NEWS

Our news section covers latest news in plastics industry/technology that helps to power the business and customer experiences by providing the latest plastics industry news. Our international business news accelerates customer centricity and agility. They allow our potential clients for continual refinement.

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French oil and gas major Total has made a final investment decision to expand its Texas Bayport Polymers joint venture to double polyethylene production capacity to around 1.1 million tonnes a year, the company said. Total said it aimed to become a major player in the U.S. polyethylene market when…

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Westlake Chemical Corporation announced today that it has issued an exclusive, binding offer to acquire NAKAN, a global compounding solutions business, from Los Angeles-based private equity firm, OpenGate Capital. NAKAN, headquartered in Reims, France, has eight production facilities, located in China, France, Germany, Italy, Japan, Mexico, Spain and Vietnam, as…

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IntraPac International Corporation (“IntraPac”), a designer and manufacturer of rigid packaging solutions, announced today that it has acquired Quality Plastics, LLC (“Quality Plastics”), an Arizona-based manufacturer of custom extrusion blow molded plastic containers.  Established in 1965, Quality Plastics designs and manufactures a wide variety of attractive and functional containers, including…

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Belgium’s Solvay forecast on Monday its profits would grow at a similar rate in 2019-2021 to the previous three-year period, with highest expansion in its advanced plastics and chemicals divisions. The group, which manufactures products in more than 60 countries, has been streamlining its business to focus more on specific…

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Polyplastics Co., Ltd., a leading global supplier of engineering thermoplastics, has completed an extensive study confirming the feasibility of polyphenylene sulfide (PPS) for bump- of automotive engine cooling systems. Polyplastics' linear DURAFIDE (R) PPS, which already delivers superior performance over rivals such as nylon 66, now has bump-off modeling capabilities…

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BASF, inventor of the world’s first Expanded Thermoplastic Polyurethane (E-TPU) Infinergy®, has launched a new Infinergy production facility at its Changhua manufacturing site in Taiwan. The expanded capacity will meet growing demand for the revolutionary material solution across a variety of applications and industries. “The Changhua production site will play…

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Aqua-Pak Industries Ltd., the nation's leading manufacturer of large expanded polystyrene (EPS) boxes for transportation of perishables, has agreed to acquire the shares of the Mansonville Plastics Group of Companies including Mansonville Plastics (B.C.) Limited, First Choice Manufacturing Ltd., and Korolite Engineered Panel Structures Ltd. through a subsidiary. This increases…

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Ravago Americas, LLC is pleased to announce the acquisition of Bolcof-Port Polymers (Bolcof) based in Azusa, CA. Bolcof-Port Polymers will become part of Ravago's Amco Polymers' business, a leading North American distributor of commodity, engineering, and specialty polymers. Bolcof has been in operation since the 1960s and was one of…

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Polyplastics Co., Ltd., a leading global supplier of engineering thermoplastics, has completed an extensive study which confirms the viability of polyphenylene sulfide (PPS) for bump-off molding of automotive engine cooling systems. Polyplastics' linear DURAFIDE (R) PPS, which already offers superior performance over rivals like nylon 66, now has bump-off molding…

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Univar Inc., a global chemical and ingredient distributor and provider of value-added services, and Nexeo Solutions, Inc., a leading global chemicals and plastics distributor, today announced they have entered into a definitive agreement for Univar to acquire Nexeo in a cash and stock transaction valued at approximately $2.0 billion, including…

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