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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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Airnov Healthcare Packaging continues to serve the Chinese and global market with a comprehensive range of products, which now includes a new range of HDPE bottles. From 19-21 June, Airnov exhibited the HDPE portfolio at the highly anticipated CPHI China event in Shanghai. As Asia’s premier pharma event, the tradeshow brought together leading pharma experts…

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Solvay and Spirit AeroSystems (Europe) Limited have strengthened their relationship as Solvay becomes a strategic partner of Spirit’s Aerospace Innovation Centre (AIC) in Prestwick, Scotland. The AIC facilitates collaborative research into sustainable aircraft technologies and processes with Spirit’s industrial, academic and supply-chain partners. Both companies intend to further engage on composite development opportunities to meet the…

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