Azelis Polymers expanding into the Spanish market

(Azelis) -- Azelis has extended their distribution agreement with SO.F.TER. Tecnopolimeri, Italian supplier of Engineering Plastics and Thermoplastic Elastomers. Building upon our excellent partnership with SO.F.TER through existing sales in France, Benelux, Italy, Nordic and CEE, the new agreement now includes Spain.

To help support this major highlight, Adrian Blakemore was appointed as Sales Manager - Azelis Plastic Polymers for Spain in June.

The new activities in Spain centre on supply to the automotive, domestic appliance and rail sectors, with speciality materials ranging from technical reinforced polyamide, polypropylene and polyester grades fulfilling the needs of converters serving some of the most demanding industries.

MRC

(Arabian oil and gas) -- FEI Company's Natural Resources Business Unit has confirmed the successful completion of QEMSCAN WellSite field tests with Maersk Oil, in cooperation with Qatar Petroleum. The QEMSCAN WellSite solution provides automated, quantitative mineralogical, lithological and textural analysis of drill cuttings from oil and gas wells. In the field test, the system was deployed on an off-shore jack-up drilling rig near Qatar, where it was used to characterize carbonate and clastic geological sequences and reservoirs.

⌠The field tests were conducted between June and September 2011 in the challenging environment of an offshore drilling platform where the system endured large temperature variations, humidity, and vibrations on the jack-up rig, yet the QEMSCAN WellSite system was reliable, said Lewis Affleck, managing director, Maersk Oil Qatar.

Affleck adds, ⌠The system's automated analysis and well-defined work flow delivered unbiased, quantitative characterization of drill cuttings in less than an hour from sample collection. Getting higher-quality information from drill cuttings helped us to make on-site mineralogy determination with greater confidence, supporting the porosity evaluation, and provided valuable data for post-drilling analysis. Our field tests of the QEMSCAN WellSite solution proved it to be quite valuable, and in particular, we see potential for its use in deep water drilling operation, especially in complex mineralogical settings.

MRC

(PlasticsToday) -- Three-year-old MedPlast (Tempe, AZ) is looking for acquisition candidates in healthcare contract manufacturing in Latin America and Asia, and hopes to expand its global footprint within two years.

"If you want to be successful in a region of the world, you need to have a permanent presence there," Harold Faig, CEO of MedPlast told PlasticsToday.com in an interview. "And I'm not a fan of building from scratch. My focus is to go where the customers are and generally that means you need to buy facilities and optimize them to what is needed."

MedPlast operates five plants in the United States that were part of its acquisition of the engineered rubber and plastics group of Applied Tech Products Corp. and K&W Medical Specialties in 2008 just as a major recession was taking hold. Faig ordered a restructuring to improve costs as well as investment in new capabilities required for a medical market focus.


MRC

(PRNewswire) -- LyondellBasell Industries today announced the early tender results of the previously announced cash tender offer (the "Tender Offer") by its wholly-owned subsidiary, Lyondell Chemical Company (the "Company"), for up to $1,470,134,000 aggregate principal amount of the Company's outstanding 8% Senior Secured Dollar Notes due 2017 (the "Dollar Notes") and 8% Senior Secured Euro Notes due 2017 (the "Euro Notes" and together with the Dollar Notes, the "8% Notes"), and up to $1,318,672,000 aggregate principal amount of the Company's outstanding 11% Senior Secured Dollar Notes due 2018 (the "11% Notes" and together with the 8% Notes, the "Notes") and consent solicitation (the "Consent Solicitation) to amend certain terms of the Notes and the indentures governing the Notes to release certain of the collateral securing the Notes and modify other provisions relating to restrictive covenants.

As the Tender Offer is oversubscribed with respect to each series of Notes, the Company has accepted for purchase tendered Notes on a prorated basis in the manner described in the Statement. Holders who tender Notes or deliver Consents after the Early Tender/Consent Deadline will not have any of their Notes or Consents accepted for payment.

MRC

(Dow Jones) -- Thai refiner and petrochemical producer IRPC PCL expects fourth-quarter revenue to fall 30% from a year earlier due mainly to a planned 45-day maintenance shut down, Chief Executive Atikom Terbsiri said Wednesday. He said the planned shutdown coincides with slowing local demand as Thailand is facing the worst flood in decades.

Most of Thailand's central provinces are submerged by the floods, including vast areas of farmland and industrial estates that are global production bases of electronics and automobile parts. The inundation of those estates has materially disrupted global production in both industries.

MRC