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Markets

06.01.2012 PIC  Kuwaiti group plans new PET complex in Saudi Arabia / QPIC subsidiary to build hub in Al Jubail

06.01.2012 BASF  Oleum/Sulphuric acid plant commissioned in Antwerp / Important caprolactam component

06.01.2012 POLYMER PRICES  North America December 2011: Quiet end to the year / Struggles over hikes for indexed PE / PP tending slightly downward / PVC and styrene have bottomed out / Engineering plastics still weak / Benzene makes a comeback in January

05.01.2012 CHINA  Dalian city officials reportedly retract promise to relocate Fujia Dahua's PX plant / Citizens threaten renewed protest action

04.01.2012 STYROLUTION  Sun European Partners acquires Spanish ABS subsidiary Elix Polymers / Meeting remaining EC preconditions for styrenics jv

04.01.2012 DSM DYNEEMA  Swiss UHMW-PE tape production plant to close up shop

04.01.2012 UK RECYCLING  Closed Loop Recycling plans to raise capacity in early 2012 / New plant to be located at adjacent brown field site / Focus on improved recyclate quality

04.01.2012 PLASTIC PACKAGING  Spanish authorities hand down fines in price fixing case / Linpac blows the whistle / ILPA-ILIP and Veripack charged

04.01.2012 MITSUI / SINOPEC  Joint venture for EPT plant in China

03.01.2012 WAVIN  Follow-up: Mexichem raises its offer to EUR 10 per share / Due diligence set to commence in second week of January

03.01.2012 LUBRIZOL  Follow-up: Engineering polymers business expanded through Merquinsa acquisition

03.01.2012 SCOTT & FYFE  Fournier Matériaux Composites appointed “Polymat” distributor in France

02.01.2012 PERSTORP  Isocyanate jv agreed with Thai PTT Global Chemical / Plans to invest in France and Asia

02.01.2012 POLYONE  Follow-up: Acquisition of ColorMatrix completed

02.01.2012 BARRIER PACKAGING  US market to grow 1.5% per year to 2016 / Multilayer packaging becomes more sophisticated / Latest BCC study

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