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Company news, polymer materials
BASF
EUR 3.8 bn takeover bid for Ciba / Offer to close on 1 October 2008 / Leader in plastics additives
15.09.2008
BAYER MATERIALSCIENCE
EUR 300m upgrade of PU feedstocks planned in Germany by 2013 / Gas phase phosgenation process
15.09.2008
DUPONT
Expansion of capacity for “Tedlar” PVF film / Doubling of output / Backsheets for solar panels
15.09.2008
ARETON
UK compounder in administration / Plant closed / Israel-based parent buys bulk of machinery
12.09.2008
EXXONMOBIL CHEMICAL
Specialty compounds agreement signed for Asia Pacific
11.09.2008
LUCITE
Two takeover bids exceeding USD 2 bn mooted for acrylics producer / Mitsubishi Rayon, Saudi group competing?
10.09.2008
TOTAL PETROCHEMICALS
PP debottlenecking in Feluy / Compounding in southern China
05.09.2008
CIBA
JV with Astra Polymers in Saudi Arabia
05.09.2008
SOLUTIA
Raw material costs slash earnings in nylon division / Voss to head this low-earning segment
04.09.2008
BOREALIS
Automotive supply agreement with MCC
04.09.2008
SOUTH ASIAN PETROCHEM
Plans for new polycarbonate plant in India / Asahi Kasei process bypasses phosgenation stage
02.09.2008
UNYLON
Polyamide producer made a substantial loss in 2007 / Only expected to move back into profit in 2009
02.09.2008
OLTCHIM
Buyer for Arpechim-Petrochemicals? / Losses in 2007 / Slight improvement in first half of 2008 / Privatisation now planned for October
01.09.2008
POLYMER-CHEMIE
Compounding activities in Bad Sobernheim to reach 200,000 t/y by 2009 / Plans for new logistics centre
29.08.2008
NIZHNEKAMSKNEFTEKHIM
Third polystyrene line taken into service / Capacity moving towards 200,000 t/y
29.08.2008
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