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Companies

13.11.2014 PPC INDUSTRIES  US investor buys speciality plastic packaging producer for undisclosed amount / Plans to grow business

12.11.2014 TEIJIN  Large Singaporean PC plant to close up shop in late 2015 / Exiting DMT production

12.11.2014 FLINT HILLS RESOURCES  Michigan-based PP plant to be shut next July / Looking for buyers

12.11.2014 POLIPAKS  Export-oriented Latvian flexible packaging producer invests EUR 28.5m in new production hub

11.11.2014 STYROLUTION  Ceasing PS production in Trelleborg / Market consolidation

11.11.2014 BOREALIS  Third quarter profits reach EUR 185m thanks to strong polyolefins results / Borouge 3 start-up contributes to 41% year-on-year rise

11.11.2014 DSM  Dutch chemical group may spin off or sell plastics business / Acrylonitrile and caprolactam in view

11.11.2014 BRASKEM  Profits decline in Q3 on higher naphtha costs / Sales volumes rise in line with Brazilian thermoplastics demand

11.11.2014 PLASTICS CAPITAL  Agreement to acquire UK film and bag producer Flexipol Packaging / EUR 13.5m deal

11.11.2014 NATUREWORKS  Grant supports development of methane-to-lactic acid route / Pilot production anticipated within next five years / Eco-profile for “Ingeo” recalculated

11.11.2014 SCHÜTZ  Commencing IBC production in Poland / New plant near Katowice

11.11.2014 TOHO TENAX  Two new prepregs launched / Rapid curing and heat resistant / Productivity gains from rapid curing

10.11.2014 LANXESS  Around 1,000 jobs to be shed in corporate realignment up to 2016 / Cuts mostly in rubber / PA and PBT unaffected / Zachert says losses likely in Q4

10.11.2014 SHELL  Moerdijk site to resume styrene production by end of the year / Cracker will likely remain off stream until mid-2015

10.11.2014 ARTLANT  Plans to restart Portuguese PTA plant in Sines / Modern production line a La Seda heirloom

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