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Polymer Materials

09.02.2012 WAVIN  Conditional agreement for takeover by Mexichem / Mexican group raises offer to EUR 531m / Dutch group to retain separate structure, own brand / All jobs guaranteed

09.02.2012 INDORAMA VENTURES  Acquisition of leading North American ethylene oxide and MEG producer Old World Industries / USD 795m deal / Fully integrated into MEG chain

09.02.2012 PETKIM  Turkey puts its stake in country's largest petrochemical producer up for sale / Construction of new mega-refinery reportedly continues apace

07.02.2012 DOW  US chemical giant reports net loss for Q4 2011 / Plastics capacity use down / Brighter outlook

06.02.2012 CELANESE  Ticona engineered polymers business sees increase in sales and operating profit / Overall earnings boosted by acetyl intermediates segment

06.02.2012 DREYPLAS  Official distributor for Sabic's polyolefin range in Poland

06.02.2012 WESTLAKE  Takeover offer for Georgia Gulf increased / New offer rejected

06.02.2012 OLTCHIM  Feedstocks and capital remain sparse / 840 employees have to stay home

03.02.2012 ARKEMA  Follow-up: Acquisition of HiPro Polymers and Casda Biomaterials wrapped up

03.02.2012 DSM ENGINEERING PLASTICS  Upgrade of PA capacity in Taiwan / Start-up set for Q4 / “Sustainable global supply chain”

03.02.2012 BINANI INDUSTRIES  Indian conglomerate acquires Belgian fibreglass producer 3B / Foothold in Europe

02.02.2012 SOLUTIA  Operating profit increases to USD 518m in 2011 / Improved volumes and product mix boost growth

02.02.2012 HEXPOL  Follow-up: Acquisition of Horst Müller Kunststoffe completed

02.02.2012 A. SCHULMAN  Acquisition of French colour masterbatch producer Elian

01.02.2012 LANXESS  Official inauguration of new Jhagadia facilities / Catering to rising Indian demand

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