1:44 min
PET materials
INVISTA completes refinancing, recapitalization
INVISTA B.V. and its subsidiaries on Friday completed a refinancing and recapitalization effort that has substantially reduced the company’s debt, improved its capital structure, and resulted in a solid debt-to-total-capital ratio of approximately 20 percent.Since June, INVISTA has ...
0:46 min
PET materials
Equipolymers announces divestiture of Equipolymers Srl
The shareholders of Equipolymers, The Dow Chemical Company and Petrochemical Industries Company of Kuwait, have announced today the decision to divest its Italian entity, Equipolymers Srl, due to disappointing financial results. This divestment includes the Ottana, Italy, ...
2:56 min
PET materials
INVISTA introduces PolyShield® resin technology in the US
INVISTA, one of the world’s largest integrated polymers and fibers producers, is now offering its PolyShield® resins for PET barrier packaging applications to the U.S. market. This breakthrough monolayer PET barrier technology is already used extensively in Europe for beer, juice, ...
0:41 min
PET materials
Eastman to discontinue production of Eastman™ PET 5214A product
Eastman Chemical Company (NYSE:EMN) will discontinue production of Eastman™ PET 5214A at the end of 2008.Eastman PET 5214A is a PET resin commonly sold to customers for use in the pharmaceutical industry. Consistent with previous announcements, Eastman will be exiting this PET ...
1:51 min
PET materials
Eastman Tritan™ copolyester receives favorable opinion from Health Canada
Eastman Chemical Company announced today that Eastman Tritan™ copolyester received a favorable opinion for use in contact with food from the Food Directorate of Canada’s federal health department, Health Canada. Tritan™, a new-generation copolyester, is used in a broad range of ...
2:43 min
PET materials
Highly clarified, high flow polypropylene grades from PolyMirae offer customers cost-saving potential
PolyMirae Company Ltd, a joint venture of LyondellBasell and Daelim, has developed two new PP resins, Clyrell RC5003 and Moplen RP5007, which aim to address the increasing demands of customers in high transparency and high flow applications.Given its high transparency, Clyrell RC5003 ...