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Companies

28.05.2009 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

27.05.2009 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

26.05.2009 INEOS  Creditors likely to extend covenant waiver / Two-thirds must approve debt restructuring / CFO hints at sell-offs

26.05.2009 ITALY  Vinyls Italia may seek “extraordinary administration” / Minister meets with ENI in yet another crisis session

26.05.2009 OWENS CORNING  Gazechim acquires European distribution business

26.05.2009 BORSODCHEM  Films producer Ongropack divested / Withdrawal from processing activities continues

25.05.2009 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

22.05.2009 LYONDELLBASELL  Distribution in Turkey to become more flexible / New regional storage warehouse

22.05.2009 NETSTAL  Plans to cut up to 60 more jobs / Order intake down 30%

22.05.2009 EUROSTYLE  Spanish and Brazilian operations to be renamed / Positive performance in 2008 / Little short-time working, no job losses

21.05.2009 PEOPLE  Roland Roth appointed new CEO of RKW / “Differences of opinion” with Werner Feistkorn

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