South America


Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of about A$27 million (US$21 million).


Dispute prompts director's resignation from Myers Industries' board

March 19, 2015 10:10 am ET

Plastics manufacturer Myers Industries Inc. disclosed that a director has resigned from its board of directors following a dispute over the board's management.


Myers misses 10-K deadline, citing 'possibly fraudulent activities'

March 18, 2015 9:30 am ET

Myers Industries Inc. of Akron, Ohio, disclosed it is unable to file its form 10-K with the Securities and Exchange Commission by the required date “without unreasonable effort or expense,” in part due to the discovery of “possibly ...


JEC Group planning Brazil event

March 12, 2015 9:29 am ET

The composites trade show JEC Europe is changing its name to JEC World as part of an expanded focus which will also see it develop its first event in south America.


Borealis completes Brazil PP restructuring

March 10, 2015 1:23 pm ET

Polyolefin supplier Borealis AG has completed a restructuring and 45 million euros ($48.8 million) of expansion of its polypropylene compounding operations in Brazil, adding capacity at a plant in Itatiba to supply materials to South America's...


Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per year of MDI production from the market, according to a company announcement.


Ineos to combine ABS unit with Styrolution in Americas

March 4, 2015 10:03 am ET

Global materials firm Ineos Group will combine its ABS resin business with its Styrolution unit in the Americas.


Braskem backs out of multi-billion dollar Comperj project in Brazil

February 17, 2015 4:48 pm ET

Braskem SA is backing away from a planned multi-billion dollar investment in Brazil's largest petrochemical expansion site, the Petrochemical Complex of Rio de Janeiro (Comperj), likely signaling the end for a project that has been delayed over the...


Mexico will benefit from strong US economy, experts say

February 16, 2015 6:00 am ET

Mexico is benefiting from the strengthening U.S. economy, and its plastics industry can look forward to a sustained period of success as a result, analysts at a Mexico City conference concluded.


Water shortage in Brazil may force firms into more costly alternatives

February 13, 2015 11:43 am ET

Months into a worsening water shortage that has South America's largest city on the brink of rationing, The São Paulo state government may soon encourage or force major companies in plastics and petrochemicals to start using more costly...

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