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Markets

13.03.2014 SIPCHEM  Arab region's first PBT plant to come on stream this year / 63,000 t/y facility built by ThyssenKrupp

13.03.2014 POLYETHYLENE FILM MARKET  Impact of US shale gas reserves will see resin costs decline / European market contracting / Strong growth in the Middle East / Demand for speciality film rising / AMI multi client study

13.03.2014 DAIMLER  Carbon fibre joint venture shares sold to Toray / Car maker says goal of serial production has been achieved / Material enables significant weight reductions for "Mercedes" C and S classes

12.03.2014 PETROCHEMICAL MARKETS  Ineos chairman Ratcliffe sees demise of European chemical industry if energy questions not resolved / Open letter to EU president Barroso / “Rabbits with our trousers down”

12.03.2014 INNOLATION  Sto subsidiary builds EPS insulation sheet plant in France

12.03.2014 GERMAN PLASTICS MACHINERY  Exports to China grow by almost 34% in 2013 / Japan is leading supplier of machinery to the People's Republic

11.03.2014 MITSUBISHI / ASAHI KASEI  Consolidation of two Japanese crackers by 2016 / Streamlining of S-SBR chain / Difficult market

11.03.2014 ALBIS PLASTIC  Químicos & Plásticos to distribute compounded products in Brazil

11.03.2014 SHALE GAS  Fracking company Cuadrilla lifts UK shale estimate / Experts warn of complex local factors

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

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