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Companies

06.04.2011 SONGWON  Biesterfeld Spezialchemie appointed new distributor for Spain, Serbia and Slovenia

06.04.2011 LA SEDA  Expansion of PET recycling in France

06.04.2011 INNOVA  Petrobras acquires all shares in PS producer

05.04.2011 TORAY  Advanced films unit resumes films production after Japan earthquake / ABS resins and PP films plants running at close to regular rates

05.04.2011 DOW  First licence for new flame retardant granted to Chemtura / Further licensing deals expected this year / Commercial volumes seen by 2013-2015

05.04.2011 ASHLAND  Distribution business sold to TPG Capital affiliate Nexeo Solutions

04.04.2011 SOLVAY  Friendly cash offer to acquire Rhodia / Enterprise valued at EUR 6.6 bn / Deal expected to close in August

04.04.2011 STRAIGHT  Change from outsourcing to manufacture / Blow moulding capacity added to injection moulding / Further acquisitions sought

01.04.2011 TEIJIN DUPONT FILMS  Films production restarted in Ibaraki after Japan earthquake / Films operations remain suspended in Utsunomiya / DuPont's Utsunomiya polymers production also suspended

01.04.2011 AXION POLYMERS  Recycled polymer replaces virgin PS for BIC pencils / Material sourced from waste refrigerators / Cooperation with Ineos Styrenics

01.04.2011 CHEVRON PHILLIPS  New cracker and derivatives project planned in US / Study to be completed by year end

31.03.2011 BIOME TECHNOLOGIES  Further evidence of drive to sustainability and away from oil-based materials / Successful partnering programme for biodegradables / Loss reduced for fourth consecutive year

30.03.2011 INEOS  Plans to expand annual ethylene oxide and derivatives capacity by 500,000 t / US Gulf region in view

30.03.2011 BAYER MATERIALSCIENCE  PU solutions for composites displayed at JEC show in Paris / Automotive applications in focus

29.03.2011 CEREPLAST  Distribution agreement with DMT Plasticolor for Croatian bioplastics market / Fourth major European deal this year

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