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Companies

19.11.2008 PETROCHEMICAL MARKETS  Bayer MaterialScience: Force majeure for PU components in North America lifted

19.11.2008 BASF  Ciba stake of 94.6% nailed down / Final result this week

19.11.2008 BOREALIS  “Lupotech T” specified for 350,000 t/y LDPE plant

19.11.2008 LEONI  Acquisition of vehicle wiring systems business in Russia / First order from Kamaz

18.11.2008 AUTOMOTIVE  First German supplier insolvency averted for now / Automakers grouping criticises bank policies / Short-time working and extended leave

18.11.2008 OLTCHIM  Scaling back production to 40% of capacity / Sourcing of C2 and C3 from Arpechim halted / Job cuts

18.11.2008 VISIOCORP  Considering strategic options / New working hours to generate savings

18.11.2008 BAYER MATERIALSCIENCE  PU systems house opens in Guangzhou

17.11.2008 INEOS  European olefins and polymers units to combine

17.11.2008 LUCITE INTERNATIONAL  Mitsubishi acquires UK producer for USD 1.6 bn

17.11.2008 LANXESS  Earnings forecast for 2008 revised upward / Successful price hikes in Q3 / Provisions for falling demand

14.11.2008 INTERQUISA  Shutdown of 630,000 t/y PTA plant in San Roque / Rising Asian imports hit profitability

14.11.2008 APPC  455,000 t/y PP plant commissioned in Jubail

13.11.2008 SABIC  New PP line comes on stream at Ibn Zahr / World's largest single “Unipol” facility

13.11.2008 HUHTAMAKI  US flexible packaging production to close / Site dedicated to films production

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