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Markets

30.01.2015 SHALE GAS  UK parliament rejects new fracking moratorium / Environment committee bill defeated / Scotland exempted from eased exploration rules / Devolved rights could threaten Ineos

30.01.2015 SHELL  Plans to build USD 11 bn cracker and downstream petrochemicals hub in Iraq

30.01.2015 PU PANELS  Global demand to grow by 4.4% per year to 2018 / Fastest growth expected in India / IAL Consultants report

30.01.2015 SASOL  US-based upstream plans shelved for now / Commitment to ethane cracker and PE lines reconfirmed

29.01.2015 MOROCCO  Plastics industry continues to see solid growth / Sector sales to double by 2020 / Recycling activities to rise

29.01.2015 MEADWESTVACO / ROCKTENN  US packaging giants agree to merger / Combined company would have close to USD 16 bn in sales / Plastics operations part of mega-deal

29.01.2015 KARPATNEFTEKHIM  Reports allege that Ukrainian Lukoil subsidiary could resume PE, PVC production in spring / Ongoing feuds likely to constitute an obstacle

29.01.2015 KINGSPAN  Purchase of Belgian steel and PU sandwich plates producer Joris Ide Group

28.01.2015 WORLD BULK PACKAGING  Global demand forecast to rise by 5% annually / Africa/Middle East region to experience fastest growth / Flexible bulk packaging to see larger gains than rigid alternatives / Freedonia report

28.01.2015 SKC / MITSUI  Follow-up: PU joint venture to cease operating Kashima TDI and Omuta MDI facilities in May 2016 / Plans to set up XDI and speciality isocyanates facilities

28.01.2015 MEDTRONIC  Covidien purchase wrapped up for almost USD 50 bn / New medical technology giant is born

28.01.2015 SIKA  Swiss group in exclusive talks to acquire PU and epoxy resins specialist Axson Technologies

28.01.2015 COOPER STANDARD  Sealing gaskets manufacturer reduces overcapacities in western Europe / Production to be moved to eastern part of the continent

27.01.2015 CHINA  Installed methanol-to-olefins capacities stand at 4.5m t/y / Newer plants can use locally developed technology / Despite crude oil price fall, CTO looks here to stay

27.01.2015 REPSOL  Puertollano modernisation efforts begin / Works expected to take two months / EVA debottlenecking / PP output switched

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