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Companies
Polymers
General
PEOPLE
Merszei replaces Wildi as Dow Europe CEO
11.11.2009
BASF
Group EBIT down 20% in Q3 / Plastics fare better thanks to cost-cutting / Crawling out of the trough
30.10.2009
DOW
Net income up 80%, sales down slightly in Q3 / Liveris says economic outlook is “stabilising”
28.10.2009
SABIC
Third quarter 2009 profits fall 50% year-on-year / Operating levels and sales of product maintained
22.10.2009
PETROCHEMICAL MARKETS
Total: Ethylene ignites in Gonfreville / LDPE plant at a standstill / Group launches inspection of 13 sites in France
30.09.2009
PEOPLE
Dow sends Markus Wildi from Europe to Kuwait
24.09.2009
MITSUBISHI RAYON
Possible takeover by Mitsubishi Chemical / Keeping pace with the rest of the world / New structure for PMMA
17.08.2009
DOW
Weak demand, Rohm & Haas and restructuring lead to net loss in Q2 / Spin-off of styrenics and polycarbonate
04.08.2009
BASF
Plastics EBIT halved in Q2 / Ludwigshafen cracker restart not in sight / “Committed” to China MDI
31.07.2009
SABIC
Price declines lead to 94% fall in first half 2009 net income / Profit turnaround in second quarter
29.07.2009
INEOS
Agreement reached on EUR 7.5m debt financing / Terms agreed by 230 strong banking consortium
20.07.2009
TECHNIP
French contractor tapped for two Saudi projects
17.07.2009
SABIC
Two polyolefin plants on stream this year / PC to follow at the end of 2010 / ABS in Al-Jubail
02.07.2009
INEOS
Creditors likely to extend covenant waiver / Two-thirds must approve debt restructuring / CFO hints at sell-offs
26.05.2009
ALBIS PLASTIC
Extension of pact with BayerMaterialScience and Lanxess / Distribution in Spain and Portugal
13.05.2009
BASF
Subsidiary established in Vietnam
12.05.2009
BASF
EBIT sinks 58% in Q1 2009 / Hambrecht sees no improvement this year / More capacity and job cuts
04.05.2009
SABIC
First net loss for five years reported for Q1 2009 / Operating levels maintained / Demand fall hits SIP
27.04.2009
NOVA CHEMICALS
Shareholders approve acquisition by IPIC
21.04.2009
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
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
BASF
Production, spending and headcount will shrink to fit markets / First quarterly loss since 2001 / Setbacks for plastics
27.02.2009
DOW CHEMICAL
Fourth quarter loss hits 2008 result / Volumes down by 5% / Plastics segments see plummeting sales and profits / Figures “very disappointing”
05.02.2009
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