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Markets

15.04.2014 ENGEL  Austrian group sets up Chinese subsidiary / New Wintec to manufacture injection moulding machines for regional commodity market

15.04.2014 ITALY  Proposals for preserving the plastics industry / Suggesting creation of large-scale national cluster / Fragmented industry should agglomerate / New study by European House – Ambrosetti

15.04.2014 ARTIFICIAL GRASS  Strong growth forecast / M&A activity likely / EMEA is largest market / AMI multi-client study

14.04.2014 LANXESS  Brazilian PA and PBT compounds plant inaugurated / Meeting rising local automotive demand

14.04.2014 TAGHLEEF INDUSTRIES  Takeover of Spanish BOPP film producer Derprosa Film

14.04.2014 LUBRIZOL  Groundbreaking for Indian CPVC plant / USD 50m facility to start operations next year

14.04.2014 PETROCHEMICAL MARKETS  LyondellBasell declares force majeure for PP from Brindisi / C3 increasingly tight as Versalis' cracker appears to be off stream too

11.04.2014 PETROCHEMICAL MARKETS  BASF temporarily shuts down its Ludwigshafen cracker

11.04.2014 BASF / SINOPEC  Nanjing-based BASF-YPC joint venture commences acrylic acid and superabsorbent polymers production

11.04.2014 INDIA  Newest anti-dumping duties on PVC imports revealed / Korea exempted, Chinese producers face stiff penalties

11.04.2014 BRAZIL  Local office of German plastics machinery association holds first management meeting / Cautiously optimistic about 2014 / Germany supplies 25% of all plastics and rubber machinery imports

11.04.2014 NONWOVENS  Beyond plastics: European production up 2% year-on-year in 2013

08.04.2014 BRASKEM  Ethane feedstock agreement for Ascent cracker and PE project in USA

07.04.2014 VARROC LIGHTING SYSTEMS  EUR 47m modernisation investment at Czech plants / Fifty jobs to be created as part of growth strategy

07.04.2014 CHEVRON PHILLIPS  Groundbreaking ceremonies held for 1.5m t/y Cedar Bayou ethane cracker / Ethylene largely for domestic consumption / Two 500,000 t/y PE plants part of USGC project

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