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Markets

19.07.2012 INDIA  Polymer demand outstrips GDP / Third largest consumer after China, US / GlobalData report

19.07.2012 TEIJIN  Matsuyama PET feedstock line to be adjusted to external supply / Outlet for abundant DMT

18.07.2012 LUMMUS TECHNOLOGY  Contract awarded by Petronas for world scale cracker project / License and engineering design of five petrochemical units in Malaysia

18.07.2012 TER GROUP  Distributing Flow Polymers' thermoplastic processing aids in Europe

18.07.2012 ZHEJIANG TAIXIAN NEW MATERIALS  Construction of Shanghai carbon fibre plant begins

18.07.2012 GULF COOPERATION COUNCIL  14m t of new petrochemical capacity brought on stream in 2011 / Saudi Arabia leads the pack / Regional players are setting their sights to the east / Feedstock surplus will sweep global markets in near future

18.07.2012 EUROPEAN CABLE INDUSTRY  Production accounts for 4% of value of resin output / Consolidation continues / PVC remains dominant material / Germany leads demand / AMI report

18.07.2012 PETROCHEMICAL MARKETS  Repsol declares force majeure for Puertollano cracker in Spain

17.07.2012 BAYER MATERIALSCIENCE  PU system houses in Italy, Czech Republic and Greece close up shop

17.07.2012 PET RECYCLING  EU 27 collected 1.6m t of PET in 2011 / Recycling rate grows by 9.4% year-on-year / Recyclers operating at only 77% capacity utilisation / Latest Petcore, EuPR figures

17.07.2012 KUOKUANG PETROCHEMICAL  Follow-up: CPC affiliate reportedly signs deal for new petrochemical complex in Malaysia / Plans for Taiwan scrapped?

17.07.2012 POUCHES  US demand expected to approach USD 9 bn in 2016 / New Freedonia study

16.07.2012 FLAME RETARDANTS  Ban on HBCD likely soon / Brominated polymers as potential substitute / Trend towards intumescence / New EU regulation for fire prevention imminent / China main producing country / Prices at record level

16.07.2012 US BIOPLASTICS  Demand expected to rise 30% to 25m t by 2016 / Freedonia sees USD 680m value

13.07.2012 UPDATE - PLASTIC PIPES  EU authorities raid offices of several producers on suspicion of illegal price fixing / Tessenderlo, Pipelife and Wavin searched

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