AKRON, OHIO (Oct. 24, 2:45 p.m. ET) — More activity in the plasticizer market is featured in this week's Material Insights video, with plastics and chemicals maker Lanxess AG buying Unitex Chemical Corp. of Greensboro, N.C., a maker of phthalate-free plasticizers and other specialty products.
Also, PolyOne Corp. has formed a joint venture with E.A. Juffali & Bros. Co. Ltd. to build a color concentrates plant in Jeddah, Saudi Arabia.
In other news, Flint Hills Resources LLC is seeking a buyer for its 265 million-pound-capacity expanded polystyrene plant in Peru, Ill., and DAK Americas LLC's Jorge Young says his firm plans to keep operating recently acquired PET plants in Sourth Carolina and Mississippi.