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M&G Group
JBF INDUSTRIES
Ambitious PET group collapses / GAIL takes over in India / Fate of Belgian plants unknown
09.11.2023
PET
Global consolidation gathers speed after many years of overcapacities / Margins already on the up / Switch to more virgin material in China as "collateral damage" from new recycling policy
11.05.2018
CC POLYMERS
Court approves PET jv of partners Alpek, Indorama and Far Eastern in Corpus Christi
27.04.2018
MOSSI & GHISOLFI
Creditors Indorama, Far Eastern and Alpek to buy Corpus Christi PET plant / Consortium will pay USD 1.1 bn / Deal includes intellectual property
27.03.2018
MOSSI & GHISOLFI
Alpek provides credit for Altamira PET plant / Second lien / Feedstock unpaid
18.01.2018
NOVAMONT
Upgraded “Origo-Bi” biopolyester plant in Italy to start in Q1 2018 / Output doubled to 100,000 t per year
06.12.2017
M&G CHEMICALS
US subsidiary enters Chapter 11 / Worldwide production halted / Follow-up
27.10.2017
M&G CHEMICALS
Italian PET group in great difficulty / US subsidiary collapsing due to liquidity problems / Production stopped / Construction work in Corpus Christi also halted
26.09.2017
M&G CHEMICALS
Increase in PET capacity at Corpus Christi plant / Total output to reach over 1.1m t/y
25.01.2016
PET
US authorities investigate alleged dumping practices from Canada, China, India and Oman / Initial probe results to be published in August
25.06.2015
M&G CHEMICALS
PET group receives USD 300m capital injection / TPG investor acquires minority stake
20.11.2014
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