News releases
July 2011
Obituary
“Woody” Woodfull. Sadly, passed away last Friday, aged 98.
As one of the key figures in BIP's growth during the 40's, 50's and 60's, The funeral is on Tuesday July 5th 2011, 2pm, at Robin Hood Crem in Birmingham.
Mr Woodfull was an industrial designer, who worked at BIP from 1934 – 1975, first as a silversmith and then in plastics
-He was best known for designing plastic tableware that dominated the British dinner table in the Fifties and Sixties
-One of his most popular designs were the bullet-shaped salt and pepper shakers
-He was placed in charge of the Plastics Design Unit in 1951
-His Gaydon tableware form 1951 was considered by many to be his best work
-His Beetleware, melamine formaldehyde tableware, pieces sold extremely well, threatening the prominence of the ceramics market
BIP announces new product for Rope Coatings
BIP has designed two new aqueous polyurethane dispersions specifically for protecting cords and ropes.
The product coded ICOTHANE 32 and ICOTHANE 86 are the result of a two year joint development project with
I-Coats NV. The products are exclusively marketed by
I-Coats who are the industry specialists in this sector.
More details are available from
www.i-coats.be
New South African distributor for BIP
We are delighted to announce the appointment of CPS Chemicals as an exclusive distributor of the Industrial chemicals division of BIP (Chemicals) Ltd in the Republic of South Africa.
CPS Chemicals is a dynamic and progressive company with all the necessary contacts and experience to support BIP in achieving growth in this important region.
We are very excited by this new partnership which has tremendous compatibility and synergy and will enable us to deliver a highly focused service to the Inks and Coatings sectors.
BIP is a well respected manufacturer of polyurethane and amino intermediaries for formulating inks, coatings and adhesives on a wide variety of substrates.
AMINO MOULDING POWDER – PRICE INCREASES
As a result of continuing escalation in key raw material costs, it has been necessary to review the selling prices of our Amino Moulding Powders. Following on from the Q4 increase in methanol, we have seen further increases in Q1 and Q2, and this will result in increases in both Formaldehyde and Hexamine. However, the most pressing concern is cellulose, not only from a price angle but also availability. Problems in Chile, following the earthquake has resulted in 4 million tonnes being unavailable for the world market, and prices have and continue to escalate. We have a secure supply chain, but the only way to maintain this is to follow the market pricing.
Consequently, effective 6 April, our prices will rise by £71 per tonne, EUR 80 per tonne or US$ US$100 per tonne. We regret the need to review our selling prices but we have no option but to react to recover these cost increases.
QUARTER 4 PRICE INCREASE FOR FORMALDEHYDE RESINS
BIP Industrial Chemical Division today announced a general increase in prices for formaldehyde based resins by between GBP 60 -100 per tonne (Euro 70 – 120 per tonne). This is primarily the result of a significant increase in Q4 methanol price. The change comes into effect for November dispatches or as contracts allow.
AMINO MOULDING POWDER – PRICE INCREASES
The 4th quarter price of Methanol has jumped by just over 40% and this coupled with increasing logistical costs has had a significant effect upon our cost of Formaldehyde.
Pulp prices have also hardened throughout the year.
With other raw materials also firming in price it has become necessary for us to review the selling prices of our range of Amino Moulding Materials.
Effective 1st November 2009, prices will increase by GBP 60 per tonne, EUR 66 per tonne and USD 99 per tonne.
We apologise for the need to review our selling prices but the need to recover these cost increases is imperative
8 December 2004 – Leading UK
manufacturer buys BIP (Oldbury) Limited
West Midlands chemicals and plastics firm BIP (Oldbury) Limited,
has been bought by the UK’s leading formaldehyde
producer.
Synthite Limited purchased the business and assets
of the West Brom company for an undisclosed sum on
Monday November 29. Sold as a going concern, BIP’s
operations and production have continued as normal.
Synthite, based in Mold, North Wales, is a wholly
owned subsidiary of the chemicals distributor Tennant
Group, which has an annual turnover of £170m.
BIP, which employs more than 130 people at its plant
in Oldbury, is a manufacturer of speciality chemicals
based primarily on amino resins and derivative technology.
This includes new products such as Biodiesel, a fuel
made from recycled vegetable oils.
The company will retain its famous name, and will
be called BIP (Oldbury) Limited.
|
Synthite managing director Kevin Jones said: "We
want to keep the name BIP because the company has a
range of products known throughout the world, and has
an excellent reputation. The company has a skilled
and loyal workforce and despite having new owners it
will be business as usual. I am looking forward to
working with the management team and the employees
in re-establishing a successful and profitable company."
Synthite has been established for more than 80 years
and in the last decade has invested more than £10m
into its plant in Mold, where it employs 70 people.
Synthite is an important supplier of Paraform and solution
grades of formaldehyde. The site also produces bulk
organic acid blends and manufacture of a wide range
of chemical intermediates.
BIP was the first company to patent urea-formaldehyde
resins in 1924, and produced the world’s first
white commercial moulding powder in 1926.
Since then BIP has developed into a leading technology
innovator, delivering moulding materials, textile and
paper chemicals.
|
