Top managers of Russian and foreign companies to give speeches at the Polymers Summit-2011

(ICIS-MRC) -- The Polymers Summit-2011 will be held on November 30, 2011 in The Ritz-Carlton, Moscow. The Summit is organized by MRC and supported by ICIS. Among the speakers of the Polymers Summit-2011 will be Linda Naylor (ICIS), Geert Drummen (SABIC), Myron Gorilovskiy (POLYPLASTIC Group), Vasiliy Tkachev (TekhnoNIKOL), Sergey Yaremenko (MRC), Sergey Arbuzov (Europlastic), Sergey Komyshan (Sibur), Pavel Lyakhovich (Sibur), Alexey Zavyalov (CENTROPOLYMER).


The main idea of the Summit is to find "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in the expansion of production in order to substitute polymers imports, and the converters receive such price of the feedstock that helps them to compete imported finished products.


The Polymers Summit is not another boring conference, it is an interactive communication. After a free registration on a site, each participant can arrange the subject of the reports and invite colleagues for a talk or for a meeting. The Summit site gives an access to the live video from the Summit, speakers' presentations, as well as opportunities to ask questions or make appointments to any Summit participants.


MRC

Sipchem signed with Saudi Industrial Development Fund a loan facility Agreement

(Plastemart) -- Saudi International Petrochemical Company's (Sipchem) affiliate the International Polymers Company (IPC) has signed with Saudi Industrial Development Fund (SIDF) a SR 600 million loan facility Agreement. The purpose of this loan facility is to support financing of the construction of EVA/LDPE plant. This plant will produce Ethylene Vinyl Acetate (EVA) and Low Density Polyethylene (LDPE) with an annual production capacity of 200,000 metric tons in its industrial complex in Jubail Industrial City.


Perspectives of development of the polymers markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers' presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


MRC

Polyscope Polymers highlighted benefits of use of XIRAN SMA copolymers

(Polyscope) -- In a recent benchmark analysis of heat boosters, Polyscope Polymers has highlighted the benefits that can be obtained by the use of readily available XIRAN SMA copolymers as a modifier in thermoplastic polymers.


Because XIRAN SMA has a high glass transition temperature it is able to significantly boost performance and value of various virgin and recycled resins, particularly acrylonitrile butadiene styrene (ABS) and polymethyl methacrylate (PMMA). Available in a broad range of molecular weights and maleic anhydride (MA) contents, XIRAN can improve thermal stability to widen the application window, make parts easier to bond, paint or print on at a cost significantly below that of several other additives and proprietary polymer modification techniques. The material can also act as excellent compatibilizer between resins that are normally immiscible, such as PA/ABS.


Polyscope is leading the way in expanding the use of this polymer as a property enhancer. The Company has the industry's broadest offering of SMA additives. Grades vary in molecular weight and maleic anhydride content, both of which have important effects on host polymer properties.


Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


MRC

Sumitomo Chemical to skip 2012 cracker turnaround

(Reuters) -- Sumitomo Chemical Co said on Thursday it plans to skip maintenance work at
its sole naphtha cracker in 2012. A company spokesman said it has lowered the cracker's
utilisation rate to around 90 percent this month due to weakening ethylene demand in Asia. It carried out maintenance work on the cracker from Sept. 1 to early October.


Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


MRC

The outlook for polyethylene demand in Europe remains flat

(ICIS) -- The outlook for polyethylene (PE) demand in Europe remains flat, but many players feel that prices will go no lower than current levels in the near future as the spread between ethylene and PE narrows and crude oil and naphtha prices remain strong, market sources agreed on Friday. ⌠The cutbacks are not helping yet, said a major PE producer. ⌠Market demand is very low. We need to continue to produce at low rates and keep pricing stable now. Even at the big accounts there is an acceptance that prices can't really go much further [down].


Another major producer said: ⌠We expect December pricing to remain at the same level as in November, and a mild increase in January and February [of] no more than ┬10/tonne ($14/tonne) or ┬20/tonne. The eurozone remains very uncertain and we don't expect this to change much in the short term.


In most spot PE business in Europe at present, prices are lower than the headline ethylene contract price, which stands at ┬1,095/tonne FD (free delivered) NWE (northwest Europe). This is a gross price, subject to discounts, but the spread between spot low density polyethylene (LDPE) levels - at ┬1,040/tonne FD NWE, and even below in a couple of extreme cases - and ethylene is clearly not sustainable long term.


Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


MRC