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Companies
CEREPLAST
Plan to cease manufacturing / Production to be contracted out / Development strengths leveraged
02.06.2009
HTI
Last-minute financing agreement reached with banks / Head of plastics processing to leave
02.06.2009
MILACRON
Monthly report for April reveals the severe pressure facing machinery manufacturer
29.05.2009
NAMPAK
Profits fall despite revenue increase / Lower income from European bottle business / Reduced capital expenditure
29.05.2009
POLIMERI
Plans to increase PE production in France
29.05.2009
BOROUGE
Polyolefins expansion progressed in UAE / Compounding plant planned for Shanghai
28.05.2009
DELBROUCK
Plastic crate producer insolvent / Negotiations with investors / Short-time working introduced in January
28.05.2009
AKSYS
Auto supplier insolvent / German government and reconstruction bank deny aid / Nearly 2,000 jobs at risk
28.05.2009
PLASTIVALOIRE
Union announces takeover of Key Plastics France / Slovak plant included in deal / Final decision this week
27.05.2009
DECEUNINCK
Long term framework agreement reached with lenders / Loans restructuring / EUR 85m capital increase / Sales fall 25% in first quarter of 2009
27.05.2009
INEOS
Creditors likely to extend covenant waiver / Two-thirds must approve debt restructuring / CFO hints at sell-offs
26.05.2009
OWENS CORNING
Gazechim acquires European distribution business
26.05.2009
BORSODCHEM
Films producer Ongropack divested / Withdrawal from processing activities continues
26.05.2009
DSM
“Stanyl” capacity to quadruple at Sittard plant
25.05.2009
BPI
Improved financial performance expected in first half of 2009 / Small UK production site closed
25.05.2009
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