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Companies Polymers General

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
DOW Delaware court sets 9 March trial date in takeover dispute / Moody's urges formal delay agreement	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
DOW Permanent workforce to be cut by 11% / Plans to close 20 plants and idle 180 / “Non-strategic” businesses will be divested	11.12.2008
BASF “Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”	20.11.2008

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