ITALY
Plastics demand declines by 9% year-on-year / Consumption down to 1997 levels / Plastics packaging production falls to 3.3m t / Exports of plastic waste have almost dried up
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POLYMER PRICES
Standard Thermoplastics Trend March 2013: Falling costs upstream dash producers' hopes of triple-digit hikes / Polyolefins rise less than costs / Higher input prices added to PVC, PS and EPS / Supply in line with demand
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POLYMER PRICES
Polyurethane feedstocks in March 2013: MDI and TDI sideways / Olefins pull polyols up / Prompt supply despite maintenance / Weather pressures demand / Building season and new quarter could drive
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POLYMER PRICES
Standard Recyclate March 2013: Strong rollover in shadow of rising virgin prices / Slight upwind for rPE and rHIPS / rPP sideways / Input costs higher / Season starts will boost demand
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TDI
Duties on EU imports to China confirmed for five years
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POLYURETHANE FOAMS
Spanish cartel investigation ends with fine extending to millions of euros / Recticel as key witness
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POLYMER PRICES
Engineering Recyclate March 2013: Primary market price hikes drive triple-digit increases for rPA and rPC / rABS, rPOM and rPP remain stable / Brisk ordering / Rises in base polymer costs will continue in Q2 / Further price hikes in April
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INEOS
Downturn in European olefins and polyolefins business hits 2012 operating profit / Cheaper feedstocks benefit US
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SIBUR
Uniform system of PP grading codes to be introduced by joint venture with Moscow Oil Refinery / Trading subsidiaries established in Turkey and Ukraine
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NOVA CHEMICALS
Lower margins lead to fall in operating profit / Record cash generation enables debt reduction of over USD 1 bn
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LA SEDA
PET production suffers high losses / Renewed financial restructuring / Simpe majority divested
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ELIX POLYMERS
Radka to distribute ABS portfolio in central/eastern Europe
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DOW
Arbitration court orders Kuwait group to pay final damages of USD 2.48 bn / Breach of contract suit over failed joint venture
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KEM ONE
Locked in PVC squabble, Klesch demands high compensation from Arkema / Swiss feel cheated / French group categorically dismisses all accusations
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POLIOM
PP plant in Omsk starts operations / C3 supply through propane fractioning
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POLYMER-CHEMIE
Polyblend raises compounding capacity in Bad Sobernheim / Site to produce biodegradable compounds in future, too
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MITSUI CHEMICALS
Raising PP compound output in the US to meet rising automotive demand
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BASF
Two joint ventures with Markor for butanediol and PolyTHF in China / Support for local customers
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CLARIANT
Ground-breaking for new colour concentrates plant in Poland / Strengthening position in eastern Europe
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POLYMER PRICES
China Standard Thermoplastics February/March 2013: Production slowly returns to normal following New Year holidays / Feedstock and polymer notations weak / Widely expected post-holiday run fails to materialise / Highly dependent on styrene imports
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POLYMER PRICES
Russia February 2013: All grades aside from HDPE and PP post slight gains / GPPS sees largest increase / Processing season slowly gets underway / March could see additional hikes
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POLYMER PRICES
North America February 2013: PE moving sideways / PP contracts continue to rise despite spot market turnaround / PVC pointing upwards / PS receding again / Engineering thermoplastics mostly subdued despite cost pressure
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POLYETHYLENE
North America: Sasol building swing line / ExxonMobil plans to raise exports / New player eyeing facility in the Appalachians
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BRAZIL
Plastics raw material imports fall 21% in 2012 / Strong declines in imports of PET and PVC / Abiplast report
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BOLIVIA
State-owned EBIH studies PVC and PP projects / Part of government plans to industrialise natural gas
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