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Markets

30.06.2014 STYROLUTION  Ineos buys BASF's share in 50:50 styrenics joint venture for EUR 1.1 bn

30.06.2014 PETROCHEMICAL MARKETS  Basell Orlen Polyolefins announces FM for polypropylene

30.06.2014 PETROCHEMICAL MARKETS  Total declares force majeure for homopolymeric PP from Feluy

30.06.2014 SWITZERLAND  Plastics industry continues its decline in 2013 / Drop in volume of material processed / Companies report stable operations / Construction and packaging sectors hope for economic improvement

30.06.2014 CLARIANT  Debottlenecking German “Licocene” metallocene polyolefin plant / 50% capacity upgrade due on stream in 2016

27.06.2014 BIOPLASTICS  Rising fossil fuel costs drive bioplastics growth / Bioplastics to account for 2.4% of packaging in 2023 / North American shale gas could propel consumption in other regions / Smithers Pira report

27.06.2014 ITALY  Plastics sector still in crisis mood / Consumption of all polymers declines in 2013

27.06.2014 DOW  Construction on mega Texas cracker to start this month / Commissioning in 2017 / Plans for downstream facilities specified

26.06.2014 INEOS / SOLVAY  European chlorvinyls activities to merge under new Inovyn 50:50 jv / Operations expected to commence in Q4 / Solvay to exit after three years

26.06.2014 ELECTRICAL / ELECTRONICS INDUSTRY  Global market continues to grow / Asia still in pole position / Europe's importance declining

26.06.2014 MEXICO  Rigid plastic bottle consumption to grow by 3.3% annually to 2017 / World's second largest PET bottle consumer / Awareness on sustainability rising / LAPET conference in Mexico City in October

26.06.2014 BIOAMBER  CAD 20m loan secured for Canadian bio-based succinic acid plant

26.06.2014 TRELLIS EARTH  Assets of insolvent bioplastics producer Cereplast acquired / Backward integration / Plans for new products in the US

26.06.2014 BRENNTAG  Distributing Epsan's PA 6 and PA 6.6 compounds in Germany

25.06.2014 PLASTICS MACHINERY  Euromap and SPI sign declaration of intent on TTIP free trade agreement / Elimination of tariffs expected to boost export sales, employment

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