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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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Israeli compounder building $13.1 million facility in North Carolina


December 12, 2014 1:14 pm ET

Tosaf USA, a subsidiary of Kfar Yona, Israel-based Tosaf Compounds Ltd., will build a compounding and masterbatch production facility in North Carolina to serve U.S. processors in a wide range of industries, including automotive, medical, electrical ...

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PPS resin maker Lumena cuts production after ‘difficulties’ with banks


December 12, 2014 11:47 am ET

Polyphenylene sulfide resin maker China Lumena New Materials Corp. said it’s having difficulty “maintaining the continual support” of its banks and creditors, following months of being unable to answer allegations from two analyst...

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Resin distributor Biesterfeld Plastic buys out partner in Biesterfeld Nordic


December 11, 2014 12:21 pm ET

Hamburg, Germany-based Biesterfeld Plastic GmbH, a distributor for the European plastic and rubber industry, announced that it has bought the shares owned by Fred Holmberg in their mutual joint venture, Malmö, Sweden-based Biesterfeld Nordic AB.

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Biodegradable plastics maker MHG discusses future initiatives with BASF


December 11, 2014 12:17 pm ET

Meredian Holdings Group Inc., a maker of biodegradable plastic, announced that it recently held meetings with chemicals giant BASF SE to discuss potential link-ups.

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Compounder RTP buys assets of Alloy Polymers


December 10, 2014 6:23 pm ET

UPDATED — Engineering resins compounder RTP Co. has acquired most of the assets of Alloy Polymers, a toll compounder based in Richmond, Va.

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Study: Locally owned firms see fastest gains in China’s chemical market


December 9, 2014 8:59 am ET

Privately owned chemical companies in China are seeing the fastest sales growth, closing the technology gap with foreign-owned firms, according to a new study.

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DSM launches R&D center in China


December 9, 2014 8:53 am ET

Royal DSM NV’s composite resin business has launched a R&D center in Nanjing.

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Brazilian-owned buyer to reopen Ohio films plant


December 8, 2014 4:08 pm ET

UPDATED — The 70 workers at Dow Chemical Co.’s polyolefin films plant in Findlay, Ohio, have received an early Christmas present — the plant will remain open under new ownership rather than close as previously announced.

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Performance Fibers sells Asian business to Indorama


December 8, 2014 2:29 pm ET

BANGKOK — Global petrochemicals producer Indorama Ventures PCL (IVL) has reached a definitive agreement to acquire Performance Fibers Asia, the Asian business of Performance Fibers.

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