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Companies

05.08.2011 ARMACELL  European technical foam business sold to Begium's NMC / Focus on Insulation and PET Core-Foams instead

05.08.2011 SILVERGATE PLASTICS  Move into polymer distribution / Positive customer reaction / Single procurement option

04.08.2011 SCA  Swedish group forays into Turkish hygiene product market / Acquisition of Komili and San Saglik

04.08.2011 NESTLE  Brazilian subsidiary launches bioplastic caps for milk / Bioplastics partnership with Braskem and Tetra Pak

04.08.2011 DAIKIN INDUSTRIES  Chinese subsidiary plans to establish new fluoroelastomer plant / Output to go towards meeting rising local demand

04.08.2011 KREYENBORG  Office opens in Malaysia to support ASEAN customers

03.08.2011 TELLES  “Mirel” bioplastic selected for new film applications by US and Swedish companies

03.08.2011 BASF / PURAC  Negotiations to establish bio-based succinic acid joint venture / World-scale plant to start up by 2013 in Spain

03.08.2011 EVONIK  Follow-up: Divestiture of carbon black business is complete / Business now operates as Orion Engineered Carbons

03.08.2011 SOLVAY  Good Q2 performance mirrors expectations / Plastics demand holds up / Turnaround for Vinyls

02.08.2011 BASF  Capacity expansion for “Styrodur” insulation grades at Ludwigshafen site / Meeting rising market demand

02.08.2011 BAYER MATERIALSCIENCE  Adjusted sales up 8% in Q2, but EBITDA flat / Forecast for full year is now more conservative

02.08.2011 SOLUTIA  Plans for PVB resins plant in Malaysia

01.08.2011 DANONE  Follow-up: Sharp criticism of Activia PLA yogurt container / German association alleges consumer fraud, threatens legal action / Danone denies allegations

01.08.2011 DOW CHEMICAL  Record first half operating profit in 2011 / Significant sales and profit growth in plastics and performance products segments

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