Honam Petrochemicals plans maintenance turnaround at Yeosu PP plant in March 2012

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• Indian Oil Corp sells 100,000 tons of January naphtha from Dahej and Kandla

• Maintenance planned at Mitsubishi Chemicals propylene plant No 1 currently running at low rates

• Lavan Island to become Iran’s third major petrochemical hub

• Middle Eastern PP prices for January soften in Asia and Egypt

• Stronger spot prices and stable-to-weaker feedstocks prop US ethylene margins

• Siemens to supply compressor trains to the biggest propylene plant in the world

• Spot propylene rises in Europe, falls in Asia

• Kumho Petrochemical drive company to sell stake in Kumho Asiana

• Polystyrene markets in Europe and Asia supported by costs

• New state-of-the-art pilot facility at Mt. Vernon to streamline polymer research and product development

• Saudi Aramco's acquisition of 70% stake in Sabic get clearance in India

• W.R. Grace & Co. licenses UNIPOL PP Process technology to Bharat Petroleum Crop Ltd.

• Formosa Petrochem purchases naphtha at more than 1-year high premium

• Hungarian energy company MOL’s polyol plant to be operational by mid-2021

• Motiva Enterprises to build polyethylene units and a multi-unit aromatics complex

• Haldia Petrochem declares force majeure on all cracker products

• JV to produce biobased acrylic acid to make SAPs used in a range of hygiene products

• LyondellBasell starts up fifth production line at polypropylene compounding plant in Germany.

• LyondellBasell inks deal for construction of Enterprise’s second propane dehydrogenation plant

• Planned turnarounds nearing an end in the Asia-Pacific region