OMV and IPIC plan to consolidate their chemistry activities into subsidiary Borealis

Borealis• OMV and IPIC intend to incorporate their respective 50% shares of AMI Agrolinz Melamine International into their joint subsidiary Borealis within the first half of 2007
• Changes in the AMI Supervisory Board as of January 1, 2007
• OMV continues to focus on core business

OMV, Central Europe's leading oil and gas group, continues to focus on its core business: Exploration & Production, Refineries & Marketing and Gas. In this context OMV, together with its core shareholder International Petroleum Investment Company (IPIC), is planning on incorporating AMI Agrolinz Melamine International GmbH (AMI), one of the leading international producers of melamine and plant nutrients into Borealis. OMV and IPIC each hold 50% of AMI. The final decision will be made in the course of the first half of 2007.

CHEMTURA ANNOUNCES EUROPEAN PRICE INCREASE ON TIN STABILIZERS, MIXED METALS AND PLASTICIZERS

ChemturaChemtura Corporation (NYSE:CEM) announced a 7-9% increase of European selling prices on all tin stabilizers, a 5% increase on all mixed metals stabilizers and a 5 Eurocent increase on all plasticizers for all package sizes, effective immediately or as contract terms permit. The increase is due to higher raw material costs. Customers having questions are asked to contact their account representatives.

Borouge expands its presence in Asia Pacific with opening of Australia and New Zealand offices

BorougeBorouge, the leading provider of innovative plastics solutions in the Middle East and Asia-Pacific, today announced that it has opened full sales and service offices in Melbourne, Australia and Auckland, New Zealand. The new offices reflect the continued growth of Borouge’s presence in the Asia Pacific region.

Borealis to showcase latest innovations at Interplastica

BorealisBorealis, a leading supplier of innovative, value creating plastics solutions, invites product manufacturers, designers and plastics processors to learn more about the benefits of polyethylene and polypropylene materials at Interplastica 2007 to take place in Moscow from 30 January – 2 February 2007. Visitors can experience first-hand how Borealis is providing solutions that deliver improved production efficiency and end-product benefits to a wide range of industries and applications.

HOLLIDAY PIGMENTS ANNOUNCES PRICE INCREASE IN THE ASIA PACIFIC REGION

Holliday PigmentsHolliday Pigments, the world’s largest manufacturer of ultramarine pigments, has announced a price increase of up to 30% across all their product ranges, in the Asia Pacific region from January 2007.

Eastman präsentiert zur MDT und MedTec 2007 Lösungen für die „Material Difference

Eastman ChemicalCAPELLE A/D IJSSEL, NIEDERLANDE – Seit über 65 Jahren vereint Eastman Medizin- und Materialwissenschaften, um der medizintechnischen Industrie die Material Difference zu bieten – Materialien, die Kunden in weiten Bereichen der Medizintechnik einen Wettbewerbsvorteil erschließen. So präsentiert das Unternehmen auch 2007 anlässlich der MedTec in Stuttgart und der MDT in Birmingham ein Portfolio an Spezialkunststoffen für Hartkomponenten ebenso wie für elastische Anwendungen im Einklang mit den hohen Leistungsanforderungen und strengen Vorschriften der Branche.

QUADRANT CMS BETRITT GETRÄNKEMARKT MIT BAUTEILEN FÜR BIERZAPFSYSTEME

Quadrant CMS hat von Heineken Beer Systems den Auftrag zur Fertigung und Verpackung eines Zapfsystems aus Polypropylen für DraughtKeg erhalten, ein tragbares Einwegfass zum Ausschenken von frisch gezapftem Qualitätsbier.TIELT, BELGIEN – 20. Dezember 2006 –Ein von Quadrant CMS (Creative Moulding & Systems) aus Polypropylen spritzgegossenes, mehrteiliges Bierzapfsystem bildet die entscheidende „Anstichstelle“ für den Verbraucher beim DraughtKeg, einem neuen Fünf-Liter-Einwegfass von Heineken Beer Systems. Die Anwendung markiert den Einstieg von Quadrant CMS in den Getränkemarkt und unterstreicht zugleich die Strategie des Unternehmens in der Entwicklung und Fertigung polymerbasierter Produkte für funktionskritische Systeme. Entscheidend für die Zusammenarbeit mit dem Zulieferer waren für Heineken dessen technische Kompetenz im Spritzgießen und in der Montage von Baugruppen sowie der hohe Automatisierungsgrad in der Fertigung und der partnerschaftliche Kooperation mit Quadrant CMS.

Belden gears up to capitalise on growing regional demand for high-speed electronic cables

BeldenBelden, the leading international designer and manufacturer of high-speed electronic cable and connectivity solutions, has announced it is gearing up to capitalise on the increasing demand for high-speed cables across the Middle Eastern markets, especially from the industrial, broadcast and security sectors, by focusing on quality control methodologies and key customer advantages.