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In the Spotlight
SOLVAY
Agreement to acquire US composite maker Cytec / Boosts presence in aerospace sector
SOUTH KOREA
Petrochemical industry sets new records in Q2 / High margins drive earnings
Belgian chemical company Solvay has agreed to buy US composites firm Cytec Industries in a deal worth USD 5.5 bn. The merger would boost Solvay’s presence in the composites sector and... (04.08.2015)
In the second quarter of 2015, the South Korean petrochemical industry broke all previous records for this period of the year. Whether Hyosung, LG Chem, Lotte or Hanwha, all the key... (04.08.2015)
ENGINEERING PLASTICS / BLENDS
Global demand expanding by 4.5% per year / PC and PA dominate market with highest growth rates
LIFAN
Foundation stone laid for new Russian car plant / Aims to expand presence and car sales
Global demand for engineering resins and polymer alloys/blends is forecast to grow by an average of 4.5% per year to nearly 14.2m t in 2020 from 10.9bn in 2014, led by strong demand for... (03.08.2015)
Chinese car manufacturer Lifan has laid the first stone for its new production plant in Russia during an official ceremony on 16 July 2015. Lifan, which has been China’s top auto maker in... (03.08.2015)
LYONDELLBASELL
Operating profit reaches record high of USD 2.19 bn in Q2 / Favourable environment thanks to shale gas
BAYER
Earnings at MaterialScience surge on higher demand and cost relief / Sales flat
Polyolefins giant LyondellBasell Industries has continued its run of record results with the reporting of an operating profit of USD 2.19 bn, up 12.6% year-on-year, in the second quarter... (31.07.2015)
In the first half of its last year as part of the Bayer group, the polymers sub-group Bayer MaterialScience benefited from the plastics production sector’s twin trends of improved demand... (31.07.2015)
Latest News
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Price Reports and Announcements
Readers' Choice
POLAND
Plastics industry sees dynamic growth / Processing rises by 7% in 2014 / 3.1m t polymer consumption / Dependent on feedstock imports / Few petrochemical projects / Large-scale investment in packaging
22.07.2015
PETROCHEMICAL MARKETS
Polypropylene: Ducor Petrochemicals announces FM for one production line / Repair works expected to last four months
22.07.2015
GERMAN PLASTICS ECONOMY
First-half of 2015 better than expected / Polymer supply shortage burdens converters / Digital revolution “Industry 4.0” not yet a topic / Outlook for second half deteriorates / Readership survey
29.07.2015
PETROCHEMICAL MARKETS
Poland's Anwil declares FM for PVC after lightning strike / Customers on allocation / Spolana hit by ethylene shortfall at Unipetrol / Cracker up and running again
28.07.2015
LYONDELLBASELL
Operating profit reaches record high of USD 2.19 bn in Q2 / Favourable environment thanks to shale gas / Strong results across all segments / Outlook remains positive for third quarter
31.07.2015
ENGINEERING PLASTICS / BLENDS
Global demand expanding by 4.5% per year / PC and PA dominate market with highest growth rates / BCC Research study
03.08.2015
INEOS
Lid installed on Grangemouth ethane tank / Import of liquefied shale gas from US / Two more ships completed / Chairman Ratcliffe says plans for test drilling in Scotland will not breach moratorium
27.07.2015
UK PLASTICS INDUSTRY
BPF survey points to improved business confidence / Increased expectations for higher sales and investments
28.07.2015
© 2015 by Plastics Information Europe, Bad Homburg
Date of print: 04/08/2015
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