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Markets

23.01.2014 DOW  Hedge fund buys US billion dollar stake, stirs troubled waters / Third Point wants to see petchem spin-off

22.01.2014 PLASTICS AND HEALTH  EFSA says BPA a potential threat but risks manageable / Recommended daily dose temporarily lowered / Draft opinion open for consultation / PlasticsEurope sees its position vindicated

22.01.2014 BASF  “Ultrason” high-performance thermoplastics plant starts up in Korea

21.01.2014 PLASTICS PACKAGING FRANCE  Renewed optimism across entire sector / Packaging producers anticipate upward swing / Overpackaging no longer a buyer concern / Machinery manufacturers look to production stability / Next “Emballage” fair in Paris in November

21.01.2014 CITADEL PLASTICS  Acquisition of US compounder Lucent Polymers

21.01.2014 SOLVAY  Bid submitted to take over struggling Plextronics

20.01.2014 TOTAL  Coal-to-olefins project in China enters in-depth study phase / Annual output of around 800,000 t expected

20.01.2014 FRX POLYMERS  Evonik added to list of investors in US start-up of flame retardants

20.01.2014 PLASTICS AND ENVIRONMENT  EU Parliament calls for a ban on the most hazardous plastics by 2020 / Stricter and more effective enforcement neccesary / German reaction mixed

17.01.2014 SOLVAY  Buy-in of Canadian composites manufacturer Aonix complete

17.01.2014 SASOL  Debottlenecking for ethylene and PE in South Africa

17.01.2014 CAPS AND CLOSURES  Plastic beverage closures overtake metal in 2013 / Plastic to represent 52% of volumes in 2017 / Canadean report

16.01.2014 BIESTERFELD  Distribution agreement for Solvay's polysulfones in Scandinavia

16.01.2014 BRASKEM  Agreement with Genomatica to develop bio-based butadiene process / Genomatica butadiene programme extended into the Americas

15.01.2014 CHINESE PLASTICS MACHINERY MARKET  Producers need to specialise to raise selling prices, says trade group / Production takes a 7% decline in 2012

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