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Polymer Materials

26.03.2014 SINOPEC  Chemicals profits fell 26% on lower prices in 2013 / Strong polyolefins output

26.03.2014 SIBUR  Sales and operating profit fall in petrochemicals / Decline partially offset by Tomsk and Perm plastics facility openings

26.03.2014 OXEA  Raising output of “Oxsoft” DOTP plasticiser in Europe / Collaboration with unidentified third party

24.03.2014 INEOS  Lawsuit filed against Sinopec over alleged acrylonitrile patent infringement / Seeking more than USD 1 bn in compensation / Latest quarrel picked by chairman Ratcliffe

24.03.2014 LANXESS  Follow-up: Performance Polymers segment posts significant declines / PA production to commence in Belgium in Q3 / Former CEO Heitmann reportedly unhappy with severance package

24.03.2014 INDORAMA  Investing EUR 24m in capacity upgrade at Polish PET plant

24.03.2014 EVONIK  PEEK medical implants receive CE mark / Titanium replacement

21.03.2014 LANXESS  Perlon-Monofil subsidiary sold to Munich Serafin group / Strategic move to divest non-core activities

20.03.2014 ADDIVANT  Former Chemtura business raises antioxidant capacity at Saudi joint venture / Meeting rising regional demand

20.03.2014 CARDIA BIOPLASTICS  Maldives environmental start-up takes 60,000 waste bags / Renewable starch and polyolefin blend

20.03.2014 ELIX POLYMERS  Pre-coloured ABS grades certified for revised European Toys Safety Directive

19.03.2014 SHELL  Oil and petchems group to cut spending, sell assets / Poor earnings at both ends of the business

19.03.2014 TRINSEO / STYRON  Flotations plans revived / Former Dow business hopes to raise USD 200m and pay down debt

19.03.2014 COIM  Raising polyester polyols capacity in Italy

19.03.2014 OWENS CORNING  Revamping French glass fibre production

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