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Polymer Materials

24.04.2009 ITALIAN PETROCHEMICALS  Latest twist in the Vinyls Italia saga: Sartor threatens to declare the company insolvent / Seven-point plan to salvage Italy's chemical industry

24.04.2009 PETKIM  JV with NPC to build PE and methanol plant

23.04.2009 ITALY  Polymer consumption slips to 7.1m t in 2008 / Output still declining / Optimism at Milan exhibitions / Upswing in summer may be on the cards / Core machinery manufacture in a dismal state

22.04.2009 OLTCHIM  Finance ministry willing to part with Petrom shares in return for Arpechim / New petrochemicals group could be created / Investment of EUR 500m required up to 2012

21.04.2009 NOVA CHEMICALS  Shareholders approve acquisition by IPIC

21.04.2009 SABIC  Distribution agreement with Ashland for North America

20.04.2009 BOREALIS  Borouge 2.5m t/y expansion enters design phase

20.04.2009 BASF  Acquisition of specialities producer Ciba completed

17.04.2009 SYMPHONY ENVIRONMENTAL TECHNOLOGIES  2008 results close to break-even / Gross margin doubled / Increasing network of distributors

16.04.2009 BASF  Short-time working likely for up to 3,000 employees at Ludwigshafen / Low capacity use

16.04.2009 MITSUBISHI CHEMICAL / SINOPEC  Wider strategic partnership follows PP and PC joint ventures / China seeks high quality polymer base

16.04.2009 INSULATING MATERIALS  Global growth up to 2012 / Foam plastics stay number one / Volume up again / Freedonia study

15.04.2009 BAYER MATERIALSCIENCE  Neochimiki's PU systems house pads Greek portfolio

14.04.2009 BORSODCHEM  Sale of PVC division now definite / CEO Büchele wants to concentrate on isocyanates

08.04.2009 JAPAN POLYSTYRENE  Mitsui, Sumitomo joint venture to shut down as domestic demand falls / Osaka and Chiba plants to close

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