Industry News

Overview: Industry News

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BOREALIS: Stable net profits and higher sales in 2017 on healthy polyolefins margins and Borouge / Major projects over coming years to boost growth

16/02/2018

Healthy integrated polyolefin margins and a strong profit contribution by Borouge have kept annual profits for Borealis above EUR 1 bn in 2017. The major polyolefins producer announced a net profit of EUR 1.1 bn, which was roughly in ...
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BASF joins the World Plastics Council - Addressing topics of global relevance - Uniting efforts to promote responsible use of plastics

15/02/2018

BASF joined the World Plastics Council (WPC), a global organization of key leaders in the plastics industry. The WPC promotes industry topics of global relevance like the..
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PET: Petcore Europe and European Aerosol Association establish working group for plastic aerosols recycling / Containers over 220 ml potentially allowed from 2020 onward

15/02/2018

At the request of the European Aerosol Federation, aerosol dispensers will potentially be allowed for containers larger than 220 ml capacity from 2020 onward in Europe. The association is campaigning for an amendment to the EU "Aerosol ...
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EUROSTAR: UK train operator looks to cut plastic use by 50% / Move is part of 10-point plan to "tread lightly"

15/02/2018

High-speed train operator Eurostar has promised to slash the amount of plastics it uses on its train services between the UK and France and Belgium by 50% over the next three years. How much plastics waste this will amount to is not ...
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DSM: Global price increases for several high performance plastics

15/02/2018

Royal DSM, a global science-based company active in health, nutrition and materials, today announced that significant and continuing cost increases of main raw materials..
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SONGWON: Production of "Songnox” antioxidant begins at India plant

15/02/2018

Songwon has started production of "Songnox” 5650 high molecular weight, multi-function phenolic antioxidants at its Panoli plant in Gujarat / India. The company said the new production of the antioxidant, which is used for elastomers and ...
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LEGO: Share of German toy market erodes further / 2017 "not an easy year”

15/02/2018

Even if the decline of 0.4% was negligible, Lego Deutschland, subsidiary of the largest European toy manufacturer, Lego, lost a little more of its footing in the markets of German-speaking Europe in 2017. With a share of 16.8% in ...
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SIMBA DICKIE: Consolidations put significant brake on German toy group / Sales only slightly above previous year's level

14/02/2018

Toy manufacturer Simba Dickie can look back on fiscal 2017 with limited satisfaction. It was a year shaped by consolidation and a slimming-down process. Sales grew 3.3% amounting to just EUR 645m, compared to EUR 640m in 2016. Earnings ...
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SEKISUI CHEMICAL: Films capacity expansion in the Netherlands / Output to meet rising demand from car industry

14/02/2018

Sekisui Chemical is spending about JPY 20 bn to expand resin and films production in the Netherlands. The measure is to meet growing demand from the automotive industry. Output of PVB resin at its Chemelot site in Geleen will rise by ...
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COVESTRO: New polycarbonate for medical applications / Durability and chemical resistance in drug administration components

14/02/2018

With its "Makrolon” Rx3440 polycarbonate, polymer producer Covestro presents a new solution for pharmaceuticals administration. According to the company, the material prevents cracking and damage to intravenous connector components ...
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