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Markets

24.02.2012 MILACRON  Production of “Magna Servo” injection moulding machines expands to USA / Shift away from Indian affiliate

22.02.2012 GERMAN PLASTICS MACHINERY  New sales record as exports boost production / Increase in numbers employed by manufacturers

22.02.2012 HPCL-MITTAL  Start-up of large-scale Indian PP plant imminent

22.02.2012 PETROCHEMICAL MARKETS  Ineos declares FM for propylene from Cologne after cracker leak

21.02.2012 BIOPLASTICS  European Bioplastics association welcomes EU “Bioeconomy Strategy” / Calls for more specific measures on bioplastics

21.02.2012 RUSSIA  Market for standard thermoplastics grapples with old and new challenges / WTO entry will force lower import tariffs that could further pressure local producers / Price developments similar to western Europe

20.02.2012 PETROCHEMICAL MARKETS  Follow-up: Force majeure for “Lupolen” LDPE grades from Wesseling / Latest victim of January explosion

20.02.2012 BODO MÖLLER  Polish subsidiary to start distributing Argus Additive Plastics masterbatch range in Poland

20.02.2012 JOHNS MANVILLE  Expansion of Slovakian glass fibre output on schedule

17.02.2012 PETROCHEMICAL MARKETS  New USD 5.5 bn complex in Qatar to start in 2018 / Asia, Africa and Latin America targeted

17.02.2012 RIO TINTO  Higher titanium dioxide feedstock prices help lift 2011 revenues / Titanium dioxide feedstock output rose 4%

16.02.2012 DSM ENGINEERING PLASTICS  Global headquarters have moved to Singapore / Relocation to be completed this year / Asian market expected to dominate sales

16.02.2012 PLASTICS ECONOMY  Number of global joint ventures on the rise / Most activity focused in Asia, followed by Middle East / Jv formation follows global consumption patterns and cheap feedstock trends / Latest GlobalData report

16.02.2012 COCA-COLA  Plans to invest USD 1 bn in Mexico this year / Focus on sustainable packaging / Local recycling capacities doubled in wake of PetStar acquisition

15.02.2012 POLYMER PRICES  China January/February 2012: Lunar New Year puts polymer trade to a standstill / Business slow as facilities are restarted / Price hikes average 3-5% / Most standard thermoplastics see slight rises

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