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Companies

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%

06.02.2012 CELANESE  Ticona engineered polymers business sees increase in sales and operating profit / Overall earnings boosted by acetyl intermediates segment

06.02.2012 DREYPLAS  Official distributor for Sabic's polyolefin range in Poland

06.02.2012 WESTLAKE  Takeover offer for Georgia Gulf increased / New offer rejected

06.02.2012 OLTCHIM  Feedstocks and capital remain sparse / 840 employees have to stay home

03.02.2012 ARKEMA  Follow-up: Acquisition of HiPro Polymers and Casda Biomaterials wrapped up

03.02.2012 DSM ENGINEERING PLASTICS  Upgrade of PA capacity in Taiwan / Start-up set for Q4 / “Sustainable global supply chain”

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