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Polymer Materials

29.11.2011 BRASKEM  New agreement signed with Petroperu to build PE complex in Peru

28.11.2011 TURKEY  Plastics industry continues to boom / Processing sector expected to grow by 15% in 2011 / Extremely dependent on raw material imports / Saudi Arabia by far most important plastics supplier / Industry association Pagev reports

28.11.2011 RODENBURG  Acquisition of fellow Dutch bioplastics producer Optimum / Serving both the converter and compounder markets

24.11.2011 PERSTORP  Isocyanate jv planned with Thai PTT Global Chemical / PTT to invest EUR 115m for a 51% stake

24.11.2011 AHLSTROM  Closure of US glass fibre reinforcement plant / Weakening demand from wind energy sector / Company cost cutting programme could affect 400 jobs

23.11.2011 CRISTAL GLOBAL  Leak takes out Stallingborough titanium dioxide plant

23.11.2011 DANONE  Follow-up: End to legal dispute over advertisement of PLA yogurt tub / Compromise reached with German environmental group

23.11.2011 ARKEMA  Acquisition of Chinese specialty polyamide manufacturer HiPro from Rhodia / Deal also comprises feedstock producer Casda Biomaterials

22.11.2011 INDORAMA  Intermediate growth targets reached / Clear market leadership in PET / As cotton hype ends, margins return to long-time average

22.11.2011 BAYER MATERIALSCIENCE  Raising PC compounding activities in Italy / Plans for additional investments in Europe

21.11.2011 CRISTAL GLOBAL  Titanium dioxide slag plant planned in Saudi Arabia / Agreement signed with Outotec

17.11.2011 TOSOH  Japanese group shuts VCM units / Over a third of country's capacity affected / One worker killed

16.11.2011 EVONIK  Expansion of PMMA plant in Shanghai to go on stream as planned

16.11.2011 TOTAL PETROCHEMICALS  Shutdown of 90,000 t/y Louisiana PS plant / “No longer viable” due to depressed US market

15.11.2011 A. SCHULMAN  Mitsubishi to take over Sunprene joint venture

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