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Polymer Materials

28.01.2009 DOW  Rohm & Haas seeks USD 15 bn for breach of contract / Kuwait deal collapse cited for takeover delay

28.01.2009 HUNTSMAN  Over 1,600 jobs will go in cost cutting initiative / All divisions affected / Capital spending cut 45%

28.01.2009 A. SCHULMAN  Distribution pact with Cereplast for bioresins / “Accelerate adoption in Europe”

28.01.2009 BOREALIS  “Mobility” unit established to serve auto sector

27.01.2009 BAYER MATERIALSCIENCE  Talks with German workforce on response to market crisis / Some 1,500 of 5,500 jobs could be affected

27.01.2009 DOW  US regulatory authority approves Rohm & Haas takeover plan / Two-day closing ruled out

26.01.2009 BOREALIS  Sirmax appointed as distributor in Italy

23.01.2009 TOTAL PETROCHEMICALS  Styrene expansion at Gonfreville started up

23.01.2009 LANXESS  Capacity use slashed by up to 80% / Short-time working planned / Move to Cologne on hold / Crisis committee

23.01.2009 POLYONE  Restructuring will lead to 370 job losses worldwide

22.01.2009 SABIC  Net profit plummets in Q4 2008 / Abrupt downturn in demand hits Saudi petchems giant / Markets shocked

21.01.2009 SUNOCO  Texas 180,000 t/y PP facility to close

21.01.2009 AMERICAS STYRENICS  PS producer removes over 100,000 t/y of capacity from US market

21.01.2009 CLARIANT  Third masterbatch facility opens in China

20.01.2009 BASF  Short-time working at Schwarzheide / About 10% of the workforce affected / PBT and styrenic compounds

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