Broadened Engineering Plastics’ Capabilities For PA Innovative Solutions

As previously reported at PIMI (Click Here), on January 31, 2020, BASF closed the acquisition of Solvay’s polyamide (PA 6.6) business. The transaction broadens BASF’s polyamide capabilities with innovative and well-known products such as Technyl®. This will allow BASF to support its customers with even better engineering plastics solutions, e.g., for autonomous driving and e-mobility. […]
Excellent Recycling Solution For Composites of PVC and Ultradur®

Modern insulation is a key to effective climate protection, and this also applies to window profiles in new and renovated buildings. BASF has developed an Ultradur® (Ultradur® B4040 G11 HMG HP green 75074) that can be used for co-extrusion with PVC and is now available with a significantly improved property profile. With this new Ultradur® […]
Launch of New Quester Contributed To Sales Growth in UAE, Kuwait and Oman

Middle East, January 27th, 2020 – The launch of the new, heavy-duty Quester, a series of major fleet deals and the announcement of a new retail partner in Saudi Arabia were among the highlights of 2019 as UD Trucks enjoyed another positive year across the Middle East, East and North Africa (MEENA) region. Against the […]
1.44% Increase In US$ Official Rate In Iran Increased Prices For The 9th Consecutive Week

PِِDID Office of NPC has announced the new base prices of polymeric and chemical materials for a week. These prices are valid for one week till Feb. 2nd., 2020 and the companies that have the allocation and permission codes to buy from the Tehran Stock Exchange may refer to these prices. This week, the global […]
PLASTICS Statement on CHINAPLAS Scheduling Announcement Regarding NPE

WASHINGTON, D.C., Jan. 22, 2020—Plastics Industry Association (PLASTICS) President and CEO Tony Radoszewski: “CHINAPLAS and NPE® share the same goal of providing a venue where the global plastics industry can come together, network, and grow. The Plastics Industry Association (PLASTICS) and NPE: The Plastics Show have long enjoyed a positive, mutually-beneficial relationship with Chinaplas and its producer, Adsale. […]
Full Implementation of Safety Principles Key in Developing Petchem Projects

TEHRAN (NIPNA) – The director of HSE Department at the National Petrochemical Company (NPC) said, “In the process of developing the petrochemical industry, we need foresight, targeting, planning and comprehensive implementation of health, safety and environment measures (HSE) as well as passive defense.” Davoud Emadi said on Wed. Jan. 22nd, in a meeting with the […]
The First Medical Grade PVC Unit In Iran Will Start Production By The Next Year

The Deputy Minister of Petroleum and Director of National Petrochemical Company (NPC) said: “Petrochemical complexes are allowed to export only after the domestic demand is fully met.” On Tue. Jan. 22nd, at a joint meeting with the leaders of the downstream industries of petrochemical industries, organizations and associations held at the presence of the head […]
Middle East Recruitment Market Overview by Pierre-Emmanuel Dupil

Based on a PR received from Michael Page Group, the group has released its 2020 Middle East Salary & Skills guide. The following text has been sent by the marketing department of this group. 2019 has been mostly in line with 2018, in terms of recruitment market trends, and the year has also confirmed a […]
Implementation of Anti-Money Laundering By The Iranian Customs Administration

Iran Customs Administration has required all its offices to follow anti-money laundering regulations approved by the government last October. As per the notice, customs offices across the country have started taking stringent measures while verifying import-export documents, potentially suspicious financial transactions, unruly and suspicious deals, transactions or deals that may be conducted on behalf of […]