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Markets

20.09.2013 PETROCHEMICAL MARKETS  Formosa Plastics declares force majeure for HDPE following flash fire at US site Point Comfort

18.09.2013 ARKEMA  Closing of plasticiser facility in Chauny planned for 2014

18.09.2013 MEXICHEM  Final agreement on Mexican VCM joint venture with Pemex / JV valued at EUR 389m

18.09.2013 TOYODA GOSEI  Japanese auto supplier on massive North American expansion course / Two new sites in operation and a third to be built

18.09.2013 PLASTICS RECYCLING  Plastics have potential to reach recycling rate of more than 60% by 2020 / Creation of 360,000 "green" jobs / Plastics Recyclers Europe study

18.09.2013 SOLVAY / INEOS  Awaiting clearance from European Commission for PVC JV

17.09.2013 AUTOMOTIVE INDUSTRY  Demand for new cars in Europe to bottom out in 2013 / Slight growth predicted for 2014 / Production stagnates at 12m vehicles / Producers fight poor demand with technology / Suppliers raise proportion of plastics in cars

17.09.2013 MAGNA INTERNATIONAL  Opening of two new facilities in Mexico

17.09.2013 SLOVNAFT PETROCHEMICALS  Ceremony for extension of LDPE production in Bratislava

17.09.2013 PLASTICS AND ENVIRONMENT  Response issued to counter EuPC request for a ban on oxo-biodegradable plastics / Symphony technical director Stephens sees "no credible scientific evidence"

16.09.2013 GIZEH  Expansion in North America moving ahead / Focus on foodstuffs segment

13.09.2013 JAYANT AGRO  Bio-polyols joint venture with Mitsui Chemicals

13.09.2013 PLASTICS AND ENVIRONMENT  EuPC calls on legislator to support separate collection of degradable plastics and ban oxo-fragmentable plastics / Test results show detrimental effect on recycled PE

12.09.2013 BOREALIS  New line for PP-LGF compounds at Monza / Automotive weight saving of 15% claimed

12.09.2013 DANGOTE GROUP  New refinery for Nigeria by 2016 / PP production planned / Secure financing for private project

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