news
❙ Arkema is to acquire a 25% stake in India’s Jayant Agro, a specialist producer of castor oil. The move is intended to secure the supply of the oil, which is a key ingredient in Arkema’s Rilsan PA 10 and PA11 resins. Jayant sub- isidary Ihsedu Agrochem is a long-standing supplier to the company.
www.arkema.com
❙ The European Food Safety Authority (EFSA) is looking for scientific experts to join two of its key Scientific Panels, including the CEF Panel (the Panel on Food Contact Materials, Enzymes, Flavourings and Processing Aids). For more information
http://bit.ly/XCeENH www.efsa.europa.eu
❙ US-based bioplastics maker Cereplast said sales for 2012 amounted to $900,000, down 95% from $20.3m in 2011. The company attributes the huge decline to transitioning resources to recovery of past due accounts receivables. It said its US plant now has a bioplastics production capacity of 3,000 tons a month.
www.cereplast.com
❙ US machinery and equip- ment group Milacron has completed the acquisition of Mold-Masters from 3i. Milacron said the leadership team at Mold-Masters will remain unchanged but it expects the business to benefit from the synergies provided within the group.
www.milacron.com www.moldmasters.com
4 news in brief Sabic lightens Leaf EV
Sabic Innovative Plastics has helped Nissan cut weight from the latest version of its Leaf all-electric car, which is produced in Japan and since last month in the UK. The 2013 version of the Leaf
is 80kg lighter than its predecessor. Part of that saving comes from the car maker’s decision to use Sabic IP’s flame retardant Noryl resin to produce the terminal cover and spacers in the battery system, which provided a 20% weight reduction. “We are especially pleased
with Noryl resin’s high temperature and long term
Nissan’s all-electric Leaf uses Sabic’s Noryl in its battery
dimensional stability, which leads to a significant improve- ment in part quality and enables further stable battery production in our automatic
Procap expands with German acquisition
Luxembourg-headquartered Procap has bought Schoeller Cap Systems (SCS), a producer of beverage closures based at Schwerin in Germany. The move gives Procap, which generates annual sales of around €118m, its first manufacturing presence in Germany, where until now it has only had a sales operation. “With no production in Germany, Procap had a very weak position in the market,” said Benoît Henckes, CEO of Procap. “Five years ago, we set out to change this and decided that acquisition of an existing player in what is essentially a very competitive and slow growing market would be the best option. SCS has a good reputation in the market and is therefore a good match.”
INJECTION WORLD | April 2013 The company says that its
plans for the €12m SCS operation include expanding its customer base and broadening its product range. The location of the new acquisition will also support Procap’s longer term plans to expand its activities into Scandinavia and Poland. Procap supplies closures
for the food, beverage, chemical, pharmaceutical and cosmetics industries. The company now has
manufacturing operations in each of the three largest European closure markets of France, Germany and the UK. It also has manufacturing facilities in Belgium, Hungary, Ireland and Spain as well as its headquarters in Luxembourg. ❙
www.procap.com
assembly system,” said Toshiro Hirai, deputy general manager of electric vehicle development at Nissan. ❙
www.sabic-ip.com
Dow adds to sale list
Dow Chemical announced last month that it plans to sell its Plastics Additives unit and its Polypropylene Licensing business and aims to realise close to US$1.5 from divestitures over the coming 18 months. Dow’s chairman and
CEO, Andrew Liveris said: “We are reviewing our entire portfolio and seeking even further opportunities to optimise value, selec- tively pruning assets that are no longer a strategic or financial fit”. The Plastics Additives
business produces processing aids and impact modifiers under the Paraloid, Surecel and Tyrin brandnames. ❙
www.dow.com
www.injectionworld.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56