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Company Dynamic

Shell Endorses Climate Task-Force Recommendations

Shell Endorses Climate Task-Force Recommendations

2017-06-30

The first in the industry, Royal Dutch Shell said it's aligned with a transparency measure on climate steered by former New York Mayor Michael Bloomberg.

Vitol's Taylor Sees Brent Oil Trading at $40-$55 as U.S. Output Rises

Vitol's Taylor Sees Brent Oil Trading at $40-$55 as U.S. Output Rises

2017-06-30

Ian Taylor, head of the world's largest independent oil trader Vitol, says Brent crude prices will stay in a range of $40-$55 a barrel for the next few quarters as higher U.S. production slows a rebalancing of the market.

Covestro to Seek Acquisitions During Next Five Years

Covestro to Seek Acquisitions During Next Five Years

2017-06-30

Materials supplier Covestro AG will be looking to bolt-on acquisitions to boost its specialty business and add tailored solutions for its customers in the next five years, according to CEO Patrick Thomas.

Cooper Standard Opens Shanghai Testing, Prototype Centers

Cooper Standard Opens Shanghai Testing, Prototype Centers

2017-06-30

Cooper Standard Automotive Inc. has opened its new Asia-Pacific Sealing Test and Sealing Prototype Centers in Shanghai.

Vanguard Plastics Has Adopted Baxter As a Way to Boost Productivity

Vanguard Plastics Has Adopted Baxter As a Way to Boost Productivity

2017-06-29

Three Baxter collaborative robots toil away at Vanguard Plastics Corp., a small custom molder.

Production of Polyester Fabric down by 55pc a Big hit to MMF Sector in India

Production of Polyester Fabric down by 55pc a Big hit to MMF Sector in India

2017-06-29

The production of grey fabrics has taken a hit in Surat, the country's largest man-made fabric (MMF) sector with production decreasing by almost 55 percent in the last fortnight due to the agitation by textile traders against Goods...

Axalta Exhibits Wood Coating Portfolio at AWFS Fair in Las Vegas

Axalta Exhibits Wood Coating Portfolio at AWFS Fair in Las Vegas

2017-06-29

Axalta Coating Systems will exhibit its recently acquired wood coatings products and services at the Association of Woodworking & Furnishings Suppliers (AWFS) Fair in Las Vegas from July 19 to 22, 2017.

Automated Vision Systems Sales Up 10 Percent

Automated Vision Systems Sales Up 10 Percent

2017-06-29

AIA of Ann Arbor, Mich., reports that North American sales of machine vision systems and components hit $597 million in the first quarter of 2017, a 10 percent gain on the first quarter of last year.

Front-End Supplier HBPO Adding Two Plants in Mexico

Front-End Supplier HBPO Adding Two Plants in Mexico

2017-06-29

Auto supplier HBPO GmbH is expanding its North American presence by adding two new plants in Mexico and is adding more plastics production with a new contract to mold active grille shutters in the region.

New Jersey Molder Weiss-Aug Expands to Mexico

New Jersey Molder Weiss-Aug Expands to Mexico

2017-06-29

New Jersey custom insert molder and injection molder Weiss-Aug Co. Inc. has opened its first manufacturing facility outside the United States in the Monterrey metropolitan area of northern Mexico.

Benecke-Kaliko, Hornschuch Surface Materials to be Branded Continental

Benecke-Kaliko, Hornschuch Surface Materials to be Branded Continental

2017-06-29

Surface material products produced under the brand names of Benecke-Kaliko and Hornschuch will be branded as part of Continental AG, as the merger of the two companies gathers pace.

Ascend Looks for Growth in Autos, Packaging Markets in China

Ascend Looks for Growth in Autos, Packaging Markets in China

2017-06-29

Nylon 6/6 powerhouse Ascend Performance Materials is looking at growth in China's packaging and automotive markets as it continues to cope with the tightening market globally for its wares.

Farrel Pomini's New US Headquarters the Right Size for Growth

Farrel Pomini's New US Headquarters the Right Size for Growth

2017-06-29

Farrel Pomini employees are working on the long-term future, such as the growing use of biopolymers and new compounding technology, while they look to the past — literally over the hill from their gleaming new building in Ansonia.

DuPont Targets China's Auto Market with Blow Molding R&D Investment

DuPont Targets China's Auto Market with Blow Molding R&D Investment

2017-06-29

Anticipating a surge in demand for turbo-charged engines in China’s automotive industry, DuPont Co.'s performance materials unit has installed a 3D suction blow-molding machine at its Shanghai research and development center.

Clear Lam Brings More Film, 'Perimeter' Packaging to Sonoco

Clear Lam Brings More Film, 'Perimeter' Packaging to Sonoco

2017-06-29

Sonoco Products Co. is delving deeper into flexible and forming packaging films through the purchase of Clear Lam Packaging Inc.

BASF and Norilsk Nickel Enter Exclusive Negotiations to Cooperate

BASF and Norilsk Nickel Enter Exclusive Negotiations to Cooperate

2017-06-29

BASF and PJSC MMC Norilsk Nickel (Nornickel) announced today that they have signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production...

Comar Snags Injection Molder, Mold Maker ProPlas

Comar Snags Injection Molder, Mold Maker ProPlas

2017-06-29

Packaging firm Comar LLC has acquired injection molder and mold maker ProPlas Technologies for an undisclosed price.

Renolit Plans $25 Million Indiana Expansion

Renolit Plans $25 Million Indiana Expansion

2017-06-29

PVC film producer American Renolit Corp. is planning a $25 million expansion at its La Porte, Ind., factory.

Reliance Industries Refinances $2.3 bn Loans to Cut Interest Cost

Reliance Industries Refinances $2.3 bn Loans to Cut Interest Cost

2017-06-29

Reliance Industries refinanced USD 2.3 billion of syndicate and club loans resulting in substantial interest savings, company Chairman Mukesh Ambani has said.

Wittmann Revises Rotational Axes for Robots

Wittmann Revises Rotational Axes for Robots

2017-06-29

Wittmann Group has completely revised additional rotational axes for its W821 and W321 series of compact robots.

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