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Polymer Materials

18.03.2009 DSM  Compounding plant opened in India

17.03.2009 SOLVIN  “Diofan” PVDC latex production line opened in France

17.03.2009 LYONDELLBASELL  Commitment to KPI complex confirmed

16.03.2009 INDORAMA  New PET plant to come on stream soon in the USA / Benefiting from market consolidation

13.03.2009 TOTAL  Petrochemicals France streamlining to cost 306 jobs / Plants at Carling and Gonfreville to close

13.03.2009 QAPCO  Sumitomo Asia to buy ethylene from Qatar

12.03.2009 CHINA NATIONAL SALT  Construction of PVC complex in Shanxi province begins

11.03.2009 BAYER MATERIALSCIENCE  German MDI plant at Brunsbüttel shuttered until further notice / Customers supplied from Uerdingen

10.03.2009 DOW  Delayed takeover of Rohm & Haas sealed / Closing on 1 April 2009 / Price unchanged, but deal restructured

10.03.2009 CHINA  Support plan for petchems industry / Change to high-grade plastic products

06.03.2009 NIZHNEKAMSKNEFTEKHIM  Start-up of PE production / Total polymer capacity now 600,000 t/y / Industrial park

04.03.2009 BAYER  Profits of MaterialScience plunge 85% in Q4 2008 / PC capacity use down by half, with six plants mothballed / No short term recovery expected

26.02.2009 EVONIK  Expanding capacity for high-performance polyamides in Witten

25.02.2009 NOVA CHEMICALS  Abu Dhabi state investment firm IPIC in USD 2.3 bn friendly takeover bid / Deal includes credit backstop

20.02.2009 SASOL-HUNTSMAN  Financing for maleic anhydride expansion secured

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