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Markets

04.06.2012 BRASKEM  Bioplastics production unaffected by Brazil sugarcane shortage / Capacity of 200,000 t/y "green PE"

04.06.2012 SAUDI ARAMCO  Rabigh II petrochemicals expansion in Saudi Arabia approved / Investment cost estimated at USD 7 bn / Start-up expected in 2016

04.06.2012 PLASTICS PROCESSING INDUSTRY  EuPC is mulling over appropriate actions concerning "Forces Majeures" in Europe

01.06.2012 PERSTORP  Distribution agreements with NRC in Brazil and Scandinavia

01.06.2012 MITSUI  EPDM joint venture with Sinopec in Shanghai / Commercial production to start in 2014

01.06.2012 MAGNETI MARELLI  JV for automotive components in north-eastern China / EUR 14m initial investment for new plant

01.06.2012 VIRIDIS PLASTICS  Start-up subsidiary buys Plastics Sorting out of administration / Financial support from Welsh Government / Ambitious plans for PET recycling

01.06.2012 LANXESS  Ground-breaking for new 90,000 t/y PA plant at Antwerp / EUR 75m unit due on stream in 2014

01.06.2012 PETROCHEMICAL MARKETS  Shell declares force majeure for butadiene from Moerdijk

31.05.2012 HIP PETROHEMIJA  Frost-idled plants back to normal / Revamp should boost plant efficiency

31.05.2012 ARGENTINA  Polymer consumption exceeded 1.7m t in 2011 / Domestic capacities are mostly in the standard field / Brazil is leading trade partner / Second Argenplas industry fair in June 2012

30.05.2012 STYROLUTION  HIPS line down temporarily at Antwerp

30.05.2012 LYONDELLBASELL  Third production unit at Wesseling could be restarted soon / Aftermath of January explosion

30.05.2012 AGY  US glass fibre output increased 20% to meet aerospace demand / Agreement to produce roving under licence in China

30.05.2012 ITALY  One of the weakest links in the European industrial chain / Plastics machinery performs below average / Polymer production shrinking / Company formerly known as Polimeri to move more into specialities

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