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Markets

04.04.2012 PLASTIC PACKAGING  German packaging producers association warns of rising raw material prices / Survey nevertheless shows optimism for Q2 economic development

04.04.2012 DSM / ROQUETTE  Reverdia bio-succinic acid joint venture approved by regulatory authorities / First large-scale plant

04.04.2012 FLUOROPOLYMERS  German industry association says supply picture has improved / Prices remain at a high level / Summer business will be dominated by cooling agents

03.04.2012 DOW  Cost-reduction plan will see 900 jobs slashed worldwide / Plant closures in Europe and the Americas / Move expected to deliver USD 250m in annual savings

03.04.2012 ARTLANT  New state-of-the-art PTA plant on stream in Portugal/ Almost all output earmarked for export

03.04.2012 PLASTICS MARKETS  Global production reaches about 280m t / China remains leading plastics producer / Latest figures from PlasticsEurope

03.04.2012 PETROCHEMICAL MARKETS  Westlake declares force majeure for PVC from Geismar / Vinyls operations to resume in mid-May

02.04.2012 SGL CARBON  Portuguese fibre manufacturer Fisipe acquired / Plans to convert some lines to turn out carbon fibre precursors

02.04.2012 PLASTICS RECYCLING  European recovery rates in the building and construction sector vary wildly / German infrastructure praised / PlasticsEurope study

02.04.2012 BAALBAKI  Syrian PU producer expands polyol production / Headquarters to move to UAE / Expansion of Turkish system house

30.03.2012 GERMANY  Germany's VDMA association reports record plastics machinery exports in 2011 / Asia sees largest gains

30.03.2012 ELASTOMER MARKET  German industry association warns about new price wave / EPDM at an all-time high / Predicts “immense challenges”

30.03.2012 UBE  Plans to raise polyamide 6 production in Castellon

30.03.2012 CHINA  Ministry of Commerce launches anti-dumping investigation into TDI imports from the EU

29.03.2012 CHINA  Plastics scrap imports up 5% in 2011 / Rise of 21% in value terms over 2010 / PET scrap sees largest price gains

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