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Companies
Polymers
Technical Thermoplastics
DSM
Performance materials sees 40% profit fall
25.02.2009
TICONA
Short-time working and job losses at POM market leader
24.02.2009
BASF
Short-time working at German PA plants in Rudolstadt and Leuna
20.02.2009
EMS
Growth in polymers halted / Dismal Q4 performance hits 2008 results / Specialities strategy to be retained
16.02.2009
CELANESE
Group sales down more than 25% in Q4 2008 / Ticona engineering polymers business moves deeply into the red
12.02.2009
DUPONT
Loss in fourth quarter of 2008 / Drop in full-year profit / Downbeat 2009 forecast
09.02.2009
DOW CHEMICAL
Fourth quarter loss hits 2008 result / Volumes down by 5% / Plastics segments see plummeting sales and profits / Figures “very disappointing”
05.02.2009
INVISTA TEXTILES
UK nylon plant to close with loss of 300 jobs
03.02.2009
LANXESS
Non-managerial employees face reduced working hours and pay cut / Bonuses cancelled and executive pay frozen
02.02.2009
BAYER MATERIALSCIENCE
Work week in Germany reduced to 35 hours as demand slump continues / Pay cut for workers / Managers forfeit raises
02.02.2009
BOREALIS
“Mobility” unit established to serve auto sector
28.01.2009
BAYER MATERIALSCIENCE
Talks with German workforce on response to market crisis / Some 1,500 of 5,500 jobs could be affected
27.01.2009
LANXESS
Capacity use slashed by up to 80% / Short-time working planned / Move to Cologne on hold / Crisis committee
23.01.2009
POLYONE
Restructuring will lead to 370 job losses worldwide
23.01.2009
BASF
Short-time working at Schwarzheide / About 10% of the workforce affected / PBT and styrenic compounds
20.01.2009
A. SCHULMAN
Net profit falls 18% in fiscal Q1 2009 / Drop in demand “unprecedented”
16.01.2009
LYONDELLBASELL
Start-up of PP compounding plant in China / Saudi plant onstream in 2009
05.01.2009
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
EMS
PA producer extends Christmas break to mid-January / Slump in consumer spending has “historic proportions”
08.12.2008
RHODIA
R&D centre opens in Shanghai / Engineering plastics a focus
08.12.2008
EVONIK
New PMMA moulding compounds plant starts in China / First unit of EUR 250m methacrylates complex
03.12.2008
SOLUTIA
Restructuring of PA 6.6 business stepped up to aid sale plans / Capacity and job cuts / Decline in demand
01.12.2008
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