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Companies

07.04.2016 VELOX  Heat stabiliser distribution arrangement with OKA-Tec

06.04.2016 WESTLAKE  Latest bid for Axiall summarily rejected again / CEO Chao issues open letter to shareholders / Calls for new board

06.04.2016 CONSTANTIA FLEXIBLES  Higher volumes and acquisitions boost profits in 2015 / Prospects good for 2016 / Cost competitiveness and operational efficiency initiatives continue

06.04.2016 RECYLEX  Credit line for German recycling subsidiaries deferred / Negotiations on refinancing ongoing

06.04.2016 POLYPIPE  Profit and revenues grow in 2015 as effects of Nuaire acquisition are felt / Continued demand in UK new building construction / Growing export presence in Middle East

05.04.2016 INDORAMA  Purchase of BP's petchems hub in Decatur completed / Backward integration for AlphaPet / Takeover of Cepsa “imminent”

05.04.2016 LINPAC  EUR 1.5m investment at St Helen's site / Output will increase by 200m EPS trays annually / 40% reduction in energy consumption

05.04.2016 TEKNOR APEX  Purchase of long-time German partner PTS Plastic-Technologie-Service / Second compounding facility in Europe

05.04.2016 POLYMER-CHEMIE  Compounds output reaches new record / Almost 200,000 t produced in 2015 / Strong PVC-P sales in Russia

04.04.2016 DOW  Agreement to sell Specialty Films business to Transilwrap / Transaction would include certain operations in France

04.04.2016 PLASTICS RECYCLING  Switzerland raises recycling levy for PET bottles / Cheap virgin material pressures regrind

01.04.2016 INOVYN  Joint venture partners Ineos and Solvay sign binding agreement for latter's early exit

01.04.2016 VESTOLIT  Exclusive European distributor for Mexichem's S-PVC

01.04.2016 METABOLIX  Non-binding MoU with South Korea's CJ CheilJedang for commercial PHA production / Proposed deal would include offtake agreement

31.03.2016 INEOS  Preparations for switch to gas feedstock at Grangemouth almost complete / Mothballed cracker starts up again

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