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KraussMaffei assembling MX presses in China


May 28, 2013 5:05 pm ET

GUANGZHOU, CHINA — German machinery company KraussMaffei Group GmbH began assembling MX-series injection molding machines at its plant in Haiyan, China, in the first quarter of this year, KM's China CEO Harald Schweitzer said in a news...

Chinaplas 2013 draws 114,000 visitors


May 27, 2013 10:03 am ET

GUANGZHOU, CHINA – The pace of growth may have slowed a bit, but the massive Chinaplas show just keeps rolling on. The four-day show's 114,000 attendees (excluding more than 40,000 exhibitor staff and media) represented an increase of nearly 4 percent over the 109,858 attendees from 140 countries that attended the April 2012 show in Shanghai.

Shale gas, integration driving Ascend’s nylon strategy


May 27, 2013 10:05 am ET

GUANGZHOU, CHINA – As part of a strategy to secure its position as the world’s only fully integrated maker of nylon 6/6 resins, Houston-based Ascend Performance Materials Inc. plans to start up a new, 30,000-metric-ton compounding extrusion line by June 1 at its Pensacola, Fla.

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Adsale: Chinaplas 'definitely' should be a five-day show


May 23, 2013 4:49 pm ET

GUANGZHOU, CHINA — Organizers of the massive Chinaplas trade fair, which at 220,000 square meters is the world's second-largest plastics show, said they strongly want to expand the show by another day to five days but are limited by the tight...

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Polyolefin supplier Borouge investing in Asia


May 22, 2013 1:22 pm ET

GUANGZHOU, CHINA — Polyolefin supplier Borouge has reorganized its China operations to reflect the growing importance of the region to its global business.

China's Kingfa, India's Hydro discuss tie-up


May 22, 2013 1:32 pm ET

GUANGZHOU, CHINA — Chinese compounder Kingfa Sci. & Tech. Co. Ltd. is in advanced negotiations to make an investment in Indian compounder Hydro S&S Industries Ltd., in what would be its first production outside China, executives from both companies said May 22.

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A. Schulman steps up investment in Asia


May 22, 2013 1:35 pm ET

GUANGZHOU, CHINA — Materials firm A. Schulman Inc. is in the midst of an expansion that is more than doubling capacity at its compounding plant in Dongguan, China, part of a broader effort to make Asia a much larger portion of global sales.

For first time, Engel sales in Asia top the Americas


May 21, 2013 12:41 pm ET

GUANGZHOU, CHINA — Injection press maker Engel Austria GmbH said sales in Asia topped the Americas for the first time ever in its most recent fiscal year, reaching a record for the region at 145 million euros and accounting for 18 percent of its 950 million euros in global revenue.

Lanxess details plans for pigment plant in Ningbo


May 20, 2013 12:19 pm ET

GUANGZHOU, CHINA — Specialty chemicals company Lanxess elaborated on its plans to build a red iron oxide pigment plant in Ningbo, at a news conference just before Chinaplas.

BASF project in China aims to show viability of bioplastics in composting food waste


May 20, 2013 12:54 pm ET

GUANGZHOU, CHINA — German plastics maker BASF SE hopes to seed the market for biodegradable plastics in China with a trial program composting household food waste in 100,000 homes in the central Chinese city of Wuhan.

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