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Linpac Group has said there is “no formal sale process… currently underway” following speculation in UK newspapers that the global rigid packaging group could be split up and sold off by the banks that control it 10 March 2010
Bayer MaterialScience (BMS) is acquiring US-based Artificial Muscle, a manufacturer of electroactive polymers for the consumer electronics industry, for an undisclosed sum 10 March 2010
TPE compounder VTC is expanding its European technical sales team by appointing two new members; John Sewell and Linda Karlsson 10 March 2010
As expected, LyondellBasell has rejected a$14.5bn (€10.7bn) takeover bid from Reliance. The company disclosed the decision in a 8 March filing in US Bankruptcy Court in New York, where the company is pursuing a reorganization plan 10 March 2010
China’s Wanhua Industrial group has won the option to take over the Hungarian PVC group BorsodChem within two years in return for providing €140m to help fund the indebted chemical firm’s expansion 9 March 2010
Helesi, the Greece-based waste management products manufacturer and services supplier, has agreed terms for the sale of Helesi UK, which makes two-wheeled waste bins, to Straight, a maker of recycling containers 9 March 2010
German automotive lighting and parts group Hella KGaA Hueck plans to invest around €20m in new production equipment at its manufacturing plants in Romania 8 March 2010
Consumer packaging group Rexam has appointed Malcolm Harris as the new Group Director of the Plastic Packaging division 8 March 2010
Highlighting its granulators and single-shaft shredders, CMG of Bologna, Italy, recently opened a new distribution and technical demonstration centre in Rhode Island, the US, to serve its North American customers 8 March 2010
Thermoplastic compound maker A Schulman has bought 10 ZSE Maxx co-rotating twin-screw compounding extruders from Leistritz to produce masterbatches and engineering thermoplastic compounds 8 March 2010
Compounding, mixing and bulk materials handling equipment producer Reimelt has re-equipped its 1,000m2 technical centre, overhauling and modernising the facilities, as well as adding new mixing and extrusion units 8 March 2010
Ter Hell Plastic (THPL) will start production of 3,000 tonnes a year of special compounds for the Chinese market in May at its new Ter Engineering Plastics (Changshu) joint venture, which it set up with Chinese engineering plastic distributor NCM Polymer 8 March 2010
Foams maker Recticel says it has come through a tough year with reduced debt, although a tough automotive market forced the group to make big restructuring adjustments 8 March 2010
Polymers and petrochemicals group Ineos is considering a relocation of its headquarters and tax residence from the UK to Switzerland 5 March 2010
Finnish nanocomposites specialist Amroy Europe says it aims to become the leading player worldwide in epoxy-based CNT reinforced nanocomposites 5 March 2010


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