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Markets

29.05.2007 GEBERIT  UK PVC piping business sold to Polypipe

25.05.2007 LANXESS  Doubling of Chinese compounding capacity for semi-crystalline polymers / Second line at Wuxi

25.05.2007 PETROCHEMICAL MARKETS  Cyclical downturn from mid-2008? / Ethylene capacity buildup already casting its shadows / Mass production of PE in the Middle East from 2009 / CMAI conference

25.05.2007 PETKIM  Ineos and Basell place bids for 51% stake

24.05.2007 CELANESE  Blackstone sells its remaining stake / Investment quadrupled?

24.05.2007 CHINA  ExxonMobil and Aramco join Quanzhou project / Massive petrochemicals complex

24.05.2007 LM GLASFIBER  Headquarters to move to Kolding

24.05.2007 PACKAGING REGULATIONS  EU does away with standard sizes for food packs / Protests from consumer protection groups

23.05.2007 BASF  New Chinese compounding plant inaugurated

23.05.2007 CANGZHOU DAHUA  Expansion of TDI capacity / Third largest producer of the isocyanate in China

23.05.2007 RECYCLING  IdentiPlast meeting attracts record attendance / New statistical data of PlasticsEurope

22.05.2007 INEOS  Acquisition of Hydro Polymers sealed / Stock listing plans withdrawn / Ineos sells E-PVC business to Vinnolit

22.05.2007 GE PLASTICS  Sabic takes the “prize” / USD 11.6 bn deal / Saudis beat out Basell, Koch and private equity

21.05.2007 RUSSIA AND CIS MARKETS  Plastics industry on the rise again / Extensive reconstruction required / More foreign investment from abroad / Packaging accounts for almost half of applications / AMI study

21.05.2007 SIG  Path clear for acquisition by Rank / New Zealand group now holds 98% stake

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