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Markets

20.06.2014 MEDTRONIC  US medical technology giant to acquire Irish rival Covidien for USD 42.9 bn / Setting the stage for more mergers in the medical devices field?

20.06.2014 MARQUARDT  German mechatronics manufacturer opens new plant in Tunisia / Production of assembly equipment for global clientele

19.06.2014 COVERIS  US packaging giant continues acquisition spree / Purchase of UK food packaging manufacturer St. Neots Packaging

18.06.2014 SHALE GAS  German government working on draft fracking bill / Proposed law would include ban on toxic chemicals, prohibition on drilling near water reserves / Several federal states opposed

18.06.2014 INEOS  Mulling entry into UK shale gas exploration / Working group assessing benefits and risks

18.06.2014 EXCLUSIVE INTERVIEW  PIE speaks to Klaus Ries, business manager Styrenic Foams & Styrene Monomers at BASF / EPS market expected to continue consolidating / New impulses brought by PolyFR flame retardant

18.06.2014 UK INDUSTRY  Growth in output boosted by plastic and rubber sector / Highest production in 40 years

18.06.2014 MATRICA  First biochemical plant begins operations in Porto Torres / Additional downstream facilities set to start up in near future

17.06.2014 PLASTICS MACHINERY GERMANY  VDMA revises down 2014 sales prediction / Orders in Germany boosted by investment in plant and equipment / Foreign export growth to slow

17.06.2014 NOVA CHEMICALS  First barrels of ethane from Bakken Shale formation arrive in Joffre / New feedstock mix should enable full-scale production at group's PE plants

17.06.2014 HYOSUNG  Commercial polyketone production to commence in South Korea in 2015 / Small orders of compounds already available / Röchling extrudes semi-finished parts

17.06.2014 SIG COMBIBLOC  Owner Reynolds Group reportedly mulling sale / Divestiture could help ease USD 18 bn in debt

17.06.2014 CHEVRON PHILLIPS  Texas-based 1-hexene plant starts up / Claimed to be world's largest facility / Key feedstock for LLDPE stretch film

13.06.2014 INEOS TECHNOLOGIES  “Innovene S” license awarded for petrochemical hub in Turkmenistan / Large-scale HDPE line to go up at Caspian Sea

13.06.2014 WELA-COLOURS  Distributing Prayag's additives and masterbatches from India across select European countries

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