16-06-2021
Packaging challenges of rapid urbanisation
OQ has hosted food packaging industrialists at a webinar exploring the contribution that high-grade polymers can make to enhancing environmental sustainability in food processing and packaging during an age of rapid urbanisation.
15-06-2021
UniteChem has opened a second R&D Center in Shanghai to boost the technical support of global customers
UniteChem Group, the world’s leading supplier of light stabilizers for plastics in a broad range of high-end industrial applications, has announced major investments to further expand the availability of its technical support capabilities for customers in Europe and worldwide. As part of the company’s commitment to invest 5 percent of its total revenue in R&D, UniteChem has recently opened a second R&D and Innovation Center in Shanghai, complete with state-of-the-art testing, analyzing and process evaluation equipment.
14-06-2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
11-06-2021
Mondi’s paper-based EcoWicketBag wins gold in 2021 EUROSAC Grand Prix
Mondi, a global leader in packaging and paper, has once again won the prestigious EUROSAC Grand Prix Sack of the Year award, this year for its revolutionary EcoWicketBag.
10-06-2021
Mondi and Hazeleger Kaas launch recyclable cheese packaging for Dutch market
Leading global packaging and paper group Mondi, along with cheese packaging company Hazeleger Kaas and brand owner Westland Kaas, worked together to package the well-known Dutch Maaslander brand in EnvelopeForm, a new fully recyclable polypropylene (PP) mono-material packaging solution. Most sliced cheese in the Netherlands is still packaged in mixed material film, which is difficult to recycle. This new packaging has a PP thermoforming top and bottom web, and a PP label instead of a paper label, so that the new solution can be recycled in its entirety. The solution has been certified as recyclable by the German institute cyclos-HTP.
10-06-2021
Clariant’s Glucamides win ACC Sustainability Leadership Award
Clariant is proud to announce that its low-carbon footprint Glucamide surfactants – its GlucoTain® and GlucoPure® product ranges - today received an American Chemistry Council (ACC) Sustainability Leadership Award, in the category Product Safety, Innovation and Transparency.
09-06-2021
Ascend expands HiDura™ LCPA production capacity
Ascend Performance Materials has expanded production capacity for HiDura long-chain polyamides in its Greenwood, S.C., plant. The multi-million dollar expansion will help the company meet growing demand for its new product line.
08-06-2021
GE receives Air Force airworthiness qualification in under a year for first metal 3D-printed, critical jet engine part
GE Aviation has received Engineering Change Proposal (ECP) approval from the US Air Force (USAF) for an F110 additively manufactured sump cover. The latest milestone in the USAF and GE’s pathfinder Pacer Edge program, this F110 component is the first engine component designed for and produced by metal additive manufacturing to be qualified by any US Department of Defense entity.
