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Polymer Materials

10.03.2014 BASF  PolyAd Services subsidiary sold to Edgewater Capital Partners / Focus on light stabilisers, antioxidants and customer specific blends

10.03.2014 SONATRACH  Algerian oil and gas giant pulls out of planned PE joint venture with Total / Launches expansion plans in Skikda

06.03.2014 POLYKEMI  Swedish compounder enlarges its foothold in the US / Omni Plast appointed contract compounder

04.03.2014 SUCCINITY  Follow-up: BASF-Purac joint venture begins commercial biobased succinic acid production

03.03.2014 UK PLASTICS INDUSTRY  Latest BPF poll finds sector optimistic about 2014 / 73% of respondents expect UK sales levels to rise / Half anticipate increase in profitability / Energy supply and recruitment of skilled staff remain problematic

03.03.2014 AMIANTIT  Saudi pipe giant invests heavily in Norwegian Flowtite Technology subsidiary / 25 global production sites for GRP pipes

28.02.2014 BASF  Production at Hungarian PU systems house to cease

28.02.2014 SHALE GAS  Legal dispute between Argentina and Spain's Repsol over YPF expropriation comes to a close / USD 5 bn agreement / Argentine shale gas now up for grabs

28.02.2014 PETROCHEMICAL FEEDSTOCKS  PP futures trading goes live in Dubai and China / Concurrent launch designed to raise liquidity for global trading / “Transparent market and new pricing benchmark”

27.02.2014 PETROCHEMICAL MARKETS  Renewed explosion at Lukoil subsidiary Stavrolen's cracker in the Caucasus / Operations halted for the time being

27.02.2014 STYROLUTION  North American SMMA plant to be shuttered with output shifting to Germany / Latest step in “Triple Shift” growth strategy aimed at ensuring global supply from at least two sites

25.02.2014 KARPATNEFTEKHIM  Ukrainian Lukoil subsidiary temporarily halts all olefin and polymer production

24.02.2014 RENNOVIA  US agricultural giant ADM invests USD 25m in biotech company / Processes for renewable-based PA

21.02.2014 HONEYWELL  UOP "Oleflex" technology license for China's Ningbo Fortune Petrochemical / 600,000 t/y C3 plant to start up in 2016

20.02.2014 SGL CARBON  US joint venture with BMW raising carbon fibre output / CFR components to be added to other car models as well

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