Липень 2023

NOVA Chemicals Corporation (“NOVA Chemicals”) and Plastic Energy have entered into an agreement to explore the feasibility of developing a pyrolysis-driven advanced recycling facility in the Sarnia, Ontario region. If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66kt per annum. Working Together to Create Timely,…

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Borealis announces that it has signed an agreement to acquire Rialti S.p.A., an Italian polypropylene compounder and recycler. Closing of this transaction is subject to customary regulatory approvals. Makes IM and Extrusion PP Compounds for Various Industries Based in the area of Varese, Italy, Rialti is one of the European market players specialized in production of…

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Mitsui Chemicals, Inc. announced that it will be splitting off the Protective Films business and the Industrial Films & Sheets business – which together comprise an ICT business – of its wholly owned subsidiary Mitsui Chemicals Tohcello, Inc. (CEO: MATSUZAKA Shigeharu), and establishing a new wholly owned subsidiary to inherit this ICT business. The new subsidiary…

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LyondellBasell (NYSE: LYB) has completed the acquisition of Mepol Group, a manufacturer of recycled, high-performing technical compounds located in Italy and Poland. Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o, will be subsidiaries in LyondellBasell’s Advanced Polymer Solutions (APS) business unit. LyondellBasell’s APS segment produces and markets compounding solutions, such as…

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Lummus Technology and MOL Group announce their agreement to cooperate in the deployment and integration of chemical recycling of plastics at MOL’s assets in Hungary and Slovakia. Chemical recycling of plastics is part of MOL’s commitment to collect close to 5 million tons of municipal solid waste, which includes the treatment and related investments. Converting…

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Composites UK announces that high-performance PEEK and PAEK polymer supplier, Victrex, recently joined the Association with a view to network with other members, get involved in policy making and increase their visibility & market awareness. Offers Growth for Thermoplastic Matrix Materials The company’s headquarters and manufacturing facilities are based in Lancashire, UK, with technical and customer…

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BASF Venture Capital GmbH (BVC), the corporate venture company of the BASF Group, announced an investment in the Swiss startup DePoly SA (DePoly), a sustainable plastic solutions provider developing a unique chemical recycling technology. Chemical Recycling without Any Pre-treatment Founded in 2020, the company has developed a chemical recycling technology that converts mixed post-consumer and post-industrial polyester plastic…

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ELIX Polymers has developed a range of specialty grades of ABS and PC/ABS to reduce the squeaking and rattling sounds that are generated by plastic parts making contact with other plastic parts, leather, PVC-foil or other products. These undesirable noises can negatively affect the driver’s comfort as well as their perception of the quality of a…

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The Lubrizol Corporation is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in…

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Arkema broadens its range of high-performance polymers with the acquisition of 54% stake in PI Advanced Materials (PIAM) for €728 mn enterprise value. With sales of over €200 mn, an EBITDA margin of around 30% and best-in-class manufacturing, PIAM is the global player in polyimide films, delivering superior growth in the attractive consumer electronics and electric…

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