23 Aug 2007
GE, Mitsui Chemicals and Nagase Reach Agreement on their Japan Joint Ventures
TOKYO, Japan — August 23, 2007 — GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. (Nagase) announced today that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC).
GE Plastics Japan Ltd
GE has acquired the entire equity interests of MCI and Nagase in GEPJ thereby increasing its equity to 100%. Except for the closing of GEPJ's Chiba Facility located within MCI's Ichihara Works, there will be no change in GEPJ’s operations and GEPJ will continue to serve the GE Plastics’ Japan customer base as it has in the past.
Nagase will continue to serve the GE Plastics’ customers in Greater China and SEA as a sales representative and distributor.
GEM PC Ltd
GE has acquired the entire equity interests of Nagase in GEMPC thereby increasing its equity to 58%. GEMPC will continue to produce Lexan* resins as a joint venture between GE and MCI until March 31, 2008. GEMPC will then cease business operations and will be liquidated. GEPJ will supply Lexan polycarbonate from other GE Plastics’ polycarbonate manufacturing facilities located globally.
23 Aug 2007
AVERY GRAPHICS COLOR MANAGEMENT WORKSHOPS FÜR PROFIS IN FÜNF GÜNSTIG GELEGENEN STÄDTEN IN DEUTSCHLAND
Leiden, Niederlande - Avery Dennison Graphics and Reflective Products startet im kommenden Herbst ein umfassendes Trainingsprogramm. Als Antwort auf die Marktnachfrage ist für Oktober und November 2007 eine Serie deutschsprachiger Color Management Workshops für Digitaldruckereien, die mit der umfassenden Palette der Avery Graphics Digitaldruckmedien arbeiten, vorgesehen.
23 Aug 2007
Borouge corrosion-free pipe solution aids water supply in Shanghai
Highly-durable PE100 water pipes from Borouge, a leading provider of innovative, value creating plastics solutions, have helped to supply safe, clean drinking water for residents of Pudong in Shanghai. The use of pipes produced with BorSafe® HE3490-LS is a long-lasting alternative to the previous high-maintenance leaking iron pipe network. According to the United Nations, water conservation is one of the most urgent global challenges facing society today.
22 Aug 2007
JinHaas Officially Begins Operation –Contributes to Chinese Plastics Additives Market
Shanghai, China, August 22, 2007 -- Rohm and Haas Company (ROH) and Weihai Jinhong Polymer Co. Ltd announced today that they have begun formal operation of a joint venture company, Jinhong Rohm and Haas Chemical Company (JinHaas), following the announcement of the agreement in December 2006. JinHaas will produce methacrylate butadiene styrene (MBS), acrylic impact modifiers (AIMs), and acrylic processing aids for distribution in China, as well as in other emerging markets.
22 Aug 2007
Borouge to Invest In Automotive Market with New Compounding Facility In China
Borouge, a leading provider of innovative, value creating plastics solutions, today announced that it plans to develop a compounding facility in China for the manufacture of high performance polypropylene compounds for applications in the automotive and electrical appliance sectors.
22 Aug 2007
DSM DYNEEMA RECEIVES RECOGNITION FOR INNOVATIVE CONTRIBUTION TO AQUACULTURE INDUSTRY
URMOND (NL), 22 August 2007 – The authoritative Nor-Fishing Foundation has recognized DSM Dyneema’s outstanding efforts in innovation in the contest for the official Innovation Prize 2007 held during the Aqua Nor event in Trondheim, Norway (August 14-17), where DSM Dyneema was proud to be runner up. The Innovation Prize was introduced in 2003 to encourage increased focus on innovation, efficiency improvement, quality assurance, enhanced profitability and protection of the environment and resources in the fishery and aquaculture industries.
22 Aug 2007
IMPORTANT INTERNATIONAL GUESTS AT EUROPORT MARITIME
Europort Maritime (6-9 November, Ahoy, Rotterdam, The Netherlands), the international trade fair for advanced marine technology, has the honour of welcoming Mr Huang Pingtao. Mr Pingtao is president of the Chinese society of Naval Architects and Marine Engineers (CSNAME).
The pace of technological developments for maritime applications is so fast it is essential that Europort Maritime offer a state-of-the-art overview of knowledge and progress.
21 Aug 2007
Borealis and Borouge are co-founders of the Stockholm Water Prize
Borealis and Borouge, leading providers of innovative, value creating plastic solutions, have become co-founders of the prestigious Stockholm Water Prize, contributing to the promotion and reward of leadership and best practices in water and sanitation.
