CLARKSTON, MICH. — All other things being equal, wooing prospective job prospects often comes down to convincing them they will have opportunities to grow. One local plastics company has learned by experience that the investment is well worth it -- and helps a growing company grow faster.
The biggest deal of 2012 -- in fact, the biggest story in plastics last year -- is a done deal.Spartech Corp. shareholders today approved the company's acquisition by PolyOne Corp. The $393 million deal was first disclosed way back on Oct. 24. Now that Spartech's shareholders have given their consent, the transaction will officially be completed...
BRUSSELS -- Specialty chemicals maker Tessenderlo Group is selling its plastic compounds business to Mitsubishi Chemical Corp. for an undisclosed price.
BANGALORE, INDIA — Alok Masterbatches Ltd. is setting-up its fifth production facility in India. The facility will cater to customers in southern India and Southeast Asia.
HONG KONG -- Hong Kong compounder Ngai Hing Hong Co. Ltd. said a continued shift away from exports and toward the mainland China market, along with some recovery in the United States, pushed sales up 12 percent in the second half of 2012.
ANAHEIM, CALIF. — Sabic Innovative Plastics introduced nine antimicrobial compounds featuring silver technology at the Medical Design & Manufacturing West trade show, held Feb. 12-14 in Anaheim.
CLAYTON, MO. -- Top officials at Spartech Corp. will receive almost $11 million in golden parachute payments if approved as part of the firm's merger with PolyOne Corp.
BANGKOK — Taiwanese bioplastics compounder and equipment supplier Minima Technology Co. Ltd. is making a push into Thailand, setting up a joint venture with one of the country's largest plastic film manufacturers, Thai Plastic Bag Industries...
AVON LAKE, OHIO -- PolyOne Corp. has wrapped up a 2012 year in which the top compounder and resin distributor saw sales rise almost 5 percent and operating income hit record levels in three of its business units.
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