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Companies
COPERION
New focus on spare parts business / Sales rise of 25% forecast for 2005 / Price cuts planned
09.12.2004
CYCLICS
First commercial resin from new German unit in 2005 / Search is on for new 25,000 t/y plant site
09.12.2004
TUFNOL
MBO from receiver / Business restructured and renamed / Over 70 jobs, Scottish depot saved
09.12.2004
MONDI PACKAGING
Integration of Frantschach / Austrians´ name to disappear / Restructuring of whole group
09.12.2004
BAYER MATERIALSCIENCE
Margin recovery in sight / PC and MDI sold out / Fresh price hikes planned for fourth quarter
09.12.2004
NOVA / BP
Anti-trust issues may not impact planned styrenics joint venture / Market consolidation
09.12.2004
NYPRO
Computer industry restructuring hits Irish moulder / Waterford plant may be shut down
09.12.2004
LANXESS
Sales of EUR 5 bn in first three quarters / 60% of businesses in profit / ABS is “problem area”
09.12.2004
PEGUFORM
Peguform sold to Cerberus / 330 jobs to go
09.12.2004
LAIRD PLASTICS
Acquisition by Blackfriars for USD 65m / New player will have 10% of the US shapes market
25.11.2004
PEOPLE
Hirsch Servo with new board and interim CEO
25.11.2004
CINPRES GAS INJECTION
Patented technologies acquired from US rival / Single licence for outflow moulding techniques
25.11.2004
WILDEN
German injection moulder with joint ventures in Dubai, China / Sales recovery expected in 2004
25.11.2004
KAUTEX
Back in the black again in 2004 / Earnings of EUR 1m / Packaging machinery revived
25.11.2004
RHODIA
New PA production facility to be built in China / Improved service for Asian customers
25.11.2004
MPM
Sales rise 10% / All group companies profitable Incoming orders up / More cost cutting ahead
25.11.2004
PLASTIC PACKAGING
Nampak´s British blow moulding, European packaging go to RPC / EUR 33m price tag /
25.11.2004
RÜTGERS
Trosifol PVB films business to Kuraray of Japan / Profine divestment believed near
25.11.2004
VICTREX
Expansion of production in UK / Demand for PEEK up 23% / Plans for China being studied
25.11.2004
BASF
Plastics business profits from higher prices in Q3 / Margins still “insufficient” in some cases
25.11.2004
DOW
New Tarragona PE unit on stream in Q2 2006
25.11.2004
HUNGARY
BorsodChem plans to double in size / Output to increase / Acquisitions and organic growth
25.11.2004
SARNA
Problems continue in automotive division / Divestment or partnership are alternatives
25.11.2004
NOVA / BP
Joint production of PS and EPS in Europe / New market leader / Launch in mid-2005?
25.11.2004
WEIDENHAMMER
Moving into the plastic can market / Strong growth in the German home market in 2003
11.11.2004
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