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Middle East Conflict
Latest news and market reports on the impact on the plastics industry.
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Markets
IRAN
Deputy oil minister says EU petrochemicals embargo has had no effect / Analysts see significant cave-in
 		10.08.2012
BIOPLASTICS
New PLA study predicts global market volume of 800,000 t/y by 2020 / Capacities currently spread across 30 different sites / German nova-Institut poll
 		10.08.2012
BEYOND PLASTICS
German aluminium association reports production decline in H1 2012 / Positive outlook / Stability expected for H2
 		10.08.2012
PETROCHEMICAL MARKETS
NPC: Deadly explosion rocks Iran's Bandar Imam Khomeini petrochemical complex
 		07.08.2012
SRI LANKA
Government grant to support local plastics industry / Sector dominated by SMEs / Plastics consumption expected to rise by 10-12% per year
 		07.08.2012
PETROCHEMICAL MARKETS
Equate temporarily shuts down MEG line following a fire
 		07.08.2012
PETROCHEMICAL MARKETS
Styrolution declares force majeure for styrene from North America
 		02.08.2012
RIGID PACKAGING
Global demand to rise 6.4% annually up to 2016 / Plastics continue to account for largest market share / China will see greatest growth / Freedonia study
 		02.08.2012
TAIWAN
USD 3.3 bn state grant to revamp petrochemical sector
 		30.07.2012
FIBC
Imports to EU at 3-year high in 2011 / Latest EFIBCA data
 		30.07.2012
SOUTH AFRICA
1.4 bn PET bottles recycled in 2011 / Most regrind activity in Gauteng province / Local bottle-to-fibre market saturated
 		27.07.2012
BIOPLASTICS
Renewable route to butadiene / Versalis, Novamont and Genomatica cooperate
 		26.07.2012
PETROCHEMICAL MARKETS
Asian ethylene spot markets firming / Japan's Keiyo Ethylene forced to idle cracker
 		25.07.2012
PLASTIC CARRIER BAGS
EU ends anti-dumping measures against China and Thailand / Cites lack of cooperation from European manufacturers
 		25.07.2012
SPAIN
Plastics industry rises output by 1.9% in 2011 / Increase in exports offsets fall in domestic demand / Packaging remains largest market by far
 		24.07.2012
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