NEWS
BASF, Solvay, Domo PA deals completed
The series of transactions through which Solvay has sold most of its Performance Polyamides Business in Europe to Domo Chemicals and the remainder, plus that in the rest of the world, to BASF has been completed. BASF paid €1.3bn to
acquire a large part of Solvay’s PA66 business, including eight production sites located in Germany, France, China, India, South Korea, Brazil and Mexico as well as R&D centres and technical consultation centres in Asia, and North and South America. The acquired businesses generated sales of around €1bn last year and will be integrated into BASF’s Performance Materials and Monomers divisions. BASF also acquired
Solvay’s 50% share in Butachimie, a joint venture with Invista in ADN and hexamethylenediamine, and a 51% share in the new Alsachimie venture with
More than two years in the making, BASF’s acquisition of Solvay’s PA66 business units is finally completed
Domo Chemicals to produce adipic acid. BASF said the acquisition gives it broader access to regional growth markets in Asia and the Americas and strengthens its backward integration via direct access to adiponitrile (ADN). Meanwhile, Domo has completed its acquisition of the former Solvay PA66 operations in France and Poland, its fibre facilities in France, and polymer and intermediates operations in France, Spain and Poland. These employ about 1,000.
The businesses had to be sold to gain EU approval for the BASF/Solvay deal. Domo CEO Yves Bonte described the acquisition an important step in its move “to become a major global service provider to our customers in our key markets of transportation, electrical and electronics, and con- sumer goods”. With the new facilities, he said, Domo is now an integrated producer of both PA6 and PA66. �
www.basf.com �
www.solvay.com �
www.domochemicals.com
Trinseo works with
CEDAP Trinseo said it is working with CEDAP, a specialist in sheet extrusion for the packaging industry, to evaluate the use of chemically recycled PS in food-grade packaging. The materials firm is also supporting CEDAP in the development of a easy-to-recycle yoghurt container in which pot, lid and label are all 100% PS. This project is being headed by the Citeo consortium, which includes Plastiques Venthenat, Amcor and Triballat. Trinseo is involved in a number of other initiatives on PS recycling, including a recent announcement that it will build a ‘first-of- its-kind’ chemical recycling facility for PS in Europe. Its US joint venture, Americas Styrenics, has recently formed a venture with Agilyx to recycle post- consumer PS materials into new products. �
www.trinseo.com
Chinaplas postponed due to coronavirus
Organisers of the Chinaplas 2020 plastics trade fair, which was due to take place in Shanghai on 21-24 April, have announced its postponement due to coronavirus health restrictions. In a statement published on 5
February, show organiser Adsale said: “We sincerely apologise for any incon- venience caused due to the show postponement. Health and safety of all show participants are at our top priority, therefore we have to make this decision.” Adsale said it was closely monitoring
www.compoundingworld.com
the coronavirus situation and would announce new dates in the future. The annual Chinaplas show is one of the world’s biggest plastics exhibitions and has traditionally alternated between Shanghai and Guangzhou. The previous event in Shanghai in 2018 attracted 180,000 visitors. Adsale said in January it would
relocate the Guangzhou show to Shenzhen in 2021 to cope with growing visitor numbers. Dates have been set for 13-16 April 2021, which puts it three
weeks ahead of Italy’s Plast exhibition and five ahead of the US NPE show. �
www.chinaplasonline.com
n Compounding World publisher AMI has announced the cancellation of its Masterbatch Asia conference, which was to take place in Bangkok in Thailand on 3-5 March, also due to coronavirus health and travel concerns. Contact conference organiser Anna Kislingbury for more information:
anna.kislingbury@
ami.international
February 2020 | COMPOUNDING WORLD 5
IMAGE: BASF
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 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66
