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Companies
Standard Thermoplastics
Polyester
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
LA SEDA
Short-time working introduced at El Prat plant / Talks with employee representatives under way
23.07.2009
LA SEDA
Board of PET producer reveals loss of EUR 565m for 2008 / Restart of PET plant at Llobregat
03.07.2009
LA SEDA
Sale and closure of plants / 2008 loss higher than originally stated / CEO Español quits
19.06.2009
SABIC
Uhde Inventa-Fischer appointed for PET expansion
18.06.2009
INDORAMA
New PET plant to come on stream soon in the USA / Benefiting from market consolidation
16.03.2009
LA SEDA
Plant closure after 2008 losses / Acquisition spree Ended / PET merger with Indorama not yet clear
09.03.2009
EASTMAN
Loss reported for fourth quarter / Capacity utilisation expected to rise in first quarter
10.02.2009
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