Wirtschaft news of the polymerindustry - PU Magazine International

IDSA to organise Design Center pavilion and conference at NPE2015

In an agreement between the Industrial Designers Society of America (IDSA) and SPI: The Plastics Industry Trade Association, IDSA will organise a conference and “IDSA Design Center” pavilion at NPE2015, it was announced by SPI, which produces the triennial NPE.

Tata Autocomp and Magna enter into a joint venture

Tata AutoComp Systems Limited and Magna International Inc. have signed a 50/50 joint venture agreement to provide seating systems to the Indian commercial vehicle industry. The JV will be focused on delivering innovative seating systems to commercial vehicle manufacturers as well as buses.

IRAN: NPC boosts pc investments

Iran’s National Petrochemical Co. (NPC) plans to increase its investments in the country’s petrochemical projects in order to accelerate their progress, reported Fars News Agency, quoting NPC Deputy Head Mohammad Hassan Peyvandi.

VIETNAM: PTT, Saudi Aramco get government OK for Vietnamese refinery & pc project

Vietnam's Binh Dinh government has approved the feasibility study for a refinery and petrochemical complex being planned by PTT Plc and Saudi Aramco in Binh Dinh province, reported local sources.

Huntsman completes acquisition of Rockwood's Performance Additives and Titanium Dioxide businesses

On 30 September 2014, Huntsman Corporation announced that it has received final clearance and approval from the European Commission to acquire the Performance Additives and Titanium Dioxide businesses of Rockwood Holdings, Inc. Following the approval, the acquisition was completed on 1 October 2014.

Shell first to offer gas-based fluids and solvents globally for chemicals industry

Shell announced it has become the first organisation to offer a globally available portfolio of natural gas-based fluids and solvents for the chemicals industry. Its extensive supply chain, via Shell’s chemicals business hubs in Singapore, Houston and Rotterdam, makes the products available to customers across the world.

Bayer and bluesign technologies enter into strategic alliance

Bayer MaterialScience and bluesign technologies are joining forces for a sustainable textile industry and want to advance their initiative globally. The two companies have agreed to enter into a strategic alliance for this purpose. The objective is to ensure safe production processes and working conditions along the entire value chain.

Chem-Trend expands global R&D, manufacturing and service

Chem-Trend, a supplier of mould release agents and casting lubricants, is increasing its global presence by expanding manufacturing and R&D facilities in China, Brazil and India.

CHINA: Sabic teams with Chinese Academy of Sciences to advance science & technology in China

Saudi Basic Industries Corp. (Sabic) has signed an agreement with the Chinese Academy of Sciences (CASc) to promote the advancement of science and technology in China, said local sources quoting a Sabic official.

Air Products to increase prices of polyurethane additives

Air Products announced that, effective 1 October 2014, it will increase prices by 5 – 10 % on Dabco and Polycat polyurethane catalysts in Europe, Middle East and Africa.

Huntsman announces 400 kt/y MDI expansion plan for US manufacturing plant

Huntsman Corporation announced that it has commenced preliminary engineering to expand production of MDI by investment in a new, world scale plant at its Geismar, LA, USA, site.

OMAN: Orpic entering prequalification process for USD 3.6-billion Liwa Plastics Project

Oman Oil Refineries and Petroleum Industries Co. (Orpic) has invited international and domestic contractors to prequalify for one or more contracts for its $3.6-billion Liwa Plastics Project being established adjacent to the Sohar refinery in Oman.

SRI LANKA: BASF Lanka appoints new MD

BASF has appointed Panduka Weerasingha as the Managing Director of BASF Lanka (Pvt) Ltd with effect from 28 August 2014. He succeeds S. Ramnath. Weerasingha has also been appointed as a Director on the Board of BASF Lanka (Pvt) Ltd.

Registration opens for SPI’s ‘Business of Plastics Conference’ at NPE2015

NPE2015 attendees can now register for the “Business of Plastics Conference,” a three-day programme held during NPE, which provides business and technical presentations on issues currently of concern to plastics professionals, it was announced by SPI: The Plastics Industry Trade Association, producer of the triennial NPE.

Huntsman Polyurethanes signs distribution deal with Distona

The Polyurethanes division of Huntsman Corporation has formalised a new arrangement with Distona AG, a Swiss distributor of speciality chemicals and raw materials.

Huntsman installs new speciality polyol reactor at Houston site

Huntsman Corporation’s Polyurethanes division has completed the installation of a new reactor at its Terol performance polyols manufacturing facility in Houston, TX, USA, in response to growing demand for speciality polyol products.

International Polyurethane Foam Summit 2014

CBI China invites to the tenth International Polyurethane Foam Summit, which will be held from 19 – 21 November 2014 in Ningbo, China.

Growth for Italian import/exports of plastics and rubber machinery

Assocomaplast, the Italian trade association, belonging to Confindustria, which groups to-gether some 160 machinery manufacturers, has published its latest analysis of the ISTAT fig-ures for Italian foreign trade for the first half of this year. According to the association these figures show a rise in import-exports of rubber and plastics equipment, compared to January-June 2013.

Bayer increases TPU production in India

Bayer MaterialScience announced plans to increase its TPU production capacities in Cuddalore, Tamil Nadu India. With the addition of a second line, the annual capacity of the site will increase to 6,000 t from its current capacity of 2,500 t. The installation is expected to be completed by the 2nd quarter 2015.

Bayer plans to separate MaterialScience unit

Bayer AG has announced its plans to divest the MaterialScience business. The company said it wants to focus on life science with its business units HealthCare and CropScience.

More news can be found in the Archive