Industry News

Overview: Industry News

Page of 11

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 ...
Read more

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 ...
Read more

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 ...
Read more

UNIVAR: David Jukes set to become distributor's president and CEO

13/02/2018

Univar has announced that David Jukes will become the chemical distributor's president and chief executive from 9 May 2018. He will take over from Stephen Newlin, the firm's current chairman and chief executive, who is set to become ...
Read more

CONSTANTIA FLEXIBLES: Packaging manufacturer expands capacities in India / Two-digit million euro investment

13/02/2018

Constantia Flexibles is currently building a plant near its production site in Ahmedabad, Gujarat / India. The packaging manufacturer is investing around INR 1 bn in the capacity expansion, which is at its subsidiary Parikh Packaging. ...
Read more

FAIRS: Moscow plastics trade fair radiates growth / Italy and Germany report strong increases in exports to Russia

13/02/2018

At the plastics trade fair "interplastica 2018” and the parallel packaging trade fair "upakovka”, roughly 900 companies from 30 countries presented themselves from 23 to 26 January 2018. Some 24,900 professionals from Russia and ...
Read more

LANXESS: Acquisition of Solvay's phosphorus additives business complete

13/02/2018

Announced in November 2017, the acquisition of the US-based phosphorus additives division of Solvay by speciality chemicals group Lanxess has been successfully completed - see Plasteurope of 17.11.2017. The business generates annual sales of ...
Read more

PLASTICS AND ENVIRONMENT: EU discussing plastic tax / Internal decision on action in July / Hot topic at Petcore conference

12/02/2018

When the EU recently published its plastics strategy for the next 10 to 15 years, there was a collective breath of relief in the industry - see Plasteurope of 19.01.2018. The recent push by EU budget commissioner Günther Oettinger to introduce ...
Read more

MATTEL / HASBRO: Toy makers' revenues take a hit amid disappointing Christmas sales

12/02/2018

US toy giant Mattel said sales plunged by 12% year-on-year to USD 1.6 bn for the fourth quarter of 2017, dragged down by a disappointing Christmas business. The net loss during the crucial holiday period amounted to USD 281.3m, and USD ...
Read more

EXXONMOBIL: Baytown ethane cracker ready to start / Shale fuels more Gulf investment

12/02/2018

The new 1.5m t/y shale gas-fed ethane cracker planned by ExxonMobil Chemical at its headquarters site since 2012 - see Plasteurope of 05.06.2012 - is now mechanically complete and ready to start up in Q2, the company said. The facility, part ...
Read more
Page of 11