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Markets

07.04.2011 PETROCHEMICAL MARKETS  Naphtha prices take to new heights / Strong euro cushions somewhat

07.04.2011 LUCITE  Resuming MAA production in North America / Capacity due to come on stream in late 2012

07.04.2011 LANXESS  Dubai subsidiary strengthens presence in Middle East

07.04.2011 NIFCO  New car components factory in UK / Supply contract for Nissan Leaf electric car / Japanese plants did not sustain "fatal damages"

07.04.2011 ILIUM  New facility for glass fibre mats to be built in Bahrain / Price tag set at EUR 10m

06.04.2011 SONGWON  Biesterfeld Spezialchemie appointed new distributor for Spain, Serbia and Slovenia

06.04.2011 INNOVA  Petrobras acquires all shares in PS producer

05.04.2011 ASSOCIATIONS  EuPR creates group to promote mixed plastics recycling / Earmarked not only for energy recovery

04.04.2011 SOLVAY  Friendly cash offer to acquire Rhodia / Enterprise valued at EUR 6.6 bn / Deal expected to close in August

04.04.2011 JAPAN  Follow-up: More supply chains in difficulty / Speciality cable manufacturers suffer from shortage of fluoropolymers / TPE and polymerisation additives scarce / BOPET film for LCD also tighter

04.04.2011 MASTERBATCH MARKET  Procurement of basic materials becoming ever more critical says German Association / Producers in “serious difficulty” due to supply bottlenecks and strict allocations / Consequences of Japanese catastrophe incalculable

01.04.2011 TEIJIN DUPONT FILMS  Films production restarted in Ibaraki after Japan earthquake / Films operations remain suspended in Utsunomiya / DuPont's Utsunomiya polymers production also suspended

01.04.2011 PMMA  Acrylic polymer fit for the future / New applications in automotive glazing, solar power and electronics / Transparency and weatherability / Light guides for flat screen monitors represent 25% of consumption

01.04.2011 PLASTIC PACKAGING  Rising costs expected to drive up prices in Q2 / Pressure on margins / German industry survey

01.04.2011 CHEVRON PHILLIPS  New cracker and derivatives project planned in US / Study to be completed by year end

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