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07-Aug-2006 - NOVA Chemicals Corporation announced that the company's executive leadership team will be streamlined as part of the restructuring announced on June 26, 2006. Chris Pappas, Senior Vice President and President of Styrenics, has been appointed Chief Operating Officer effective October 1, 2006. ...
26-Jun-2006 - As of July 2006, BASF will be increasing its margin for setting the price of the plastic polystyrene in Europe. In this context, the term margin refers to the difference between the price of polystyrene and the price of its main feedstock, styrene. To start with, BASF will be raising its margin ...
14-Dec-2005 - As of December 1, 2005, Hans W. Reiners has taken over responsibility for BASF's Styrenics Operating Division. He is succeeding Dr. Fred Baumgartner, who will be heading the Inorganics Operating Division starting January 1, 2006. Hans Walther Reiners was born in 1963 in Aachen, Germany, where he ...
Products accompanied by new ancillary services
12-Dec-2005 - BASF has a new marketing model for specialties in its operating division for styrenics. The company's new global business unit Specialty Polymers & Specialty Foams brings together products which have particular properties that distinguish them from high-volume standard plastics. These products ...
30-Nov-2005 - BASF has developed its first biodegradable plastic based on renewable raw materials. The plastic Ecovio® consists of 45 percent polylactic acid, a material obtained from corn (maize). The other component is BASF's existing biodegradable plastic Ecoflex®, which is derived from petrochemicals. BASF ...
17-Nov-2004 - BP and NOVA Chemicals Corporation announced that they have reached an agreement in principle to combine their European interests in Styrene Polymers to create one of the largest polystyrene and expandable polystyrene manufacturers and marketers in Europe. BP and NOVA Chemicals will each have a 50 ...
27-Aug-2004 - BASF is expanding its successful e-commerce activities. In the first half of 2004, the company posted e-commerce sales of approximately EUR2.65 billion. This corresponds to 17 percent of total sales (excluding the oil and gas business) and a 70 percent increase compared with the same period of ...
Business to be turned down if necessary
06-Aug-2004 - BASF will have to continue to raise the prices for its styrene-based and nylon products because of the continuously increasing price of benzene. If it is not possible to achieve these prices in the market and thus pass on the enormous increase in the cost of benzene to customers, then the ...
30-Jul-2004 - BASF and Shell announced today that they are reviewing strategic alternatives regarding their joint venture Basell, a global leader in polyolefins, in which they both hold a 50 percent equity interest. The options being reviewed by the shareholders include the sale of their stakes and an equity ...
01-Apr-2004 - BASF sells its specialty polystyrene business - which includes compounds of flame retardant and antistatic polystyrene specialty products - to Spartech Polycom SAS, a subsidiary of Spartech Corporation and a leading producer of polymer compounds with production facilities in the U.S., Mexico and ...
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