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Markets

10.08.2012 IRAN  Deputy oil minister says EU petrochemicals embargo has had no effect / Analysts see significant cave-in

10.08.2012 BIOPLASTICS  New PLA study predicts global market volume of 800,000 t/y by 2020 / Capacities currently spread across 30 different sites / German nova-Institut poll

10.08.2012 OCTAL  Phase two of Salalah PET expansion complete / Ramping up to full nameplate capacity

10.08.2012 BEYOND PLASTICS  German aluminium association reports production decline in H1 2012 / Positive outlook / Stability expected for H2

09.08.2012 UK RECYCLING  Government support to boost investor confidence / Collection methods need to be optimised

09.08.2012 K.D. FEDDERSEN  New office in Austria to promote distribution activities in south east Europe

07.08.2012 PETROCHEMICAL MARKETS  NPC: Deadly explosion rocks Iran's Bandar Imam Khomeini petrochemical complex

07.08.2012 SRI LANKA  Government grant to support local plastics industry / Sector dominated by SMEs / Plastics consumption expected to rise by 10-12% per year

07.08.2012 NANOCOMP TECHNOLOGIES  Carbon nanotubes facility opened in USA / Strategic alliance with DuPont

07.08.2012 POLYMER PRICES  North America July 2012: Feedstock turnaround puts an end to the downward spiral of standard thermoplastics / PE and PS notations tending upwards in August / PP and PVC still stagnant / Engineering plastics remain weak

07.08.2012 PETROCHEMICAL MARKETS  Equate temporarily shuts down MEG line following a fire

06.08.2012 HONEYWELL  UOP licenses technology to Lukoil / New FCC complex at Nizhny Novgorod on stream in 2015

06.08.2012 PLASTICS AND ENVIRONMENT  EPA identifies substitutes for decaBDE flame retardants / US phase-out from 2013

03.08.2012 CHINA  Compliance with government ban on super-thin plastic bags varies / Supermarkets score high, farmers' markets low / Cities more obliging than the countryside

02.08.2012 PETROCHEMICAL MARKETS  Styrolution declares force majeure for styrene from North America

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