Friday News Round Up

Being Friday, I thought it would be a good time to give an update on some of the stories covered in earlier postings.

Naphthachimie has been bringing plants back on stream at the Lavéra Site, whilst Arkema has been forced to declare force majeure on all PVC production in France due to the shutdown of the Lavéra VCM unit.

Jurong, the Singapore Chemical Park celebrated the completion of its land reclamation project - many years ahead of schedule.

ExxonMobil shared the secrets of its success in reaching number 2 in the ICIS list of Top 100 Chemical companies. In an interview with Bloomberg, an EM spokesperson reiterated the company strategy of integration and optimisation throughout the entire value chain.

OPEC shared its view on economic recovery, stating their belief that it will be slow and gradual. The group left its world oil demand forecast for 2010 unchanged.