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Markets

29.10.2014 SASOL  South African group finalises US Gulf petchems investment / USD 8 bn cracker will produce 1.5m t/y of ethylene / Two PE plants also part of Louisiana complex

29.10.2014 TAKATA  Airbag manufacturer in the crosshairs of US media / Almost 8m passenger vehicles recalled

29.10.2014 SONGWON  Long-term agreement with distributor UTS to supply Sibur with additives

28.10.2014 KLÖCKNER PENTAPLAST  Owner SVP apparently puts sale of film producer on hold for a second time / Offers received reportedly too low

28.10.2014 VELOX  Distributor now offering Struktol additives in Europe / Suitable for use with reyclate

28.10.2014 PET RECYCLING  Summary of presentations of Petcore Networking Day

27.10.2014 HANIL E-HWA  South Korean automotive supplier builds second plant in Poland / Manufacturing interior components for Hyundai

24.10.2014 NILIT  Israeli fibre producer acquires Invista's Brazilian plant / Plans to produce PA 6.6 resin?

24.10.2014 PLASTICS MACHINERY CHINA  Exports decline by 3.5% in H1 2014 while imports rise by almost 99% / First half trade deficit reaches USD 138m / Injection moulding machines most popular / CPRJ report

24.10.2014 AKRO-PLASTIC  German compounder acquires Metabolix's “Mvera” product range / Bio-Fed subsidiary established

23.10.2014 CARRIER BAGS  Scotland's retailers now charging 5p for all single-trip bags of all materials / England to follow suit in 2015 / Northern Ireland to extend levies to cheap reusable bags from January

22.10.2014 PROCTER & GAMBLE  Expanding commitment to plastics recycling in packaging / 20% packaging reduction targeted for 2020

22.10.2014 AIRBUS  Plans to merge processing subsidiaries Aerolia and Sogerma / Bundling CFRP production

21.10.2014 VERSALIS  Dunkirk cracker to be converted to ethane feedstock / Imports of US shale gas

21.10.2014 DECEUNINCK  Purchase of Turkey's Pimas completed following antitrust approvals

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