HIPS nanocomposites show superior chemical resistance

(Omnexus) -- A series of polymer ≈ organoclay nanocomposite materials consisting of GPPS and HIPS, layered montmorillonite organo clay (MMT) were prepared by dispersing nanophase in the organic PS matrix via in situ thermal polymerization. The nanocomposite effects on the chemical resistance and mechanical properties modification of PS and HIPS were investigated and characterized by XRD, SEM, chemical and mechanical testing. The results show That HIPS/organo clay nanocomposites have the superior chemical resistance.

MRC

Dow Wire launches 100% bio plasticizers

(Dow) -- Dow Wire & Cable, a business unit of The Dow Chemical Company (⌠Dow), launched new "Equilibrium" Bio-Based Plasticizers, a new family of phthalate-free plasticizers for use in wire insulation and jacketing that are made from nearly 100% renewable feedstocks. The use of "Equilibrium" Bio-Based Plasticizers in PVC compounds for wire applications can help cable-makers and original equipment manufacturers (OEMs) reduce greenhouse gas emissions by up to 40% if used instead of traditional PVC plasticizers. The new plasticizers were developed to meet growing demand for more sustainable options in wiring applications such as personal electronics and appliance wiring, residential and commercial building wiring, communications and data cabling, and automotive wiring.

MRC

MRC Reference


Borealis announces net profit and positive results

(Borealis) -- Borealis, a leading provider of chemical and innovative plastics solutions, announces a net profit of EUR 38 million for the full year 2009, compared to EUR 239 million in 2008. The company ended 2009 with a return on capital employed (ROCE) after tax of 2%, down from 9% in 2008. Despite its ongoing significant investments, Borealis' net interest-bearing debt decreased by EUR 55 million due to a significant focus on working capital management and specific cost reduction measures. Borealis' financial position remains solid with a gearing ratio of 43% at the end of 2009, compared to 47% at year-end 2008.

Borealis' performance was affected by the economic crisis, which hit with full force in 2009, causing a significant downturn in consumer and industry demand and placing polyolefin margins under pressure, as well as costs incurred due to the start-up of the LDPE plant in Stenungsund, Sweden. Borouge's contribution in 2009 was also impacted by the economic crisis and costs related to the upcoming start-up of Borouge 2. In order to stay competitive Borealis had to take difficult decisions, one of them being the closure of its high-density PE plant in Beringen, Belgium, by March 2010.

MRCMRC Reference

Borealis. The share in the Russian market in 2008:

polyethylene - 4.1% (including HDPE - 4.7%, LLDPE в─⌠ 8.7%);
polypropylene в─⌠ 3.2% (PP-impact - 7.5%).

Annual sales growth in Russia over the last 5 years:
polyethylene - 11%;
polypropylene в─⌠ 6%.

Leader in polymers processing technologies:
extrusion coating;
cable extrusion;
injection molding.

Investments into packaging sector down 2 times in 2009

MOSCOW (MRC) -- In 2009 investments in the packaging sector went down by 53 % as compared with 2008 (to USD 41 mln) - according to MRC Annual reports.

Polyethylene imports dropped by 9% in that sector (24 kt), and those of PP went down by 23% (11 kt).

Imports replacement was actively developing in the packaging sector over the last years. Investments into equipment used to produce packaging amount to nearly 20% of the overall volume.



Alkor (Magnitogorsk) was the leader in investments into the packaging sector in 2009, having bought Kuhne, Anlagenbau and Gabler equipment.

Alpla group continues to expand its PET production capacities. In 2009, it imported about 10 lines to produce packaging for cosmetics and pharmaceuticals (Husky and Soplar equipment).

Schoeller Arca Systems imported Krauss Maffei moulding machines to produce Big Box. Alpha-plast, Polyer, Kutterer-Rus and Cerber are among the major investors in the packaging sector. Kamskie Polyany production complex is being actively developed, as well. Tatlesstroy expanded its capacities having imported equipment to produce s-type polypropylene sheets.

MRC

Detailed analysis of the events that took place in the Russian polymers market in 2009 and its development outlooks for 2010 can be found in MRC Annual reports.

Sharp Interpack sold to French packaging firm

(prw) -- Sharp Interpack has been purchased by the French packaging firm Groupe Guillin. Details of the deal, which includes the production facilities in Ayelsham, Bridgewater and Yate, were not revealed.


The UK company, which had a turnover of some GBP86m during its last financial year to March 2010, is now 100% owned by the French packaging giant, which claims the deal will be beneficial for both bottom line and cash flow.

"The combination of Groupe Guillin's expertise alongside Sharp Interpack's UK market exposure allows Guillin to reinforce its leading position in the European fruit and vegetable market, to widen its strategic positioning with meat products and to develop new industrial and commercial synergies," said a company statement.

MRC