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Companies

05.06.2014 PETROCHEMICAL MARKETS  Lukoil's Caucasus-based Stavrolen subsidiary resumes PP production / Third-party propylene / Feedstock output due to start up next year

05.06.2014 BRENNTAG  German distributor acquires North American logistics expert Philchem / Responding to shift in supply chain flows resulting from shale gas revolution

05.06.2014 SOLVAY  Benvic PVC compounding subsidiary divested to OpenGate Capital / European market reshuffle continues

05.06.2014 BASF  Sale of PolyAd Services subsidiary to Edgewater Capital completed / Focus on core plastic additive business

05.06.2014 ANELLOTECH  US technology-based group starts pilot plant for green aromatics production / Process converts non-food biomass into benzene, toluene and xylene

04.06.2014 REXAM  Sale of Containers & Closures division to Berry Plastics finalised

04.06.2014 PERLEN PACKAGING  Swiss group plans to commence film coating production in China / Meeting rising Asian demand for pharmaceutical packaging

03.06.2014 KOCH INDUSTRIES  Acquisition of PetroLogistics for USD 2.1 bn / World's largest PDH plant processes shale gas

03.06.2014 PHOENIX TECHNOLOGIES  EFSA approves rPET process

03.06.2014 KLÖCKNER PENTAPLAST  Owner SVP reportedly launching renewed sale attempt / Rigid film producer to change hands for up to EUR 1.5 bn

02.06.2014 ROSNEFT  Agreement to acquire fellow Russian petrochemicals giant Sanors / Expecting significant oil and gas synergies

02.06.2014 HEXPOL TPE  Nordmann, Rassmann appointed distributor for central and eastern Europe

02.06.2014 HONEYWELL  “Oleflex” technology selected for China propylene project

30.05.2014 CELANESE  Raising engineering thermoplastics compounding capacities in Kentucky

30.05.2014 BIAXPLEN  EUR 40m BOPP line starts up in Russian Samara region / Output to be sold to European markets as well

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