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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The Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand, announces that it has reached a conclusive agreement to acquire the automotive paint detackification business of Polymer Ventures, Inc., including all of its shares of Galaxy Chemical Corporation. The paint detackification technology, is…

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South Korea-based Miwon Specialty Chemical Co. USA, a specialty chemical manufacturer of raw materials and subsidiary of Miwon Specialty Chemical Co. Ltd., plans to invest $19.5 million in a new production operations in Columbia, South Carolina. The company is a global company with manufacturing plants in South Korea and Spain,…

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Today, the EU Commission has granted conditional clearance for BASF to acquire Solvay’s polyamide business. This approval is an important milestone for the transaction. Closing is expected in the second half of 2019 after all remaining closing conditions have been fulfilled, including the sale of a remedy package to a…

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Nouryon (formerly AkzoNobel Specialty Chemicals) has opened a new headquarters office and research center to support its operations in India. Located in Mumbai, the new location brings together research and sales as well as business support functions, and enables the company to better meet customer needs across the region.  …

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BASF SE, headquartered in Ludwigshafen, Germany (“BASF”) and Adani Group (“Adani”) have signed a Memorandum of Understanding (MoU) on the eve of the Vibrant Gujarat Global Summit 2019, to evaluate a major joint investment in the acrylics value chain. This would be BASF’s largest investment in India to date. The…

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IntraPac International LLC (“IntraPac”), a designer and manufacturer of rigid packaging solutions, announced today that it has merged with Technical Precision Plastics, Inc. (“TPP”), a customer service focused injection molder of high-precision specialty components for medical and premium consumer applications.  Founded in 1984 by President and CEO Jim Piermarini, TPP…

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Revere Plastics Systems, LLC, one of the nation's premier suppliers of plastic injection molded parts and assemblies, has acquired certain operations and assets of the Fraser, Michigan facility of Sur-Flo Plastics & Engineering, Inc., a manufacturer of large tonnage plastic injection molded parts and assemblies. Revere has hired the facility's…

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Westlake Chemical Corporation today completed the previously announced acquisition of NAKAN™, a global compounding solutions business. NAKAN’s products are used in a wide-variety of applications, including in the automotive, building and construction, and medical industries. “The combination of NAKAN with Westlake’s existing compounding business represents an excellent strategic fit. It…

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Celanese Corporation, a global chemical and specialty materials company, today announced it has completed the acquisition of Next Polymers Ltd., one of India’s largest engineering thermoplastics (ETP) compounders. “This acquisition complements our rapidly growing India business and establishes Celanese as a leader in the Indian ETP market by broadening our…

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Saudi Aramco has completed its acquisition of a 50 percent stake in Arlanxeo, its Netherlands-based joint venture with chemicals firm Lanxess, to become the full owner of the company, it said in a statement on Monday. Lanxess’s share in the synthetic rubber and elastomer products venture was valued at 1.5…

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