BASF and Renova Stroygroup announce strategic partnership

EKATERINBURG (BASF) -- BASF and Renova Stroygroup today announced a strategic partnership for energy-efficient construction in Ekaterinburg. Renova Stroygroup plans to construct housing for around 325,000 people with the aid of energy-efficient BASF construction materials and expertise in the new city district of Akademitscheskij Rayon, one of Europe's largest building sites.

The first building with a thermal insulation composite system has now been constructed in Akademitscheskij Rayon using insulation paneling made of BASF's Neopor. The paneling system enables energy savings of up to 50 percent compared with non-insulated buildings. In addition, BASF's subsidiary Luwoge consult will contribute to the conception and planning of a low-energy house in Akademitscheskij Rayon.

MRCMRC Reference

BASF. The share in the Russian market in 2008:
PS - 9.1% (GPPS - 5.9%, ABS - 11.4%, EPS - 10.6%).

Annual sales growth in Russia over the 5 years:
PS - 15%.

Imports by polymers processing technologies:
foaming;
injection molding

SIBUR announces new joint venture with IOGCE

MOSCOW (SIBUR) - SIBUR affiliate ⌠Sibur-Gasservice and Interregional Oil and Gas Complex Exchange (IOGCE) have presented the joint project of exchange sales of liquefied petroleum gas to Federal Antimonopoly Service (FAS).

SIBUR has been daily supplying IOGCE with over 20 lots of automotive propane-butane, technical propane-butane sales, EXW, and delivery in tank-containers to railway stations since April 2010. Sales of liquefied petroleum gas with IOGCE promotes the expansion of SIBUR sales geography and attraction of new customers.



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.

Nizhnekamskneftehim increases production in first 6 months of 2010

(Prime-TASS) -- Over the course of the first six months of the year Nizhnekamskneftehim has increased production 19,4% in comparable prices, 72,2% in present prices comparing with same period last year to RUB 42,76 bln. The growth was provided by polystyrene production - to 90 kt (up 12,4%), polyethylene - to 71,8 kt (up 39,8%, capacities were launched in 2009) and polypropylene - to 100,4 kt (up 5,6%).

MRC
MRC Reference

PP-block - 34.7%,

PP-random - 22.1%);

polystyrene - 34.5%.

Leader in polymer processing technologies:

moulding.

LDPE imports down 16% in Ukraine

MOSCOW (MRC) -- Imports of high-density polyethylene (HDPE) in Ukraine over the course of January - June 2010 went down by 16% (to 52,71 kt) comparing with the same period last year - according to MRC DataScope report.

There were interruptions in supply of film and pipe-grade material in the HDPE market. In the meantime, black pipe-grade polyethylene is not available in the Ukrainian market. Arriving natural PE100 grade from Russia has already been contracted by certain converters.

Demand for pipe-grade HDPE became much stronger in June: Ukrainian companies increased imports more than 1,5 times (to 3,2 kt), comparing with May 2010. Imports of PE100 pipe-grade hiked nearly 5 times. Ukrainian companies resumed supply of Hostalen CRP 100/LyondellBasell after the four-month break.

MRC

For more information about polyethylene market, please refer to MRC DataScope report.

DuPont's sales and investment in Indonesia to double by 2015

(JacartaPost) -- Global giant DuPont expects its sales and investment in Indonesia to at least double by 2015, citing positive progress in the local economy.

DuPont, an industrial materials producer, has been operating locally for 35 years and has invested more than US$100 million in Indonesia during that time. The company estimates its sales in Indonesia will reach around US$200 million this year.

MRC