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Markets

19.10.2012 PETROCHEMICAL MARKETS  Shell declares force majeure for ethylene from Fife

18.10.2012 COPERION  US-based Hillenbrand buys global compounding and extrusion equipment leader / Diversification strategy

18.10.2012 SABIC  HDPE grade developed for large containers in healthcare applications

18.10.2012 FILM RECYCLING UK  BPI: Combat export restrictions by increasing product recycled content / Focus on domestic market / "Recycling not going fantastically well"

17.10.2012 SONGWON ADDITIVES TECHNOLOGY  New European OPS jv officially founded / Plans for manufacturing also in Middle East and US

17.10.2012 SOLVAY SPECIALTY POLYMERS  High performance polyester compound launched for LED TV applications

17.10.2012 PLASTICS RECYCLING  Industry association EUPR lauds EU environment commissioner's support / “Too much plastics to energy recovery”

16.10.2012 BASF  Plans to acquire parts of Ciech TDI portfolio in Poland / Production facilities in Bydgoszcz to be shut?

16.10.2012 VINNOLIT  New world-scale plant for paste PVC on stream in Burghausen / Total PVC specialities output will rise to over 500,000 t/y

16.10.2012 WIRTHWEIN  New auto part production plant planned in USA / Strategically located close to BMW facility

15.10.2012 US FLAME RETARDANTS  Resurgence in building to drive 6% annual market growth to 2016 / Construction accounts for 38% of total demand / Auto and aerospace applications also drive gains / Freedonia report

12.10.2012 KRATON  Decision to end jv with Formosa after agreement expires / Asian HSBC expansion on a stand-alone basis / Significant delays to project are blamed

11.10.2012 PLASTICS RECYCLING  PAFA: Far East controls threaten plastic waste exports from Europe / UK recycling targets will become unrealistic / Recycling companies in China form new Scrap Plastics Association

11.10.2012 BASF  Euroresins to handle European distribution for some epoxy systems / Initial focus on Germany

11.10.2012 HALDIA PETROCHEMICALS  India's third largest petrochemical producer in dire financial straits / “Extremely uncertain” future

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