Kaustik increases production volumes in 2010

(Kaustik) - From January to May 2010 production at Volgograd-based Kaustik in financial figures formed 2.259.744.000 rubles, which is 7,2% more than same period in 2009.



In first 5 months in 2010 compared with same period last year the production increase of liquid caustic soda (+5,7%), hydrochloric acid (+0,5%), granular caustic soda (+4,6%) and liquid chlor (+18,6%) was observed.

MRC

PKN Orlen seeks new bidders for its PVC business

(prw) -- Polish oil group PKN Orlen is seeking new bidders to buy its PVC subsidiary Anwil after exclusive talks with the Polish chemical company Zaklady Azatowe Pulawy (ZAP) broke down.

Negotiations over the sale of an 85% stake in Anwil with ZAP, one of three original would-be buyers, began in April, but collapsed this month (June) when Orlen rejected a revised ZAP bid.

The parties decided to terminate discussions because of differences between their respective views ⌠on price and non-price conditions of a transaction, according to Plock-based Orlen.

MRC

PE prices in Russia keep up growing in June

MOSCOW (MRC) - Prices for all kinds of PE in Russia keep up growing, in contrast to Europe and Asia, where PE prices fall - according to MRC Price reports.In Russian HDPE market price increase is connected with insufficient supply - to the level RUB 55.000/mt, including VAT. LDPE prices didn't change much in the region during the first week of June, but experts tell about trends of price increase for this type of polyethylene due to material deficit caused by scheduled maintenance at Kazanorgsyntez.

At the same time, in the market of some types of polyethylene in Europe lowering of prices on EUR 10/mt was observed as the situation with supply improved. In Asian market PE prices continue to decrease due to uncertainty in global stock market and falling ethylene prices. The decrease in Asia formed average USD 20-40/mt.

MRC

For more detailed information about PE market in Russia please refer to MRC Price reports.

Yeochun NCC to expand ethylene production capacity

(plastemart) -- South Korea's leading ethylene maker Yeochun NCC Co. is mull augmenting capacity by 350,000 tons at its No. 2 naphtha cracker. With this, total capacity will rise to 920,000 tpa in 2012.

MRC

Contitech to use blow molding in its production

(European Plastics) -- German automotive components group ContiTech Fluid Technology is now producing blow moulded plastic charge air ducts in-house at its plant at Waltershausen, in the German state of Thuringia.

"This allows us to boost our share of the value added chain and combine our market leadership in elastomer charge air hoses with a forward-looking technology that has a considerable edge over metal in terms of weight and cost," said ContiTech Fluid Technology general manager, Gunter Frolich.

Frolich said that having its own production capability would also enable it to provide an improved product development service to its automotive OEM customers.

MRC