PolyOne offers expanded services and products for the European transportation industry

MOSCOW (MRC) -- PolyOne has expanded its offerings for the European transportation industry. This includes the launch of OnFlex LO thermoplastic elastomers with reduced VOC levels for vehicle interiors, said Gupta-verlag.

PolyOne said that the TPE technology of OnFlex LO reduces volatile organic compounds (VOCs) by 50 % and it therefore minimises fogging and odour in interior automotive components. The product is well suited for automotive applications including heating/ventilation/air conditioning (HVAC) seals, buttons, controls, coin trays, and drink holder mats. It can be overmoulded onto polyolefin substrates using two-shot injection moulding processes. The company said that it tested OnFlex LO TPE against its existing TPEs according to VDA 278 standard for VOCs and fog, and VDA 270 standard for odour. Results showed OnFlex LO TPE cut VOC emissions by approximately 50 % and fog emissions by 40 %, while maintaining very good low odour performance.

The company furthermore announced the availability of its IQ Design Labs services in Europe. "PolyOne continues to introduce new polymer solutions and design services to help our customers innovate," explained Holger Kronimus, vice president and general manager, Specialty Engineered Materials, Europe, at PolyOne. "Based on its success in North America, the IQ Design Labs service will now additionally support the creativity of Europe’s manufacturers and help them shrink the time required to introduce new products."

As MRC informed earlier, PolyOne Corporation announced the acquisition of Magenta Master Fibers (Magenta), an innovative developer of specialty solid color concentrates for the global fiber industry.

PolyOne Corporation, with 2014 revenues of USD3.8 billion, is a global provider of specialized polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, polymer distribution and specialty vinyl resins.

AnQore appoints Azelis as global distributor for acrylonitrile in drums

MOSCOW (MRC) -- With effect from July 1st, 2016, Azelis was appointed global distributor of AnQore’s acrylonitrile in drums, reported Plastemart.

Under this agreement, AnQore will transfer all existing acrylonitrile in drums business to Azelis. Azelis will continue to serve AnQore’s current customers for acrylonitrile in drums and will further develop the business.

Since 1969 AnQore has been manufacturing acrylonitrile at the Chemelot Industrial Park in Sittard-Geleen (The Netherlands). Mr. Pieter Boon, AnQore CEO, comments: "Our mission is to ensure that in our industry people can make use of the unique characteristics of acrylonitrile in the most safe and secure way possible. Azelis has a systematic approach to facilitate safe logistics and safe use of acrylonitrile in drums. Azelis also has a local presence in main markets across the globe, which enables more direct interaction with customers for acrylonitrile in drums. We are convinced that Azelis is the best partner to continue our acrylonitrile in drums business."

Mr. Denis Perruchot, Azelis Regional Business Manager for Chemicals, says: "Azelis has significant supply chain expertise in handling dangerous products, making us the ideal partner to distribute acrylonitrile. Acrylonitrile in drums customers will now benefit from local contacts who are on hand to give technical support and advice on safe handling of the drums. This material will make a valuable addition to the Azelis portfolio, bringing new customers and allowing us to extend our offering to existing customers."

As MRC informed earlier, in August 2015, Azelis was appointed by Evonik Industries as distributor for the Aerosil and Sipernat ranges of silica products to the Food, Personal Care, and Pharma Industries in Denmark, Sweden, Norway, and Iceland.

Nexeo and DSM extend distribution partnership

MOSCOW (MRC) -- Nexeo Solutions and DSM, a global science-based company active in health, nutrition and materials, have announced their agreement to extend and further develop their existing partnership, as per GV.

Both organisations plan to target to expand to Switzerland and Hungary offering DSM’s product range, including polyamides, PBT, PET and DSM’s thermoplastic copolyester under the brand name Arnitel.

Other areas of interest within the extended geography agreement between the two companies are Romania and Bulgaria. Plans to expand to these regions are said to start later in 2016.

As MRC informed before, in December 2015, Royal DSM announced that it had expanded its distribution capability through strategic partners Nexeo Solutions, Resinex and Ter Plastics Polymer Group to cover the entire EMEA region. As of January 1, 2016, DSM’s engineering plastics portfolio started to be available to customers throughout the EMEA region.

