Crest Foam was jointly owned by the Vita Group, UK,...
Solutia Inc. is acquiring the German company Etimex...
For 25 years, the German company Evonik Tego Chemie...
BASF recently introduced two new brands for its...
LATEST NEWS
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Industry
Recticel wants automotive trim partnerRecticel SA has announced that it is seeking a partner for its automotive interior trim activities and will approach potential investors over the coming months. The company said this would enable it to move from producing only skins for dashboards and door panels to the manufacturing complete components. According to Recticel, an alliance would help “to ensure the arrival of new customers” for its Colofast Spray process. This patented technology enables the production of spray cast PUR films for lamination onto plastics substrates. Recticel operates 11 Colofast Spray plants worldwide and also entered several licensing agreements for the technology. The company’s newest facility at Schönebeck, Germany, started up early this year producing PU skins for dashboards and door panels on th |
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Technology
I&J FISNAR: VC-1195A Dispensing Valve ControllerVC-1195A valve controller allows for control of one or two dispensing valves. When dispensing medium to high viscosity materials using a valve, the normal spring return action may be too slow. To speed up the return/closing cycle and to eliminate dripping, it is recommended to use the VC-1195A valve controller to control both the ON and the OFF action of the valve. VC-1195A greatly enhances the performance of any valve designed for a 4-way operation. By using air to both open and close the valve, the valve controller provides much 'crisper' valve closing. Particularly when using the 790HP series spool valves, the VC-1195A valve controller maximizes the valve suck-back action and closes the valve more quickly, reducing material 'stringing' problems. It is recommended that all automate |
British Vita shareholders vote through TPG dealShareholders of British Vita PLC, Manchester, England have voted overwhelmingly in favour of the proposed cash purchase of the company by Texas Pacific Group, Fort Worth, Texas, for EUR668 million. At a court meeting on 16 May, the proposal gained the support of 89% of voting scheme shareholders, representing 99% of shares by value . Around11% of shareholders, though representing only 1.3% of scheme shares by value, voted against the proposal. The vote enabled Britsh Vita to pass a resolution for TPG to purchase the group at an Extraordinary General Meeting. The acquisition remains subject both to formal clearances both from UK courts and from competition authorities in the EU and the US. |
BASF establishes polyurethane system house in ThailandBASF is establishing a polyurethane systems house at its existing site in Bangpoo, Thailand. The facility, which is the group’s 29th systems house worldwide, will start up in the first quarter of 2006, producing tailor-made systems for the footwear, appliances, automotive and construction sectors, the company announced on 12 May. BASF said the system house in Thailand will work closely with its regional centre for polyurethane specialties, which is being established in Pudong, Shanghai. The Chinese site will include a Technical Research & Development Center, a PU system house and a production plant for thermoplastic polyurethanes (TPU). BASF is also planning to start up world-scale production plants for MDI and TDI, in Caojing, Shanghai, with partners in 2006. “Thailand is an importa |
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Industry
Kingspan buys UK panel makerIrish insulation and building products group Kingspan has acquired Advanced Thermal Composites Ltd (ATC), Warrington, UK for around GBP21 million (EUR31 million). ATC manufactures composite sandwich panels and manufactures continuous polyisocyanurate (PIR) and discontinuous polyurethane panels mainly for cold storage and food preparation applications. Kingspan said it will pay GBP20m (EUR29m) on completion of the deal, with a further GBP1m (EUR1.5m) deferred consideration payable over a period of three years except in certain circumstances. This represents a multiple of 6 times historic EBITDA (earnings before interest, tax, depreciation and amortisation) and 6.4 times historic EBIT (earnings before interest and tax), said a 9 May Kingspan statement. ATC had sales of around GBP15.3m |
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Industry
New PU facility in TianjinTianjin Cosmo Polyurethane Co. Ltd, Tianjin, China, is investing RMB258 million (EUR25m) to build a plant with capacity to produce 18,000 tonnes of polyester polyols and 36,000 tonnes of polyurethane per year. The Tianjin facility is expected to achieve annual sales of RMB1.1 billion (EUR105m), according to a statement from Tianjin Economic-Technological Development Area (TEDA). Tianjin Cosmo, a joint venture between Sinopec Tianjin Petrochemical Company and Japan’s Mitsui Takeda Chemicals Inc of Tokyo, manufactures polyesters, polyether and isocyanate raw materials. The company supplies PU materials for home appliances, automotive steering wheels and seating to customers including appliance manufacturers Haier and Hisense as well as suppliers Japanese car maker Toyota. |
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Technology
PU foam protects BP pipelineBP has started to use polyurethane foam erosion dams instead of sand bags to protect its major oil and gas pipelines. The moulded foam dams, which stabilise earth on steep sloping terrain, are initially being used on the oil company’s 1768km Baku-Tbilisi-Ceyhan (BTC) pipeline that will take oil from the Caspian Sea to the Mediterranean. UK company Industrial Foam Systems (IFS) is supplying the PU chemical system for the BTC pipeline. The specially developed low-density, open-celled, rigid foam system, called Cellafoam 35, is manufactured at the company’s facility in Kings Lynn, Norfolk, and exported to a BP location in Georgia. The PU system is moulded in-situ around sections of the pipeline as they are being laid in the ground. PU foam erosion breakers are designed to give the pipeline |
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Industry
Merquinsa raises TPU prices by 10% worldwideMerquinsa, Montmeló (Barcelona), Spain, has announced a 10% global price increase for its TPU (thermoplastic polyurethane) specialty resins with effect from 10 May. The increase is in response to supply issues and cost increases for PU raw materials, the company said. “The magnitude of the continued rise in raw materials costs makes this price increase essential to meet our customers’ needs long term,” according to Jean-Marc Galvez, global business manager at Merquinsa. |
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Industry
Stepan increases PU sales and earningsStepan Company, Northfield, Illinois, USA, has announced a 53% rise in sales and “significantly better” earnings for its Polymers group in the first quarter. The business produces aromatic polyester polyols (APPs), polyurethane systems as well as phthalic anhydride for use in plasticizers and polyester resins. In the three months of 2005, the Polymer group sales rose to USD57.4 million largely because of higher selling prices caused by continued raw material cost increases, said Stepan. Sales volume grew 5% for the period ended March 31, according to the company. Polymer earnings improved due to higher volumes, particularly for higher margin polyurethane polyols, and an improved sales mix, said the company. Volume growth was partially offset by a decline in phthalic anhydride volume, a |
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Industry
Electrolux closing refrigerator plantsElectrolux, Stockholm, Sweden, is closing or downsizing five of its refrigerator plants in European and the USA as part of a strategy of relocating production to low-cost regions, Hans Stråberg, president & CEO, said at the appliance maker's annual general meeting on 20 April. Electrolux is investigating the possible closure of the refrigerator factory in Fuenmayor, Spain, with 450 employees and the downsizing of production at its refrigerator factories in Mariestad, Sweden and Florence, Italy. The downsizing concerns unprofitable product volumes and could affect 300 employees in Mariestad and 250 in Florence, said Stråberg. The company expects to complete the rationalisation by the end of 2008. Electrolux is currently shutting down one of its Greenville plant is the plant in the USA, |
Szycher's Handbook of Polyurethanes
Year: 1999
Edition: 1
Publisher: CRC Press
This handbook compiles data from many sources, exhaustively illustrating the complex principles in...
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