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Companies
Polymer Materials
Polymers
A. SCHULMAN
Net profit falls 18% in fiscal Q1 2009 / Drop in demand “unprecedented”
16.01.2009
BRASKEM
Withdrawal from PET business / Production on a competitive basis is no longer viable
15.01.2009
SPOLCHEMIE
Takeover of Hexion epoxy resins laid to rest / “Well placed to weather the financial crisis”
14.01.2009
MITSUI CHEMICALS
MMA and PU subsidiaries to be absorbed
13.01.2009
LYONDELLBASELL
US bankruptcy court grants emergency financing / European converters are concerned about bonuses
12.01.2009
DOW
Slight hope that K-Dow is not dead / Acquisition of Rohm and Haas still hanging in the balance
09.01.2009
SABIC EUROPE
Launch of UHMWPE / Production start-up scheduled for Q2 2009
09.01.2009
POLIMERICA
“Lupotech T” specified for 300,000 t/y LDPE plant
08.01.2009
LYONDELLBASELL
Chapter 11 filing in New York / Finance holding Basell Germany involved, other non-US business unaffected
07.01.2009
DOW
Liveris threatens Kuwait with legal action / Sabre rattling in pursuit of break-up fee for scuttled jv?
07.01.2009
LYONDELLBASELL
Markets waiting for news of debt renegotiation / Highly leveraged company says bankruptcy an option
06.01.2009
KRATON
Production of SBCs suspended at key sites in Europe and USA
06.01.2009
DOW
Kuwaiti joint venture collapses / Declining oil revenues and credit crunch / Rohm and Haas shaky?
05.01.2009
LYONDELLBASELL
Start-up of PP compounding plant in China / Saudi plant onstream in 2009
05.01.2009
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
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
DUPONT
Downturn in construction and auto sectors leads to 2,500 job cuts / Loss predicted for fourth quarter
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
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