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Markets

24.11.2008 US AUTO INDUSTRY  Congress urged to include suppliers in plans

24.11.2008 BASF  “Definitive final result” shows Ciba stake at almost 95%

24.11.2008 TOYS  China and EU sign revised product safety agreement / Trilateral meeting in Brussels / Call for common standards

21.11.2008 CHINA  Rise of 27% rise in value of plastics production in 2007 / Pipes and profiles segments on the brink of consolidation / More stringent safety regulations for the chemical industry

21.11.2008 LA SEDA  Financing obtained for Portuguese PTA plant / Interquisa acquisition finally falls through

21.11.2008 PLASTICS AND RUBBER MACHINERY  Middle East: Considerable growth in imports / Germany by far the largest supplier

21.11.2008 ALPHACAN  Sanitary and heating pipes business divested

20.11.2008 ALBIS PLASTIC  New distributor for BASF polymers in Benelux and France

19.11.2008 PETROCHEMICAL MARKETS  Bayer MaterialScience: Force majeure for PU components in North America lifted

19.11.2008 BASF  Ciba stake of 94.6% nailed down / Final result this week

19.11.2008 BOREALIS  “Lupotech T” specified for 350,000 t/y LDPE plant

18.11.2008 AUTOMOTIVE  First German supplier insolvency averted for now / Automakers grouping criticises bank policies / Short-time working and extended leave

18.11.2008 PETROCHEMICAL MARKETS  CMAI sees flood of polyolefins on its way from the Middle East / Successful conference in Düsseldorf

18.11.2008 OLTCHIM  Scaling back production to 40% of capacity / Sourcing of C2 and C3 from Arpechim halted / Job cuts

18.11.2008 VISIOCORP  Considering strategic options / New working hours to generate savings

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