Converting News
BASF and INEOS sign joint venture contract for Styrolution
Company Information 05/31 2011 12:47
2011-05-30
P-11-283
Joint venture to be a leader in the global styrenics market
Ludwigshafen , Germany and Lyndhurst, UK - May 30, 2011 – BASF SE and INEOS Industries Holdings Limited have made an important step towards the establishment of the joint venture company Styrolution. On May 27, 2011 the companies signed a joint venture contract, which regulates the formation of the joint venture company Styrolution. The establishment of the joint venture is subject to approval by the appropriate antitrust authorities.¡¡» Read More
Omevital Omega-3 Fatty Acids Receive the Superior Taste Award 2011, BASF
Products , Company Information 05/30 2011 09:07
2011-05-27
P-11-277
The product Omevital™ liquid Omega-3 fatty acids from Cognis – which is now part of the BASF Group – earned the Superior Taste Award 2011 in the category Health and Diet Products last night, May 26, in Brussels. Omevital is a product in the series of highly pure Omega-3 fish oils from Cognis, developed especially for the foodstuffs and beverage market. The Superior Taste Award is presented each year by the International Taste & Quality Institute (iTQi), which is devoted to the evaluation, commendation and promotion of high-quality foodstuffs and beverages.¡¡» Read More
BASF to build world¡Çs largest single-train TDI plant in Europe
Materials , Company Information 05/27 2011 16:46
2011-05-26
P-11-278
Fully integrated 300,000 metric tons plant to start up in 2014
BASF will be able to serve customers¡Ç demand through local world-scale production in the largest geographic markets
Unique Verbund concept provides excellent cost structures
Ludwigshafen , Germany – May 26, 2011 – BASF will build the world¡Çs largest single-train TDI (toluene diisocyanate) plant in Europe. The plant will have a capacity of 300,000 metric tons per year and will be fully integrated with precursor production. The TDI plant will be located at one of the company¡Çs integrated Verbund sites in Antwerp, Belgium or Ludwigshafen, Germany and will start production in 2014. Engineering is underway and the final site selection will be announced shortly. TDI is a key component used for polyurethane foams.¡¡» Read More
Toppan Printing and Arisawa Manufacturing enter tie-up in patterned retardation film business for 3D-compatible display
Film , Company Information 05/26 2011 12:44
May 20, 2011
Toppan Printing Co., Ltd. (hereafter referred to as Toppan Printing; head office: Chiyoda-ku, Tokyo; President & Representative Director: Shingo Kaneko) and Arisawa Manufacturing Co., Ltd. (hereafter referred to as Arisawa Mfg.; head office: Joetsu-shi, Niigata; President & Chief Executive Officer: Sanji Arisawa) have agreed, as of May 10, 2011, on a business tie-up regarding patterned retardation film (FPR) for 3D-compatible displays adopting the passive method, which, through polarized glasses, shows different images concurrently to the right eye and the left eye.
Based on this agreement, the two companies are establishing on June 01, 2011 a joint venture company which engages in development of efficient mass-production technologies for patterned retardation films for 3D-compatible displays, and also manufacturing of such films.¡¡» Read More
Toray Starts Full-scale Sales of Ultrafine Nylon Fiber MICROMAFIN™ with Single Yarn Fineness of 0.5 Dtex -Material with Delicate Feel and Smooth Texture-
Products 05/20 2011 12:09
May 16, 2011
Toray Industries, Inc.
Toray Industries, Inc. (Chuo-ku, Tokyo; President & COO: Akihiro Nikkaku; hereinafter referred to as ¡ÈToray¡É) announced today that it would start selling MICROMAFIN™, an ultrafine nylon fiber with a delicate feel and superior softness. Toray in April started shipping the product to major apparel manufacturers, and it aims to achieve a sales volume of 25 tons in the first year on the market and 100 tons in three years primarily for making stockings and inner wears.¡¡» Read More
Toyota and SDK Receive Ichimura Industrial Award for Development of Cooling Devices for Power Control Units
Products , CONVERTING PRODUCTS , Company Information 05/16 2011 12:39
TOYOTA INDUSTRIES CORPORATION
Showa Denko K.K.
May 16, 2011
Technical experts of Toyota Industries Corporation (Toyota Industries) and Showa Denko K.K. (SDK) have received the 43rd Ichimura Industrial Award, from the New Technology Development Foundation, for their joint development of cooling devices for power control units installed in new-model hybrid cars.¡¡» Read More
Toppan Printing and Taiwan's Chi Lin collaborate to launch an electronic paper business targeting use in industry
Printed Electronics , Company Information 05/13 2011 16:42
May 12, 2011
Toppan Printing and Taiwan's Chi Lin collaborate to launch
an electronic paper business targeting use in industry
- Jointly creating a new smart application market -
In March 2011, Toppan Printing Co., Ltd. (hereafter Toppan Printing; head office: Chiyoda Ward, Tokyo; President & CEO: Shingo Kaneko) and Chi Lin Technology Co., Ltd. (hereafter Chi Lin; President: Y.G. Hsu), a core company in Taiwan¡Çs Chi Mei Group, reached a basic agreement on a collaboration in electronic paper business targeting industrial applications such as electronic price tags, retail point-of-sale displays, and logistics instruction labels.¡¡» Read More
Global BASF team donates more than €2 million for victims of Japanese disaster
Company Information 05/12 2011 11:43
2011-05-09
P-11-250
Ludwigshafen , Germany – May 9, 2011 – Employees of BASF worldwide have donated more than €780,000 to the victims of the Japanese earthquake and tsunami. BASF fully matched each donation contributed by the employees one-to-one. Including these funds and the initial contribution by BASF, donations therefore total over €2 million.¡¡» Read More
Powerful start to 2011: BASF remains on growth track
Company Information 05/09 2011 08:37
2011-05-06
P-11-239
Sales (up 25%) and EBIT before special items
(up 40%) far above previous year¡Çs levels
Cognis integration progressing rapidly
Outlook for 2011 confirmed
Ludwigshafen , Germany – May 6, 2011 – BASF has had a powerful start to 2011. Capacity utilization rates in the company¡Çs plants were good; in particular, demand in the chemicals business (Chemicals, Plastics, Performance Products, Functional Solutions) increased compared with the same quarter of the previous year. Sales grew by 25% to €19.4 billion. The Cognis businesses acquired in December 2010 made a significant contribution to this substantial sales growth. The earthquake off the coast of Japan and its aftermath as well as the tense political situation in North Africa have not yet had a significant impact on BASF¡Çs business.¡¡» Read More
BASF offers packaging industry innovative barrier solutions against mineral oil residues
Coating 05/06 2011 09:02
2011-05-03
P-11-252
Solutions for every type of packaging and manufacturing process
Ludwigshafen , Germany – May 3, 2010 – BASF offers the packaging industry a variety of barrier solutions that demonstrate a high effectiveness in preventing mineral oil residues from migrating from cardboard food packaging into food. This has been confirmed through a series of studies conducted by the official Food Safety Authority of the Canton of Zurich on the BASF products Ultramid®, Epotal® A 816, Ecovio® FS Paper and specially developed dispersions. Four different solutions are available for coating every type of food packaging, including paper, cardboard and film. In 2010, a study by Zurich Food Safety Authority scientists using a dedicated measuring method had detected alarming levels of mineral oil residues from cardboard packaging in food. The same method was used in the testing of the BASF products.¡¡» Read More