Posts Tagged ‘plastic’

Double celebration for Krauss-Maffei Automation AG

The large number of visitors at the Open Day clearly demonstrated the strong roots of the automation business segment of KraussMaffei in Schwaig/Oberding. Over 1,000 visitors celebrated the company’s 30th anniversary together with the employees and were able to gain an impression of the efficiency and wide range of applications of the automation solutions by means of superb exhibits of linear and industrial robots. “The reception and appreciation which I saw among customers, partners, employees and the numerous guests from the region made me extremely happy and proud”, said Josef Neureder, Chairman of the Board of Management of Krauss-Maffei Automation AG.

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International conference on Innovation in technologies for processing of rubber & Elastomers

Processing of polymeric materials is still not well understood and there is a need to have a greater interaction between Academia and Industry. To promote such a dialogue, PPA has planned to organize an International Conference on ?Innovation In Technologies For Processing Of Rubber & Elastomers? in Mumbai on 26th & 27th October, 2012 at Hotel Ramada Inn, Juhu, Mumbai

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Mid-Eastern producers cut July PE prices in Egypt, raise Aug outlook

In Egypt, Middle Eastern producers had approached the PE market at the start of July with lower prices as compared to June offer levels, as per ChemOrbis.

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Astra Polymers inks agreement with BASF to manufacture customer specific blends

Astra Polymers, a developer and producer of plastic compounds in the Middle East, has entered into a new cooperative agreement with BASF Plastic Additives Middle East to manufacture customer specific blends (CSB) in Saudi Arabia. The agreement integrates the capabilities of both the companies and brings two innovative technologies for additive blends to clients in the region.

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Consolidation of the European cable extrusion industry amidst turbulent economic times

The European cable industry is showing signs of consolidation according to AMI’s latest report. Detailed information is provided on 325 cable extrusion sites across Europe, from multinational groups such as Prysmian and Nexans to smaller new sites looking to make their mark.

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Idemitsu Kosan, Formosa Petrochem in hydrogenated hydrocarbon resin JV

Idemitsu Kosan Co., Ltd. and Formosa Petrochemical Corp

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Formosa Petrochemical, FCFC post unexpected Q2-2012 losses

Units of Formosa Group-Formosa Petrochemical Corp. and Formosa Chemicals & Fibre Corp

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Naphtha margins in Asia at month highs, margins under pressure from rising Brent

Naphtha prices in Asia were at a month high on Wednesday, but margins, after surging 18% to a month high the previous day, came under pressure from this week’s rise in Brent crude prices as per Reuters. Front-month, H2-August open-spec naphtha price stood at US$799/ton, while while margins fell nearly 10% toUS$54.48/ton. Higher price of feedstock naphtha could be a source of concern for petrochemical makers as demand for petrochemicals including plastics has been slow due to the European debt crisis

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China?s cumulative imports through May remain under 2009

The strain is beginning to show on China?s plastics imports amid an admitted slowdown in economic growth. Cumulative imports through May 2012 reached a figure of 6.255 mln tons, as per ChemOrbis, below cumulative imports as of May 2011, 2010 and 2009. In May 2009, the cumulative figure had been at 6.956 mln tons.

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Formosa resumes production at some units of petrochemical complex in Yunlin

Taiwan?s Formosa Plastics Group (FPG) has resumed production at 54 out of the complex?s 66 units at its petrochemical complex in Yunlin County, shut adhoc by a power failure mid week. An investigation pinpointed the cause to be malfunctions of the double busbar circuit system at the petrochemical complex?s public utility area.

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