According to the Adsale Group, in recent years companies around the world have faced a number of difficulties in their operations, such as the rising price of petroleum, the shortage of energy, the Eurozone debt crisis, increasing labour costs, environmental pollution, etc. Apart from having a well-planned business strategy, a crucial factor in successfully tackling these problems is the quality of a company’s work team, says Adsale.
The German Plastics Center (SKZ) invites to the Thermoplastic Elastomers (Thermoplastische Elastomere – TPE) conference taking place in Würzburg, Germany, 5 - 6 June 2013. The event is an established meeting platform for suppliers and processors of TPEs in the German speaking countries.
A parliamentary subcommittee passed a bill on Monday (6 May 2013) seeking to fine companies up to 5 % of their revenue for leaks of toxic substances.
Taiwan’s Formosa Plastics Group (FPG) is making plans for subsidiary Formosa Plastics Corp. (FPC) to undertake construction of joint venture naphtha crackers and downstream petrochemical facilities in Gulei, in China’s Fujian Province, according to the Taipei Times.
Trexel and the Lubrizol Corporation announced a new partnership for Lubrizol to be the preferred thermoplastic polyurethane supplier for Trexel’s MuCell microcellular foaming technology.
The German rubber industry association wdk (Wirtschaftsverband der deutschen Kautschukindustrie) has announced the creation of a new working group dedicated to thermoplastic elastomers. The decision has been unanimously taken by the bureau and the general assembly of the wdk.
Sixteen years ago Smithers Rapra launched its first TPE conference. The 2013 event Thermoplastic Elastomers 2013 will take place in Duesseldorf, 15-16 October 2013 in the run-up to K 2013 (16-23 October 2013). The programme will soon be finalised, but there is still time to submit a paper.
According to a Freedonia market study, issued in February 2013, world demand for flame retardant additives will rise 5.4 % per year to 2.6 million t in 2016. According to the study, the Asia/Pacific region will continue to be largest and fastest growing market, accounting for over half of world demand in 2016. Advances will be fueled by over 8 % annual growth in the Chinese and Indian markets, strong increases in Thailand and other less developed countries in the region, and solid growth in major electronics-producing countries such as Taiwan and South Korea. Gains in North America will be driven by above average expansion of the markets in the US and Mexico. Central and South America will also see strong growth, driven by rapid gains in the Brazilian market. Demand in Western Europe will rise at a subdued pace, although it will rebound from the declines of the 2006-2011 period.
Dow Chemical recently announced it is planning to sell assets worth nearly USD 1.5 billion over the next 18 months and has already identified two business units that will be actively marketed for divestment: its Polypropylene Licensing and Catalysts unit as well as its Plastics Additives unit.
Dr. Kjell Fagerström, managing director at Elasto Sweden AB will be presenting at the VDI TPE conference taking place in Nürnberg, 16-17 April 2013. The conference will focus on two component manufacturing and the role of TPEs in multi-component applications.
Iran--one of the world's major petrochemical producers--plans to build a new petrochemical hub in the southeastern port city of Chabahar, Deputy Oil Minister Mohsen Khojasteh Mehr said. "Only those companies will be given permit for establishing petrochemical plants which are able to complete their value chain," he said.
The government said Thursday (4 Apr. 2013) that it will introduce a “three strikes and you’re out” regulation on chemical accidents, urging companies to tighten their safety control of toxic substances.
Toyo Engineering Corporation has been jointly awarded with ENPPI, an engineering company under the Egyptian Ministry of Petroleum, a contract to build a 400,000 t/y polyethylene plant as part of Ethydco's petrochemical complex to be established in Alexandria, Egypt, and owned by Ethydco, the Egyptian Ethylene and Derivatives Company. This will be the largest polyethylene plant in Egypt.
UOP LLC, a Honeywell company, announced 2 Apr. 2013 that its technology has been selected to produce key petrochemicals in a new complex in Brunei.
Sadara Chemical Company (Sadara) announced the successful closing of the sukuk (Islamic bonds) issued through its subsidiary Sadara Basic Services Company (SBSC). The sukuk has received strong investor demand, resulting in 2.6 times oversubscription based on the initial offering size of SR 5.25 billion. In keeping with this demand, Sadara has up-sized the issuance to SR 7.5 billion.
The Italian compounder API has announced that it has embarked upon a radical process of organisational change. The company based in Mussolente near Vicenza said that it wants to be prepared to adequately respond to the challenges arising from the great change that is affecting the economy, finance and international markets.
Ter Hell & Co. GmbH has signed a distribution agreement with Evonik Industries AG. This agreement names Ter Hell as Evonik’s exclusive distributor for the Vestoplast, Vestowax, and Dynacoll product range in selected countries all over Europe.
Thai state-owned oil and gas company, PTT, will propose to the Energy Ministry and the Cabinet that promotion of the bioplastics industry be made a national agenda item to stimulate domestic demand for the products.
Fujairah's economic development could be boosted by a petrochemical industry feeding on a refinery being built by an Abu Dhabi investor.
On 20 March 2013, the mechanical engineering firm KraussMaffei celebrated its 175th birthday. Domiciled in Munich, Germany, since its founding in 1838, the company today exclusively manufactures with its more than 4,000 employees machines and systems for the production and processing of plastics, polyurethane, and rubber – and caters, e. g. to clients in the automotive, packaging, medicine, and construction industries as well as to manufacturers of electrical and electronic products and household appliances.
More news can be found in the Archive
More news can be found in the Archive
The German Plastics Center (SKZ) invites to the ...
Trexel and the Lubrizol Corporation announced a new ...
The German rubber industry association wdk ...
Sixteen years ago Smithers Rapra launched its first TPE ...
Unimatec Chemicals Europe, Weinheim, Germany, has entered ...
According to the Adsale Group, in recent years companies ...