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Polymer Materials

04.05.2009 BASF  EBIT sinks 58% in Q1 2009 / Hambrecht sees no improvement this year / More capacity and job cuts

04.05.2009 SOLVAY  Bioethanol plant to provide PVC feedstock in Brazil / “Green” plastics production will start in late 2010

30.04.2009 BAYER MATERIALSCIENCE  Loss of EUR 116m in Q1 2009 / Wenning says “signs of modest demand recovery” appearing

30.04.2009 UNYLON  PA producer insolvent / Price pressure blamed

30.04.2009 TEIJIN  Far-reaching restructuring following loss / Consolidating the PET film and PC facilities

30.04.2009 MITSUBISHI  Construction of carbon fibre plant halted / Demand slowdown leads to JPY 29bn net loss

29.04.2009 LYONDELLBASELL  “We will emerge from Chapter 11 a stronger company” / International president de Vries in exclusive interview

29.04.2009 CELANESE  PVOH business sold to Sekisui for USD 173m

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

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