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Markets

11.11.2008 AMCOR FLEXIBLES  “No more extrusion facilities to be closed”

11.11.2008 INDIA PETROCHEMICALS  GAIL / IOCL collaborate on new cracker complex

11.11.2008 EVONIK  Russian “Plexiglas” sheet jv to triple capacity

10.11.2008 INEOS VINYLS  Sartor gains minority stake in Italian PVC subsidiary / "Continuity of the site is guaranteed" / No agreement on chlorine modernisation

10.11.2008 PETROCHEMICAL MARKETS  Shell shutters Moerdijk cracker, citing technical problems

07.11.2008 ACE  European cooperation with Avenue Mould

07.11.2008 COMMODITIES TRADING  Plastics futures market opens in US

06.11.2008 SABIC INNOVATIVE PLASTICS  Production of engineering thermoplastics reduced by 20%

06.11.2008 PETROCHEMICAL MARKETS  Equistar idles Texas olefins unit as market declines

05.11.2008 SIRCI  Italian pipe manufacturer to acquire Gresintex / Consolidating force in heavily fragmented market

04.11.2008 CHINA  Lower export duty on plastic products

03.11.2008 AUTOMOTIVE INDUSTRY  Recovery not expected before 2010 / Both OEMs and suppliers are feeling the heat

03.11.2008 RANGER  French injection moulding company files for protection from creditors

31.10.2008 AUTOMOTIVE INDUSTRY  Financial crisis exacerbates car makers' slump / Suppliers adopting a wait-and-see attitude / Impact could be most severe for SMEs / First victims are being identified / Eastern Europe unlikely to be OEMs' white knight

31.10.2008 AMCOR  Second restructuring phase begins in flexibles division / Two thirds of European film extrusion plants to close

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