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Markets

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

12.06.2014 A. SCHULMAN  USD 91m cash deal to acquire parts of Ferro's Specialty Additives business / Agreement includes four US facilities as well as one in Spain

12.06.2014 INEOS / SASOL  Plans for HDPE joint venture finalised / Debt-financing details being worked out

11.06.2014 PETROCHEMICAL MARKETS  Fire takes out IRPC's propylene cracker in Rayong / Production of PP compounds may be affected

11.06.2014 STRATUS PACKAGING  French labels manufacturer commissions fourth plant / Doubling IML labels capacity

11.06.2014 WOOD PLASTIC COMPOSITES  US-residential construction helps drive up demand by 9.8% annually / Market to reach USD 5.5 bn in 2018 / Freedonia report

10.06.2014 EUROPEAN CHEMICAL INDUSTRY  EU chemicals output continues to rise in Q1 despite petrochemicals decline / Polymers production grows by 1.3% in March / Cefic data

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