March 2023
Company News
- » M&As: Constantia Flexibles to acquire Drukpol Flexo; IMCD expands industrial footprint with acquisition of UK’s Orange Chemicals
- » M&As: Univar bought by Apollo for US$8 bn; LyondellBasell to acquire Italian recycler Mepol Group
- » Pengerang inks US$100 bn off-take agreements with chemical/energy majors
- » M&As: Aramco completes US$2.65 bn acquisition of Valvoline lubricants biz; Solvay to sell entire stake in RusVinyl to partner Sibur for EUR430 mn
Materials News
- » Green materials; SK Chemicals acquires Chinese green firm Shuye for US$100 mn; Mitsubishi Chemical launches study to commercialise chemical recycling of PC
- » Green tie-ups: Chiyoda/University of Toyoma/HighChem to produce p-xylene from C02; DIC/Idemitsu Kosan to explore production of biomass PS
- » New auto interior surface TPE series for the APAC market to be launched at Chinaplas 2023
- » Expansions: Covestro expands production capacity for polycarbonate films in Thailand, BASF starts up biobased polyols line in India
- » Expansions: LyondellBasell commissions world's largest PO/TBA unit in US; Chimei starts up 350 kt/yr PS plant in China
- » Expansions: QatarEnergy, CPChem break ground on US$8.5 bn polymers plant; Aramco breaks ground on US$7bn Shaheen petchem project in South Korea
Advertorial
- » ADVERTORIAL: Brush industry in the spotlight at the CIBRUSH 2023 exhibition in September
- » INTERFOAM Vietnam 2023 to showcase advancements in Southeast Asia's foam industr
February 2023
Company News
- » BASF to cut 2,600 jobs; expects savings of EUR500 mn/year
- » M&As: LG Chem takes stake in Piedmont Lithium and offtake agreements; Evonik invests in Chinese battery expert SuperC
- » M&As: Solvay to divest stake in Rusvinyl to Sibur; Asahi Kasei/Mitsui Chemicals combine spunbond nonwoven businesses
- » Green tie-ups: LyondellBasell/Kirkbi invest in APK for recycling technology; CPChem/Nexus in long-term feedstock agreement for bioPE
- » Investments: Fairbrics raises EUR22 mn for CO2-based polyester fibre plant; Maire Tecnimont acquires majority stake in bioplastics maker Conser
- » Investments: Ineos raises EUR3.5 bn for ethylene project; Advent/Lanxess receive clearances for engineering materials jv
Materials News
- » Green tie-ups: LyondellBasell to use recycled feedstock from Nexus Circular; Avantium and Origin Materials to accelerate production of FDCA and PEF
- » Project STOP hands over circular waste project to East Java community
- » UN treaty, drastic reforms can stem plastic waste crisis – Peak Plastics
- » Expansions: Covestro starts up EUR200 mn chlorine plant in Tarragona; Ineos/Lotte to build third VAM plant in South Korea
- » Green materials: Nova launches rPE line of products; Avient launches density modified polymers with recycled/bio content
- » Medical seals and gaskets with polar adhesion TPE
- » Recycling: Neste, Uponor, Wastewise & Borealis enable chemical recycling of pipes; Mitsubishi collaborates with Tokio Marine and ABT to recycle auto taillamps
- » Biobased polymers growth at 14% over 5 years; Asia largest capacity
- » Covestro discontinues thermoplastic fibre composites line; closes German site
Machinery News
- » Neste and Iillig to cooperate on thermoformed sustainable packaging through demo cases
- » Azo launches global product centre; reorganies structure
- » Coperion and Herbold focus on compounding/recycling technology at Plastindia 2023
- » Sidel acquires Makro to expand offering in labelling machines
January 2023
Company News
- » M&As: Private equity firms bidding for Univar; Borealis acquires majority stake in recycling firm Renasci
- » Dow to cut 2,000 jobs; looking to save US$1 bn in costs
- » M&As: Adnoc acquires 25% stake in Borealis; PKN Orlen buys LDPE facility in Poland
- » M&As: Advantek acquires Malaysia’s LKTT; Sika to sell part of MBCC’s admixture business to Ineos
Materials News
- » Green Materials: Braskem to evaluate production of biobased PP in US; Lanxess/TotalEnergies to cooperate on sustainable styrene
- » Green materials: LG Chem to produce plastics from fishing nets; Nexam Chemical secures first major order from South Korea
- » Recycling: Petro Rabigh signs MoUs for recycling plants in Saudi Arabia; Sumitomo Chemical completes pilot facility for PMMA recycling
- » Well-rounded TPEs from Kraiburg TPE
- » Biobased polyolefins slated for growth in next decade; Asia lead consumer
- » Expansions: Saudi Top Trading to produce compounds at Petro Rabigh facility; Nayara Energy to set up PP unit in India
- » Green Expansions: CJ HDC opens South Korean bioplastic compounding plant; Origin Materials completes Canadian biobased materials plant
Machinery News
Home | Terms & Conditions | Privacy Policy | Contact | Webmail | Site Map
©2023 Plastics and Rubber Asia. All rights reserved.

©2023 Plastics and Rubber Asia. All rights reserved.
Home Terms & Conditions Privacy Policy Webmail Site Map About Us