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Middle East Conflict
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Company news, polymer materials
BASF
CEO lowers sales and earnings forecast for 2015 after weaker than expected Q3 / Declining demand from China and lower oil prices pressure / Plastics businesses perform well
 		28.10.2015
COVESTRO
Good Q3 performance in line with forecasts / EBITDA rises 44.5% year-on-year / Sales decline in PU segment
 		28.10.2015
DUPONT
Biesterfeld Plastic appointed distributor for Russia
 		28.10.2015
EMERY OLEOCHEMICALS
Green polyols plant opened in USA / World's first facility to use scrap foam / Expansion of technical centre to be ready by year-end
 		28.10.2015
BIOAMBER
Canadian bio-succinic plant now at commercial scale / Margin prospects better than expected
 		28.10.2015
KRAIBURG TPE
Thermoplastic elastomers specialist plans expansion at German headquarters
 		28.10.2015
DOW
Stake in MEGlobal sold to Equate as Kuwaiti ventures restructured / MEG plant to be built on US Gulf Coast / Options under review for agrochemicals unit / Plastics leads gains in Q3 volumes but lower prices and foreign exchange hit sales
 		27.10.2015
TEN CATE
Private equity buyout agreed with Gilde Buy Out Partners / Deal worth EUR 675m / “Compelling” offer will allow company to realise business strategy
 		27.10.2015
AZELIS
Purchase of US-based Koda Distribution Group / Greater global reach
 		27.10.2015
A. SCHULMAN
Three plants to close in USA / Production to be consolidated in Evansville / Acquisitions boost full-year and Q4 results
 		26.10.2015
LYONDELL BASELL
Lower crude oil prices bite into sales and earnings / LCM variances provide USD 181m negative impact on EBITDA / O&P – Europe, Asia, International and Intermediates and Derivatives segments provide massive boost to operating profit
 		26.10.2015
BASF
Site agreement for Ludwigshafen extended to 2020 / Job security and EUR 6 bn investment
 		26.10.2015
VELOX
Distribution deal with Pentac Polymers extended to Switzerland
 		23.10.2015
ENSINGER
New headquarters for Austrian activities / EUR 5m investment
 		23.10.2015
CHEMPOINT
Distribution agreement with Corbion expanded into Canada
 		22.10.2015
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