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Polymer Materials

14.05.2012 NOVA CHEMICALS  Follow-up: PS line in Monaca not part of PFB deal

14.05.2012 BRASKEM  Net profit plunges 50% in Q1 hit by high naphtha costs / Resins demand improves

14.05.2012 OLTCHIM  Finances turn deep red in 2012 / Profits halved / New management to take over in June

14.05.2012 SK GLOBAL  Building new plastomer and elastomer plant in Ulsan

14.05.2012 SIBUR  Launching PP imports to battle tightness in Russian market

11.05.2012 PETROCHEMICAL MARKETS  Westlake restarts Geismar VCM unit / Site reported to be fully operational

11.05.2012 INEOS  Possible sale of two HDPE plants / Increased focus on integrated assets

11.05.2012 PETROCHINA  Construction of mega-refinery joint venture project with Venezuela's PDVSA begins / Project includes two ethylene crackers

11.05.2012 NOVA CHEMICALS  Letter of intent with insulating buildings specialist PFB for takeover of Performance Styrenics business / Completion expected in H2 2012

10.05.2012 LANXESS  First-quarter 2012 EBITDA up 15% year-on-year / Economic trend more favourable than predicted

10.05.2012 DSM ENGINEERING PLASTICS  Agreement with China Lumena New Materials to market and sell PA 4.6 and PPS / Examining other options at cooperation

10.05.2012 CCP COMPOSITES  Total composites subsidiary sells US distributor

10.05.2012 SOLVAY  Specialty Polymers division offers alternatives to PA 12

09.05.2012 THAILAND  Map Ta Phut accidents prompt government to set up new industry control regime / Explosion at Bangkok Synthetics leaves 12 dead / Dozens hurt as chlorine escapes from Aditya Birla Chemicals' plant

09.05.2012 HPCL-MITTAL  Guru Gobind Singh refinery and PP plant officially commissioned

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