PRA News

Total Corbion PLA, a 50/50 joint venture between Total and Corbion, announces the start-up of its 75,000 tonnes/year polylactic acid (PLA) bioplastics plant in Rayong, Thailand. The plant has successfully produced Luminy PLA resins. The new facility will produce a broad range of Luminy PLA resins from renewable, non-GMO sugarcane…

German materials company Covestro says it has accelerated the expansion of its Thermoplastic Polyurethanes business (TPU) by raising its stake in its joint venture DIC Covestro Polymer Ltd. (DCP) from 50 to 80%. DCP, established as a 50/50 joint venture in the year 2000, is a supplier to the Japanese TPU industry.…

Vancouver, Canada-based Agrios Global Holdings Ltd, a data analytics driven agriculture technology and services company advancing the latest innovations in indoor growing science, has acquired Greenfields Agritech Limited , pursuant to a securities exchange agreement between Agrios, the Company’s wholly-owned subsidiary, Agrios Asia Holdings Limited Greenfields and the sole shareholder…

BEIJING, March 1 (Xinhua) — China’s economy will grow by over 6.5 percent this year and next with deleveraging and risk prevention as priorities of macro-economic policy, a report has said. Released at a meeting co-hosted by the Xinhua-run Economic Information Daily and Xiamen University, the report said steady and…

To be held from 16-20 October 2018 in Friedrichshafen, Germany, Fakuma will have 1,800 exhibitors showcasing machinery and technology related to injection moulding, extrusion, thermoforming and 3D printing. Organiser PE Schall says the show this year, the 26th edition, is completely sold out. Materials Ascend Performance Materials will showcase a new…

The application of 3D printing in medicine and healthcare is transforming patient care and improving outcomes, says Angelica Buan in this article. The demand to increase patient recovery and decrease downtime is pressing medical device manufacturers to craft cost-effective, innovative products. Customisation of medical devices through 3D printing technology is…

Private equity firm Sun European Partners, an affiliate of US-based Sun Capital Partners, has sold Elix Polymers, a manufacturer of ABS (Acrylonitrile-Butadiene-Styrene) resins and derivatives in Europe, to Beijing-based chemical giant Sinochem International for an enterprise value of EUR195 million. The proposed transaction is subject to customary regulatory approvals. Sinochem International is one of…

Luxembourg-headquartered caps/closures maker United Caps will build a new plant in Normandy, France, adding on to its eight existing plants in Europe and the two future extensions in Malaysia and in the UK. The new manufacturing plant will be set up in the Valframbert Business Park of Alençon, France. The…

Private equity firm Arsenal Capital Partners, which invests in middle-market specialty industrials and healthcare services companies, has acquired liquid mould rubbers and casting plastics firm Polytek Development Corp. from Morgenthaler Private Equity. The terms of the acquisition were not disclosed. Founded in 1984 and headquartered in Easton, PA, Polytek is a manufacturer of…

Automation specialist Keba, with its headquarters in Linz, Austria, is continuing along its path of increasing internationalisation by opening a subsidiary in Pune, close to Mumbai in India. Keba says it has had a successful presence in India with its control solutions for machinery since 2010, and it has also…