La Seda De Barcelona establishes new subsidiary Artenius Espana for PET production

(LSB) -- La Seda de Barcelona (LSB) has set up a new subsidiary Artenius Espana for its PET business as a part of internal corporate restructuring process.

The PET manufacturing business carried on by La Seda de Barcelona (LSB) at its production plant in El Prat de Llobregat (Spain) will be called Artenius Espana, S.L, with effect from October 1, 2012.

All contracts with customers and suppliers of the PET business in Spain will be undertaken by the new subsidiary of LSB from that date onwards.

From now on, the new subsidiary Artenius Espana will also be in line with the different geographical names of the production plants which Artenius (the PET and PET recycling division of LSB) has in other countries (Artenius Italy, Artenius Turkey or Artenius Greece), and thus reinforce and strengthen its brand image.

Seda de Barcelona (LSB) is an industrial plastic packaging group operating internationally through its 14 facilities across Europe, Turkey and North Africa. It is the only European producer capable of supplying PET containers in a fully integrated way from raw material feedstock, conversion technology and design, injection and blow moulding up to the delivered finished product, by means of guaranteeing the quality of all its production processes.The PET and recycling division of LSB has four production plants in Spain, Italy, Greece and Turkey, and two recycling sites in Spain and Italy.
MRC

(plastermart) -- Despite demonstrating healthy sustainable growth rate, the demand for ethylene is forecast to be far outpaced by the vast capacity expansion projects awaited in Asia, particularly China, and the Middle East, as per a report by Merchant Research & Consulting.

Middle East capacity for ethylene has doubled in the past eight years and is projected to reach 20 mln tonnes by 2017.

The Asia-Pacific will keep on dominating the market and generating over a third of global demand with China set to become the largest ethylene consumer ahead of the US and Saudi Arabia.

Ethylene is feedstock polyethylene (PE) production, one of the main polymers used world-wide. Ethylene is a key raw material in the production of surfactants and detergents by ethoxylation. Ethylene oxide also hydrolyzed to produce ethylene glycol, widely used as an automotive antifreeze as well as higher molecular weight glycols, glycol ethers and polyethylene terephthalate (PET).
MRC

MOSCOW (MRC) – In October, Stavrolen will reach its full technological capacity utilization with production of on-spec material. The first shipments of polyethylene are expected to start next week, report MRC analysts.

Yesterday, Stavrolen (Lukoil group) informed that it is going to work at its full capacity in October, 2012, producing on-spec goods including HDPE. The first shipments of PE will be possible from 5 October.

Shipments of PP will be resumed starting from 3 October. We remind that due to the resumption of production at ethylene complex, Stavrolen had had to suspend PP production by the end of the previous week.

Stavrolen is the second largest PE maker in Russia. Its annual HDPE and PP production capacity makes 300,000 and 120,000 tonnes, respectively.
MRC

MOSCOW (MRC) – The Water Resources Committee of Kazakhstan has changed requirements for producers of PE pipes for water supply. The proposed changes will toughen requirements for raw materials and PE pipes production, report MRC analysts.

At the end of last week the Water Resources Committee of Kazakhstan changed the requirements for PE pipes producers and for PE pipes procured as part of the state water supply program. The proposed changes will tighten the control over production and raw materials for PE pipes production.

The changes include the following list of basic requirements for polyethylene pipes:

- the usage of exclusively black polyethylene PE100 of European manufacturers for the production of polyethylene pipes;

- the license of the Ministry of Industry and New Technologies of the Republic of Kazakhstan, confirming the quality of the used raw materials and the right to duty-free importation;

- a certificate of domestic producers (CT-KZ) and the quality certificate ISO 9001;

- providing warranty for polyethylene pipes for 50 years and the terms of their replacement in case of finding defects.

According to local market participants, new requirements might dramatically alter Kazakh market of PE pipes, in particular, the geography of supplies since Russian and Asian makers are the main suppliers of pipe PE100 to the local market.

It is also worth mentioning that the Water Resources Committee provided about 70% of all orders for PE pipes in the country.
MRC

MOSCOW (MRC) -- In August, import of suspension PVC to Ukraine expectedly increased to 11,000 tonnes. Over the eight months of 2012, the total import of suspension made about 55,100 tonnes, down 37% year on year, as per MRC analysts.

Expectedly in August, the import volumes of PVC to the Ukrainian market increased significantly. Last month, the total amount of imports of PVC to Ukraine increased to 11,000 tonnes, while in July this figure made about 8,800 tonnes. The main increase in imports of resin was provided the material from the United States.

Last month, imports of resin from the U.S. increased to 5,500 tonnes, from 2,200 tonnes in July. The imports from the U.S. increased due to a serious decline in export prices from North American manufacturers in May and June. As a result, Ukrainian companies have been actively buying PVC in the U.S.

Limited export quotas in Europe over the last two months did not allow Ukrainian companies to increase seriously the purchases. The import of European resin in August exceeded 5,000 tonnes, while in July the figure made about 5,800 tonnes.

In general, over the eight months of this year, the total volume of import PVC to Ukraine amounted to about 55,100 tonnes, down 37% compared to the same period a year ago.


MRC