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Markets

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

29.11.2011 BRASKEM  New agreement signed with Petroperu to build PE complex in Peru

29.11.2011 BOREALIS  Random PP copolymer for thin walled food packaging

29.11.2011 ANTOLIN  Spanish automotive supplier buys LED specialist CML / Developing new Lighting division

28.11.2011 TURKEY  Plastics industry continues to boom / Processing sector expected to grow by 15% in 2011 / Extremely dependent on raw material imports / Saudi Arabia by far most important plastics supplier / Industry association Pagev reports

28.11.2011 WAVIN  Follow-up: Mexichem takeover offer reportedly too low

28.11.2011 RODENBURG  Acquisition of fellow Dutch bioplastics producer Optimum / Serving both the converter and compounder markets

25.11.2011 PLASTICS AND ENVIRONMENT  Global plastics groups sign Declaration for Solutions on Marine Litter / More than 100 projects to be carried out in 32 countries / Belgium starts retrieving floating waste

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