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Companies

11.03.2009 HUNTSMAN  Fourth quarter “most challenging in the history of our industry” / 13% drop in MDI volumes

11.03.2009 SHARP INTERPACK  GBP 3m investment in processing of rPET / Thermoformed trays meet all EU food contact requirements

10.03.2009 DOW  Delayed takeover of Rohm & Haas sealed / Closing on 1 April 2009 / Price unchanged, but deal restructured

10.03.2009 BORSODCHEM  Job cut plan suspended following government intervention

10.03.2009 GREINER  Good overall performance in 2008 despite the downturn in Q4 / Diversification and sound equity base are paying off

09.03.2009 PLASTAL  German holding files for insolvency / Fate of subsidiary Menzolit, French and Spanish companies unclear

09.03.2009 LA SEDA  Plant closure after 2008 losses / Acquisition spree Ended / PET merger with Indorama not yet clear

09.03.2009 A. SCHULMAN  International realignment as 2009 guidance withdrawn

09.03.2009 POLYNORM  Voestalpine fails to sell plastics operations / Deal with Inteva falls through due to automotive crisis

09.03.2009 BRITISH POLYTHENE INDUSTRIES  Decline in volume sales and profitability / Continuing programme of capital expenditure

06.03.2009 PLASTAL  Swedish holding files for insolvency / Some of Dynamit Nobel businesses likely to be affected

06.03.2009 NIZHNEKAMSKNEFTEKHIM  Start-up of PE production / Total polymer capacity now 600,000 t/y / Industrial park

06.03.2009 CONSTANTIA PACKAGING  Danapak Flexibles jv to be dissolved / Partner Arla Foods takes over two of the three packaging plants

06.03.2009 WAVIN  Building market collapse hits sales and earnings

06.03.2009 STANKIEWICZ  Company will continue to operating during insolvency proceedings / Agreement with OEMs / Job cuts inevitable

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