INDUSTRY NEWS
Overview: Industry News
NOVARES: French company to start production in Russia
08/01/2020
Automotive supplier Novares has opened its first plant in Russia. The company rents a 1,860 m² site in an industrial park in Togliatti / Russia that is a manufacturing location to AvtoVAZ, the Russian automaker which is part of ...COVESTRO: Sale of European polycarbonate sheets business to Serafin finalised / Unit renamed Exolon Group
08/01/2020
Covestro completed the sale of its European polycarbonate sheets business to Germanys Serafin on 2 January 2020 see Plasteurope of 20.09.2019. The sale included key management and sales functions throughout Europe as well as production ...INDORAMA: Acquisition of Huntsman's propylene oxide and MTBE activities completed
08/01/2020
Indorama Ventures completed the takeover of Huntsmans propylene oxide and MTBE activities on 3 January 2020. The transaction is valued at around USD 2 bn, with the final purchase price subject to customary post-closing adjustments. ...SOLVAY: Launch of integrated development services for Technyl polyamide parts / Performance-testing lab in France
07/01/2020
Solvay has launched a suite of integrated services to assist customers in fast-tracking new parts made from its Technyl PA range to market. The Hub by Technyl platform brings together Solvays MMI Technyl Design predictive ...ASAHI KASEI: Office for automotive industry opened in near Detroit
07/01/2020
Japanese chemicals and materials manufacturer Asahi Kaseis regional headquarters in North America has opened an office in Novi, Michigan / USA, near Detroit. The site is to strengthen marketing activities mainly for the North American ...POLYPLASTICS: Development of blister-resistant liquid crystal polymer grades
07/01/2020
Japanese engineering plastics specialist Polyplastics has developed two new grades of its Laperos liquid crystal polymer that offer better blister resistance for electronic connectors. Currently in the pre-commercialisation phase, ...ASCEND: Finalised agreement with Alabama for USD 175m ADN capacity expansion / Construction start in 2020
06/01/2020
Ascend Performance Materials has finalised an agreement with the US state of Alabama for an expansion of ADN production capacity at its site in Decatur, Alabama see Plasteurope of 27.05.2019. The USD 175m project is expected to create 150 ...LOGISTICS: Drastic increase in free capacity for European road freight transport
06/01/2020
More free capacity is available in European road freight since industry has implemented further production cutbacks in light of the weak demand for exports and the sluggish economic climate. Available transport capacity rose 15.5% in ...Huhtamaki to acquire full ownership of its Brazilian joint venture company Laminor
06/01/2020
Huhtamaki has recently agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly..BASF: Next-generation "Basotect UF+" insulating foam grade available
06/01/2020
BASF has introduced Basotect UF+, a sound absorbing and thermally insulating foam made from melamine resin that replaces the Basotect UF grade. The lightweight flexible foam is suited for the insulation of rail vehicles and heating, ...