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Markets

30.03.2012 ELASTOMER MARKET  German industry association warns about new price wave / EPDM at an all-time high / Predicts “immense challenges”

30.03.2012 UBE  Plans to raise polyamide 6 production in Castellon

30.03.2012 CHINA  Ministry of Commerce launches anti-dumping investigation into TDI imports from the EU

29.03.2012 CHINA  Plastics scrap imports up 5% in 2011 / Rise of 21% in value terms over 2010 / PET scrap sees largest price gains

29.03.2012 MOMENTIVE  Epoxy resin production in Wesseling to cease by October 2012

29.03.2012 POLIYA  Turkish resins producer signs contract manufacturing agreement with former Italian Hexion subsidiary Novaresine

28.03.2012 ITALY  Plastics and rubber machinery production levels up 11% year-on-year / Exports rise by almost 21% / Europe is the leading destination / Exports to Russia rise by more than 60%

28.03.2012 BASF  Extrusion technology acquired from B.C. Foam / PET foams complement wind energy portfolio

28.03.2012 LUCITE  Upgrade at MMA plant in Beaumount continues apace / Re-commissioning this year / MAA line starts production

28.03.2012 KOREA ENGINEERING PLASTICS  Mitsubishi and Celanese joint venture raises POM output / New capacity to come on stream in early 2014

28.03.2012 TPI COMPOSITES  Composite wind turbine blades joint venture with Turkey's Alke Insaat / Targeting southern European and North African markets

27.03.2012 POLYURETHANES  FSK expects stable development for the German market in 2012 / Warning of further price rises / Wave of bankruptcies could hit automotive suppliers / High labour costs hinder progress of PU segment in Italy

27.03.2012 AMCOR  Acquisition of Indian flexible packaging manufacturer Uniglobe / Expanding its foothold on the subcontinent

27.03.2012 FRX POLYMERS  Lease agreement with Bayer to build first commercial-scale polyphosphonate flame retardant plant in Antwerp

26.03.2012 PETROCHEMICAL MARKETS  Dow declares force majeure for MDI from Freeport

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