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Companies Polymer Materials Polymers

RHODIA R&D centre opens in Shanghai / Engineering plastics a focus	08.12.2008
DOW Joint venture with Kuwait is finalised / K-Dow to start up in January / PET and EG business included	04.12.2008
ARKEMA Restructuring of vinyls chain continuing / Two French sites targeted / Nearly 170 jobs on the line	03.12.2008
EVONIK New PMMA moulding compounds plant starts in China / First unit of EUR 250m methacrylates complex	03.12.2008
SABIC Plans for Saudi elastomers jv with ExxonMobil progressing / More economic feasibility studies	02.12.2008
POLIMERI EUROPA Entire petrochemicals complex in Sardinia to go offline for two months / Cracker, HDPE, chlorine chain and aromatics affected / Phenol chain down for all of 2009	01.12.2008
SOLUTIA Restructuring of PA 6.6 business stepped up to aid sale plans / Capacity and job cuts / Decline in demand	01.12.2008
ROMPETROL Polyethylene production reduced by 55% for two months / Nearly a quarter of the workforce to be temporarily laid off	28.11.2008
EVONIK PMI rigid foam plant comes on stream in US	28.11.2008
DOW Renegotiation of polyolefins jv with Kuwait? / Financial crisis pressures Dow share price	27.11.2008
ARKEMA Production cutbacks for PA, PMMA and PVC	26.11.2008
BAYER MATERIALSCIENCE Idling of up to 25% of PC capacity	24.11.2008
LYONDELLBASELL Demand crisis forces wide-sweeping cost control measures / Plant closures and job cuts / Liquidity tight through Q1 2009	24.11.2008
ARKEMA Operating profits up 5.5% in third quarter 2008	24.11.2008
LA SEDA Financing obtained for Portuguese PTA plant / Interquisa acquisition finally falls through	21.11.2008
BASF “Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”	20.11.2008
INEOS Waiver of debt covenants sought as demand crashes / Debts four times EBITA / Crotty “battening down the hatches”	20.11.2008
ARKEMA PVC technology agreement with Aker Solutions	20.11.2008
PETROCHEMICAL MARKETS Bayer MaterialScience: Force majeure for PU components in North America lifted	19.11.2008
BOREALIS “Lupotech T” specified for 350,000 t/y LDPE plant	19.11.2008
OLTCHIM Scaling back production to 40% of capacity / Sourcing of C2 and C3 from Arpechim halted / Job cuts	18.11.2008
BAYER MATERIALSCIENCE PU systems house opens in Guangzhou	18.11.2008
INEOS European olefins and polymers units to combine	17.11.2008
LUCITE INTERNATIONAL Mitsubishi acquires UK producer for USD 1.6 bn	17.11.2008
LANXESS Earnings forecast for 2008 revised upward / Successful price hikes in Q3 / Provisions for falling demand	17.11.2008

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