A. Schulman buying France's Elian SAS
FAIRLAWN, OHIO (Jan. 31， 2012) -- Compounder A. Schulman Inc. is expanding in Europe and boosting its specialty color masterbatch business, buying Elian SAS from British Vita plc.
Indorama planning integrated PET plant in India
BANGKOK (Jan. 31, 2012) -- Indorama Ventures Public Co. Ltd. (IVL) plans to build an integrated purified terephthalic acid), PET resin and polyester staple fiber plant in India, with a third-party
paraxylene producer.
Global packaging to reach $820 billion by 2016
LONDON (Jan. 31, 2012) -- The global packaging industry will grow in value to almost $820 billion by 2016, predicts a new report from Pira International, driven mainly by increasing demand for
packaging in emerging and transitional economies.
Dr. Schneider expands in China and Mexico
KRONACH-NEUSES, GERMANY (Jan. 31, 2012) -- German auto supplier Dr. Schneider Group will spend 5 million euros to open new manufacturing facilities in China and Mexico. CEO Klaus Fricke said the
plants answer requests from customers to expand with them in China and North America.
Eastman buying Solutia for $3.4 billion
KINGSPORT, TENN. (Jan. 31, 2012) -- Specialty plastics and chemicals maker Eastman Chemical Co. has acquired Solutia Inc. -- a maker of specialty plastic films and specialty chemicals -- for almost
$3.4 billion.
Mold-Masters spends $20 million to expand China hot-runner plant
GEORGETOWN, ONTARIO (Jan. 31, 2012) -- Fast-growing markets In Asia have prompted Mold-Masters Ltd.to recently complete a $20 million expansion of its Kunshan, China, hot runner plant.
Appeals court affirms Dow's victory in PE patent case
WASHINGTON (Jan. 31, 2012) -- Dow Chemical Co. has won a $76 million settlement from Nova Chemicals Corp. in a legal conflict over enhanced polyethylene resins.
Dow and Teknor Apex working together on flexible PVC
PAWTUCKET, R.I. (Jan. 31, 2012) -- Materials firms Dow Chemical Co. and Teknor Apex Co. are working together to make flexible PVC compounds using Dow’s bio-based plasticizers. Teknor already has
sent one shipment of the new compounds from its Pawtucket plant. The products also may be made at Teknor’s other U.S. plants as well as in plants in England and China.
Mexico's plastics sector grew 10 percent in 2011
MEXICO CITY (Jan. 31, 2012) -- Mexico’s plastics industry grew 10 percent to just over $20 billion in 2011. But an industry official noted the lack of government support. “The industry would grow
much faster if there were. Even Taiwan, an island 245 miles long, builds more machinery than we do.â€
Duncan tapping into China's booming yo-yo market
HONG KONG (Jan. 24, 2012) -- The classic American plastic yo-yo is becoming big business in China.
Toy manufacturer Fu Hong growing its own brand
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Colorado prof. researching catalysts for bioplastics
FORT COLLINS, COLO (Jan. 24, 2012) -- Eugene Chen, a chemistry professor at Colorado State University, has developed several patent-pending chemical processes for converting non-edible plant biomass
into bioplastics.
Minth and Tokai Kogyo form auto parts joint venture
HONG KONG (Jan. 24， 2012) -- Chinese auto parts maker Minth Group Ltd. is forming a $5 million (31.5 million yuan) joint venture with Japanese plastic and rubber products maker Tokai Kogyo Co. Ltd.
Keyuan building ABS plant in Guangxi
NINGBO, CHINA (Jan. 24, 2011) -- China’s Keyuan Petrochemicals Inc. said Jan. 19 it plans to build a 400,000 metric ton ABS resin plant in Guangxi province, allowing it to expand its markets in
south and west China and in Southeast Asia.
China forecasts 8 percent growth for 2012 auto sales
BEIJING (Jan. 24, 2012) -- China's sales of light vehicles and commercial trucks rose 2.5 percent to 18.5 million units last year -- a record level despite a sharp slowdown in the growth rate.
China's state-owned suppliers seek U.S. acquisitions
DETROIT (Jan. 24, 2012) -- It might be going too far to call it a buying spree, but China’s state-owned automotive suppliers are looking for U.S. acquisitions this year.
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