LA SEDA

Spanish PET producer declares voluntary insolvency / Plans for debt restructuring fail / Business continues

EVENTS

“14th Greater Europe PET” conference

LA SEDA

Losses increase in PET production / Feedstock volatility plus poor demand put pressure on margins

ARTENIUS

Fast reheat PET resin can save up to 20% of energy usage in production

ARTENIUS

New PET packaging contains up to 50% recycled content / Matches virgin PET

POLYMER PRICES

PET March 2011: Notations soar to dizzying all-time high / Producers improve margins / April cost situation still unclear / Hints of substitution suggest that the market may have found its price limit

BP

Force majeure for PTA from Geel / Belgium lifted

POLYMER PRICES

PET February 2011: Notations see triple-digit increase / Pressure from fibres boom continues to hold imports at bay / Supply tight / Strong demand for off-season / Further rises appear in store for March

NOVAPET

PTA shortage forces PET manufacturer to slash capacity / No force majeure

PETROCHEMICAL MARKETS

La Seda PET subsidiary Artenius declares force majeure for all facilities / BP encounters technical problems in Geel

SPAIN / PORTUGAL

Plastics consumption recovering slowly after the crisis / Injection moulders face pressure to consolidate / AMI report