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Markets

30.01.2012 UHDE INVENTA-FISCHER  Building new PET plant for Etana in the northern Caucasus

30.01.2012 EUROPEAN AGRICULTURAL FILMS  Industry consumes 545,000 t/y / Plastics use has given long-term boost to productivity / Concerns over disposal / Market relatively static / AMI report

27.01.2012 EASTMAN  Definite agreement to acquire fellow US specialty chemicals producer Solutia / Transaction valued at USD 4.7 bn / Official go-ahead expected by mid-2012 / Annual cost synergies of about USD 100m

27.01.2012 HDPE  China accounted for almost one third of global demand in 2011 / Middle East has become world's third-largest production region / Emergence of bimodal resins allows for higher-value applications / Latest GlobalData report

27.01.2012 SUMITOMO  Withdrawal from SM joint venture with Denka / Slack demand, overcapacity hit Japanese players

27.01.2012 POLYMERA  Expansion of wood polymer composites compounding plant in USA

26.01.2012 KEYUAN PETROCHEMICALS  Constructing new ABS plant in China's Guangxi province

26.01.2012 EMERALD  Building new “K-Flex” non-phthalate plasticiser operation in Rotterdam / Multi-million dollar investment

26.01.2012 FLEXIBLE PACKAGING  North American market grows to USD 18.3 bn in 2010 / Strong recovery follows 6% contraction in 2009 / Alcan Packaging acquisition takes Bemis into dominant position / PCI Films report

25.01.2012 ITALY  Legislative guidelines for non-biodegradable bag ban finally passed / Some controversy remains

25.01.2012 ALBIS PLASTIC  Distribution pact for PS in Russia

25.01.2012 IMCD  Distributing Altropol's “Neukapol” polyols in Europe and South Africa

25.01.2012 GERMAN PLASTICS ECONOMY  Slower growth in H2 2011 / Stabilisation at high level looks likely in 2012 / Euro crisis looms on the horizon

24.01.2012 TOTAL  Agreement to acquire ExxonMobil's stake in Fina Antwerp Olefins jv

24.01.2012 ARKEMA  Functional polyolefins range restructured / Production of certain “Evatane” and “Lotryl” copolymers to discontinue

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