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Markets

21.07.2011 POLYPLASTICS  Raising POM capacity in Malaysia / Additional output to go towards meeting rising Asian demand

21.07.2011 KARL SCHMIDT  MoU with Agility establishing long-term logistics partnership / 600,000 t/y polyolefin hub in China

20.07.2011 PETROCHEMICAL MARKETS  Ube declares force majeure for caprolactam from Castellon

20.07.2011 PET RECYCLING  SPI and NAPCOR announce grant for PET thermoform recycling programmes

19.07.2011 BRASKEM  Gas supply secured for Brazil PVC expansion

19.07.2011 SIG COMBIBLOC  Brazilian packaging facility begins production / Output to double to 2 billion cartons annually within two years

19.07.2011 PLASTICS AND HEALTH  EU ban on cadmium comes into force

18.07.2011 UK PLASTICS INDUSTRY  Manufacturing growth stunted by raw material shortages and high prices / Only 29% of companies expect improved profitability in 2011, despite higher sales turnover / Latest BPF survey

18.07.2011 JOHNS MANVILLE  Capacity expansion at Slovakian glass fibre production facility

18.07.2011 SACO POLYMERS  US group acquires UK compounder AEI Compounds

18.07.2011 KRATON  Copolymer plant planned in Taiwan / Joint venture with Formosa Petrochemical

15.07.2011 PHARMACEUTICAL PACKAGING  Global market predicted to reach USD 62 bn in 2015 / North America expected to remain largest consumer / Primary pharmaceutical packaging to account for USD 39 bn of total in 2015 / Latest Freedonia report

15.07.2011 BIOPLASTICS  Malaysia's first bioplastics pilot plant opened / Cost advantages of palm oil feedstock highlighted / Joint venture for PBS bioplastic plant in Thailand

14.07.2011 PET RECYCLING  Europe collected 1.45m t of PET in 2010 / 6.5% year-on-year increase / Recycle plants only utilise 80% of current capacity

14.07.2011 CEREPLAST  Distribution agreement with Turkey's Polimernet Plastik / Capturing the local bioplastics market

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