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USA

Latest news

14.11.2014 DOW  Third Point hedge fund launches renewed attack on management / Expanding PE capacities in Argentina / Shares in Kuwaiti joint ventures to be divested

14.11.2014 WORLD INSULATION  Demand to increase 5% annually / Residential building construction to be main growth driver / Foamed plastic to record fastest value gains / Asia Pacific to see highest growth / Freedonia report

14.11.2014 NOVOLEX  Acquisition of Packaging Dynamics / USD 1.9 bn company created

13.11.2014 PETROCHEMICAL MARKETS  Shell moves closer to building US shale gas-fed complex / Land purchase in Pennsylvania but no final commitment / USD 4bn cracker would produce 1.5 m t/y

13.11.2014 PPC INDUSTRIES  US investor buys speciality plastic packaging producer for undisclosed amount / Plans to grow business

13.11.2014 EASTMAN  “Eastalite” copolyester now available in Europe / Designed for rigid medical packaging / Material debuts at “Compamed”

12.11.2014 FLINT HILLS RESOURCES  Michigan-based PP plant to be shut next July / Looking for buyers

11.11.2014 POLYETHYLENE  Global demand to reach almost 99m t in 2018 / Growth driven by Asia / Shale gas revolution sees resurgence in US / Western Europe slowly recovering / LLDPE continues to make gains at expense of LDPE / Freedonia study

11.11.2014 NATUREWORKS  Grant supports development of methane-to-lactic acid route / Pilot production anticipated within next five years / Eco-profile for “Ingeo” recalculated

10.11.2014 CITADEL PLASTICS  US composites specialist buys The Composites Group / Integration of Tetra-DUR now finalised

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