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Markets

23.09.2013 CHANDRA ASRI  Significant cracker expansion project underway in Indonesia / USD 380m investment at Cilegon site

20.09.2013 HUNTSMAN  In agreement to buy Rockwood's additives and pigments businesses / Merger creates world's second largest pigments company

20.09.2013 BAYER MATERIALSCIENCE  MDI capacity increase in Shanghai slated for mid-2014

20.09.2013 HEALTHCARE PACKAGING MARKET  Global plastic demand to rise by 5.6% per year to 2018 / Growth led by PP / BCC Research study

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

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