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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VeoVa™ vinyl ester monomer, a Versatic™ Acids & Derivatives product from Hexion Inc. (“Hexion” or the “Company”), is one of the key components in a new specialized hybrid polymer technology developed by ADDAPT Chemicals BV for the paint and coatings industry. The Addapt VeoPoxTM products are novel adhesion promotors for…

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The Quality Model Group of companies is expanding its existing plastic injection molding operations in Orangeburg, South Carolina. The firm’s $9.5 million investment is projected to create 37 new jobs. Headquartered in Ontario, Canada, The QM Group is a leading international business, specializing in mold building, injection molding, urethane molding,…

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Representatives from INVISTA and the Shanghai Chemical Industry Park (SCIP) signed a memorandum of cooperation at a ceremony today in Shanghai. In attendance were Wu Qing, vice mayor of the Shanghai Municipal Government; Chen Mingbo, deputy secretary general of the Shanghai Municipal government and director general of the Shanghai Economy…

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Driven by continued overall cost increases, particularly in key raw materials, the Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand, is in the process of increasing prices for the Surface Treatment chemicals globally. In addition to higher general costs, driven by legislation,…

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Seeking solutions that contribute to the circular economy and to sustainable development, Braskem announces new partnerships for the development of chemical recycling, with a focus on transforming post-consumer plastics, such as grocery bags and packaging films for snacks and cookies, once again into chemical products that can be used by…

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Chroma Color announced that it has acquired Polymer Concentrates, based in Clinton, Massachusetts. With this latest acquisition, Chroma Color continues to grow its manufacturing footprint along with its suite of colorant and additive technologies to better serve existing and prospective customers. Terms of the transaction were not disclosed. Polymer Concentrates,…

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Arkema will inaugurate a new first-class polyester resin manufacturing facility in Navi Mumbai, Maharashtra on February 13, 2019. This new facility also includes a dedicated laboratory to provide both application development and technical support. The facility will help Arkema better serve customers in the fast growing powder coating market throughout…

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LyondellBasell, the world’s largest licensor of polyolefin technologies, today announced HPCL-Mittal Energy Limited (HMEL), has selected LyondellBasell’s fifth generation Spheripol polypropylene process technology for a 500 KT per year plant in Bathinda, India. “Recognized companies such as HMEL select the Spheripol process because of the technology’s low capital and operating…

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BASF will launch the sale of its $3 billion-plus construction chemicals business in the spring, as part of the German chemicals group’s drive to focus on more profitable operations, people close to the matter said. BASF, which flagged its intention to auction off or merge the unit in October, said…

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Armor Plastics, a new plastic coating company specializing in aftermarket ATV parts, plans to launch operations in Madison, Indiana. The company, which is a joint venture between Ohio businessman Tom Faris and Madison-based SuperATV, will revitalize a vacant industrial site and plans to create up to 30 new jobs over…

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