NLG takes shot at N. America film market
PITTSBURGH — A Chinese firm has become the latest entrant in North America's polyester film market.
Neo-Luck Group created a subsidiary, NLG Plastic Inc., that opened its headquarters and distribution center in Pittsburgh in early June. NLG President Mark Stulga said this marks the first time Neo-Luck has tried to crack the North American market. NLG also will be responsible for marketing and distribution in Europe.
NLG will offer biaxially oriented PET in untreated and corona discharge-treated films in gauges as thick as 3 mils and as wide as 83 inches. Neo-Luck makes the films at a 50 million-pound-per-year plant in Weifang, China. NLG will target various markets, including packaging, graphics and electronics.
Stulga said in a telephone interview that Neo-Luck began production in China about a year ago on a line supplied by Bruckner-Maschinenbau GmbH & Co. of Siegsdorf, Germany.
The Weifang PET operation is completing ISO 9001 registration, NLG noted in a news release. All its output is tested against ASTM and DIN standards before shipping, NLG added.
Firms settle PET container patent suit
LOS ANGELES — Graham Packaging Holdings Corp. and Schmalbach-Lubeca Plastic Containers USA Inc. on June 12 settled their lawsuits over competing patent claims for hot-fill PET bottles.
Both companies denied liability for any of the claims brought against them. Financial terms of the settlement were not disclosed.
Under the deal, Graham of York, Pa., and Schmalbach-Lubeca of Manchester, Mich., have cross-licensed each other to use certain patents relating to hot-fill PET plastic container design, including the design of pinch-grip bottles.
A U.S. District Court in Los Angeles had entered a summary judgment in March finding that Graham's pinch-grip, hot-fill PET bottles infringed on two patents now owned by Schmalbach-Lubeca.
Both companies have agreed not to comment on the recent settlement, according to officials.
Putrusion council votes to stay with CI
NEW YORK — The Pultrusion Industry Council has voted to remain with the Composites Institute in New York, turning back a challenge from some former members who left to join the rival Composites Fabricators Association.
CI officials announced the vote June 18, and hailed it as an endorsement of their programs, particularly their work with the Environmental Protection Agency in developing pultrusion maximum achievable control technology emissions standards and a guide for load and resistance factor structural design.
CI and CFA have been openly feuding since most of CI's former board resigned in March and urged CI companies to affiliate with CFA. The former CI leaders were angered by what they said was poor management by CI's parent, the Society of the Plastics Industry Inc. of Washington, and lack of control over dues.
One of the leaders of the effort to convince the PIC to leave, P. Richard Dirienzo, president of Haysite Reinforced Plastics in Erie, Pa., said CFA's new pultrusion group will have an organizational meeting June 29 in Pittsburgh.
Lyondell agrees to buy Arco Chemical
HOUSTON — Lyondell Petrochemical Co. and Arco Chemical Co., both spinoffs of petroleum giant Atlantic Richfield Co., may be reunited under Lyondell ownership.
Houston-based Lyondell on June 18 announced it reached a definitive agreement to buy Arco Chemical of Newtown Square, Pa., for $57.75 per share, which totals $5.6 billion. Arco Chemical's majority owner, Atlantic Richfield, will tender all shares, according to a news release. The transaction would close early in the third quarter if all goes smoothly.
The deal would give Lyondell a leadership position in propylene oxide and its derivatives: notably polyols for polyurethanes. Arco Chemical is a major producer and marketer of toluene diisocyanate — which combine with polyols to form flexible polyurethanes.
Arco Chemical also had announced plans to start producing polypropylene by 1999 at a new 400 million-pound-per-year plant in California. Lyondell officials could not be reached to comment if the acquisition would change those plans. Lyondell already produces PP and polyethylene through its Equistar joint venture with Millennium Chemicals Inc. and Occidental Chemical Corp.