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Markets

03.12.2013 PETROCHEMICAL MARKETS  Ineos declares force majeure for VCM and PVC from Rafnes

03.12.2013 PLASTICS RECYCLING  Plastics Recyclers Europe association confirms growing European recycling rates / Now numbering more than 100 members

02.12.2013 SHALE GAS  Poland's Environment Ministry expects commercial exploitation to start in 2014 / Test drills to date exceed all expectations

02.12.2013 LA SEDA  Recycler Artenius Green enters liquidation / Greek PET subsidiary now in Turkish hands

29.11.2013 K.D. FEDDERSEN  Turkish distribution office established / Rising demand for Metabolix biopolymers

29.11.2013 BASF  Commercial volumes of BDO based on dextrose now available for testing / Using Genomatica process

29.11.2013 FAURECIA / MAGNETI MARELLI  French, Italian automotive OEMs team up on vehicle interiors / Merger of plastics and electronics

28.11.2013 US INSULATION MARKET  Foamed plastic demand forecast to increase by almost 7% annually and reach USD 4.6 bn in 2017 / Rising building construction spending will boost growth / Freedonia study

28.11.2013 KOPLA  Korean compounder plans first US production facility

28.11.2013 KURARAY  Acquisition of DuPont's PVA/PVB safety glass business / USD 543m deal expected to close in 2014

27.11.2013 FORMOSA PLASTICS  New PS plant in Vietnam in planning stages/ Growing demand from the electronics industry is catalyst

26.11.2013 MAGNETI MARELLI  Automotive lighting joint venture with China South Industries / Changan is major customer

26.11.2013 BAYER MATERIALSCIENCE  Investment in PU foams and coatings raw materials / Growth rates of 4-5%

26.11.2013 GHARDA CHEMICALS  Plan for new speciality engineering plastics plant in India / New distributor in Germany

26.11.2013 PETROCHEMICAL FEEDSTOCKS  Dubai exchange to launch PP futures trading in February / Timing may reflect “Borouge 3” start

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