Industry News

Overview: Industry News

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HEXCEL: Aerospace & Defense division acquired in full from PEKK specialist Oxford Performance Materials

13/12/2017

For an undisclosed amount, composites specialist Hexcel is to buy the Aerospace & Defense business of polyether ketone ketone specialist Oxford Performance Materials. The transaction is expected to be completed before the end of ...
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DS SMITH: H1 pre-tax profit dips slightly / Rising material costs weighed on strong volume growth

13/12/2017

Packaging maker DS Smith saw its pre-tax profit in the first-half to end-October dipping to GBP 144m, down 1% on a reported basis and declining 5% on an adjusted basis, as higher input costs offset healthy demand for corrugated boxes. ...
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FREUDENBERG: Another acquisition in Household Products segment / Purchase of Australian E.D. Oates

13/12/2017

The Freudenberg Group is expanding its Household Products business with another buy. For an undisclosed sum, Freudenberg Household Products has signed a deal to acquire the Australian household and cleaning products manufacturer E.D. ...
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BORSODCHEM: TDI capacity to expand in Hungary

13/12/2017

Isocyanate producer BorsodChem plans to expand TDI production at its site in Kazincbarcika. The subsidiary of Wanhua Chemical is responding to rising global demand for its "T65" and "T100" grades by doubling capacity of its ...
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CLARIANT: Launch of 3D printing business / Custom and standardised solutions

12/12/2017

Leveraging its lengthy experience in tailoring polymers for a broad range of end-market applications, Swiss speciality chemicals producer Clariant is launching a 3D printing business to provide high-quality products for premium and ...
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AUTOMOTIVE INDUSTRY: EU imposes antitrust fines on five airbags, seat belts and steering wheels suppliers

12/12/2017

The European Commission has fined five manufacturers of airbags, steering wheels and seat belts a total of EUR 34m for breaching EU antitrust rules. The EU said the companies were involved in one or more of four cartels for supplying auto ...
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EVENTS: Annual "Petcore Europe Conference" will focus on PET in the circular economy

12/12/2017

Petcore Europe's next annual meeting will be held in Brussels from 7-8 February 2018. The conference has been extended into a two-day event following the success of recent years' editions. The most recent "Petcore Europe ...
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DSM: Price increase for Polyamide 6

12/12/2017

Royal DSM announces price increases in the EMEA region for its "Akulon" and "Novamid" polyamide 6 unfilled polymer grades for film, extrusion and injection molding. These price..
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ONE51: Irish packaging group changes name to IPL Plastics as part of reorganisation / Group aiming for stock market listing by end of 2018

12/12/2017

Shareholders in One51, the rigid plastics packaging manufacturer, recently gave their unanimous seal of approval to the group's change of name to IPL Plastics, in which it owns a near-67% stake. The name change is part of a ...
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MARINE LITTER: Port of Antwerp and companies sign pledge to collaborate on plastic pellet loss prevention

11/12/2017

With an area of 12,068 hectares, Antwerp is considered the biggest port area in the world, and the plastics hub of Europe, says PlasticsEurope. With this in mind, the plastics value chain came together in the Port of Antwerp to formalise ...
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