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Markets

12.06.2012 POLYMER PRICES  North America May 2012: Polyolefins on a downhill ride / PVC weaker / PS rumbles but holds steady / Engineering plastics also under pressure / ABS in a downswing / PC and PA will deteriorate in Q3

12.06.2012 NATPET / A. SCHULMAN  New polypropylene joint venture in Saudi Arabia / Two-phase project

11.06.2012 TAGHLEEF  Acquisition of AET Films completed

11.06.2012 PERSTORP  New Vencorex isocyanates joint venture sealed

11.06.2012 CHINA  Scrap plastics show dynamic development / Increasing environmental and commercial issues / Imports of 8.39m t in 2011 / Hong Kong still ranks as top origin country despite volume decrease

11.06.2012 POLYPLEX  Plans for new PET plant in Turkey / Indian films specialist will also produce granules for bottle manufacture

08.06.2012 VACMET  Indian packaging materials producer starts BOPP film business / Machinery from Brückner

08.06.2012 ROSATOM  New EUR 100m carbon fibre plant in Tatarstan / Output aimed at aeronautics industry

08.06.2012 INDONESIA  Rising consumption of PE and PP / Shortage of ethylene / Capacity expansion / Honam's plans could stir things up

05.06.2012 PETROCHEMICAL MARKETS  Shale Gas: Poland prepared for extraction / PKN Orlen survey indicates support in development / International conference in Warsaw

05.06.2012 PLASTIC CARRIER BAGS  Los Angeles moves to ban single-trip bags / Collection and recycling costs prohibitively high

05.06.2012 EXXONMOBIL  New ethane cracker and PE plants at Baytown / Cheap US shale gas gives price advantage

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

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