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Markets

16.03.2012 CHINA PETROCHEMICAL DEVELOPMENT CORP  Plans to relocate ACN production to mainland China / Response to government resolution to encourage more environmentally friendly production

15.03.2012 PETROCHEMICAL MARKETS  Technical glitch takes out Borealis' LDPE line in Sweden

15.03.2012 SOUTH AMERICAN POLYURETHANES  Output to exceed 900,000 t in 2016 / Flexible foam is largest market for PU chemicals / Consolidation in foam production / Brazil is largest producer / IAL Consultants study

15.03.2012 BASF  Raising cyclohexane oxidation output in Antwerp

15.03.2012 VARROC  Indian group to take over Visteon's automotive lighting business following acquisition of Italian company Triom

15.03.2012 PLASTICS INDUSTRY  EuPC warns of rising cost pressures faced by European plastics converters / Points to the need to pass on increases to recover costs

14.03.2012 CHINA  Dawn of the “Great Ethylene Era” / Five Year Plan calls for massive increase in domestic C2 capacities / Pinpointed regional investments / Foreign players race to form joint ventures

14.03.2012 FORMOSA CHEMICALS & FIBRE  New polyamide fibre plant commissioned in Vietnam

13.03.2012 SO.F.TER.  Raising global compounding capacity by 30,000 t/y / New distribution arrangement for Lombardy region

13.03.2012 MAUSER  European IBC and plastic packaging price increase

12.03.2012 BRAZIL  Composites sector grows sales by more than 10% in 2011 / Study predicts 12% rise in 2012

12.03.2012 ITALY  Trial of four Porto Torres managers on pollution Charges / Postponement on a technicality

09.03.2012 PETROCHEMICAL MARKETS  Ineos declares force majeure for LDPE and LLDPE from Cologne

09.03.2012 BASF  USD 1 bn agreement with Petronas to expand activities in Malaysia / Raising capacity at existing BASF Petronas Chemicals jv / Plans to set up new joint venture in Johor

09.03.2012 MITSUBISHI  Agreement with Genomatica on exclusive negotiation rights for planned Asian BDO joint venture

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