Global demand for thermoplastic elastomers (TPEs) is forecast to rise 6.3 percent per year to 5.6 million metric tons in 2015. Gains will represent acceleration from the pace of the 2005-2010 period, as motor vehicle production − the leading outlet for TPEs − rebounds in the United States and Western Europe.
The Center for the Polyurethanes Industry (CPI) honored Albemarle Corp., Baton Rouge, LA, and LINE-X Protective Coatings, Huntsville, AL, with the 2011 Innovation Award for the development of a new color-stable aliphatic coating technology.
Shell MDS and Evonik Industries signed a six-year contract for Evonik Industries to continue as Shell MDS’ distributor of Shell GTL Sarawax waxes (FT waxes) in Europe. Evonik will produce and sell modified GTL waxes globally with the brand name VESTOWAX®.
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