INDUSTRY NEWS
Overview: Industry News
SONGWON: Distribution agreement for PVC additives in India with Makwell Plastisizers
18/01/2021
South Korean chemical producer Songwon has signed a distribution agreement for PVC additives in India with Makwell Plastisizers, with effect from December 2020. Makwell is a five-decade-old manufacturer and distributer of PVC additives, ...RADICI: PA specialist invests EUR 15m in production line for meltblown nonwovens / Aim to reduce dependence on imports for face masks
18/01/2021
Italian polyamide and fibre producer Radici has invested EUR 15m in a new production line for meltblown nonwovens. The new line is being set up at Tessiture Pietro Radici, one of the groups companies based in Bergamo near Milan, and is ...ETIMAG: Turkish label maker forms subsidiary / Purchase of Brückner system for shrink film production
18/01/2021
Shrink sleeve specialist Etimag has ordered a shrink film line from German machine maker Brückner for its new domestic subsidiary Plasmag Plastik Film Ambalaj Sanayi. The three-layer system for monoaxially oriented PET shrink films is ...SINOPEC: Construction for EUR 444m large tow carbon-fibre plant begins in China
18/01/2021
Sinopec Shanghai Petrochemical has started constructing a production plant for 48k large-tow carbon fibre. The CNY 3.5 bn project is expected to produce 24,000 t/y of carbon fibre precursors and 12,000 t/y of the 48k large-tow carbon ...WIRTHWEIN: German auto supplier assumes full control of Chinese JV / Higher capacity utilisation with follow-on orders
15/01/2021
German car components supplier Wirthwein said that in December 2020 it took control of all shares in Shenyang Wirthwein Technology, a 50/50 joint venture founded in 2018 with Chinas Changshu Automotive Trim. Lars Lederer, the German ...BASF: New technical development centre opens in Thailand
15/01/2021
German chemicals giant BASF has announced the opening of an ASEAN technical development centre adjacent to its existing polyurethane system house at the companys Bangpoo site in Phraeksa / Thailand. The company said the new facility is ...ADDMASTER: UK additives company snapped up by Swedish rival
15/01/2021
Swedish additives group Polygiene has bought Addmaster, a 20-year-old additives specialist in the UK founded by managing director Paul Morris. The pair said the deal, which was announced in the second week of January, would allow both ...PLASTIC FANTASTIC: Fashionability, sustainability, lip-readability
15/01/2021
From sewing leftover cloth and waste polymers into toys as a child to making facemasks out of plastics waste to help the hearing-impaired 24-year-old Juliet Namujju from Uganda has come a long way. Her sustainable fashion label, Kimuli ...AGILYX: Feasibility study with Braskem for plastics recycling project in North America
14/01/2021
US chemical recycling company Agilyx has announced the initiation of a feasibility study with Braskem to explore the development and construction of an advanced plastics recycling project in North America. The project aims to find an ...SASOL: Sale of PE producer Gemini to Ineos completed
14/01/2021
As planned, South African oil and petrochemicals group Sasol has completed the sale of its joint venture stake in US-based HDPE manufacturer Gemini to venture partner Ineos Olefins and Polymers USA. The subsidiary of UK-based Ineos, ...