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Company news, polymer materials
HUNTSMAN
Hexion merger plans “buried” for USD 1 bn in compensation / Out-of-court settlement / Billion-dollar litigation with banks still in play
 		16.12.2008
DOW
Three plants at Terneuzen to close in restructuring plan
 		16.12.2008
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
CLARIANT
Capacity cutbacks planned / Wage freeze in Switzerland / Short-time working in Germany
 		12.12.2008
INEOS
Lenders approve request for debt covenant waiver
 		12.12.2008
DOW
Permanent workforce to be cut by 11% / Plans to close 20 plants and idle 180 / “Non-strategic” businesses will be divested
 		11.12.2008
PLASTIC ENGINEERING ASSOCIATES
European licence for "Turbo-Screws" PLA foam production technology
 		10.12.2008
K.D. FEDDERSEN
Northern Europe expansion continues after Swedish buy
 		10.12.2008
DUPONT
Downturn in construction and auto sectors leads to 2,500 job cuts / Loss predicted for fourth quarter
 		09.12.2008
OLTCHIM
Privatisation on ice for now / Bailout package to be presented to EU / Acquisition of Arpechim moving ahead
 		09.12.2008
EMS
PA producer extends Christmas break to mid-January / Slump in consumer spending has “historic proportions”
 		08.12.2008
VICTREX
Profit warning issued / Massive decline in orders in November / No improvement expected in December
 		08.12.2008
RHODIA
R&D centre opens in Shanghai / Engineering plastics a focus
 		08.12.2008
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