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Markets Regions and Countries Asia

BASF New PU production site in India / Favourable location for supplying customers in the north and northwest / Total investment of EUR 150m	16.04.2012
JAPAN Output and volume sales decline in 2011 / Both standard and engineering thermoplastics hit	11.04.2012
CHINA Plastics scrap imports up 5% in 2011 / Rise of 21% in value terms over 2010 / PET scrap sees largest price gains	29.03.2012
KOREA ENGINEERING PLASTICS Mitsubishi and Celanese joint venture raises POM output / New capacity to come on stream in early 2014	28.03.2012
POLYMER PRICES China February/March 2012: Hardly any demand growth as work resumes post-Chinese New Year / Exports slow / Business expected to pick up again as agricultural season starts / Oil price could push notations up	20.03.2012
CHINA PETROCHEMICAL DEVELOPMENT CORP Plans to relocate ACN production to mainland China / Response to government resolution to encourage more environmentally friendly production	16.03.2012
CHINA Dawn of the “Great Ethylene Era” / Five Year Plan calls for massive increase in domestic C2 capacities / Pinpointed regional investments / Foreign players race to form joint ventures	14.03.2012
DSM ENGINEERING PLASTICS Global headquarters have moved to Singapore / Relocation to be completed this year / Asian market expected to dominate sales	16.02.2012
POLYMER PRICES China January/February 2012: Lunar New Year puts polymer trade to a standstill / Business slow as facilities are restarted / Price hikes average 3-5% / Most standard thermoplastics see slight rises	15.02.2012
HONAM PETROCHEMICAL Plans for new petrochemical hub in Indonesia / Cracker and downstream units could start up in 2016	14.02.2012
PHILIPPINES Plastics industry largely focused on local market / Chinese processing machinery dominates / More than half of local plastics demand met by imports / First cracker scheduled to come on stream in 2013	01.02.2012
CHINA New EUR 9.6 bn refinery complex deal inked in Qatar / No start-up date / Around 1.2m t/y of ethylene	31.01.2012
LOTTE Asian Development Bank supports Honam Petrochemical's polyolefin project in Uzbekistan / Start-up scheduled for 2015	30.01.2012
POLYMER PRICES China January 2012: 34m t of standard thermoplastics produced in 2011 / Imports exceed 23m t / Three leading trade centres determine polymer pricing / First in a new series of special reports	17.01.2012
BASF / SINOPEC Second Nanjing expansion phase completed / USD 1.4 bn project / New acrylic acid plant	12.01.2012
CHINA Dalian city officials reportedly retract promise to relocate Fujia Dahua's PX plant / Citizens threaten renewed protest action	05.01.2012
CARDIA BIOPLASTICS Trial supply of bioplastic kitchen bags to select Nanjing residents / Meeting China's bioplastic goals / Plans to apply model to other Chinese cities	21.12.2011
FEEDSTOCK MARKETS Shell test drills confirm shale gas reserves in China's Sichuan basin / Sinopec chairman says country's shale gas reserves surpass those of US	14.12.2011
CHINA Formosa Plastics CEO worried about economic downturn	05.12.2011
CHINA State initiatives to promote use of biodegradable plastics, strengthen biotech sector / Starch-based materials account for 60% of bioplastics output / Efforts to separate organic waste could spur local consumption	02.12.2011
CHINA Demand for engineering plastics expected to grow by 10% per year / PC leads the way / Government efforts to strengthen local production / Creation of special engineering plastics hubs?	11.11.2011
FAIRS Attendance plummets at "IPF Japan" in Tokyo / Multiple issues blamed / Many Japanese activities in Thailand	10.11.2011
FLEXIBLE PACKAGING Indian demand to grow by 15% per year to 2015 / Economic growth and rise in food processing will drive growth / PCI Films report	31.10.2011
BASF Expanded Nanjing cracker on stream / JV with Sinopec mulls new projects worth EUR 1bn	12.10.2011
CHINA Officials reportedly mull creation of plastics recycling park in Xingtan, Guangdong province / Latest attempt to regulate mushrooming plastics recycling industry	22.09.2011

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