Engineering
The companies featured on PressReleaseFinder are active in several industries.
30 Nov 2007
Distrupol enhances its colour compounds offering to customers throughout Europe
Distrupol has announced the conclusion of a strategic agreement with Matrix Plastics, UK, that will further enhance its already strong colour compounds offering. The agreement, which will see Distrupol move its colour compounding business to the Matrix Plastics site in Slough, UK, will provide its European customers with a progressively expanding range of new colour choices.
20 Nov 2007
Hanwha Acquires AZDEL, Inc. from SABIC Innovative Plastics, PPG Industries
FOREST, Virginia – November 20, 2007 – Hanwha Living & Creative (L&C) Corporation announced today that it has finalized the acquisition of AZDEL Inc., a 50/50 joint venture of SABIC Innovative Plastics (formerly GE Plastics) and PPG Industries. The acquisition of AZDEL will allow Hanwha to expand its offering of composite and advanced material solutions for the transportation and industrial segments. Terms were not disclosed.
Ulsan, Korea, November 5, 2007 – Songwon is to invest $20 million at its Maeam facility in South Korea to produce high purity IBL (Isobutylene). This will be the first large scale commercial production of IBL from TBA (t-butanol) in the world with a capacity of 30,000 tonnes per year. The operation is scheduled to start in the first quarter of 2009.
At K 2007, DSM Engineering Plastics demonstrated its passion for innovation by introducing a wide range of new materials for existing and new markets.
BERGEN OP ZOOM, THE NETHERLANDS – Nov. 13, 2007 – SABIC Innovative Plastics today announced it has signed an agreement, subject to regulatory approvals, to divest itself of its share in a 12-year joint venture with BASF Aktiengesellschaft, which produces polybutylene terephthalate (PBT) resin in Schwarzheide, Germany. As part of this divestiture, SABIC Innovative Plastics will ensure continuity of supply for European customers through a contract to purchase PBT resin from BASF for a defined period of time. The transfer is expected by December 31st, 2007.
In response to the needs of the food packaging industry for more efficient and higher quality packaging, Borealis, a leading provider of innovative, value creating plastics solutions, has launched Bormod™ BJ368MO. This new injection moulding polypropylene (PP) grade offers sturdy performance, faster productivity and light weight properties. The new solution can be used to produce consumer food containers for products such as refrigerated salads, margarines, and fresh and frozen dairy products. 