Driven in large part by the rising use of plastic alternatives for metal in automotive applications, the global masterbatch market is expected to grow at a compound annual growth rate of more than 5.4 per cent through 2024, a new study from market research firm Global Market Insights Inc. predicts.
Affiliates of chemical makers Total SA, Borealis AG, and Nova Chemicals Corp. have signed definitive agreements to form a petrochemical joint venture on the U.S. Gulf Coast.
The purchase doubles the size of LyondellBasell’s existing compounding business and creates a business with combined revenue of $4.6 billion.
Specialty chemicals maker Evonik Industries AG has opened a new production line for specialty polyamide 12 powders at its global production site in Marl, Germany. In a statement, Germany-based Evonik said the new facility primarily produces high-performance powders for the…
Belgium-based specialty chemical supplier Solvay SA is looking for a successor for its CEO Jean-Pierre Clamadieu, following Clamadieu’s appointment as the chairman of French energy company Engie Group.
Material supplier Sabic has announced projects in Asia and the Netherlands designed to increase global capacity for its Ultem polyetherimide (PEI) and Noryl polyphenylene ether (PPE) engineering resins.
Additives and colourants maker PolyOne will begin production of TPEs this summer at its existing facility in Pune, India.
The new 86,000-square-foot facility in Wroclaw is expected to open in summer of 2018, and is anticipated to employ about 25 workers.
After founding Huntsman Container Co. in 1970, he developed the revolutionary polystyrene “clamshell” container used by fast food restaurants like McDonald’s in 1974. In 1982, Huntsman formed Huntsman Chemical Co. in Salt Lake City, Utah.
Headquartered in Tallmadge, Ohio, Chemionics develops and manufactures specialty plastisol and latex formulations.
The Avon Lake, Ohio-based company reported full-year sales of US$3.2 billion for 2017. Revenue increased 15 per cent to US$801 million as a result of increased momentum from commercial resource investments and a 3 per pent contribution from acquisitions.
The purchase, for an undisclosed price, makes Sabic the largest Clariant shareholder.
Bezaire, who currently serves as Nova’s senior vice president, polyethylene business, will retire effective April 1, 2018. John Thayer, currently vice president polyethylene marketing, will assume the role of senior vice president, polyethylene business.
The goal of the new site, located in Yanbu, is to strengthen Clariant’s position in the Middle East and Africa.
After a slight delay, Japanese chemical makers Ube Industries, JSR Corp., and Mitsubishi Chemical Corp. have integrated their ABS resin businesses in a move that was first announced in March 2017. The new company is called Techno-UMG.
A study by UK’s University of Plymouth says that by tearing apart solid plastics, marinelife actually contributes to the spread of microplastics in the marine environment.
PolyOne expands its specialty colour and additives expertise with its acquisition of the Spanish company.
Winnipeg, Man.-based rigid and flexible packaging supplier Winpak Ltd. has announced that its subsidiary American Biaxis Inc. has started to work on an expansion to add annual production capacity of 11,000 to 14,000 metric tonnes of biaxially oriented polyamide (BOPA)…
Polymer Technology, headquartered in Murfreesboro, Tenn., will become part of Ravago’s Amco Polymers’ business, which distributes commodity, engineering, and specialty polymers throughout North America.
In a bid to boost its catalysts technology portfolio and manufacturing network, Columbia, Maryland-based material supplier W. R. Grace & Co. is buying the polyolefin catalysts business of specialty chemical firm Albemarle Corp. for US$416 million. In a statement, W.…