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Companies

10.02.2012 BALDA  Follow-up: Majority shareholder's initiative against company board fails / Management calls for special investigation

10.02.2012 RPC  RPC Bebo France moves to new site / Italian operation installs rPET extruder

10.02.2012 SI GROUP  Phenolic resins project planned in China / Potential for expansion to 70,000 t/y

09.02.2012 PETROCHEMICAL MARKETS  SolVin declares force majeure for PVC from France and Belgium

09.02.2012 LUKOIL  Follow-up: Investigation of Stavrolen cracker blaze wrapped up / Corrosion and wear blamed / Renewed start-up in April?

09.02.2012 WAVIN  Conditional agreement for takeover by Mexichem / Mexican group raises offer to EUR 531m / Dutch group to retain separate structure, own brand / All jobs guaranteed

09.02.2012 INDORAMA VENTURES  Acquisition of leading North American ethylene oxide and MEG producer Old World Industries / USD 795m deal / Fully integrated into MEG chain

09.02.2012 KLÖCKNER PENTAPLAST  Groundbreaking for first Chinese production facility / Output focused on rising domestic demand

09.02.2012 PETKIM  Turkey puts its stake in country's largest petrochemical producer up for sale / Construction of new mega-refinery reportedly continues apace

08.02.2012 WEENER PLASTIK  German plastic packaging producer acquired by US private equity fund Lindsay Goldberg / Aim to further develop international business

07.02.2012 DOW  US chemical giant reports net loss for Q4 2011 / Plastics capacity use down / Brighter outlook

07.02.2012 BILCARE SOLUTIONS  Price hike for films portfolio

07.02.2012 BALDA  Dubious share fluctuations ahead of general meeting / Stock exchange supervision investigating / Mudslinging among management board and former executive

07.02.2012 ANTOLIN  EUR 4.5m plant opened in Slovakia / Facility established on Kia Motors site to produce headliners and door panels

06.02.2012 GURIT  Wind energy sector drives 2011 sales growth / Operating profit margin expected to be around 8%

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