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GLG News by Plastics and Resins Experts in GLG Member Programs

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Specialty Chemicals Growth in 2010 Will be Modest and Uneven and Led by China

October 21, 2009

10,000: Then and Now | www.nytimes.com

Signs are emerging in the specialty chemicals value chains that show an overall improving global economy, but one with unevenness by region and by economic sector. Our indicators show China leading all regions in 2010 growth while manufacturing will lead all sectors. Lagging will be housing and the regions of North America and Europe.

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Flexible Packaging Industry depends on Consumer Spending for Growth

October 13, 2009

Flexible packaging will return to growth in 2011 | www.europeanplasticsnews.com

Flexible packaging volume growth is highly dependent upon the growth of consumer products, particularly non-discretionary products such as food. Value growth is dependent upon volume as well as pricing which has been under pressure in 2009 as the inputs associated with oil have dropped in price forcing packaging producers to pass on much of the decrease. Value will likely be down this year but volume will not.

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Huntsman's Move In China Should be Polyurethane

September 28, 2009

Huntsman seeks deals in China | www.ft.com

Huntsman has announcement they are seeking deals for their textile chemicals business in China which seems misplaced given the strength and importance of their polyurethane business in this region.

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

BASF Nylon Plant Closure Reflects a Global Shift in Demand

September 21, 2009

BASF to Close Permanently Nylon-6 Plant in Germany | chemweek.com

BASF's closure of the nylon 6 plant in Rudolstadt, Germany is reflective of the broader global trends affecting nylon - slower demand growth that is shifting toward China and away from Europe and North America.

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Chemical Industry Study on Greehouse Gases - an interesting framework

July 21, 2009

Chems industry reduced global GHG by 11% in 2005 - ICCA | www.icis.com

The International Council of Chemical Associations emissions be enabling applications and technologies that serve to reduce overall societal emissions. Of great importance are chemical-based insulation, crop fertilizer/protection chemicals and improved lighting.

Kevin BoyleConsultantKEVIN L BOYLE What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Sabic’s Dismal Q2 Results Unlikely Representative of the Petrochemical Industry

July 20, 2009

UPDATE 1-Saudi Basic Industries' Q2 profit plummets on crisis | www.iii.co.uk

Sabic buys feedstocks at a low, fixed price, so falling prices mean falling EBITDA.Market conditions for Sabic in Q2 of 2008 were different that for other non-Middle Eastern producers.

Kevin BoyleConsultantKEVIN L BOYLE What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

After Dow’s Petrochemical Plant Closures – More Yet to Come

July 5, 2009

Dow Chemical to Shut Three Louisiana Ethylene Plants (Update3) | www.bloomberg.com

This plant closure will have no immediate impact on the ethylene market.  There may be additional rationalization coming in petrochemicals.  What may close in the future is a big gamble.

Jeff MoserPresidentWest Branch LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Dow Ag interest heating up again

June 22, 2009

ChemChina Taps JPMorgan for Dow Chemical Unit Bid | www.cnbc.com

Dow's hand is forced regarding more divestitures to pay down ROH leverage.  The only uncertainty is whether units like Ag will be sold outright or into a JV entity.

Jeff MoserPresidentWest Branch LLC What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

SCR Goes to Court

June 4, 2009

SCR court battle heats up | fleetowner.com

Navistar has petitioned a Federal court to overturn EPA certification of competitors' SCR systems for 2010 NOx compliance.  This could signal issues with Navistar's EGR only strategy as they seek to postpone the 2010 deadline.

Michael Brown, President

Michael BrownPresidentStrategyMark, Inc. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

BPA regulations pick up momentum

May 20, 2009

City of Chicago Bans BPA | chemweek.com

The recent regulation by the City of Chicago which bans the use of bisphenol A (BPA) in food/beverage containers for children continues the increasing trend that started in Suffolk County (New York).  Banning or limiting the use of plastics and resins containing (BPA) will impact the infant care and metal packaging markets the most.  BPA-free alternative technology is available but users and converters in these industries will have to make trade-offs and in some cases invest in new equipment and tooling to make the switch.

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