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Markets

08.12.2011 KRAUSSMAFFEI  Manufacturing capacity to be doubled at plants in Slovakia and China

07.12.2011 PETKIM  Construction of USD 5.5 bn mega-refinery on track / Commissioning expected in 2015 / Start-up will significantly reduce Turkey's dependence on feedstock imports

07.12.2011 POLYMER PRICES  North America November 2011: PE still stable / PP sees triple-digit fall / PVC still depressed / Styrenics in free fall / Engineering plastics remain under pressure

06.12.2011 ROSNEFT  Petrochemicals project planned in Russia's Primorsky region / Lummus to supply cracker technology / Downstream polymers production planned

06.12.2011 TEIJIN  Pilot plant for CFRTP parts to start up in 2012 / One-minute cycle time “ideal” for automotive

05.12.2011 ZHEJIANG SHAOXING SANJIN PETROCHEMICAL  Propylene plant planned in China / Technology provided by UOP

05.12.2011 BASF  New 6,000 t/y plant for “Ultrason” PESU in Korea / First outside Germany / Start-up 2012

05.12.2011 CHINA  Formosa Plastics CEO worried about economic downturn

05.12.2011 DUPONT  Agreement with Base Resources for titanium dioxide from Kenya / Mine to start operations in late 2013 / Market not expected to improve in near future

02.12.2011 CHINA  State initiatives to promote use of biodegradable plastics, strengthen biotech sector / Starch-based materials account for 60% of bioplastics output / Efforts to separate organic waste could spur local consumption

01.12.2011 EPOXY RESINS  Matrix material of choice for CRP applications / Eight manufacturers in Europe / European capacity stands at 340,000 t/y / Prices influenced by polycarbonate and glycerol / Recycling limited to cement sector

01.12.2011 INDIA  Commerce ministry agrees to enhance packaging industry standards / Boost to USD 23 bn market

01.12.2011 LG ELECTRONICS  Raising washing machine and refrigerator production in Poland / Plans to significantly increase market share in Europe

30.11.2011 EVENTS  “Compamed” and "Medica" success in Düsseldorf / Over 130,000 attend parallel medical trade fairs

30.11.2011 ZAT  Polish chemical company plans to introduce caprolactam technology in Asia / Collaborating with Pulawy

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