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Polymer Materials

28.02.2014 BASF  Production at Hungarian PU systems house to cease

27.02.2014 PETROCHEMICAL MARKETS  Renewed explosion at Lukoil subsidiary Stavrolen's cracker in the Caucasus / Operations halted for the time being

27.02.2014 LANXESS  Impairment charge for Q4 2013 and net loss for full year / Overcapacity for rubber and higher costs

27.02.2014 BASF  Focus on petrochemical strengths boosts earnings power / CEO Kurt Bock says Europe should embrace shale gas / “Happy shareholder” in styrenics jv Styrolution

27.02.2014 SOLVAY  Phasing out of carbon trading and US acquisition hit 2013 operating profit / Advanced materials segment sees growth / Decline in functional polymers

27.02.2014 STYROLUTION  North American SMMA plant to be shuttered with output shifting to Germany / Latest step in “Triple Shift” growth strategy aimed at ensuring global supply from at least two sites

26.02.2014 BOREALIS  Net profits fall despite gains in polyolefins / Sales reach EUR 8 bn for first time / Borouge 3 start-up in progress

26.02.2014 ELASTO  New office in Belgium to meet rising European medical TPE demand

26.02.2014 BASF  Strong finish to 2013, despite stiff headwinds / All segments aside from Performance Products improve EBIT before special items

25.02.2014 KARPATNEFTEKHIM  Ukrainian Lukoil subsidiary temporarily halts all olefin and polymer production

25.02.2014 STEPAN  Strong sales volumes in Europe help drive up profit in polymers business / BMS polyester acquisition contributes to 2013 growth

25.02.2014 NOVAMONT  Italian supermarket chain Unicoop Firenze to use "Mater-Bi" bioplastic bags across outlets in Florence and Tuscany

24.02.2014 CLARIANT  Operating profit in Plastics & Coatings business declines / European demand expected to improve in 2014

24.02.2014 RENNOVIA  US agricultural giant ADM invests USD 25m in biotech company / Processes for renewable-based PA

21.02.2014 HONEYWELL  UOP "Oleflex" technology license for China's Ningbo Fortune Petrochemical / 600,000 t/y C3 plant to start up in 2016

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