17 Feb 2011
DSM acquires majority share in UHMWPE fiber manufacturer in China
Royal DSM N.V., the global Life Sciences and Materials Sciences company headquartered in the Netherlands, announced today that it has signed an agreement to acquire the majority shareholding in Shandong ICD High Performance Fibre Co Ltd. (“ICD”), based in Laiwu, Shandong province, China. Closing of this transaction is expected in the course of 2011.
16 Feb 2011
REVOLUTIONARY STRUCTURAL BLAST CHIMNEY FOR ARMORED VEHICLES MAKES INNOVATIVE USE OF HIGH-STRENGTH, LIGHT WEIGHT BALLISTIC MATERIALS MADE WITH DYNEEMA®
The Netherlands, February 16, 2011 - Composite armor systems specialist Hardwire LLC has developed and successfully demonstrated a blast protection system that utilizes Dyneema®, ultra-high molecular weight polyethylene (UHMWPE) fiber, as part of a suite of solutions that significantly improves the ability of light military vehicles to protect occupants from Improvised Explosive Devices (IEDs). The Structural Blast Chimney, or SBC, is a result of highly effective cooperative work between several key organizations within the defense industry. Hardwire LLC and UHMWPE producer DSM Dyneema have put considerable effort into helping to meet the U.S. armed forces’ increasing needs for explosion protection while in the field.
16 Feb 2011
SABIC Innovative Plastics’ Specialty Materials Help Medical Device Makers Stay Ahead of Healthcare Trends in Safety, Home Care and Regulation
BERGEN OP ZOOM, The Netherlands – February 16, 2011 – Increasing regulation, stronger emphasis on patient/provider safety and the shift to cost-effective alternative care delivery are among the top healthcare priorities. At MD&M West 2011, SABIC Innovative Plastics showcased specialty materials that help medical device manufacturers respond proactively to these trends. The company’s specialty compounds provide fresh approaches to regulatory compliance and the surge in wireless monitoring devices for convenient, less-expensive home and outpatient care. SABIC Innovative Plastics is firmly committed to the medical device industry and is making continuous investments in technologies that help customers meet current and future healthcare challenges.
16 Feb 2011
Clariant plans acquisition of Süd-Chemie AG
• Accelerating profitable growth
• Addition of future technologies with high growth potential
• Enterprise value of EUR 2.0 billion (CHF 2.5 billion)
• Family shareholders convert Süd-Chemie shares into Clariant shares
16 Feb 2011
Clariant successfully completes restructuring in 2010; profitability to further improve in 2011
• Full-year sales up 13% in local currency and 8% in CHF
• Operating income margin before exceptional items of 9.8% compared to 4.1% in 2009
• Cash flow from operations of CHF 642 million after CHF 757 million in the previous year
• Net debt reduced from CHF 545 million in 2009 to CHF 126 million
• Net income amounted to CHF 191 million compared to a net loss of CHF 194 million in 2009
• 2011 Outlook: Clariant expects a stable business environment in 2011, with growth mainly coming from the emerging markets. Based on this scenario, Clariant forecasts local currency sales growth in the low single-digit range and an EBITDA margin before exceptional items above that of 2010.
15 Feb 2011
ROPES WITH DYNEEMA® KEEP “PUSH COMBINATIONS” TOGETHER
The Netherlands, February 15, 2011 - Ropes made with Dyneema®, ultra-high molecular weight polyethylene (UHMWPE), are proving a safe and secure alternative to steel wire rope for connecting barges and vessels in “push combinations” working on inland waterways.
15 Feb 2011
Afa Dispensing Group consolidates business with expansion and R&D success
Afa Dispensing Group (Afa), a world leader in technologically advanced liquid dispensing systems, celebrates on-going growth as it moves into 2011.
15 Feb 2011
SABIC Partners with SCHÜTZ to Develop High-Performance, Cost-Effective Granulated HDPE for Intermediate Bulk Containers
Sittard, the Netherlands – February 15, 2011 – SABIC, a global plastics industry leader, today announced that its high-performance SABIC® HDPE ICP4907S material for industrial containers is now commercially available. The breakthrough high-density polyethylene (HDPE) – developed collaboratively with SCHÜTZ, a global leading producer of industrial packaging - is designed for blow moulding of Intermediate Bulk Containers (IBC) up to 1000 litres and more. SABIC® HDPE ICP4907S resin combines outstanding stiffness/impact-balance with optimal environmental stress crack resistance and chemical resistance. Most significantly, this material delivers improved melt flow for excellent processing performance and potential system cost reduction.
