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Swedish compounder makes first North American plastics acquisition


December 22, 2014 10:19 am ET

Swedish rubber compounder Hexpol AB has made its first North American plastics acquisition, buying the plastics compounding business of RheTech Inc. for $112 million.

China's Jinming honored as global partner by ExxonMobil


December 22, 2014 12:08 pm ET

Guangdong Jinming Machinery Co. Ltd. has been recognized as a global strategic development partner by ExxonMobil Chemical Co.

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Ferro sells another piece of its plastics business


December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.

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Antimicrobial polymers firm TiFiber launching pilot production in Ark.


December 19, 2014 10:58 am ET

TiFiber Inc., which makes synthetic compounds to control dangerous microorganisms, will locate a pilot production facility and its future company headquarters in Fort Smith, Ark.

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Patel named LyondellBasell CEO


December 19, 2014 9:56 am ET

Bhavesh V. “Bob” Patel has been named CEO of Houston-based polyolefins producer LyondellBasell Industries NV, effective Jan. 12.

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Momentive to get a new name in January


December 19, 2014 9:45 am ET

Momentive Specialty Chemicals Inc. will change its name to Hexion Inc., effective Jan. 15.

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Thailand's SCG Chemicals buying Norwegian chemical firm Norner


December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS from the current Norwegian owners, private equity fund E&M.

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BASF to sell its share in Singapore JV


December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore to its partner Shell.

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Sabic: Rapid demand growth led to Ultem shortage


December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for the high-performance polymer.

McCann expanding in Ohio


December 17, 2014 11:59 am ET

Compounding firm McCann Plastics will spend $1.2 million on an expansion project that will create 15 new jobs at its plant in Green, Ohio.

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