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Markets Polymers General

PLASTICS PRODUCTION
German producers report a "good year" in 2007 / Volumes up 3%, sales 7% / High feedstocks affect margins negatively / 2008 will be challenging
21.05.2008
SIBUR
Managers seek to acquire petrochemicals producer from Gazprom
08.05.2008
UNITED KINGDOM
Primary plastics and products will show moderate growth up to 2012 / Tubes and pipes sector strong / MBD report
02.01.2008
DOW
Plans for global olefins and polyolefins jv with Kuwait / First major project in “asset light" strategy
17.12.2007
BAYER MATERIALSCIENCE
1,500 jobs to go in EUR 300m cost-saving plan up to 2009 / No compulsory redundancies
08.11.2007
PETROCHEMICAL MARKETS
Battle for predominance in central-eastern European oil, energy and petrochemicals / Was Russian grab for PKN Orlen triggered by OMV offer for MOL? / Poland and Lithuania uneasy
05.11.2007
PETKIM
Feeling of mistrust towards Armenian investors / Losing Turkish consortium likely to do the deal
26.10.2007
BAYER
Plans to de-list from New York stock exchange / Other European firms have already fled
07.09.2007
ITALY
Dire need to upgrade plastics production / High-tech needed to bolster falling margins / Packaging will play key role in upturn / Automotive and building industries provide new growth stimulus
04.09.2007
IRAN
Chemical segment aims for more processing depth / Sanctions and financing problems inhibit development
13.08.2007
HUNTSMAN
“Definitive agreement” on USD 10.6 bn takeover by Hexion / Basell declines to raise the stakes
13.07.2007
SABIC
US regulatory authority approves GE Plastics acquisition / EU vote due in early August
13.07.2007
HUNTSMAN
Bidding war beginning? / Apollo ups its offer / High level of debt
11.07.2007
PETKIM
Kazakh-Russian group wins race for majority of Turkish petrochemical producer / Deal questioned by trade unions
11.07.2007
BASF
Concentration on higher-end plastics / Growth rates above the market / Polycarbonate of interest
10.07.2007
HUNTSMAN
Hexion owner outbids Basell owner for US chemical group / Private equity funds in bidding war?
06.07.2007
BASELL
Takeover of Huntsman for USD 9.6 bn / Blavatnik lands a coup after all / Lyondell option evidently abandoned
28.06.2007
CHINA
Chinaplas and NPE trade fairs on an equal footing for the first time / Chinese are eager for international technology / Lack of skilled labour / Decline in imports of standard thermoplastics
18.06.2007
PETKIM
Ineos and Basell place bids for 51% stake
25.05.2007
DOW
JV with Saudi Aramco to build world-scale petrochemicals complex at Ras Tanura site
18.05.2007
GERMAN PLASTICS PRODUCERS
Optimistic about 2007 outlook / Production hits new record in 2006 / Sales continue upward / German business recovers
16.05.2007
PETKIM
Turkish trade unions may bid for state-owned stake / Attempt to delay privatisation
26.04.2007
PETKIM
Fresh attempt to privatise Turkish petrochemical producer / Market share continues to decline
03.04.2007
SABIC
Planned petchems plant may be shifted from China / Delays by Beijing authorities blamed
09.03.2007
TICONA
Nanjing chosen as site of new Chinese UHMW-PE plant
20.02.2007
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