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Polymer Materials

28.04.2009 CYTEC  Expansion of carbon fibres plant postponed / Previously strong composites business contracted in Q1

27.04.2009 SABIC  First net loss for five years reported for Q1 2009 / Operating levels maintained / Demand fall hits SIP

24.04.2009 LYONDELLBASELL  Holding company added to Chapter 11 filing / Protection of European assets from US claims

24.04.2009 ITALIAN PETROCHEMICALS  Latest twist in the Vinyls Italia saga: Sartor threatens to declare the company insolvent / Seven-point plan to salvage Italy's chemical industry

24.04.2009 PETKIM  JV with NPC to build PE and methanol plant

23.04.2009 PETRO RABIGH  Cracker start-up as complex nears completion / MOU is signed for Rabigh II feasibility study

22.04.2009 POLYONE  Worldwide job cuts also affect France

22.04.2009 OLTCHIM  Finance ministry willing to part with Petrom shares in return for Arpechim / New petrochemicals group could be created / Investment of EUR 500m required up to 2012

21.04.2009 NOVA CHEMICALS  Shareholders approve acquisition by IPIC

21.04.2009 SABIC  Distribution agreement with Ashland for North America

20.04.2009 MENZOLIT COMPOUNDS  Group to be sold to All-Finanz / Negotiations on the sale of the Plastal subsidiary began before the insolvency

20.04.2009 BOREALIS  Borouge 2.5m t/y expansion enters design phase

20.04.2009 BASF  Acquisition of specialities producer Ciba completed

17.04.2009 SYMPHONY ENVIRONMENTAL TECHNOLOGIES  2008 results close to break-even / Gross margin doubled / Increasing network of distributors

16.04.2009 BASF  Short-time working likely for up to 3,000 employees at Ludwigshafen / Low capacity use

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