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Markets
Polymers
General
HUNGARY
Recession tightens its grip / Polymer production expected to contract by 30% this year / Return to 2008 level unlikely before 2011 / Significantly slower growth in volume of plastics processed
19.06.2009
AZERBAIJAN
Chemicals industry on the brink of bankruptcy / Plastics sector is also hit by the crisis
09.06.2009
PLASTICS PRODUCTION
European output down 30% in January-February / Chemical producers' confidence improves says Cefic
27.05.2009
CHINA
Plastics once more in demand / Plastics processing witnesses upward trend / Rising prices for raw materials / Government launches programme to spur consumption
22.05.2009
BASF
Subsidiary established in Vietnam
12.05.2009
GERMAN PLASTICS PRODUCERS
Business stabilises at low level after late 2008 crash / Sales and production lose ground against 2007
08.05.2009
ITALY
Polymer consumption slips to 7.1m t in 2008 / Output still declining / Optimism at Milan exhibitions / Upswing in summer may be on the cards / Core machinery manufacture in a dismal state
23.04.2009
BASF
Short-time working likely for up to 3,000 employees at Ludwigshafen / Low capacity use
16.04.2009
MITSUBISHI CHEMICAL / SINOPEC
Wider strategic partnership follows PP and PC joint ventures / China seeks high quality polymer base
16.04.2009
DOW
Delayed takeover of Rohm & Haas sealed / Closing on 1 April 2009 / Price unchanged, but deal restructured
10.03.2009
CHINA
Support plan for petchems industry / Change to high-grade plastic products
10.03.2009
BAYER
Profits of MaterialScience plunge 85% in Q4 2008 / PC capacity use down by half, with six plants mothballed / No short term recovery expected
04.03.2009
VIETNAM
Plastics production in its infancy / Five major petchems complexes under construction or planned / Many small plastics converters / High energy and material consumption due to outdated machinery
17.02.2009
DOW
Delaware court sets 9 March trial date in takeover dispute / Moody's urges formal delay agreement
30.01.2009
PETROCHEMICAL MARKETS
Economic horizon lightens in Asia / Signs of feedstock prices bottoming out / Expensive coal leads China to rethink some projects / Will economic stimulus packages create supply bottlenecks?
30.01.2009
DOW
Rohm & Haas seeks USD 15 bn for breach of contract / Kuwait deal collapse cited for takeover delay
28.01.2009
DOW
US regulatory authority approves Rohm & Haas takeover plan / Two-day closing ruled out
27.01.2009
DOW
Kuwaiti joint venture collapses / Declining oil revenues and credit crunch / Rohm and Haas shaky?
05.01.2009
PETROCHEMICAL MARKETS
Porto Marghera shut down completely until January / First time in the history of the Italian complex
19.12.2008
EUROPEAN CHEMICAL INDUSTRY
Cefic forecasts decline in output of 0.6% in 2008
28.11.2008
CHINA
Rise of 27% rise in value of plastics production in 2007 / Pipes and profiles segments on the brink of consolidation / More stringent safety regulations for the chemical industry
21.11.2008
ROSNEFT
Petrochemicals complex to be built near Vladivostok
12.11.2008
INDIA PETROCHEMICALS
GAIL / IOCL collaborate on new cracker complex
11.11.2008
SABIC INNOVATIVE PLASTICS
Production of engineering thermoplastics reduced by 20%
06.11.2008
BAYER
Poor performance at BMS depresses group results in Q 3 2008 / Full-year guidance unchanged / Auto crisis begins to be felt
31.10.2008
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