IMCD takes over the distribution of Altropol

(IMCD) -- Altropol Kunstoff GmbH (Germany) and IMCD Group announce a new distribution partnership. As of 2012, IMCD will be promoting the polyols with the trade name "Neukapol" in Europe and South Africa.

The ⌠Neukapol specialties are based on renewable resources and are used e.g. in coatings,
adhesives and sealing compounds.

Altropol strives to always offer the best product for customer needs. Sustainability and responsible use of resources are key for the development of new products according to the latest scientific trends.

IMCD Coatings with its international network and five coatings laboratories worldwide is the ideal distribution partner for Altropol. The ⌠Neukapol polyols complete the IMCD portfolio and are a perfect fit with other resin systems.



MRC

Husky announces sale of Injectoplast to Alpla

(Husky)-- Husky Injection Molding Systems today announced that it has signed an agreement to sell Injectoplast, the former closure injection molding operation of KTW, to Alpla Holding GmbH (A-6971 Hard, Austria).

Injectoplast was a division of KTW, a closure mold maker that Husky acquired in early 2011. At the time of the KTW acquisition Husky announced that it would be divesting Injectoplast due to potential conflicts with its existing injection molding customers. After completing a thorough process, a deal has been signed with Alpla Holding GmbH. The deal is anticipated to close before the end of the first quarter of 2012.

About Husky ≈ Husky Injection Molding Systems is a leading global supplier of injection molding equipment and services to the plastics industry. The company has more than 40 service and sales offices, supporting customers in over 100 countries.


Husky's manufacturing facilities are located in Canada, the United States, Luxembourg, Austria and China.


MRC

India's SPL reports net loss of Rs 7.25 crore for Q4

(Plastemart) -- Leading Indian polystyrene producer Supreme Petrochem (SPL) has reported a net loss of Rs 7.25 crore for the quarter ended December 31 amid higher cost of inputs and lower demand for end products.

A profit of Rs 15.85 crore was reported by SPL in the same period last year. SPL's total sales for the quarter rose to Rs 499.52 crore from Rs 456.7 crore in the corresponding period last year.

"High input costs, shrinking domestic market due to low demand for end products including household appliances, sluggish export market as a consequence of economic slowdown and political unrest and volatile foreign exchange rates resulted in reduction in overall sales by 11.65 per cent and squeezed margins, adversely impacting the quarterly performance," the company said in a statement here adding it foresees an improvement in the market conditions in the second half of the financial year.




MRC

INEOS announces PVC-S price increase February 2012

(INEOS) -- List prices for INEOS ChlorVinyls Suspension PVC grades have been increased by Euro 100 per metric tonne with immediate effect and as contracts allow.


INEOS ChlorVinyls continues to make investments across its manufacturing operations to maintain the highest standards of safety and environmental performance - demonstrating commitment to the 'Responsible Care' philosophy. Company operates large integrated sites that enable to manufacture a large range of products to the highest standards of quality and efficiency.


INEOS ChlorVinyls is one of the major chlor-alkali producers in Europe, a global leader in chlorine derivatives and Europe's largest PVC manufacturer.

MRC

Deceuninck FY sales fall as consumer confidence wanes

(Reuters) -- Belgian group Deceuninck's sales fell by almost 4 percent in 2011 as gloomier consumers spent less money on its high-tech PVC window frames, it said on Thursday.

"The worldwide economic environment impacted consumer confidence in most regions, this reduced the willingness to invest in insulation improvements in the residential market," Chief Executive Tom Debusschere said in a statement.

In its home country, people were the most pessimistic in January that they have been for two and a half years due to government austerity measures and the financial crisis, data from the central bank showed last week.


Deceuninck's sales decline, however, was less steep than the 20 percent fall it saw in 2009, when the banking crisis was in full swing.

Full-year sales of 536 million euros (USD 695.4 million) were broadly in line with analysts' consensus.

MRC