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Markets

28.01.2016 JOHNSON CONTROLS  Merger with Ireland's Tyco creates new property management giant

28.01.2016 3M  German plant raises output of “Dual Lock” fastening systems / Hilden to become key hub catering to EMEA

27.01.2016 THERMOPLASTIC ELASTOMERS  Global market growth to slow to 5.5% per year to 2020 / Rising demand for higher heat and chemical resistance in auto applications / Smithers Rapra study

27.01.2016 PETROCHEMICAL MARKETS  White oil: ExxonMobil declares force majeure in France / Availability of TPE tightening / So far little impact on PS and EPS

26.01.2016 MAHABAD PETROCHEMICAL  HD/LLDPE swing plant in northern Iran starts operations / Northernmost site at long ethylene pipeline

26.01.2016 RECYCLING MARKET FRANCE  French warrantor Valorplast lowers redemption price for PET bales / PS refunds offered for the first time

26.01.2016 OWENS CORNING  Three Ahlstrom glass fibre plants acquired / Finnish conglomerate's activities abroad now limited to China / "Advantex" license agreement with Shandong Fiberglass

26.01.2016 FARATHANE  US automotive OEM buys Mexican competitor Tepso Plastics Mex

25.01.2016 FEEDSTOCK MARKETS  Ethylene: Price battles over feedstocks / Saudi Arabia lifts ethane prices to US level / Iran replies with significant reductions / Gap to naphtha base has narrowed

25.01.2016 LEGO  Details of expansion at Hungarian facility announced / Additional 768 moulding machines anticipated / Waste handling and warehousing to be improved

25.01.2016 MAGNETI MARELLI  Additional joint venture with Changchun Fudi / Production of head- and backlights

25.01.2016 HEXCEL  New engineered core plant in Morocco / Demand from aeronautics industry / Start-up in 2017

22.01.2016 CORRECTION - POLYOLEFINS  Imminent commissioning of new large-scale global plants / Export-oriented production lines in Mexico and Saudi Arabia waiting in the wings / Uncertainty about Borouge / Iran makes a return / Europe as key export destination

22.01.2016 KEM ONE  Investors de Krassny and OpenGate to restructure French PVC producer

21.01.2016 RECYCLING  Finland establishes plastics recycling scheme / Packaging waste recycled by Ekokem

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