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Rubber News |
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British Plastics & Rubber On-Line
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Industry News
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Read British Plastics & Rubber on line
You can read the complete June issue of British Plastics & Rubber on the internet.
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Huntsman pushes for Hexion to complete takeover
Huntsman has applied for court backing to see that its sale to Hexion goes ahead.
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Wavin buys British heating installer
Dutch pipe maker Wavin has bought a British installer of underfloor heating systems and major customer for its polybutylene pipe, Warmafloor of Fareham in Hampshire.
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EC gives conditional approval for Hexion to buy Huntsman
It is ironic in its timing that the European Commission has today conditionally approved the acquisition of Huntsman by Hexion, as the two companies prepare to tear each other's reputation to shreds in the US courts.
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Graham Packaging bought in complex public flotation plan
US-based plastics bottle producer Graham Packaging is being sold in a $3·2 billion deal which will take it public.
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Solutia considers selling its nylon business
Solutia's nylon business may be put up for sale because of the impact on its profits from the increasing cost of raw materials.
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Chemtura "not to be sold"
The review of the future of Chemtura, started at the end of last year will stop short of breaking up or selling the whole company.
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London bottle recycling plant starts commissioning trials
The Closed Loop London bottle reclamation plant in Dagenham, East London, has started commissioning trials and is now expecting to start producing food grade flake by September.
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LyondellBasell to shut US LDPE plant
LyondellBasell is to shut one of its LDPE plants in the USA.
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Inergy starts Chinese fuel system production
The joint venture Solvay/Plastic Omnium automotive systems company Inergy Automotive Systems has started supplying fuel systems to Nissan and BMW in China from a new factory at Wuhan in the Hubei province.
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New boss at NatureWorks
Biopolymer specialist NatureWorks has a new president and chief executive.
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BASF and Dow to impose major price increases
The spiralling rise in polymer material prices was given a further spin today with above average across the board price hikes by BASF and Dow.
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Hexion conned us, claims Huntsman
The gloves have come off in the fight scrap building between Huntsman Corporation and Hexion in which Hexion is aiming to annul its offer to buy Huntsman, and Huntsman is claiming that Hexion never intended to buy it at the agreed price.
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Europe's biggest PP compounding plant planned by SABIC
SABIC is to build up its worldwide polypropylene compounding network, starting with a plant in Genk, Belgium described as "the biggest green field PP compounding plant ever built in Europe".
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Adcuram plans Hennecke's future
German investment group Adcuram has set out its plan for the development of Hennecke, the polyurethane processing equipment manufacturer it bought from Bayer towards the end of last year.
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Cabot to manufacture in the Middle East
Carbon black masterbatch producer Cabot Corporation is to start making masterbatch in the Arabian Gulf.
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Huntsman takeover bid goes into reverse
After their successful battle with Basell/Access Industries a year ago to buy Huntsman Corporation, Hexion Speciality Chemicals and its parent Apollo Management are now trying to pull out of the deal.
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RPC bullish despite short term threats from price rises
Despite rising costs last year RPC Group has reported record sales and profits after adjusting for restructuring costs, but outgoing chairman Peter Williams warned that while the group achieved an improving trend in revenue and margins in the second half of the year to March 31, and a satisfactory start to the new year "the surge in oil prices may restrict our progress in the short-term".
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EU recognises more ways to recycle plastics
New perspectives on waste recycling across Europe are more encouraging for achieving the full potential from plastics waste.
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Linpac and BNL look east
Packaging group Linpac and plastic bearing manufacturer BNL are both opening factories in the Far East.
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