Company news, polymer materials

CHEMSON POLYMER-ADDITIVE Plant closures in Düren and Schmidtheim / Capacity to be relocated to other sites	25.11.2008
BAYER MATERIALSCIENCE Idling of up to 25% of PC capacity	24.11.2008
LYONDELLBASELL Demand crisis forces wide-sweeping cost control measures / Plant closures and job cuts / Liquidity tight through Q1 2009	24.11.2008
BASF “Definitive final result” shows Ciba stake at almost 95%	24.11.2008
ARKEMA Operating profits up 5.5% in third quarter 2008	24.11.2008
LA SEDA Financing obtained for Portuguese PTA plant / Interquisa acquisition finally falls through	21.11.2008
BASF “Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”	20.11.2008
INEOS Waiver of debt covenants sought as demand crashes / Debts four times EBITA / Crotty “battening down the hatches”	20.11.2008
ALBIS PLASTIC New distributor for BASF polymers in Benelux and France	20.11.2008
PETROCHEMICAL MARKETS Bayer MaterialScience: Force majeure for PU components in North America lifted	19.11.2008
BASF Ciba stake of 94.6% nailed down / Final result this week	19.11.2008
BOREALIS “Lupotech T” specified for 350,000 t/y LDPE plant	19.11.2008
OLTCHIM Scaling back production to 40% of capacity / Sourcing of C2 and C3 from Arpechim halted / Job cuts	18.11.2008
BAYER MATERIALSCIENCE PU systems house opens in Guangzhou	18.11.2008
INEOS European olefins and polymers units to combine	17.11.2008

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