DOMO Chemicals signs agreement to acquire Solvay’s Performance Polyamides Business in Europe

Alex Segers, CEO DOMO Chemicals.DOMO Chemicals and Solvay have signed today an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. The agreement also involves a joint venture between BASF and DOMO in France for the production of Adipic Acid. The Business comprises Production, Sales, Technical Support, R&D and Innovation services which currently have a combined headcount of approximately 1100 employees. The acquisition, which is subject to approval by the competent competition authorities, is expected to close by the end of Q4 2019. The purchase price to be paid by DOMO on a cash and debt-free basis would amount to €300 million.

KRAIBURG TPE to expand activities in the consumer sector

Toys for babies and very young children need particularly high product safety. KRAIBURG TPE offers a special product portfolio for these applications. 
(Image: © 2019 KRAIBURG TPE)Regulatory requirements and consumer protection are key in supporting the consumer market. KRAIBURG TPE has addressed this situation, acquiring comprehensive knowledge in the field, and has built up a product portfolio based on this expertise.

Avery Dennison joins Ellen MacArthur CE 100

Avery Dennison joins Ellen MacArthur CE 100. (Photos: Avery Dennison, PR428)Global labeling and packaging materials manufacturer Avery Dennison Corporation (NYSE:AVY) has joined the Ellen MacArthur Foundation’s Circular Economy 100 (CE 100) network as part of the company’s support of a global transition to a circular economy.

FoamPartner receives 3M Service Award

Polishing machine. (Photo: Getty Images/baona)
Leverkusen (Germany) / Wolfhausen (Switzerland) / Langenthal (Switzerland), June 2019. As a manufacturer, developer, and processor, the FoamPartner Group, headquartered in Wolfhausen (Canton of Zurich, Switzerland) supplies trade and industry worldwide with foams for a wide range of applications. For many years now, FoamPartner has been a strategic supplier for the US multi-tech corporation- 3M. FoamPartner also supplies its affiliate with more than 40 different polishing and interface pads for use in the automotive branch; some for the OEM, some for sales in the aftermarket trade.

SABIC heads to Japan in July for next global LNP anniversary technical summit

SABIC heads to Japan in July for next global LNP™ anniversary technical summit.A series of global technical summits being held by SABIC to mark 70 years of its LNP product line of engineering thermoplastic compounds and resins continues later this month, in Japan. SABIC has invited engineers and designers at ODMs and OEMs, molders and toolmakers from around the country to the World Trade Center, Tokyo, on July 23, for a series of presentations tuned to key aspects of the Japanese market, delegates will also have the opportunity to look at application-related displays, and have one-on-one meetings with company experts.

DSM to showcase purpose-led innovations at K2019

Arnitel® in non-pneumatic wheel: no more flat tires.
(Photo: DSM Engineering Plastics: DSMPR515)
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, will showcase some of its latest purpose-led innovations at K2019, the world’s premier fair for the plastics and rubber industry, in Düsseldorf, Germany, between 16 and 23 October 2019. Exhibiting under the theme of ‘Bright Science. Brighter Living’ – at hall 6, booth 11 – DSM will show how it is using its science-based competences to develop innovations to both address the needs of its customers and tackle the world’s major challenges. Some of these innovations are detailed below.