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Polymer Materials

05.04.2012 UPDATE - EVONIK  Follow-up: Specialty chemicals group “deeply regrets” loss of lives in chemical park fire / Expects “substantial constraints” in its ability to provide CDT-based products

05.04.2012 RADICI  Profits fall in 2011 / Strong growth in sales across all business areas / Plastics revenues rise by 10%

04.04.2012 BIOME TECHNOLOGIES  Strong revenue growth cuts losses / Bioplastics division breaks even / Market prospects encouraging / Little impact from economic downturn

04.04.2012 BASF  USD 2.7m investment in flame retardants producer FRX / Environmentally friendly alternative

04.04.2012 DSM / ROQUETTE  Reverdia bio-succinic acid joint venture approved by regulatory authorities / First large-scale plant

03.04.2012 DOW  Cost-reduction plan will see 900 jobs slashed worldwide / Plant closures in Europe and the Americas / Move expected to deliver USD 250m in annual savings

03.04.2012 EVONIK  Second worker succumbs to injuries sustained by Marl explosion / Investigation expected to last several days / No new insights yet

03.04.2012 ARTLANT  New state-of-the-art PTA plant on stream in Portugal/ Almost all output earmarked for export

03.04.2012 BAYER MATERIALSCIENCE  Full takeover of PU systems house jv Baulé completed / Strategic focus on growing markets

03.04.2012 POLIYA  Distribution deal with Azelis Italia for composite resins in Italy

03.04.2012 PETROCHEMICAL MARKETS  Westlake declares force majeure for PVC from Geismar / Vinyls operations to resume in mid-May

02.04.2012 SGL CARBON  Portuguese fibre manufacturer Fisipe acquired / Plans to convert some lines to turn out carbon fibre precursors

02.04.2012 UNIPOL HOLLAND  CRH construction company divests EPS producer to investment funds

02.04.2012 BAALBAKI  Syrian PU producer expands polyol production / Headquarters to move to UAE / Expansion of Turkish system house

01.04.2012 EVONIK  Explosion at PA 12 feedstock line in Marl leaves one dead / Consequences still unclear

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