Featured Articles

Myriant teams up with Azelis to sell bio-succinic acid in Europe

By Karen Laird
Published: September 5th, 2014

Massachusetts-based renewable chemicals company Myriant (Quincy) has announced the appointment of Azelis Group, a specialty chemicals distribution leader, for its bio-succinic acid in the Nordic countries, Benelux, France, Iberia, Italy, the United Kingdom, and Ireland. The appointment became effective on September 2, 2014, when the two companies signed the distribution agreement to develop sales in these countries, targeting customers in the industrial and base chemicals markets.

Chevron Phillips Chemical to sell its Ryton PPS Business to Solvay as global competition intensifies

By Stephen Moore
Published: September 4th, 2014

Chevron Phillips Chemical Company (The Woodlands, TX) will divest its Ryton polyphenylene sulfide (PPS) business to Solvay Specialty Polymers USA ((Alpharetta, GA) for $220 million. The announcement comes at a time when incumbent and new players are investing aggressively in new polymerization and compounding capacity meaning despite strong market growth, suppliers are facing ever increasing competition.

Saudi-based Sipchem appoints Resinex distributor of EVA products

By Karen Laird
Published: September 4th, 2014

The Saudi International Petrochemical Company Sipchem has wasted no time in finding a partner to market its new ethylene vinyl acetate (EVA) products in Europe. The company has appointed Resinex (Arendonk, Belgium), a leading European plastics distributor and member of global plastics supplier Ravago Group, as the distributor tasked with launching the products onto the European market.

Foam cores offer aircraft component manufacturers low-cost, rigid lightweighting options

By PlasticsToday Staff
Published: September 3rd, 2014

Aircraft manufacture requires optimal design at low cost and makes corresponding demands on the composites industry. Sandwich components reportedly satisfy the requirement of low weight combined with the highest possible rigidity in, for example, spoilers, flaps and paneling.

Sunningdale Tech acquisition of First Engineering to create one of Asia's largest precision plastics companies

By PlasticsToday Staff
Published: September 3rd, 2014

First Engineering Ltd. announced today that Sunningdale Tech Ltd. has proposed a 100% acquisition of Anchorage Singapore Holdings Pte Ltd., the holding company of First Engineering, for $80 million. Both based in Singapore, First Engineering and Sunningdale Tech are integrated tooling and highly engineered plastics manufacturers. The companies have combined annual revenue exceeding $500 million and employ 10,000 people in manufacturing and corporate facilities across Asia, Australia, Europe, and North and South America.

Colder Products adds elbow inserts to quick-disconnect coupling line

By PlasticsToday Staff
Published: September 3rd, 2014

Colder Products Co. (CPC; St. Paul, MN), a supplier of quick-disconnect couplings and fittings for plastic tubing used in medical and other applications, has expanded its NS4 series of quick-disconnect couplings to include elbow insert configurations.

A. Schulman acquires compounder down under

By Stephen Moore
Published: September 2nd, 2014

A. Schulman, Inc. (Akron, OH)) has acquired Australian compounder Compco Pty. Ltd. (Mordialloc, Victoria) for $6.7 million in cash.

Compco manufactures a variety of plastic compounds and products including filled and reinforced compounds, masterbatches and custom performance colors. Key markets include packaging, wire & cable and pipe. Compco achieved revenues of nearly $15 million for its fiscal year ending June 30, 2014.

Stent made with biodegradable plastic as good as current gold standard

By Norbert Sparrow
Published: September 2nd, 2014

A new coronary artery stent made, in part, with a biodegradable plastic is as good as the current gold standard, according to a study presented at the ESC Congress 2014 in Barcelona, Spain, and published simultaneously in The Lancet.

Europe recycled more than 65 billion PET bottles in 2013

By Karen Laird
Published: September 2nd, 2014

PET is the most recycled plastic material in Europe, according to Brussels-based trade association Petcore Europe. According to the newest report published by this association, the equivalent of around 65 billion bottles was recycled in 2013.

"The demand for PET as the packaging material of choice continues to grow, penetrating new markets with innovative applications," said Petcore Europe Chairman Roberto Bertaggia.

American Starlinger-Sahm begins construction of North American headquarters

By PlasticsToday Staff
Published: September 2nd, 2014

American Starlinger-Sahm Inc. (ASSI), a subsidiary of Austrian machinery company Starlinger & Co. Ges.m.b.H, held a groundbreaking ceremony for construction of its new North American headquarters on Aug. 26, 2014. Currently based in Greenville, SC, the company's new facility will be located in the South Chase Business Park in Fountain Inn, SC.

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