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Markets

25.06.2014 JBF  Belgian PET plant successfully starts up / First volumes hit the market

25.06.2014 SHALE GAS CHINA  US-Chinese partnerships explore opportunities for unconventional gas in the People's Republic / Restructuring of energy mix / Chinese firms also participating in US fracking projects

24.06.2014 BASF  Compounding units for PA and PBT start up in Shanghai / Ground-breaking for second Korean plant

24.06.2014 LEGO  Expansion at Mexican production plant brought on stream / New Shanghai office to cater to rising Asian demand

23.06.2014 PETROCHEMICAL MARKETS  Work on US Gulf Coast crackers and PE plants gears up / ChevronPhillips and ExxonMobil lead the way / Some 30% of expanded US commodity plastics output to be exported by 2020

23.06.2014 MITSUBISHI RAYON / MITSUI  MoU for large-scale MMA joint venture in the US / Non-binding feedstock agreement with Dow

23.06.2014 PVC RECYCLING  Continuous increase across Europe / UK accounts for over 20% of total / Recovinyl report

20.06.2014 GLOBAL SLEEVE LABEL MARKET  Consumption to rise by 5.6% annually to 2019 / Heat shrink sleeve label format dominates / Smithers Pira study

20.06.2014 C3 PETROCHEMICALS  EPA permit paves way for massive Texas propane dehydrogenation plant / Start-up expected in 2015

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

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