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Markets

21.09.2012 LANXESS  Acquisition of composite sheet manufacturer Bond-Laminates / Strengthening automotive business

20.09.2012 PETROCHEMICAL MARKETS  Styrolution lifts force majeure for styrene in North America / Polystyrene still tight

20.09.2012 SOLVAY  Raising PEEK output in India

20.09.2012 SCOTLAND RECYCLING  Loan fund to support plastics reprocessing facilities / Viable business opportunities to boost recycling

19.09.2012 PLASTIC OMNIUM  Inergy subsidiary planning additional facility in Russia / Remaining shares in Indian jv acquired

19.09.2012 BASF  Quitting EPS business in Malaysia and India / Examining carve-out and divestment of Latin American “Styropor” capacities / Global realignment towards strategic markets and core products

19.09.2012 LANXESS  PA, PBT compounding facility in North Carolina starts up / Catering to rising automotive demand

18.09.2012 INDIA  New Delhi imposes blanket ban on plastics / Directive includes manufacture and distribution

18.09.2012 ELOPAK  Selling stake in South African drinks packaging joint venture to Nampak

18.09.2012 REPI  Italian additive and colour manufacturer starts up first US plant / Facility intended to bring revenue boost

17.09.2012 CHINA PET MARKET  Close to 12m t turned out in 2011 / Price of chip exports abroad down year-on-year / First PET resin line installed in 1990 / New capacity expansion wave underway

17.09.2012 PETROCHEMICAL MARKETS  Fire erupts at Sibur subsidiary Tomskneftekhim / Minimal damage

17.09.2012 JIUTAI ENERGY  License agreement for Dow's “Unipol” PP process / New methanol-to-olefin plant in Inner Mongolia

17.09.2012 MOSSI & GHISOLFI  Plot acquired in Corpus Christi for new PET and PTA mega plant

14.09.2012 BIOPLASTICS  Industry association seeks to end false claims about bioproducts / Guide for environmental communications launched

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