Braskem & INEOS Technologies Enter Strategic Partnership for Polyethylene (PE) Technologies

(PRNewswire) -- Braskem and INEOS Technologies have entered into a strategic partnership for PE technologies, under which Braskem is able to acquire licenses for Innovene S slurry and Innovene G gas-phase technologies to produce high density PE and linear low density PE, in future petrochemical projects. In addition, Braskem and INEOS Technologies will jointly conduct research and development programs for the slurry and gas-phase PE platforms.

The first petrochemical project to benefit from the partnership is the Etileno XXI project in Mexico, a project that is the basis of the newly established Braskem IDESA S.A.P.I joint venture between Braskem and GRUPO IDESA. The plants will produce a full range of monomodal and bimodal high density and medium density polyethylene resins, with a total name plate capacity of 750 KTA. Key product areas to be served by the new plants include pipe, blow molded containers, injection molding parts, film, and rotomolded tanks.

Braskem is the largest producer of thermoplastic resins in the Americas. With 31 plants located throughout Brazil and the Unites States, the company produces more than 14 billion pounds of thermoplastic resins each year.

MRC

Справка Маркет Репорт

(Plastemart) -- For The Bruckner Group, the K 2010 has been the highlight of a very special year: the company has celebrated its 50th anniversary and hit the road to the largest total order quantity ever.

Several contracts have even been freshly signed during the K. Among them were: highly advanced BOPET film production lines for high value packaging as well as industrial and optical applications; world`s largest BOPP lines with a working width of 10.4m; concepts for new lines or the modification of existing biodegradable film lines.

Founded in 1960, Bruckner Maschinenbau today ranks amongst the worldwide leading suppliers of production lines for high value mono- and biaxially stretched film as well as first-class equipment for the manufacture of cast film and sheet. In the field of film stretching technology Bruckner Maschinenbau is the world market leader.

MRC

(European plastics news) -- French housewares manufacturer Tefal was announced the 2010 winner of the EPRO Best Recyled Product award at the PlasticsEurope Identiplast conference in London for its Enjoy range of cook's spoons and spatulas, which are produced in 90% recycled PET.

Designed by London-based product design company Sebastian Bergne Design, the Enjoy range is manufactured in PET resin recovered from PET bottle waste, realising a 50% reduction in carbon footprint compared to virgin resin.

Designer Sebastian Bergne said the Enjoy product was designed not only to use recycled plastic but was also optimised to use as little resin as possible. It is intended to be competitive in a highly price-sensitive market without compromising on comfort or elegance.

The EPRO awards are organised by the European Association of Plastics Recycling and Recovery Organisations. Entries must be products less than three years old that are marketed in Europe and that contain at least 50% by weight of post-consumer or post-industrial recycled plastics.

MRC

(Plastemart) -- Japan Polypropylene Corp. plans to permanently shut two PP plants - The Kashima plant with capacity of 90,000 tpa will be shutdown in May 2011, and the 79,000 tpa Goi plant will be shutdown in June 2011.

Japan's Mitsubishi Chemical Corp plans to conduct planned maintenance at its three naphtha crackers in 2011, as per Reuters, probably between May and July. Kashima 1, with capacity to produce 375,000 tpa of ethylene, Kashima 2, with capacity to produce 453, 000 tpa of ethylene and Mizushima with capacity to produce 450, 000 tpa of ethylene will be shut sometime in May-July.

For the first time since 2007, Sumitomo Chemical Co plans to carry out maintenance work at its sole 380,000 tpa naphtha cracker in September 2011, for about 40-45 days.

MRC

(Plastemart) -- South Korea's number two ethylene maker Honam Petrochemical has acquired 72.3% stake in Malaysia's Titan Chemicals. Honam completed a payment of $990 million for stakes in Titan on November 9 and gained the managerial right.

The deal marks Honam's third acquisition, following Hyundai Petrochemical in 2003 and KP Chemical in 2004. Titan is Malaysia's largest integrated olefins and polyolefins producer, and one of the top 30 companies in Malaysia by asset size.

It has capacity to produce 1.2 mln tpa of olefins, 1.5 mln tpa of polyolefins, 0.2 mln tpa of aromatics, 0.1 mln tpa of butadiene and 38,000 tpa of BOPP film through facilities and plants located in Malaysia and Indonesia.

MRC