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Companies
Standard Thermoplastics
Polyester
EASTMAN
Exit from PET looking increasingly likely / Merrill Lynch to explore divestment options
27.04.2010
LA SEDA
El Prat PET plant restarts / Creditors inject cash
20.04.2010
LA SEDA
New organisational structure with two divisions
13.04.2010
EQUIPOLYMERS
Ottana PTA and PET lines acquired by Indorama jv
26.03.2010
LA SEDA
New Petauto business division to encourage automotive recycling / Potential access to 300,000 t/y PET market
23.03.2010
LA SEDA
Net loss narrows slightly in 2009, but sales fall / Refinancing package close to being wrapped up
11.03.2010
VELOX
New European distributor for SK Chemicals' “Skygreen” range for cosmetic packaging
23.02.2010
EASTMAN
Deliberations whether to quit PET production / Business on a perpetual losing streak since 2005
09.02.2010
LA SEDA
Loans guarantee PTA expansion in Sines / 700,000 t/y line to go on stream in mid-2011
02.02.2010
LA SEDA
Sale agreed for PET assets of Artenius UK / No price disclosed / Development grant for business investment
28.01.2010
INDORAMA
Majority shareholder plans IPO / Paving the way for additional PET acquisitions in Europe?
15.01.2010
LA SEDA
Shareholders approve equity increase / Buyers in sight for several production sites up for sale
23.12.2009
LA SEDA
PET producer sharpens focus on packaging / New UV-coated milk bottle for Spanish dairy group
16.12.2009
LA SEDA
Veolia sues for more than EUR 100m / Services rendered for the construction of a PTA facility in Sines
17.11.2009
LA SEDA
Banks extend standstill agreement by another four weeks / Progress made in negotiations
09.11.2009
LA SEDA
Follow-up: Banks grant four more weeks to sort out refinancing / Capital increase etching closer
13.10.2009
LA SEDA
Portuguese investor could save PET group / Agreement with creditor banks on debt redistribution
30.09.2009
EQUIPOLYMERS
Italy in an uproar over plans to shut Sardinian PET plant / Yet another crisis for Claudio Scajola
25.09.2009
TICONA
Production of PBT and PET at Shelby to end in October / Compounding in future at Florence
07.09.2009
LA SEDA
Union says San Roque PET production could restart during September / Sale of site to Cepsa “ruled out”
04.09.2009
LA SEDA
Pretax loss of EUR 70m reported for H1 2009 / Carlos Gila to drive restructuring forward
01.09.2009
LA SEDA
Indorama and IPP mooted as Artenius UK bidders / Another 58 employees at Wilton lose their jobs
25.08.2009
LA SEDA
Wilton PET plant to be mothballed as search for site buyer continues / Workers more optimistic now
11.08.2009
LA SEDA
Subsidiary Artenius UK insolvent / Buyer sought for PET production / Half of site's employees redundant
30.07.2009
LA SEDA
Plants to be shut or sold in restructuring scheme / Some 300 job losses / Tightening the production chain
29.07.2009
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