Bayport Polymers to double polyethylene capacity at Texas siteby Canadian Plastics
The new unit will use Borstar technology and more than double the site’s polyethylene capacity to 1.1 million tonnes per year, with a start-up scheduled in 2021.
Sun Chemical names Myron Petruch as president and CEOby Canadian Plastics
Petruch assumes leadership of Parsippany, N.J.-based Sun Chemical after serving as president of Sun Chemical Performance Pigments and general manager of the Pigments Products Division since 2008.
Westlake Chemical acquiring compounder Nakan for $265 millionby Canadian Plastics
France-based Nakan has eight production facilities worldwide and makes products used in the automotive, building and construction, and medical industries.
Mitsui Chemicals to establish production facility in Ohio for long-glass-fibre-reinforced polypropyleneby Canadian Plastics
Construction of the facility is scheduled to be completed in September 2019, with start-up planned for October 2019.
Chemical distributor Univar buying competitor Nexeo Solutions for $2 billionby Canadian Plastics
But Univar also said that it has hired an external advisor “to evaluate strategic alternatives for Nexeo’s industry-leading plastics business, which may include a potential divestiture of the business.”
Clariant and Sabic to merge parts of their materials businessesby Canadian Plastics
A memorandum of understanding signed by the two companies calls for Clariant to combine its additives and high value masterbatches with parts of Sabic’s specialties business to create a new joint venture business for high performance materials.
Ravago buys resin distributor Bolcof-Port Polymersby Canadian Plastics
California-based Bolcof’s sales territory includes key accounts in Canada.
Swiss polymer suppliers Rehau, MB Barter merging into $2.5 billion businessby Canadian Plastics
Rehau and MB Barter will combine both their competencies in a new organization under one umbrella brand.
Invista adding 40,000 tons of nylon 6/6 capacity in Shanghaiby Canadian Plastics
Construction of the new project is targeted for mid-2019 and production is scheduled to begin in 2020.
Purging compound maker Sun Plastech names Joseph Serell as its presidentby Canadian Plastics
Sun Plastech Inc., the manufacturer and distributor of AsaClean purging compounds, has appointed Joseph Serell as its new president. Serell succeeds outgoing president Glenn Kornfeld, who will assume new responsibilities at Sun Plastech’s parent company Asahi Kasei America, which is…
Sabic approved to buy minority stake in Clariantby Canadian Plastics
Chemical maker Sabic has won regulatory approval to buy a quarter of Swiss chemicals maker Clariant, which will make it Clariant’s biggest single shareholder.
Breen, Chroma, Carolina, and Hudson Color merge to form new colorant companyby Canadian Plastics
The four companies are all owned by New York City-based private equity firm Arsenal Capital Partners.
L.V. Lomas’ Canadian operation renamed IMCD Canada Ltd.by Canadian Plastics
The name-change comes one year after the specialty chemical distributor was purchased by IMCD.
Total sells its polystyrene business in China to Ineos Styrolutionby Canadian Plastics
The deal includes the purchase of the wholly owned Chinese polystyrene business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai.
Conventus Polymers to distribute Kumho Polychem’s line of TPVs in North Americaby Canadian Plastics
Kumho Polychem’s Innoprene TPV line includes 43 grades which are targeted for seal, gasket, cover, and hose applications for the automotive, industrial, electrical, sporting goods, and furniture markets.
Lightweighting, fuel efficiency drive high-performance plastic demand across auto, aerospace sectors: reportby Canadian Plastics
Adoption of composite-grade HPPs could take the global market past US$3 billion by 2024, a new study by Frost & Sullivan says.
Teijin to acquire Inapal to expand European automotive businessby Canadian Plastics
Inapal, headquartered in Portugal, is a Tier One supplier of composite components to the automotive and heavy truck industries.
LyondellBasell completes $2.25 billion Schulman acquisitionby Canadian Plastics
The combined operations will create the largest compounding company in the world with some 6,600 employees and annual revenue expected to exceed $4.6 billion.
Sabic now collaborating with design firm Nottingham Spirkby Canadian Plastics
The goal of the collaboration is to develop new uses for Sabic’s specialty materials.
Invista to build $1 billion adiponitrile plant in Chinaby Canadian Plastics
The U.S.-based material firm says it will be the first large new plant for the nylon 6,6 raw material in 35 years.