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Markets

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

14.02.2012 HONAM PETROCHEMICAL  Plans for new petrochemical hub in Indonesia / Cracker and downstream units could start up in 2016

14.02.2012 IRAN  Oil minister reportedly bans foreign companies from developing Iranian petrochemical projects / Likely retaliation against EU sanctions

13.02.2012 KLÖCKNER PENTAPLAST  Immediate price hike for European PVC, PET films portfolio

13.02.2012 SHOWA DENKO  Agreement for Myriant to deliver biosuccinic acid for PBS production

13.02.2012 PLASTIC BOTTLE RECYCLING  WRAP loan to increase capacity at Eco Plastics / Boost for non-bottle recycling / Complements previous support for Biffa Polymers

13.02.2012 LIFOCOLOR  Compound and masterbatch producer invests in new plant in Poland

10.02.2012 ARKEMA  Follow-up: VCM and PVC production in southern France at complete standstill

10.02.2012 PETROCHEMICAL MARKETS  Cold temperatures lead Arkema to declare FM for VCM and PVC from southern France

10.02.2012 PETROCHEMICAL MARKETS  Cold spell forces Serbia's HIP to declare force majeure

10.02.2012 SI GROUP  Phenolic resins project planned in China / Potential for expansion to 70,000 t/y

09.02.2012 PETROCHEMICAL MARKETS  SolVin declares force majeure for PVC from France and Belgium

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