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Polymer Materials

05.08.2011 BASF / TOTAL  Shell Chemical bows out of Sabina Petrochemicals joint venture / C4 complex now split 60:40 among German, French group

05.08.2011 SILVERGATE PLASTICS  Move into polymer distribution / Positive customer reaction / Single procurement option

04.08.2011 NESTLE  Brazilian subsidiary launches bioplastic caps for milk / Bioplastics partnership with Braskem and Tetra Pak

04.08.2011 DAIKIN INDUSTRIES  Chinese subsidiary plans to establish new fluoroelastomer plant / Output to go towards meeting rising local demand

03.08.2011 TELLES  “Mirel” bioplastic selected for new film applications by US and Swedish companies

03.08.2011 BASF / PURAC  Negotiations to establish bio-based succinic acid joint venture / World-scale plant to start up by 2013 in Spain

03.08.2011 EVONIK  Follow-up: Divestiture of carbon black business is complete / Business now operates as Orion Engineered Carbons

03.08.2011 SOLVAY  Good Q2 performance mirrors expectations / Plastics demand holds up / Turnaround for Vinyls

02.08.2011 BASF  Capacity expansion for “Styrodur” insulation grades at Ludwigshafen site / Meeting rising market demand

02.08.2011 BAYER MATERIALSCIENCE  Adjusted sales up 8% in Q2, but EBITDA flat / Forecast for full year is now more conservative

01.08.2011 DOW CHEMICAL  Record first half operating profit in 2011 / Significant sales and profit growth in plastics and performance products segments

01.08.2011 METABOLIX  Agreement with CJ CheilJedang to develop renewable C4 chemicals

29.07.2011 BASF  Growth momentum slows in Q2 / Plastics demand stronger / Price increases offset currency effects

29.07.2011 LANXESS  Third PA and PBT compounds line to come on stream in China today / Focus on automotive sector

29.07.2011 ARTLANT PTA  La Seda subsidiary starts test runs at new Portuguese PTA plant / Full production expected to begin in Q4 2011

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