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MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in EVA emulsions, has announced that it will increase the price of vinyl acetate-based dispersions sold in Europe, the Middle East and Africa, reported the company on its site.
PVAc homopolymer, vinyl acetate ethylene (EVA) and vinyl copolymer dispersions will increase by up to EUR50/tonne effective April 1, 2014, or as contracts allow.
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles.
The above price increase is in addition to the price increase previously announced on January 17, 2014, of up to EUR 25/tonne effective February 1, 2014, or as contracts allow.
As MRC informed earlier, in late February 2014, Celanese Corporation reaffirmed the previously announced price increase of USD0.04/pound (USD90/tonne) for all high VA (vinyl acetate) grades of Ateva EVA, effective February 1, 2014. In addition, Celanese expanded the announcement to include also all grades of low density polyethylene (LDPE).
Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of USD6.5 billion.
MRC
Celanese announces vinyl acetate-based emulsions price increase in Europe, Middle East and Africa
PolyOne launches innovative polymer technology to serve the healthcare industry
MOSCOW (MRC) -- PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions has announced the launch of NEU View Radiopaque Translucent Solutions, an innovative polymer formulation that provides catheter manufacturers and healthcare professionals enhanced material functionality and performance, as per the company's press release.
Catheters made using the patent-pending NEU View technology provide optical visibility (translucent) when outside the body and superior visibility under X-ray (radiopaque) when inside the body.
This technology enhances the ability of clinicians to make visual confirmation of fluid flow and can allow for detection of potentially harmful air bubbles that might cause embolisms, while patients can experience greater comfort via use of a single catheter. Manufacturers of catheters can benefit through increased production efficiency by eliminating a need for co-extrusion, which is typically required to manufacture striped catheters, as well as reducing material usage and complexity.
"PolyOne's specialization strategy is powered by our exceptional ability to innovate, and our launch of NEU View materials is the latest example," said Robert M. Patterson, executive vice president, chief operating officer, PolyOne Corporation. "Our healthcare solutions portfolio continues to grow, as does our mix in this important industry, where last year company revenues from healthcare reached USD413 million, as compared to USD103 million in 2006."
As MRC wrote before, in February 2014, PolyOne Corporation announced the addition of new capabilities to its OnColor HC Plus portfolio. These expanded offerings add medical-grade LDPE, nylon, PEBA, PS and PVC to the globally available palette of specialty healthcare colorants, and are pre-certified to meet or exceed biocompatibility requirements for ISO 10993 and/or USP Class VI protocols.
PolyOne Corporation is a global provider of specialized polymer materials, services, and solutions. PolyOne is a provider of specialized polymer materials, services and solutions with operations in specialty polymer formulations, color and additive systems, polymer distribution and specialty vinyl resins.
MRC
European HDPE prices dropped in March for CIS countries
March price of ethylene in Europe was reduced by EUR20/tonne, compared with the level in February. On the back of reduction in the feedstock costs and weak demand in the foreign markets, European producers had to decrease their HDPE export prices for the CIS markets.
This week deals for March delivery of European HDPE to the CIS markets were discussed in the range of EUR1,120-1,180/tonne FCA.
Some companies have reported tight supply of pipe polyethylene PE100.
In general, many companies have been in no hurry to agree with the price offer for European polyethylene. A participant of the negotiations said he hoped to achieve the price at the level of EUR1,090-1,100/tonne FCA, citing the high euro exchange rate and cheaper offers from Middle Eastern producers.
MRC
Huntsman expects EC to proceed to phase II with acquisition of Rockwood businesses
MOSCOW (MRC) -- Huntsman Corporation, the US chemicals producer founded by Jon Huntsman Sr., has announced that it expects the European Commission to proceed with an in-depth investigation (phase II) into Huntsman’s proposed acquisition of Rockwood’s Performance Additives and Titanium Dioxide businesses, reported the company in its press release.
The Commission would have up to 125 working days to make a final decision on whether the proposed transaction would significantly impede effective competition in the European economic area.
Peter R. Huntsman, President and CEO of Huntsman Corporation, commented: "Phase II is not out of the ordinary. We remain actively engaged with representatives of the European Commission as they continue their analysis and deliberation over our pending transaction with Rockwood. We believe the proposed combination will position us better to serve our customers and will provide a unique opportunity to unlock value within our Pigments business. We are working to satisfy the European Commission as soon as possible."
As MRC informed before, on December 18, 2013 antitrust review in the United States was completed, clearing the proposed acquisition to proceed.
Huntsman is a global manufacturer and marketer of differentiated chemicals. The company's operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging.
MRC
Japan VAM & Powal to shut its VAM plant in Japan
MOSCOW (MRC) -- Japan VAM & Powal (JVP) is likely to shut a vinyl acetate monomer (VAM) plant for maintenance turnaround, as per Apic-online.
A Polymerupdate source in Japan informed that the plant will be shut in mid-June 2014. It is likely to remain off-stream for around one month.
Located in Sakai, Osaka, Japan, the plant has a production capacity of 150,000 mt/year.
As MRC wrote previously, in October 2013, Ineos Enterprises announced the closure of its Vinyl Acetate Monomer (VAM) facility at Saltend in Hull. This announcement does not affect the Ineos Ethyl Acetate plant at the same site which will remain in production.
The VAM market has become increasingly targeted by cheap imports mainly from Saudi Arabia and the USA, both of whom benefit from low cost raw materials. The VAM plant in Hull gets one of its main raw materials, ethylene, down a pipeline from Grangemouth in Scotland.
MRC