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Markets

11.07.2012 BIOPLASTICS  Global market to grow 34% per year to 2016 / Largest growth in Europe and the Americas / BCC Research report

10.07.2012 JBF PETROCHEMICALS  Technology licensing deal with BP for new PTA mega-plant in India

10.07.2012 HIGH PERFORMANCE COMPOSITES  US demand to reach USD 10.3 bn in 2016 / Gains driven by aerospace applications / Carbon-fibre composites will see largest growth / Freedonia reports

10.07.2012 PLASTICS AND RUBBER MACHINERY  Italian exports and imports continue to grow in first quarter of 2012 / Germany remains largest overseas market / Assocomaplast report

09.07.2012 RELIANCE  Licensing contracts for Jamnagar ethylene cracker and PX line awarded / Mega-hub scheduled to go on stream in 2015

09.07.2012 HUNTSMAN  Full ownership in Russian polyurethane joint venture acquired

09.07.2012 ADDITIVES  Global market to grow by 4.3% in 2012 and 2013 / Slightly higher growth forecast to 2018 / BCC Research studies

09.07.2012 BASF  Tolling agreement with Astra Polymers for customer specific blends renewed

06.07.2012 PETROCHEMICAL MARKETS  Styrolution lifts global force majeure for certain specialty grades

06.07.2012 POLYMER PRICES  North America June 2012: Polyethylene notations continue to slide / PP in free fall / PVC flagging / Styrenics point down despite stable costs / Engineering thermoplastics headed for summer lull

06.07.2012 DOW  Carbon fibre joint venture with Aksa is official

05.07.2012 BASF  Building new butadiene plant in Antwerp

05.07.2012 EASTMAN  Acquisition of Solutia is completed

05.07.2012 REXAM  Sale of Personal Care business for EUR 562m is confirmed / Divestment of household and high barrier food operations following strategic review

05.07.2012 BAYER MATERIALSCIENCE  North American PETG sheet business acquired by Plaskolite

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