Styron introduces new impact polystyrene line

(Styron) -- Styron announced today the commercial availability of its transparent grade for food packaging converters in Europe. STYRON C-TECH Polystyrene is the new transparent High Impact Polystyrene (HIPS), an extension of the well-known STYRON A-TECH family of polystyrene products.

STYRON C-TECH Polystyrene can be used in all types of rigid food packaging applications with great aesthetics and excellent organoleptics against traditional transparent blends. In particular STYRON C-TECH Polystyrene has also been successfully introduced into the bakery and delicatessen market through BOPS (bi-oriented polystyrene) sheet extrusion.

MRC

(plastemart) -- After gauging damage caused by a fire at its 700,000 tpa naphtha cracker, Formosa Petrochemical Corp will determine the duration of the shutdown by next week. A very small fire inside the pipe is making it unfeasible for the company to fully assess the damages or the duration of the shutdown. The site is estimated to shut for 2-3 months as the base of the distillation tower, wires, cables and a pyrolysis gasoline unit were damaged.

MRCMRC Reference Formosa

The share in the Russian market in 2008:
PVC-S - 3.0%;

PP - 0.4%.

Annual growth sales in Russia :
PVC - 79 % (over the last year) ;

PP - 272 % (over the last 3 years).

Supply by processing technologies:
profile extrusion

film extrusion

(prw) -- Chemtura and 26 of its US affiliates have filed a revised reorganisation plan and related disclosure statement with the US Bankruptcy Court in New York.

The plan, like a previous version filed on 17 June, was filed with the support of the company's official committee of unsecured creditors and the ad hoc committee of its bondholders.

A significant provision of this latest plan follows the conclusion that, in order to resolve certain asserted diacetyl liabilities, Chemtura's Canadian subsidiary, Chemtura Canada Co./Cie, intends to file for protection along with the current US debtors under Chapter 11 of the Bankruptcy Code.

MRC

(Miliken) -- Increasing sustainability through additive innovation is central to the many cutting-edge developments for polyolefins to be presented by Milliken at K 2010. Milliken will showcase pioneering possibilities in optical enhancement and processing improvements for packaging, automotive and technical applications, with the added bonus of energy reduction, less material consumption, and more cost-effective production.

Latest developments to be featured at K 2010 are spearheaded by Millad clarifying agents that yield aesthetic properties never seen before in polypropylene (PP). These are complemented by ClearTint polymeric colorants that put bright colors into plastics without compromising clarity or processability.

MRC

TOBOLSK (SIBUR) - State-owned corporation ⌠Development and external economic activity bank and Sibur affiliate - Tobolsk-Polymer Ltd. inked an agreement about long-term crediting that totals $1.441 mln.

Bank Chairman Vladimir Dmitriev was presenting Vneshekonombank, and Sibur side was presented by Sibur President Dmitriy Konov.

Credits are assigned for realization of new modern 500.000 tpa polypropylene complex construction project

MRC
MRC Reference

Sibur Holding is the largest Russian petrochemical group.

Shareholders:
Gazprombank (70% minus 1 share);
Gazfond (25% plus 1 share);
5% reserved for option program.