV with Corbion for bioplastic polymers

The two partners plan to build a PLA polymerisation plant with a capacity of 75,000 tonnes per year at Corbion's site in Thailand

ExxonMobil to build 650,000-tonne polyethylene plant in Texas

Abundant supply of shale gas in the US has been one of the key reasons for the company's expansion plan, which will increase the polyethylene capacity of Beaumont site by 65%

Corbion begins construction of 75 KTPA bioplastics plant in Thailand

In addition to the construction of this new PLA (poly lactic acid) bioplastics polymerisation plant, Corbion will expand its existing lactide plant in Thailand by 25 KTPA

Plasticulture to play a major role in doubling farmers' income by 2022

If reused and recycled properly, plastics can play a pivotal role in water handling, storage, conservation as well as transportation

Avery Dennison helps Coca-Cola recycle 70 tonnes of PET waste annually

The new recycling scheme enables company to use plastic waste to produce a material suitable for making new items such as PET staple fibre, strapping or thermoformable sheets

Kingfa Science acquires land in Pune to build plastics making facility

The Chinese plastics company, which forayed into India by acquiring Hydro S&S Industries in 2013, is planning to expand its manufacturing activity in the country through this new site

Bayern Munich players wear shirts made from recycled ocean plastic waste

Club partner Adidas presented the shirt, which is entirely made of Ocean Plastic - fibres from recycled plastic found in coastal areas of the Maledives

BASF to invest Euro 200 mn to increase global plastic additives capacity

The company's plastic additives business will make this investment, approximately half of which in Asia, in the next five years