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For people who make things the world of global high finance must sometimes appear wholly mad. However, even by digital economy standards the Yahoo purchase of Tumblr for $1.1bn (£723.5m) seems to defy logic. 20 May 2013

The sixth annual nanotechnology conference, EuroNano Forum 2013, will bring together nanotechnology experts and decisions in Dublin this June. 20 May 2013

Hampshire-based Formaplex has restructured its composites division as a result of an increase in aerospace and defence contracts. The move includes a new R&D facility and two additional staff. 20 May 2013

MG Stuma has spent £1.7m relocating from Bolton to two sites in Blackburn with Darwen. The facilities will trade as MGS Technical Plastics and MGS Medical Plastics. 20 May 2013

Bayer celebrated its 150-year anniversary with a three-day interactive exhibition based on its slogan ‘Science For A Better Life’. 20 May 2013

Lord Digby Jones, the UK's former Minister of State for Trade and Investment in Gordon Brown's cabinet, visited Arburg’s headquarters in Lossburg, Germany. 17 May 2013

LyondellBasell will shut a high density polyethylene (HDPE) unit in Wesseling, Germany, in the third quarter of 2013. The company has closed around 2.5 billion pounds of capacity in Europe in recent years and cut headcount by 30%. 17 May 2013

The Chemicals Industries Association (CIA) said that 44% of companies responding to its latest survey had seen lower sales volumes and 22% an increase. 16 May 2013

UK shale gas exploitation has been given the green light by government, according to Energy Minister Michael Fallon. 16 May 2013

Solvay says net sales fell 3% to €3bn (£2.5bn) in Q1 compared to the same period last year, as the company’s business in Europe was hampered by the region’s economic problems. 15 May 2013

PlastIndia, the country’s largest plastics trade show, will move its next edition in 2015 to an exhibition hall under construction in the western Indian state of Gujarat, in what organisers say will be an upgrade from outdated show grounds it had been using in New Delhi. 15 May 2013

The Technology Strategy Board, the UK’s innovation agency, has a record £440m budget this year to support innovative businesses and drive growth across the UK. 15 May 2013

Oxea has reported strong first quarter sales – EBITDA increased from €45m (£38m) in Q1 2012 to €53m (£45m), a gain of 18% and the third best quarterly result since the company’s inception in 2007. 14 May 2013

Data from European plastics trade group PlasticsEurope – of which the British Plastics Federation (BPF) is a member – published today showed that demand for plastics in the UK rose 1.2% in 2012 to 3.75 million tonnes 14 May 2013

Birmingham City Council is helping Tyseley-based plastic specialists Andel Plastics grow thanks to a cash injection from its Business Development Programme. 14 May 2013

• Freefoam Plastics does Prisk business in Northampton 15 May 2013
• China's toy industry faces added safety checks 15 May 2013
• Axion toys with child-safe recycled plastic 14 May 2013
• MG Stuma invests £1.7m in new facilities 20 May 2013
• China’s ‘Green Fence’ slows recycled plastic imports 20 May 2013

more

• Legal move from Milliken over patent violation 17 May 2013
• Europe focuses on graphene composites 17 May 2013
• PlastIndia show to move from Delhi to Gujarat 15 May 2013
• Nampak four-pint bottle is industry first 16 May 2013
• China’s ‘Green Fence’ slows recycled plastic imports 20 May 2013

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