Lanxess pioneering high-performance rubber for Green Tires in Japan and South

(Lanxess) -- Lanxess will be underlining its status as a premium supplier of high-performance rubber to the tire industry at its first-ever Rubber Days in Japan and South Korea this week. The world's largest synthetic rubber company is a key supplier of Nd-PBR and SSBR rubbers to leading tire manufacturers from both countries. Both products are essential in the production of Green Tires' that are more fuel efficient, safer and durable than standard tires.


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

Top-managers of Sibur confirmed their participation at The Polymers Summit-2011

(MRC) -- Sergey Komishan, head of directorate of basic polymers, Sibur, and Pavel Ljahovich,
deputy head of directory of plastics and organic synthesis sales and marketing, Sibur, confirmed their participation at The Polymers Summit-2011 which will be held on 30 November 2011 at The Ritz-Carlton Moscow. The Summit is organized by MRC (Market Report) and supported by ICIS.


Among others, the Summit participants will discuss the issues of pricing, PET and PVC market conditions, PP surplus, resources saving. The Summit program is formed on the basis of questions to speakers. The reports will be short and the speakers' time will be mainly devoted to negotiations with colleagues. The Summit site gives a possibility to ask questions to the speakers, invite for a cup of coffee and confirm or postpone a meeting. Registration on a site is free. For now there are 174 registered users of the Summit site - representatives of major Russian and foreign petrochemical companies.


MRC

Yisheng Petrochemical to shut a 650,000 tpa line at Ningbo from December 15 to January 15

(Plastemart) -- Yisheng Petrochemical will shut a 650,000 tpa line at Ningbo from December 15 to January 15 due to negative margins, as per Platts. Yisheng Ningbo comprises three PTA lines, two of which can produce 650,000 tpa each, and the third 2 mln tpa. Separately, it will reduce output at its 2 mln tpa Dalian plant by 20,000 tons in December and another 20,000 tons in January, equivalent to a 12% cut in production rate.


Domestic PTA prices are around Yuan 8,100/mt (US$1030/mt on an import-parity). But feedstock PX was assessed at US$1396/mt CFR Taiwan/China. Based on a conversion factor of 0.66 and a conversion cost of $150/mt, this means that PTA makers must break even at $1,071/mt. PTA has been under pressure from high feedstock prices and poor demand from polyester makers.


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

Udo Storck has acquired the majority of the shares in foam processor Masterfoam

(PlastEurope) -- Udo Storck has acquired the majority of the shares in foam processor Masterfoam (Ootmarsum / The Netherlands) from current CEO Hein Wiegerinck. The transaction was made possible by the aid of Dutch holding Wadinko. Storck previously served as the company's commercial director and fellow shareholder.


Masterfoam operates two plants in The Netherlands as well as one in Bistrita / Romania, turning PU and PE foams, films and mats into damming, insulating and acoustic solutions for the automotive and other industries. In addition, the group also manufactures polstered transport packaging for the computer, medicinal and entertainment sectors.


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

Turkey's Tekla to develop WIT for manufacturing hollow plastic parts

(BASF) -- Teklas, a Turkish supplier to the automotive industry, has actively pushed the development of water-assisted injection molding technology (WIT) for manufacturing hollow plastic parts. The company has recently started to produce fluid-carrying tubes for automobiles in high volumes from BASF's special Ultramid A3HG6 WIT. This glass fiber reinforced polyamide 66 grade has been developed specifically for WIT, and offers good inside and outside surfaces as well as the required high chemical resistance. The new tubes that Teklas is currently developing for almost all large European automobile manufacturers provide individual conveying of cooling water, air and oil in the engine compartment.


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