Besides, earlier, in 2013, Royal DSM signed a partnership agreement with long fibre thermoplastic (LFT) specialist Plasticomp (Winona, Minnesota/USA) to develop bio-based LFT composite materials based on DSM’s "EcoPaXX" polyamide 4.10. The lightweight materials, which include compounds reinforced with glass fiber as well as carbon fiber, will be targeted at automotive and other performance-driven markets.

Royal DSM is a global science-based company active in health, nutrition and materials. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials.

July oil exports to fall, but 70% higher than year ago

МОSCOW (MRC) -- Iran's oil exports in July are set to fall from June levels as the country battles Saudi Arabia and Iraq for market share, but are about 70% higher than a year ago, according to a source with knowledge of the country's crude lifting plans, Hydrocarbonpocessing.

Exports will be about 2.14 MMbpd in July, down from about 2.31 MMbpd in June, the highest since January 2012, the source said. The decline is mostly attributable to a fall in condensate exports as South Korea cuts purchases of the ultra-light oil and reduced crude liftings from European customers.

Iran's oil exports have nearly doubled since December, the last month before sanctions targeting its disputed nuclear program were lifted, but it is facing ever tougher competition from its rival Saudi Arabia and neighbor Iraq.

This year, "we are really seeing the triumvirate turning the screws, especially with the return of Iranian barrels after the lifting of sanctions," Matt Smith, a director of Commodity Research at ClipperData, said on his daily blog.

"Exports for the three nations are averaging more than 2.3 MMbpd higher through May year-to-date compared to the same period last year," he said. Iran has been regaining market share at a faster pace than analysts had projected since sanctions were lifted in January and exports will be above 2 MMbpd for a fourth month in July.

Exports to Europe in July are set to fall to about 430 Mbpd from about 580 Mbpd this month, the source said.

Iran's loadings to Asia in July are about the same as this month at 1.63 MMbpd, according to the source. Loadings peaked this year in April at 1.71 MMbpd.

Loadings for China, Iran's biggest customer, will be slightly over 654 Mbpd in July, up nearly 50 Mbpd from June. India will pick up about 480 Mbpd, the highest since March. South Korean loadings will be about half of those this month at 190 Mbpd. Japan is set to load about 235 Mbpd.

Greece, Italy, Spain and Turkey are all loading Iranian oil, according to the source. Poland is absent this month, after making its the first purchase since last August in June.

As MRC informed earlier, in March 2016. National Petrochemical Company (NPC) of Iran and France-based Total have signed an memorandum of understanding (MoU) to build a petrochemical complex in Iran.

Honeywell names Adamczyk as next CEO

MOSCOW (MRC) -- Honeywell says that president and COO Darius Adamczyk will succeed Dave Cote as CEO on 31 March 2017, said the company in its press release.

Cote, who has been chairman and CEO of Honeywell since 2002, will continue as executive chairman until the company’s annual meeting in April 2018.

Adamczyk, 50, was named president and COO earlier this year. Prior to that, he served as CEO of Honeywell Performance Materials and Technologies (PM&T), the company’s USD9.3-billion materials, chemicals and process solutions business.

Adamczyk will take up his new role on March 31, while Cote, who has led Honeywell for 14 years, will continue as executive chairman until the annual shareowners meeting in April 2018.

Honeywell, a U.S. manufacturer of aerospace parts and climate control systems, earlier this year bid for United Technologies Corp but the offer was rebuffed.

As MRC infromed earlier, in mid-June, Honeywell UOP has opened a new production line at its catalyst manufacturing facility in Shreveport, Louisiana.

Honeywell UOP has an 80-year history in China, beginning in 1937 when it built one of China’s first refineries in Yumen. It was one of the first American companies invited back to China during the 1970s, to help modernize the Chinese petroleum industry. More recently, Honeywell UOP hydroprocessing and Platforming technology has helped China develop cleaner-burning transportation fuels to combat air pollution.