Quadrant new plastics for food processing industry

(Quadrant Plastics) -- Quadrant extends its portfolio of food compliant materials by polyethylene PE, polyoxymethylene (POM) and polyamide (PA6) based metal detectable plastics for food processing equipment enabling manufacturers to more efficiently address the issue of breakage and wear in equipment parts.

The food processing industry requires plastics equipment parts that will provide the high level resistance to wear and tear, and the cleanliness necessary for today's fast line speeds. At the same time parts must provide the reassurance of easy detection should fragments or particles break off and fall into the foodstuff during processing.

Quadrant is a leading global manufacturer of high-performance thermoplastic materials in the form of semi-finished products and finished parts with locations in 20 countries and more than 2 000 employees. Its specialty engineering thermoplastics and composites are superior in performance to metals and other materials and are used in a growing number of applications, primarily in the capital goods industry.

MRC

(ABC) -- Azerikimya, a sub-company of the State Oil Company of Azerbaijan (SOCAR) keeps on consultations with leading companies around the world. The SOCAR informs that the representatives of Samsung Engineering, one of the world's leading producers of ethylene, polyethylene, butadiene, held talks with the Azerikimya's management and claimed of an interest in participation in the upcoming modernization of the SOCAR sub-company's chemical enterprises. The sides agreed to continue consultations on the issue.

MRC

(Plastemart) -- China is expected to form an annual coal-to-olefin production capacity of 10 mln tons by 2020, at a required investment outlay of 250 billion yuan (US$37 billion).

China has included coal chemicals in the Twelfth Five-Year Program development plan, promising to steadily promote coal chemical projects in the 2011-2015 period.

Newly built capacities in this year include 8.6 mln tons of methanol; 1.48 mln tons of coal-to-liquid and 1.55 mln tons of coal-to-olefin.

MRC

(PRW) -- PolyBlend UK, a plastics manufacturing business formed following a management buyout just over a year ago, has bought its trading premises after securing funding from The Royal Bank of Scotland (RBS). The company has purchased the 27,000sq/ft property on Everite Way in Widnes from US-based Polyone, the previous owners of the business. The site houses PolyBlend's manufacturing, warehouse and office facilities.

The business, which manufactures PVC plastisols, also distributes polymer additives, including resins and inks. Its products are used in a wide range of market sectors, including automotive, flooring, coated fabrics and dip moulding.

PolyBlend currently employs 21 staff and has a turnover of 9.5m pounds - a figure which has increased significantly since the MBO team took over.

MRC

(PRW) -- Spanish oil and chemicals group Cepsa has signed an initial agreement to acquire the Artenius San Roque PET plant of leading European polymer producer La Seda de Barcelona. But the takeover deal is still subject certain conditions, among them the successful conclusion of workforce restructuring at San Roque's Cadiz site by Barcelona, Spain-based La Seda.

Earlier this year, La Seda revealed it had received three separate bids to buy the San Roque plant, which has a PET resins capacity of 175,000tpa. Operations at the southern Spanish facility have been suspended since September 2008. Up to then, Cepsa Quimica was the San Roque's main raw materials supplier.

Last year, the group threatened to shut down the plant altogether if it could not reach agreement to reduce its labour, raw materials and energy costs. San Roque plant should be back on stream early next year following a successful take over, according to Cepsa.

The deal marks another step in La Seda's disposal of a number of non strategic operations, part of the group's ongoing restructuring programme approved by its shareholders back in December 2009. The acquisition will expand the polyester value chain of Madrid-based Cepsa group's petrochemicals business Cepsa Quimica.

MRC