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Markets
Regions and Countries
POLYTEC
Rescue plan foresees sale of Peguform to Cross Industries / Insolvency is averted
07.05.2009
SIMONA
Group aims to get through the crisis without job cuts / 2008 was stable / Sales expected to dip 30% in 2009 / Russian project postponed
05.05.2009
HSV
New production plant for moulded EPS parts in Poland
05.05.2009
VITA GROUP
Approval for financial restructuring / Debt for equity swap
05.05.2009
SOLVAY
Bioethanol plant to provide PVC feedstock in Brazil / “Green” plastics production will start in late 2010
04.05.2009
ENGEL
Capacity has to be cut by a fifth / Austrian model combining skills enhancement and training leave
04.05.2009
MITSUBISHI
Construction of carbon fibre plant halted / Demand slowdown leads to JPY 29bn net loss
30.04.2009
PRENT
Work begins on first European thermoforming facility
29.04.2009
POLYPROPYLENE
Russia: Consumption rose further in 2008 / Enormous potential / High capacity utilisation
28.04.2009
CYTEC
Expansion of carbon fibres plant postponed / Previously strong composites business contracted in Q1
28.04.2009
INJECTION MOULDING
Germany: Weak economy affects injection moulding companies / Number shrinks mainly due to insolvencies and relocation / Further reduction likely / Packaging now most important application / AMI study
27.04.2009
ITALIAN PETROCHEMICALS
Latest twist in the Vinyls Italia saga: Sartor threatens to declare the company insolvent / Seven-point plan to salvage Italy's chemical industry
24.04.2009
PETKIM
JV with NPC to build PE and methanol plant
24.04.2009
ROSTI
RTP to stay in Møller - Mærsk group / Government stimulus gives boost in China / New facility in India
24.04.2009
PETRO RABIGH
Cracker start-up as complex nears completion / MOU is signed for Rabigh II feasibility study
23.04.2009
ITALY
Polymer consumption slips to 7.1m t in 2008 / Output still declining / Optimism at Milan exhibitions / Upswing in summer may be on the cards / Core machinery manufacture in a dismal state
23.04.2009
ESSEL PROPACK
Tube manufacturer makes loss in 2008 / Volume sales down in Poland and USA
23.04.2009
OLTCHIM
Finance ministry willing to part with Petrom shares in return for Arpechim / New petrochemicals group could be created / Investment of EUR 500m required up to 2012
22.04.2009
NOVA CHEMICALS
Shareholders approve acquisition by IPIC
21.04.2009
SABIC
Distribution agreement with Ashland for North America
21.04.2009
FRENCH AUTOMOTIVE INDUSTRY
Peugeot alarmed by supplier situation / Crisis team is examining calls for assistance
21.04.2009
BOREALIS
Borouge 2.5m t/y expansion enters design phase
20.04.2009
EUROSTYLE
GMD acquires insolvent automotive supplier / Plans to cut 400 of the 1,030 jobs / Investment planned
20.04.2009
BASF
Acquisition of specialities producer Ciba completed
20.04.2009
SYMPHONY ENVIRONMENTAL TECHNOLOGIES
2008 results close to break-even / Gross margin doubled / Increasing network of distributors
17.04.2009
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