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Companies

26.02.2009 THOMPSON TECHNIK  Two former businesses bought out of administration

26.02.2009 CLARIANT  Masterbatches especially hard hit by demand slump / Job cuts and cash generation are 2009 focus

26.02.2009 EVONIK  Expanding capacity for high-performance polyamides in Witten

26.02.2009 FOAMEX  Second entry into chapter 11 protection

26.02.2009 HUSKY  Large press production in Luxembourg to close / European distribution will remain unchanged

25.02.2009 ORGANIC LIGHT-EMITTING DIODES  First OLED TVs in Germany / Displays are getting bigger / OLED lights coming soon / New lighting concepts offer opportunities for plastics converters

25.02.2009 DSM  Performance materials sees 40% profit fall

25.02.2009 NOVA CHEMICALS  Abu Dhabi state investment firm IPIC in USD 2.3 bn friendly takeover bid / Deal includes credit backstop

25.02.2009 GEIGER TECHNOLOGIES  Restructuring of R&D activities / 157 jobs to be lost / Concrete talks with buyers

24.02.2009 SEB  Further job cuts in Germany / Staff reductions at French steam iron facility as well

24.02.2009 TICONA  Short-time working and job losses at POM market leader

24.02.2009 OLTCHIM  Chemicals group doubled its losses in 2008 / Debt exceeds EUR 400m

24.02.2009 LYONDELLBASELL  US court to decide on European creditor protection this week / CFO says bond interest payment unsure

24.02.2009 ENGEL  Short-time working for three months from 1 April / Temporary lay-offs / Incoming orders evidently down significantly

23.02.2009 MERIDIAN  SMC production facility to be built in Mexico

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