As of February 1st, DuPont Textiles and Interiors (DTI) became a wholly owned subsidiary of DuPont, making it a separate entity. DuPont have been looking at their options for separating it from the rest of the company, i...
It was announced today that Japan’s Sekisui Chemical Co had bought 51%, or a controlling share of Korea’s Youngbo Chemical Co. The price paid was not disclosed.
Sekisui made the strategic move to increase ...
Plastics compound and resin manufacturer A Schulman have announced that they will be closing their Texas-based (USA) dispersions plant.
The decision to close the plant was in response to higher resin prices and reduce...
Qapco (Qatar Petrochemical Co), an 80:20 joint venture between the Qatar Petroleum owned by the Qatari government and Atofina, will enter the high density polyethylene (HDPE) market through its subsidiary Q-Chem II, whic...
Following on from the ban on plastic tableware imposed on Taiwan’s government canteens and similar units last year, which continued on to the private sector last month, a new raft of problems has been identified.
...
The US Food and Drug Administration (FDA) have recently given their blessing to the first ceramic on ceramic hip implant.
Hip implants or total hip replacements are used to replace hip joints in patients who have dise...
M&G Polymers have just completed their acquisition of Rhodia-ster S.A. of Brazil from Rhodia.
Included in the acquisition were all the equity interests in Rhodia-ster including production assets:
A 200kt PET...
A consortium involving LG Chem and Honan Petrochemicals Corp have emerged as the most likely to acquire troubled Hyundai Petrochem who have been looking for a buyer since early last year.
The consortium was selected a...
Dow Chemicals have decided to close their 60,000 mtpy polyethylene terephthalate (PET) plant in Matera, Italy.
The decision was taken due to poor economic conditions. This plant was also viewed as being less efficient...
Sumitomo Chemical and Shell Chemicals have just signed a letter of intent to carry out a joint feasibility study with the aim of building a new ethylene plant in Singapore.
At the same time, Sumitomo will embark on it...
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