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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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Composites help Orion space capsule blast off, splash down safely


December 5, 2014 2:30 pm ET

Plastic composites replaced titanium in key components of the Orion space capsule, which both launched into and returned from space today.

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A. Schulman doubling capacity in Dongguan


December 5, 2014 12:25 pm ET

Increased demand has led materials firm A. Schulman Inc. to double manufacturing capacity for masterbatch concentrates at its plant in Dongguan, China.

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Companies scramble in wake of ongoing PEI resin shortage


December 4, 2014 4:50 pm ET

Shortages of high-performance resin polyetherimide could drag on for several months, according to Sabic Innovative Plastics, the only producer of the base resin.

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