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Middle East Conflict
Latest news and market reports on the impact on the plastics industry
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Companies
CLARIANT
Another 1,000 jobs to go as downsizing continues / “Dramatic deterioration of demand” in Q4 2008
29.01.2009
DECEUNINCK
Cost optimisation initiatives accelerated
29.01.2009
PLASTIC OMNIUM
Production expected to fall 50% in first half of 2009 / Losses, job cuts and short-time working
29.01.2009
DOW
Rohm & Haas seeks USD 15 bn for breach of contract / Kuwait deal collapse cited for takeover delay
28.01.2009
HUNTSMAN
Over 1,600 jobs will go in cost cutting initiative / All divisions affected / Capital spending cut 45%
28.01.2009
WEIDMANN / WICOR
Automotive components activities consolidated in Switzerland / Growth in medical technology
28.01.2009
A. SCHULMAN
Distribution pact with Cereplast for bioresins / “Accelerate adoption in Europe”
28.01.2009
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
ELRINGKLINGER
Cost-cutting measures introduced for 2009 / Short-time working from February / Drastic cut in capital expenditures / Economic recovery not expected before mid-2009
27.01.2009
DOW
US regulatory authority approves Rohm & Haas takeover plan / Two-day closing ruled out
27.01.2009
ARBURG
Office opens in Dubai / Participation in “Arabplast”
27.01.2009
LEONI
Romanian plant closure hits 230 jobs
26.01.2009
BOREALIS
Sirmax appointed as distributor in Italy
26.01.2009
YUE YUEN
Olympic Games boost for sports shoe manufacturer
26.01.2009
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