Joint Venture
Materials suppliers Arkema SA and Hexcel Corp. have entered into a strategic alliance to develop thermoplastic composite solutions for the aerospace sector.
Germany's Styrolution GmbH and Braskem SA decided to suspend plans to build a ABS plant in Brazil, due to an adverse market environment and Brazil's economic recession, Styrolution announced recently.
Mocon Inc. and Life Packaging Technology LLC have formed a joint venture aimed at improving time-to-market for pharmaceutical and medical device packaging.
Mauser USA is teaming with Servicios Ambeintales Internacionales to open a new intermediate bulk container joint venture in Mexico that will include reconditioning services.
A trio of Italian plastic machinery companies has formed a network and is retaining Alliance Automation LLC to market their products in the United States and Canada.
Saudi Arabia's Saudi Basic Industries Corp. (Sabic) and South Korean firm SK Chemicals Co. Ltd. said May 27 they are forming a $595 million joint venture to make metallocene linear low density polyethylene.
TECUMSEH, MICH. — A new partnership between Uniloy and mold supplier Big 3 Precision Products Inc. — to develop hot-runner and coinjection technology in the injection blow molding segment — shows how Uniloy's parent company, Milacron LLC, can bring together its Mold-Masters and Kortec businesses to bear on blow molding, company officials said.
Johnson Controls Inc. and SAIC's Yanfeng Automotive Trim Systems Co. Ltd. are forming a global joint venture that will be the world's largest supplier of automotive interiors.
Changchun Faway Automobile Components Co. Ltd. is establishing a mold-making facility for the automotive industry.
Canadian auto supplier Magna International Inc. has created a joint venture with Chongqing Guangneng Rongneng Trim Co. Ltd. to produce front end systems in Hangzhou, China.
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