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Polymer Materials

17.05.2013 LYONDELLBASELL  European re-structuring includes German HDPE site / Under-performing production line to be mothballed late 2013

17.05.2013 BOREALIS  Profits hit by Borouge turnaround / Soft market conditions add to pressure on earnings / Final work on third stage at Ruwais JV is underway

15.05.2013 CORRECTION - BASF / TORAY / GENOMATICA  German group purchases technology licence for renewable BDO / Japanese prepare for scale-up

14.05.2013 BAYER MATERIALSCIENCE  Work stops on carbon nanotubes / Future use of research and know-how still to be decided

13.05.2013 DOW CHEMICAL  US giant accepts USD 2.19 bn settlement / K-Dow books closed / Penalty sum angers Kuwaiti officials

13.05.2013 OMV  Austrian giant invests EUR 230m in butadiene production / Targets Burghausen refinery / Upgrades Schwechat plant

13.05.2013 INVISTA  KBR provides engineering services for US nylon feedstock project

10.05.2013 LANXESS  Business deteriorates in Q1 / Performance Polymers hardest hit / Comeback in H2?

10.05.2013 JAPAN  Three major PP compounders to merge jv assets / GRP business still strategic

10.05.2013 VINNOLIT  First time at Chinaplas / PVC specialities for Chinese market

09.05.2013 FORMOSA PLASTICS  Fire breaks out injuring 14 / Force majeure for PE line apparently in place

09.05.2013 MAUSER  Canadian industrial packaging distributor acquired / Expands collection activities in Canada

08.05.2013 INEOS  PVC joint venture with Solvay / Combined projected sales of EUR 4.3 bn / Potential to be in the global top three

08.05.2013 LA SEDA  Battle over the future of PET group continues / Banks extend deadline / Annual accounts corrected downwards

08.05.2013 PETROCHINA  No start date set for Sichuan cracker following quake / USD 6 bn facility commissioning delayed again

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