PETROCHEMICAL MARKETS

Borealis lifts FM for polyolefins from Schwechat and Kallo

OMV

Butadiene expansion in Austria brought on stream

CLARIANT

Long-term ethylene supply contract with OMV for Gendorf / Surplus from Burghausen cracker

PETROCHEMICAL MARKETS

South German ethylene pipeline dedicated in Munich

OMV

Austrian giant invests EUR 230m in butadiene production / Targets Burghausen refinery / Upgrades Schwechat plant

PETROCHEMICAL MARKETS

South German ethylene pipeline in trial / All disputes settled / 240,000 t/y of C2 in first phase

IPIC

European Commission approves Cepsa acquisition

POLYMER PRICES

Standard Thermoplastics in May 2011: Oil price slide reveals market limits / Polyolefin margins crumble / Producers left sitting on costs / Converters' resistance shifts the balance / Price pressure remains

CEPSA

Abu Dhabi's IPIC eyes complete takeover of Spanish petrochemical holding

BOREALIS

Earnings rebound strongly in second quarter / Polyolefin margins improve on lower feedstock

POLYMER PRICES

Standard Thermoplastics Trend April 2010: Prices still spiralling higher / LDPE and PP tightness bites / PP and styrenics see triple-digit rise / Lively seasonal demand coincides with supply shortfall