search.noResults

search.searching

dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
NEWS


SABIC performance unit set up: plans to merge with parts of Clariant


Sabic has signed a memo- randum of understanding (MoU) with Clariant that will ultimately enable the formation of a new ‘High Performance Materials’ business. As part of the plan, Sabic will turn parts of its Specialties business – the Noryl and Ultem resins and LNP compounds and copolymers – into a stand- alone business in order to prepare it “to participate in further organic and inor- ganic growth”. The process is anticipat-


ed to take until the end of 2019. If the transaction with Clariant then proceeds, the separated businesses would be merged with Clariant’s additives and the “high value” parts of its master- batch division by the end of 2020. This includes its colour, high temperature resins and healthcare activities.


Sabic has recently


acquired a 24.99% stake in Clariant but has stressed


Nordson BKG®


Pelletizing Systems


NEWS IN BRIEF...


Invista is to add 40,000 tonnes/year of PA66 capac- ity at its plant at the Shanghai Chemical Industry Park (SCIP), which currently has a capacity of 150,000 tonnes/year. Construction is targeted for mid-2019 and production will begin in 2020. www.invista.com


SABIC announced plans for a High Performance Materials business unit


that there are no plans for a full merger. Yousef Al-Benyan, CEO


of Sabic, said: “Uncoupling the Specialties business will allow the unit to achieve accelerated organic and inorganic growth as aligned with our broader corporate strategy of creating a sizeable, world class specialties company.” Clariant’s remaining plastics and coatings businesses will not be included in the new High Performance Materials unit. Clariant said in a statement


that these businesses, which include pigments, standard masterbatches and medical specialties, will be divested by 2020.


“Despite being well positioned and having significantly increased their profitability over the past years, the businesses to be divested do not match the Group’s criteria to differenti- ate through innovation in higher growth and higher profitability areas,” the company said. � www.sabic.com � www.clariant.com


Penn Color International has added about 70% to its production space at its site in Venray, in the Nether- lands, adding new lines, expanded labs, storage and office space and a new design centre. The move increases the size of the facility from 6,500 to 11,000 m2


. The US-head-


quartered company set up the Venray facility in 1992. www.penncolor.com


Inovyn has announced plans to increase produc- tion of general-purpose PVC at its site in Jemeppe, Belgium, by 200,000 tonnes/year. The first phase of the programme is due to be operational in 2020. www.inovyn.com


The Heart of Pelletizing BKG®


Die Plate Technology Customized design to meet your process requirements


Innovative milling technology for precise die holes and even melt distribution Advanced temperature distribution


BKG® Die Plates WWW.NORDSONPOLYMERPROCESSING.COM


Minimized pressure loss and flow optimized design Improved pellet quality


EXTRAORDINARY TECHNOLOGIES FOR TODAY’S PLASTICS


PHOTO: SABIC


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  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94