Packaging
The companies featured on PressReleaseFinder are active in several industries.
29 Jul 2010
Clariant further improves profitability based on better demand and reduced cost base
· Q2 sales up 20% in local currencies and 18% in CHF as global economic activity continued to rebound year on year
· Q2 operating income before exceptional items rose to CHF 211 million compared to CHF 69 million a year ago and CHF 183 million in the first quarter, mainly driven by higher sales volumes
· Q2 operating income margin before exceptional items reached 11.1% compared to 4.3% a year ago
· Q2 cash flow from operations amounted to CHF 33 million from CHF 184 million in the previous year given a volume-related temporary increase in inventories and trade receivables
· Outlook: Against the backdrop of an anticipated softening of the global economy, Clariant expects lower sales growth in the second half of the year with demand remaining solid. Clariant guides for sales growth in the high-single digit percentage range and an operating margin before exceptionals for the full-year above 8%.
14 Jul 2010
SABIC’s strong commitment to Industrial Container solutions
Sittard, the Netherlands – July 14, 2010 – SABIC’s two new High Density Polyethylene (HDPE) grades for Industrial Container applications - SABIC® HDPE ICP4907S and SABIC® HDPE ICP5602 - are commercially available for the global market from now on. Both grades meet the latest market challenges offering an optimal balance of properties, improved processing behavior and the potential to reduce system costs. The structure of the two SABIC grades open up new opportunities for noticeably energy and material savings and cycle time reductions - which support converters to improve their cost-efficiency as well as their sustainability performance.
Ghent, Belgium – 13 July, 2010 – Increasing sustainability through additive innovation is central to the many cutting-edge developments for polyolefins to be presented by Milliken at K 2010. Milliken will showcase pioneering possibilities in optical enhancement and processing improvements for packaging, automotive and technical applications, with the added bonus of energy reduction, less material consumption, and more cost-effective production.
Ghent, Belgium – 5 July, 2010 – Total Petrochemicals USA, Inc., a leading polypropylene (PP) producer headquartered in Houston, and Milliken Chemical, a division of Milliken & Company, collaborated on a new metallocene PP resin clarified with Milliken’s Millad® NX8000 technology. The new material, Total Petrochemicals’ Lumicene® M3382MZ polypropylene, produces thermoformed parts with superior clarity and gloss and excellent side wall stiffness. The resin is ideal for deli containers, drinking cups, lids, domes and food service trays when high clarity and stiffness are important. The combination of Milliken’s high-performance clarifier and Total’s proprietary metallocene technology will help drive expanded use of low-density PP as a cost-effective and environmentally responsible replacement for other clear plastic materials. 
Muttenz, June 8, 2010 - Clariant Masterbatches celebrates an industry milestone with the achievement of ISO 13485 accreditation for its global production plants for masterbatches for the medical and pharma sector. Clariant is pioneering the global implementation of ISO 13485 by masterbatch and compound suppliers with now two of its three specialist regional competence centers attaining external accreditation of the quality management standard for the medical and pharmaceutical industry.
Sittard, the Netherlands – June 7, 2010 – Shorter cycle times, lower energy costs, increased downgauging possibilities; the SABIC® PP Flowpact range of impact copolymers has proven a success in the market, with further extensions to the range foreseen for Q4 2010.