In a move that will see DSM Composite Resins position themselves for further growth into the Chinese market, they have acquired a further 25% stake in their joint venture with Sinopec Jinling Petrochemical Corp. This tak...
Borregaard have just completed their purchase of the Swiss company Atisholz. The acquisition which has cost Borregaard for CHF 130 million, free of liabilities and including working capital was first announced on Septemb...
Atofina, a subsidiary of TotalFinaElf have signed a memorandum of understanding with Samsung General Chemicals which will see them set up a 50/50 joint venture in South Korea.
The joint venture will manufacture and ...
It was announced today that BP Solvay Polyethylene North America will reduce its production capacity of high density polyethylene (HDPE) by 260 million pounds per year.
The BP Solvay joint venture will cease operation...
Developers of direct methanol fuel cell technology for mobile applications, Polyfuel, have secured a further $15.6 million in second round funding from US and Canadian sources. Contributors include Ventures West, Chrysal...
Czech plastics manufacturer Chemopetrol have taken control over their new high density polyethylene production unit from the constructors Linde-KCA-Dresden. The handover has come after the unit completed initial testing ...
Hungarian chemical company Tiszai Vegyi Kombinat (TVK) have just completed the sale of their synthetics and plastics recycling company, Syntumex Kft. Syntumex was sold to Hungarian petrochemicals company Innochem Kft for...
Clariant have just commissioned a new production facility at Coatzacoalcos in Mexico. Opening of this plant completes the first stage of Clariant’s expansion into the Mexican region.
The new facility has a capac...
Israel’s Dor have signed a definitive agreement to purchase Shorko Australia from Basell. Shorko is a wholly owned subsidiary of Basell that produces polypropylene films. The sale is anticipated to be completed by ...
Following a directive issued by China’s State Administration of Quality Supervision (November 20, 2001), China has officially banned the production and sale of all paints and coatings containing more than 500 parts...
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