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Markets

12.07.2010 PANASONIC / TEIJIN  New heat-resistant biomass compound based on PLA / “Significantly reduced” cycle time

09.07.2010 US INSULATION MARKET  Foamed plastic demand set to rise 5.3% annually to USD 4.4 bn in 2014 / Resurgent house building sector in US to drive growth / Freedonia report

09.07.2010 EPS RECYCLING  EPS recycling in the UK equivalent to 33% of domestic production / Growth hampered by lack of governmental support

09.07.2010 PLASTIROLL  Capacity for biologically degradable films doubled

08.07.2010 ISRAEL  Plastics industry slowly regaining strength after recession / Processing industry highly dependent on polymer imports / Europe an important trading partner / Focus on innovation and interest in cooperation

08.07.2010 POLYMER BLENDS MARKET  Electronics applications will boost demand in Europe / Sales to reach EUR 453m in 2016 / Frost & Sullivan report

08.07.2010 FAURECIA  Takeover of Plastal Spain / Negotiations for French plant apparently still ongoing / Joint venture with Chinese seat manufacturer Xuyang

07.07.2010 ITALY  Plastics consumption stands at about 6m t / Heavily dependent on polymer imports / Output down 14% / Core machinery losing ground internationally / Exports down 25%

07.07.2010 PLASTICS PACKAGING MARKET  German packaging association recommends precautionary actions to ensure feedstock supply / Asserts that many declarations of forces majeures do not meet legal definition

06.07.2010 PETROCHEMICAL MARKETS  Ineos declares force majeure for certain LDPE grades from Cologne

06.07.2010 INDORAMA  Takeover of Equipolymers' PET line in Ottana complete

06.07.2010 LANXESS  “Mesamoll” plasticiser capacity in Uerdingen to be expanded due to increasing demand

05.07.2010 BOREALIS  Feedstock supply for Porvoo plant secured / FM for phenol lifted

05.07.2010 BASF  Ciba plans for Middle East additives jv with Astra dropped / Tolling pact to continue “New options”

01.07.2010 REICHHOLD  Second manufacturing and distribution agreement in Turkey

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