Page 7 - Plastics

Dow launches all-PE laminate for flexible packaging industry in India

Launched in partnership with packaging machinery manufacturer Bosch, the new technology will enable more effective recycling and reuse of flexible packaging material

Xpro suspends production at Faridabad unit

The plant produced coextruded plastic sheets and coextruded cast plastic films

Commercial Syn Bags to invest Rs 28 cr for expansion of Indore plant

The expansion project, which is expected to be commissioned in July 2017, will produce fabric, lamination and food grade jumbo bags and flexible intermediate bulk container (FIBC) bags

Showa Denko & JX Nippon buys LyondellBasell's stake in PP JV

SDK Sunrise Investment (SSI), owned by Showa Denko and JX, will purchase LyondellBasell's 50 percent stake in polypropylene (PP) JV SunAllomer

DSM and NHU inaugurate JV for high performance PPS compounds

Polyphenylene sulfide (PPS) products, which are branded Xytron PPS, are targeted primarily at automotive, electrical and electronics, water management and industrial markets

Platinum Equity buys two business units of Broadway Industrial Group

The Los Angeles-based private equity firm has acquired foam plastic solutions (FPS) and flow control devices (FCD) businesses of Singapore-based Broadway Industrial Group

Metabolix sells biopolymer assets to CJ CheilJedang

As per the agreement, Metabolix will transfer to CJ a portfolio of IP that includes patent rights covering the production and use of PHA (polyhydroxyalkanoate) biopolymers

IBM and Stanford University collaborate to develop plant-based plastics

Scientists have identified a chemical catalyst that can be used to create cheaper, biodegradable plastics from plants such as palm trees and beets

High performance composites market in US to reach $ 10 bn by 2020

While aerospace is likely to remain the leading market for high performance composites in 2020, pressure vessels will show the fastest growth of all outlets, says Freedonia's new report

Astral Poly terminates CPVC supply pact with Lubrizol

Termination will not have any impact on Astral as it has already done backward integration and initiated compounding for Astral CPVC Pro, through its tie up with Japan's Sekisui Chemical

Skipper to set up facility for engineering and polymer products in Assam

The company will invest Rs 70 crore in the new facility, which have capacity to produce 30,000 tonne and 7000 tonne of engineering and polymer moulded products respectively

Linc Pen plans to set up manufacturing facility in Gujarat

The proposed plant at Umbergaon (Gujarat), to be built with an investment of Rs 26 crore, will have capacity to produce 1.25 crore pens per month

Astral ties up with Japan's Sekisui Chemical for CPVC resin

Indian firm will source chlorinated polyvinyl chloride (CPVC) resin from Sekisui Chemical for hot and cold water plumbing system

Ganesha Ecosphere to increase recycled polyester fibre capacity by 21,000 TPA

With this expansion, the consolidated recycled polyester staple fibre (RPSF) capacity at the Bilaspur (Rampur, Uttar Pradesh) site will become 108,600 TPA

V-Guard Industries to start PVC compounding unit at Coimbatore

The unit, which will commence commercial production by end of August 2016, will serve the company's business of house wiring cable

Mitsui partners with Germany's Forward Engineering for composite applications

With this, Mitsui aims to expand its presence in the automotive carbon fibre market by leveraging FE's advanced knowledge relating to auto parts made from composite materials

Mitsubishi and Ube Industries to merge injection moulding machine businesses

Ube Machinery will acquire an 85 percent stake in Mitsubishi Heavy Industries Plastic Technology in order to secure the latter's worldwide business in injection moulding machines

Toray plans $ 100 mn investment to set up nylon fibres plant in Mexico

The plant, with production capacity of about 10,000 tonnes, will supply nylon fibres for automobile airbags and airbag materials

Nudging India out from water stress through plasticulture

With plasticulture, ie using plastics in agricultural activities, India can increase per capita water availability to more than 1,750 m3 from current 1,588 m3

PolyOne acquires Gordon Composites and Polystrand for $85.5 million

These acquisitions further consolidate the company's position in continuous reinforced thermoplastic composite technology