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Polymer Materials

03.03.2015 PETROCHEMICAL MARKETS  Lucite lifts force majeure for MMA from Billingham

03.03.2015 SOLVAY  Double-digit earnings growth for Q4 and FY 2014 / Strong performance for specialty polymers led by electronics and automotive sectors / Functional polymers sales down but profits up on optimisation measures

03.03.2015 MANGALORE REFINERY & PETROCHEMICALS  New PP line brought on stream / Output accounts for 10% of total Indian polypropylene capacities

02.03.2015 SOLVAY  Launching PEEK production in the US / Plant to start up in mid-2016

02.03.2015 BASF  Performance in line with reduced expectations in 2014 / Engineering polymers and PU hold up well / Lower oil prices could drive industrial economy in 2015, but earnings likely to be flat

02.03.2015 CARDIA BIOPLASTICS  Strategic review following proposed merger with Stellar / Brazilian film and bag production to cease / Focus on Asia Pacific

27.02.2015 ROQUETTE  Thermoplastic starch production hardly worthwhile / Low oil price pressures biopolymer producers

27.02.2015 BAYER  New group performance records last year / MaterialScience battered by market turbulence in Q4 / Plans for a carve-out on track for mid-2016 but Dekkers does not exclude outright sale

27.02.2015 AZELIS  Speciality chemicals distributor bought by Apax Partners / Plans for further growth

27.02.2015 DREYCHEM  Distribution portfolio now includes BrandEx cleaning granules for high-temperature applications

26.02.2015 SOLVAY  Capacity expansion for high-performance red pigments

26.02.2015 OXEA  European prices of phthalate-free plasticisers to rise

26.02.2015 VICTREX  Plans for Polymer Innovation Centre in northern England / From lab concepts to commercialisation / More than USD 24m to be invested until 2025

25.02.2015 INDORAMA  Operating profit leaps 30% as falling crude prices contribute to improved cash flow / PET and fibres businesses see gains / Costly plant in Sardinia mothballed

25.02.2015 SHALE GAS  Chevron to quit Romania, too / Oil multinational will close European exploration chapter

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