Additives
The companies featured on PressReleaseFinder are active in several industries.
28 Jun 2022
New Anti-fouling additive for the PP and PE polymerisation process – Palsgaard introduces Einar® 981 to replace existing regulatory compromised chemistry
Palsgaard has announced the introduction of an efficient new plant-based, food-grade anti-fouling additive for the polypropylene and polyethylene polymerisation process. The new product, Einar® 981, has been developed to remove severe concerns about the ethoxylated amine chemistry currently used. Einar® 981 will officially be introduced to the market at K-2022 in Düsseldorf, Germany.
21 Jun 2022
Palsgaard to showcase full range of plant-based polymer additives at K 2022
Palsgaard, a world leader in plant-based emulsifiers and polymer additives for the global food, packaging and plastics industries, will take the opportunity of K 2022 in Düsseldorf, Germany, to position itself as a preferred supplier to polymer producers, masterbatch manufacturers and compounders seeking to lower their carbon footprint and go renewable. At the world’s largest plastics trade fair in Hall 7, Level 1, Booth D20, Palsgaard will present its complete portfolio of sustainable polymer additives and offer first-hand insight in new developments.
Perstorp Group, a leading sustainability-driven global specialty chemicals company, today said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced today that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm.
SONGWON Industrial Group (www.songwon.com) today released its financial results for the 1st quarter of 2022. After a solid end to 2021, SONGWON started the new year strongly with sound growth and increased revenues. In Q1/2022, the Group achieved consolidated sales of 338,433 Million KRW and reported a robust 373.9% increase in net profit (43,427 Million KRW) over the same quarter the previous year (9,164 Million KRW). When compared to the 1st quarter of 2021, the gross profit margin in Q1/2022 increased from 21.6% to 29.4%. In Q1/2022, both EBITDA and EBIT margins increased respectively to 19.4% and to 17.0%.
Milliken & Company is moving boldly to address anticipated market needs by expanding the facilities and capacity it acquired last March via its purchase of Germany’s Zebra-chem GmbH. Zebra-chem is a specialty compounder and chemicals company that makes additive and blowing agent concentrates for polyolefins, PVC and engineering thermoplastics.