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Markets
Polymer Materials
SOLVIN
“Diofan” PVDC latex production line opened in France
17.03.2009
LYONDELLBASELL
Commitment to KPI complex confirmed
17.03.2009
INDORAMA
New PET plant to come on stream soon in the USA / Benefiting from market consolidation
16.03.2009
TOTAL
Petrochemicals France streamlining to cost 306 jobs / Plants at Carling and Gonfreville to close
13.03.2009
QAPCO
Sumitomo Asia to buy ethylene from Qatar
13.03.2009
CHINA NATIONAL SALT
Construction of PVC complex in Shanxi province begins
12.03.2009
BAYER MATERIALSCIENCE
German MDI plant at Brunsbüttel shuttered until further notice / Customers supplied from Uerdingen
11.03.2009
DOW
Delayed takeover of Rohm & Haas sealed / Closing on 1 April 2009 / Price unchanged, but deal restructured
10.03.2009
CHINA
Support plan for petchems industry / Change to high-grade plastic products
10.03.2009
NIZHNEKAMSKNEFTEKHIM
Start-up of PE production / Total polymer capacity now 600,000 t/y / Industrial park
06.03.2009
BAYER
Profits of MaterialScience plunge 85% in Q4 2008 / PC capacity use down by half, with six plants mothballed / No short term recovery expected
04.03.2009
EVONIK
Expanding capacity for high-performance polyamides in Witten
26.02.2009
NOVA CHEMICALS
Abu Dhabi state investment firm IPIC in USD 2.3 bn friendly takeover bid / Deal includes credit backstop
25.02.2009
SASOL-HUNTSMAN
Financing for maleic anhydride expansion secured
20.02.2009
PETROCHEMICAL MARKETS
Start up of delayed Saudi Arabian petrochemicals project set for end of March / Cracker and PE units
20.02.2009
DUPONT
“Vespel” distribution switches in Germany and UK
19.02.2009
VICTREX
Business to be divided into two divisions / Signs of volume sales improvement in January
18.02.2009
INEOS VINYLS ITALIA
Minister saves PVC deal between Ineos and Safi / Last-minute reprieve for Italian petchems sector
17.02.2009
VIETNAM
Plastics production in its infancy / Five major petchems complexes under construction or planned / Many small plastics converters / High energy and material consumption due to outdated machinery
17.02.2009
ARKEMA
Acquisition of PEKK specialist Oxford Performance Materials
17.02.2009
PETROBRAS
Rio de Janeiro petrochemicals project progressed
16.02.2009
ITALY
New round of talks on Ineos Vinyls Italia / Insolvency petition not yet filed / Minister Scajola intervenes
13.02.2009
DOW
LDPE line in Texas to be shut down
13.02.2009
HUNTSMAN
Work on European MDI plant stopped for now
13.02.2009
LYONDELLBASELL
LDPE plants in UK and France “temporarily” idled
12.02.2009
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