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Regions and Countries

16.02.2009 PETROBRAS  Rio de Janeiro petrochemicals project progressed

13.02.2009 ITALY  New round of talks on Ineos Vinyls Italia / Insolvency petition not yet filed / Minister Scajola intervenes

13.02.2009 DOW  LDPE line in Texas to be shut down

13.02.2009 HUNTSMAN  Work on European MDI plant stopped for now

13.02.2009 CADENCE INNOVATION  Magna subsidiary Decoma acquires all four European plants / US company close to being liquidated?

12.02.2009 LYONDELLBASELL  LDPE plants in UK and France “temporarily” idled

12.02.2009 BENTELER-SGL  Acquisition of Fischer Composites / Austrian plant to be extended / Fischer remains true to skis

12.02.2009 YANTAI WANHUA  Safic-Alcan appointed to distribute MDI products

11.02.2009 ITALY  Collapse of PVC sector imminent? / Chain reaction threatens chemicals sector after deal between Ineos and Sartor falters

11.02.2009 BOROUGE  “Borouge 2” to start up on time / Contract with Spanish engineering group is renegotiated

11.02.2009 PETROCHEMICAL MARKETS  Dubai exchange again delays plastics futures launch

10.02.2009 PLASTICS PROCESSING IN POLAND  Central European country leads market growth / Consumption levels pass Scandinavia / More than 2.3m t of thermoplastics processed / New AMI report spotlights over 1,000 companies

09.02.2009 INVISTA  PET plant in Germany to close at the end of March / Severance package for employees / “No other option”

09.02.2009 GERMAN PLASTICS INDUSTRY  Recession casts its shadow as economy tanks / Readership survey mirrors deterioration of business in H2 2008 and a subdued outlook for 2009 / Consumers of semi-finished products provide slight ray of hope

09.02.2009 OCTAL  Integrated PET resin and sheet facility started up

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