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Polymer Materials

16.03.2009 INDORAMA  New PET plant to come on stream soon in the USA / Benefiting from market consolidation

13.03.2009 TOTAL  Petrochemicals France streamlining to cost 306 jobs / Plants at Carling and Gonfreville to close

13.03.2009 QAPCO  Sumitomo Asia to buy ethylene from Qatar

12.03.2009 ARKEMA  Q4 profits hit by falling demand and PVC margin squeeze

12.03.2009 CHINA NATIONAL SALT  Construction of PVC complex in Shanxi province begins

11.03.2009 PETROCHEMICAL MARKETS  Total: Force majeure for LDPE from Gonfreville

11.03.2009 BAYER MATERIALSCIENCE  German MDI plant at Brunsbüttel shuttered until further notice / Customers supplied from Uerdingen

11.03.2009 BASF / DOW  New HPPO plant at Antwerp completes start-up phase

11.03.2009 HUNTSMAN  Fourth quarter “most challenging in the history of our industry” / 13% drop in MDI volumes

10.03.2009 DOW  Delayed takeover of Rohm & Haas sealed / Closing on 1 April 2009 / Price unchanged, but deal restructured

10.03.2009 BORSODCHEM  Job cut plan suspended following government intervention

09.03.2009 LA SEDA  Plant closure after 2008 losses / Acquisition spree Ended / PET merger with Indorama not yet clear

09.03.2009 A. SCHULMAN  International realignment as 2009 guidance withdrawn

06.03.2009 NIZHNEKAMSKNEFTEKHIM  Start-up of PE production / Total polymer capacity now 600,000 t/y / Industrial park

04.03.2009 BAYER  Profits of MaterialScience plunge 85% in Q4 2008 / PC capacity use down by half, with six plants mothballed / No short term recovery expected

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