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Companies Polymer Materials

PPG Euroresins appointed pan-European distributor	18.12.2008
SHELL Cracker at Moerdijk is up and running again	18.12.2008
HUNTSMAN Hexion merger plans “buried” for USD 1 bn in compensation / Out-of-court settlement / Billion-dollar litigation with banks still in play	16.12.2008
DOW Three plants at Terneuzen to close in restructuring plan	16.12.2008
A. SCHULMAN Job cuts in North America and Europe / Production capacity scaled back / Profits forecast downgraded	16.12.2008
BAYER MATERIALSCIENCE Short-time working and more plant shutdowns / Slight revival in PU orders	16.12.2008
SABIC INNOVATIVE PLASTICS Plans to slash jobs in Europe / Talks with the workforce	15.12.2008
CLARIANT Capacity cutbacks planned / Wage freeze in Switzerland / Short-time working in Germany	12.12.2008
INEOS Lenders approve request for debt covenant waiver	12.12.2008
DOW Permanent workforce to be cut by 11% / Plans to close 20 plants and idle 180 / “Non-strategic” businesses will be divested	11.12.2008
PLASTIC ENGINEERING ASSOCIATES European licence for "Turbo-Screws" PLA foam production technology	10.12.2008
K.D. FEDDERSEN Northern Europe expansion continues after Swedish buy	10.12.2008
DUPONT Downturn in construction and auto sectors leads to 2,500 job cuts / Loss predicted for fourth quarter	09.12.2008
OLTCHIM Privatisation on ice for now / Bailout package to be presented to EU / Acquisition of Arpechim moving ahead	09.12.2008
EMS PA producer extends Christmas break to mid-January / Slump in consumer spending has “historic proportions”	08.12.2008
VICTREX Profit warning issued / Massive decline in orders in November / No improvement expected in December	08.12.2008
RHODIA R&D centre opens in Shanghai / Engineering plastics a focus	08.12.2008
DOW Joint venture with Kuwait is finalised / K-Dow to start up in January / PET and EG business included	04.12.2008
ARKEMA Restructuring of vinyls chain continuing / Two French sites targeted / Nearly 170 jobs on the line	03.12.2008
EVONIK New PMMA moulding compounds plant starts in China / First unit of EUR 250m methacrylates complex	03.12.2008
SABIC Plans for Saudi elastomers jv with ExxonMobil progressing / More economic feasibility studies	02.12.2008
POLIMERI EUROPA Entire petrochemicals complex in Sardinia to go offline for two months / Cracker, HDPE, chlorine chain and aromatics affected / Phenol chain down for all of 2009	01.12.2008
SOLUTIA Restructuring of PA 6.6 business stepped up to aid sale plans / Capacity and job cuts / Decline in demand	01.12.2008
ROMPETROL Polyethylene production reduced by 55% for two months / Nearly a quarter of the workforce to be temporarily laid off	28.11.2008
EVONIK PMI rigid foam plant comes on stream in US	28.11.2008

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