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Markets

11.03.2014 EPS INSULATION  Syndicate plans to lobby EU to prolong use of HBCD as flame retardant / Decision expected by year's end / Ban already enforced in Switzerland / German association members plan to follow in mid-2014

10.03.2014 BASF  PolyAd Services subsidiary sold to Edgewater Capital Partners / Focus on light stabilisers, antioxidants and customer specific blends

10.03.2014 MONDI  German packaging plant officially shuttered

10.03.2014 SONATRACH  Algerian oil and gas giant pulls out of planned PE joint venture with Total / Launches expansion plans in Skikda

10.03.2014 NAMPAK  Additional multi-layer flexible packaging capacity in South Africa / New Windmöller & Hölscher co-extruder to serve special needs of African market

10.03.2014 GERMAN PLASTICS PROCESSING  GKV industry association sees increasingly dynamic sales growth / Sector posts record revenues in 2013 / Improved profitability / Twin challenges of renewable energy laws and lack of skilled staff

10.03.2014 RKW  Follow up: RKW Agri subsidiary established / Hyplast activities to be allocated to Philippsthal and Michelstadt production sites in Germany

07.03.2014 SPECIALITY FILMS  Global market to grow by 6.4% per year to 2019 / Strong demand from flexible packaging and construction sectors / TM Research study

06.03.2014 MEDICAL PLASTICS  Ageing populations and packaging growth boost global consumption / European market robust despite challenging economics / New medical products showcased at “Pharmapack Europe” in Paris

06.03.2014 POLYKEMI  Swedish compounder enlarges its foothold in the US / Omni Plast appointed contract compounder

06.03.2014 MATTEL  Acquisition of fellow toy manufacturer Mega Brands / Venturing into the plastic toy construction building sets business

05.03.2014 RKW  Plans to acquire Belgium's agricultural film specialist Hyplast / 40,000 t/y capacity in Hoogstraten

04.03.2014 SUCCINITY  Follow-up: BASF-Purac joint venture begins commercial biobased succinic acid production

03.03.2014 UK PLASTICS INDUSTRY  Latest BPF poll finds sector optimistic about 2014 / 73% of respondents expect UK sales levels to rise / Half anticipate increase in profitability / Energy supply and recruitment of skilled staff remain problematic

03.03.2014 AMIANTIT  Saudi pipe giant invests heavily in Norwegian Flowtite Technology subsidiary / 25 global production sites for GRP pipes

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