The German chemical maker is breaking new ground in the circular economy with plastic waste as a source of raw materials.
Bayport is a 50/50 joint venture owned by Total S.A. and Novealis Holdings LLC, which is itself a joint venture of Nova and Borealis AG.
Citing a disagreement over the deal’s interpretation, BASF is pulling out of its Synvina bioplastics joint venture agreement with Avantium, which was formed in 2016.
Covestro calls the new line a first step in its global capacity expansion for films.
The deal is designed to expand Montreal-based Intertape Polymer’s woven business by giving it increased access to the U.S. market and a new facility in India.
Swiss-based MB Barter is a global distributor of commodity polymers, PET, and rubber globally, with 30 offices worldwide.
The thermoplastic resins distributor is now the North American distributor of PP from Borealis’ new PP compounding facility in Taylorsville, N.C., as well as imported PP, polyethylene, and Queo polyolefin plastomers and elastomers.
The $50,000 scholarship marks the 50th anniversary of Nova’s Geismar olefins facility.
The acquisition is part of Covestro’s expansion plan for its TPU business.
The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.
The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.
The deal, which is part of Ashland’s plans to focus on specialty chemicals, also includes the sale of its butanediol manufacturing facility in Marl, Germany.
Trained as a polymer chemist, Maine worked in Quebec and Ontario and was perhaps best known for his work on oriented polymer composites.
The US$80 million site in Zhangjiagang, Jiangsu Province is expected to become operational in 2020 with expansion through 2023.
In the first phase of the partnership, the companies will start replacing fossil-based ethylene and propylene used in Clariant’s hot-melt adhesives with monomers derived from Neste’s renewable feedstock.
The purchase was made by LCY’s green sciences division, LCY Biotechnology, and includes BioAmber’s shuttered plant Sarnia, Ont.
The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.
Specialty chemical maker Vertellus Holdings LLC has named former PolyOne Corp. executive John Van Hulle as its new CEO. In a statement, Indianapolis, Ind.-based Vertellus said Van Hulle brings more than three decades of leadership experience in the specialty chemical…
The 47-year-old victim was killed on Oct. 24 after being pinned by a drum dumper, which loads material into a hopper, at Dow’s polyethylene plant in Red Deer.
The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.