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Markets

28.05.2013 CELANESE  Acetic anhydride plant in France and VAM plant in Spain up for sale

28.05.2013 NOVA CHEMICALS  Canada LLDPE project to start up in late 2015 / Technip wins detailed engineering contract

28.05.2013 US SPECIALITY FILMS  Market to reach USD 8.0 bn in 2017 / Barrier films forecast to grow 5.1% / Construction industry boosts demand / Freedonia report

27.05.2013 BOPET FILMS  Latest PCI study indicates projected capacities not enough / Western markets may experience a shortfall by 2017

27.05.2013 PLASTICS MARKETS  Latest European data shows demand for plastics materials retreating slightly / Industry recovering but only slowly

27.05.2013 KINGFA SCIENCE AND TECHNOLOGY  Guangzhou company takes 66.5% share in ailing Indian compounder / Deal estimated at EUR 1.65m

24.05.2013 CHINA  Standard plastics stagnate / Growth of 6% for engineering thermoplastics in 2012 / Market dominated by foreign capacities / Growing surpluses with PC and POM / Another grand "Chinaplas" comes to an end

24.05.2013 TOTAL  Planned EUR 1 bn modernisation of Antwerp refinery and petchems site / Closure of uncompetitive PE unit by end-2014

23.05.2013 BAYER MATERIALSCIENCE  Innovation centre opens in Shanghai / Expands global network

23.05.2013 BRASKEM  Resins company adds LDPE alternative to its green plastics portfolio

23.05.2013 ASCEND  UOP licenses C3 Oleflex process to Ascend in US / New plant to be built on Gulf Coast

22.05.2013 ALBEMARLE  Joint venture in mineral flame retardant with Senze Meilu / Solidifies growth strategy in emerging applications and regions

21.05.2013 GERMAN PLASTICS PRODUCTION  Full-year 2012 output sinks 3.4% after especially dismal Q4 / Outlook clouded by economic weakness / US shale gas competition worries the sector / Germany leads Europe in recycling

17.05.2013 LYONDELLBASELL  European re-structuring includes German HDPE site / Under-performing production line to be mothballed late 2013

16.05.2013 TCI SANMAR  MoU to build 'Plastic Park' in Egypt / Plans for PVC downstream activities

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