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Companies
UPONOR
Ochtrup facilities to cut 80 jobs / Plant closures in Sweden and Canada / Market conditions have worsened since inception of cost-cutting plans
25.11.2008
NEGRI BOSSI
Losses continue to mount unchecked / Ambitious reorganisation to follow complete takeover by Sacmi
25.11.2008
BAYER MATERIALSCIENCE
Idling of up to 25% of PC capacity
24.11.2008
LYONDELLBASELL
Demand crisis forces wide-sweeping cost control measures / Plant closures and job cuts / Liquidity tight through Q1 2009
24.11.2008
BASF
“Definitive final result” shows Ciba stake at almost 95%
24.11.2008
ARKEMA
Operating profits up 5.5% in third quarter 2008
24.11.2008
LA SEDA
Financing obtained for Portuguese PTA plant / Interquisa acquisition finally falls through
21.11.2008
ALPHACAN
Sanitary and heating pipes business divested
21.11.2008
GLAXOSMITHKLINE
Nutritional healthcare bottles to be made on site
21.11.2008
BASF
“Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”
20.11.2008
INEOS
Waiver of debt covenants sought as demand crashes / Debts four times EBITA / Crotty “battening down the hatches”
20.11.2008
ALBIS PLASTIC
New distributor for BASF polymers in Benelux and France
20.11.2008
ARKEMA
PVC technology agreement with Aker Solutions
20.11.2008
GEIGER TECHNOLOGIES
Application filed for insolvency / Sintex reported to have missed EUR 3.2m payments
19.11.2008
PETROCHEMICAL MARKETS
Bayer MaterialScience: Force majeure for PU components in North America lifted
19.11.2008
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