Europe top stories - weekly summary

LONDON (ICIS)--Here are some of the top stories from ICIS for the week ended 7 January 2010.

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OUTLOOK '11: Chemical players upbeat about prospects in 2011
LONDON (ICIS)--The chemical industry can expect growth and increased merger and acquisition (M&A) activity in 2011 but must also be prepared for potential instability, according to leading producers, distributors and consultants.

EU’s chemicals classification and labelling notifications top 3.1m
LONDON (ICIS)--The European Chemicals Agency (ECHA) received 3,114,835 notifications of 24,529 substances under the EU’s Classification, Labelling and Packaging (CLP) regulation by the 3 January deadline, the agency said.

EU chemicals sector remains on the road to recovery - Cefic
LONDON (ICIS)--Chemicals production in the EU increased by 5.5% year on year in October and 11.3% in the first 10 months of 2010 compared with the same period in 2009, industry body Cefic said.

Europe PS prices reach record highs following styrene settlements
LONDON (ICIS)--European polystyrene (PS) prices have risen to new record highs as producers take advantage of the fine supply-demand balance to push through the recent increases in this month's styrene monomer contract prices, market sources said.

Yuzhny ammonia prices jump to $430/tonne
LONDON (ICIS)--Yuzhny ammonia prices jumped $20/tonne on last business on the back of limited supply and strong demand, market sources said.