Mark Garrett, CEO of Austrian material supplier Borealis, is leaving the company effective July 2, and will be replaced by current executive vice president Alfred Stern.
North America is expected to become second largest market for Clariant with about $2 billion turnover forecasted by 2021.
Sporting a silver metallic, pearlescent-effect finish, the world’s first HDPE bottle molded from 100 per cent ocean-bound plastic has just hit the market.
The 200,000-square-foot facility in High Point, N.C. is due for completion this summer, and represents a $4 million investment.
AkzoNobel is all set to sell of its specialty chemicals segment to Carlyle Group, a U.S. private equity firm. The deal will be for $12.5 billion in order to transform the company into a focused supplier of paints and coatings.
Luxembourg-based resin distributor Plastiche is owned by the Roussis family, which also controls Ravago, another major distributor of thermoplastic resins.
The Germany-based styrenics supplier is commissioning an engineering study to build the plant at an as-yet undetermined location.
The merger will add Topas-brand cyclic olefin copolymer resins to Polyplastics USA’s existing portfolio of acetal, polybutylene terephthalate, and polyphenylene sulfide engineering polymers.
Sigma received a $3.5 million interest-free financial contribution from the Quebec government’s ESSOR program, which provides financing to help companies carry out long-term development projects.
Chemical maker Borealis AG and United Chemical Company LLP have signed a joint development agreement to build a world-scale polyethylene project, integrated with an ethane cracker, in the Republic of Kazakhstan.
The blast occurred inside a plant belonging to Unipetrol, an oil processor and plastics producer in the Czech Republic.
Tokyo-based Toray, said to be the world’s largest carbon fibre manufacturer, will pay 930 million euros for TenCate to shore up its thermoplastic composites capabilities.
The $80 million expansion includes new capacity being added in key plants in North America, Europe, and Asia.
Andrew Liveris to depart next month as Jim Fitterling will become the CEO of the new Dow.
The technical foam facilities of Mississauga, Ont.-based Woodbridge and Inoac in North America and South America will operate under the name Woodbridge Inoac Technical Products.
Cleveland, Ohio-based HyComp supplies composite components made with proprietary carbon fibres and thermoplastic materials.
New products and film structure designs from Nova Chemicals Corp. are designed to help keep food fresh in transit.
The acquisition adds another 100,000 square feet of manufacturing space to Pregis’ capabilities, as well as 150,000 square feet of warehouse space to the Pregis network.
Clarkston, Mich.-based thermoplastic resin distributor General Polymers Thermoplastic Materials LLC has appointed Terinex International Ltd., of Saint-Lazare, Que., as its representative in eastern Ontario, Quebec, and the Maritime provinces.
Driven by a high demand for high-performance plastics and significantly higher margins, the Germany-based company increased group sales by 18.8 per cent to 14.1 billion euros over the past fiscal year.