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Polymer Materials

23.12.2011 SIBUR  Mulling new petrochemical hub in western Siberia / Project still has to meet board approval

22.12.2011 CABOT  Hong Kong masterbatch production to move to the mainland in 2012

22.12.2011 SIPCHEM  Acquisition of Swiss petrochemical trading firm Aectra / Better access to European markets

21.12.2011 API  Italian processor adding new TPU, TPE and bioplastics lines

21.12.2011 LUKOIL  Blaze takes out Stavrolen cracker in the Caucasus

21.12.2011 DOW  Follow-up: 50:50 carbon fibre joint venture with Turkey's Aksa / USD 1 bn in investment costs

21.12.2011 CARDIA BIOPLASTICS  Trial supply of bioplastic kitchen bags to select Nanjing residents / Meeting China's bioplastic goals / Plans to apply model to other Chinese cities

20.12.2011 ECOPETROL  Study to build cracker and polyolefins complex in Cartagena / Start-up expected in 2017

20.12.2011 MOMENTIVE  Phenolic resins joint venture with UPC Technology / First plant expected to start up in China in Q1 2013

20.12.2011 PEOPLE  Raimar Jahn to head BASF's PU division / Coatings unit to fall under Markus Kamieth

20.12.2011 COCA-COLA  Deals with three biotechnology companies to speed up development of 100% bio-based “PlantBottle” / Virent, Gevo and Avantium to develop their respective technologies / Replacing petroleum-based PTA with plant-based PTA

19.12.2011 CHEVRON PHILLIPS  Key points of North American ethane cracker feasibility study completed / Final decision for downstream PE units to come in early 2012

16.12.2011 CHINA XD PLASTICS  Follow-up: Official opening of 20 new production lines / Adding 90,000 t/y in modified plastics products capacity

16.12.2011 SONGWON  MoU for one pack systems joint venture with Pan Gulf Holdings and Polysys Industries / Production to kick off in late 2012

16.12.2011 QATAR  Follow-up: Shell and Qatar Petroleum ink deal on scope of proposed Ras Laffan petrochemical hub / Output to go towards growing Asian markets

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