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Companies

10.03.2014 BASF  PolyAd Services subsidiary sold to Edgewater Capital Partners / Focus on light stabilisers, antioxidants and customer specific blends

10.03.2014 MONDI  German packaging plant officially shuttered

10.03.2014 SONATRACH  Algerian oil and gas giant pulls out of planned PE joint venture with Total / Launches expansion plans in Skikda

10.03.2014 NAMPAK  Additional multi-layer flexible packaging capacity in South Africa / New Windmöller & Hölscher co-extruder to serve special needs of African market

10.03.2014 FREUDENBERG  South Korean joint venture for “vileda” household products division / Rising demand for German consumer brands

10.03.2014 RKW  Follow up: RKW Agri subsidiary established / Hyplast activities to be allocated to Philippsthal and Michelstadt production sites in Germany

07.03.2014 ARKEMA  Poor market conditions in Europe hit profits and sales in 2013 / Growth strategy aim at boosting sales

07.03.2014 BASF  Changes in Ludwigshafen “Ultramid” polyamide production setup / Raising output of “Ultramid C” for flexible packaging films

06.03.2014 ARMACELL  German synthetic foam producer acquires South Korean distributor

06.03.2014 POLYKEMI  Swedish compounder enlarges its foothold in the US / Omni Plast appointed contract compounder

06.03.2014 SCHUR FLEXIBLES  Purchase of Slovakian flexible films producer Moneta-S / New foothold in eastern Europe

06.03.2014 BRITISH POLYTHENE INDUSTRIES  European performance contributes to 10% operating profit increase in 2013 / Restructuring charge for UK consumer operations / “Encouraging” rise in volumes

06.03.2014 MATTEL  Acquisition of fellow toy manufacturer Mega Brands / Venturing into the plastic toy construction building sets business

06.03.2014 AVERY DENNISON  New PET liner collection facility added in Scotland / Recycling partnership with PET Processors UK

05.03.2014 NOVAMONT  Majority share in Mater-Biopolymer acquired from Mossi & Ghisolfi / Upstream integration through production of “Origo-Bi” renewable polyester used as “Mater-Bi” feedstock / Capacity for 100,000 t/y

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