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Companies

05.06.2009 DELPHI  Auto supplier to emerge from bankruptcy / Global operations sold for USD 3.6 bn to Platinum Equity / General Motors to buy five critical parts facilities

05.06.2009 VISTEON  Auto supplier files for Chapter 11 reorganisation in US / Ford supports debtor-in-possession facility

04.06.2009 DOW  Polystyrene plant in Bilbao to close in Q3

04.06.2009 SUMITOMO DEMAG  Production restructured / German sites will play bigger role / Indian share of joint venture is sold to partner

03.06.2009 DSM  Swap of PC for Mitsubishi's PA / Deal to close by year's end / Compounding arrangement included

03.06.2009 GEORG FISCHER  Job cuts in Piping Systems at the Schaffhausen site / Expansion plans to go ahead

03.06.2009 FOAMEX  Company now in the hands of its principal lenders / Private equity firms win second bankruptcy auction

02.06.2009 POLYTEC  Swedish production site to close / OEM supplier says additional plant shutdowns are to come

02.06.2009 MANN+HUMMEL  Production to be stepped up in the US / New order for Chevrolet “Volt” hybrid vehicle

02.06.2009 DOW  MDI expansion starts up at Estarreja

02.06.2009 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

29.05.2009 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

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