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Markets

12.12.2011 CHEVRON PHILIPS CHEMICAL  Saudi Polymers jv project to start up in Q1 2012 / Output includes PE, PP and PS

09.12.2011 WAVIN  Follow-up: Dutch pipe maker rejects renewed Mexichem offer / EUR 9 per share still too low

09.12.2011 PLASTIC PACKAGING  Study by Austrian consultancy highlights environmental and economic superiority over alternative materials / Executive summary now available for download

09.12.2011 SINOPEC  Discussions continue with SK Group on Wuhan ethylene project

09.12.2011 TESSENDERLO  EUR 3.5m PVC recycling facility starts up in UK

09.12.2011 CLARIANT  Third upgrade stage for non-halogenated flame retardants at Knapsack / Tripling of capacity

08.12.2011 SUMITOMO BAKELITE  Raising phenolic resin output in Belgium / Pilot plant for chemical recycling

08.12.2011 GERMAN PLASTICS MACHINERY  Manufacturers' association lifts 2011 forecast again / Economy expected to cool again in 2012

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

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