GERMANY: VIANOVA TO SECURE RESINS SUPPLY

Article Abstract:

Vianova Resins is considering to source synthetic resin from competitors or resort to its own factories in Frankfurt-Fechenheim and Hamburg in order make up for the loss of production, after an explosion and fire destroyed entirely a factory building in Wiesbaden. The explosion took place after 6 tonnes rather than 360 kg of maleic anhydride was used in the production of printing ink. It is not known yet whether an operator fault or software failure was involved. The damage caused by the explosion is estimated at DM 100mn.

Use of services, Printing Ink, Printing Ink Manufacturing, Printing inks, Vianova Resins GmbH

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GERMANY: BASELL SET TO BUILD HDPE PLANT

Article Abstract:

Basell, a joint venture of BASF and Shell, intends to set up a high density polyethylene plant in German Wesseling beginning October 2001. The new plant, which is to start operation in the fourth quarter 2003, is to be designed for a production capacity of 320,000 t of pressure tubes per year and will apply the advanced cascade process.

Capital expenditures, Polyethylene, High Density, BASF AG, High density polyethylene, BASELL C.V.

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TURKEY: ISPOL BOUGHT BY ELASTROGRAN

Article Abstract:

Ispol, a Turkish Pendik-based producer of PUR systems, has been acquired by Elastogran, a subsidiary of German BASF. The German company, which has been importing PUR to Turkey, is to rename Ispol into Elastogran Poliuretan Sanayi ve Ticaret A.S.

Asset sales & divestitures, Turkey, Pur

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