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Polymer Materials

27.11.2008 DOW  Renegotiation of polyolefins jv with Kuwait? / Financial crisis pressures Dow share price

27.11.2008 SABIC  Cracker in Geleen stays offline

26.11.2008 ARKEMA  Production cutbacks for PA, PMMA and PVC

25.11.2008 CHEMSON POLYMER-ADDITIVE  Plant closures in Düren and Schmidtheim / Capacity to be relocated to other sites

24.11.2008 BAYER MATERIALSCIENCE  Idling of up to 25% of PC capacity

24.11.2008 LYONDELLBASELL  Demand crisis forces wide-sweeping cost control measures / Plant closures and job cuts / Liquidity tight through Q1 2009

24.11.2008 BASF  “Definitive final result” shows Ciba stake at almost 95%

24.11.2008 ARKEMA  Operating profits up 5.5% in third quarter 2008

21.11.2008 LA SEDA  Financing obtained for Portuguese PTA plant / Interquisa acquisition finally falls through

20.11.2008 BASF  “Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”

20.11.2008 INEOS  Waiver of debt covenants sought as demand crashes / Debts four times EBITA / Crotty “battening down the hatches”

20.11.2008 ALBIS PLASTIC  New distributor for BASF polymers in Benelux and France

20.11.2008 ARKEMA  PVC technology agreement with Aker Solutions

19.11.2008 PETROCHEMICAL MARKETS  Bayer MaterialScience: Force majeure for PU components in North America lifted

19.11.2008 BASF  Ciba stake of 94.6% nailed down / Final result this week

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