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Companies

13.02.2009 CADENCE INNOVATION  Magna subsidiary Decoma acquires all four European plants / US company close to being liquidated?

12.02.2009 LYONDELLBASELL  LDPE plants in UK and France “temporarily” idled

12.02.2009 CELANESE  Group sales down more than 25% in Q4 2008 / Ticona engineering polymers business moves deeply into the red

12.02.2009 BENTELER-SGL  Acquisition of Fischer Composites / Austrian plant to be extended / Fischer remains true to skis

12.02.2009 YANTAI WANHUA  Safic-Alcan appointed to distribute MDI products

12.02.2009 WITTMANN BATTENFELD  Companies join forces to create single UK presence

11.02.2009 ITALY  Collapse of PVC sector imminent? / Chain reaction threatens chemicals sector after deal between Ineos and Sartor falters

11.02.2009 BOROUGE  “Borouge 2” to start up on time / Contract with Spanish engineering group is renegotiated

11.02.2009 BORSODCHEM  Job cuts planned in Hungary

11.02.2009 BOREALIS  Sale of Italian melamine plant

10.02.2009 NOVA CHEMICALS  Fourth-quarter loss pulls spoils 2008 results, but strong demand seen in December / Ineos Nova jv in the red

10.02.2009 POLYTEC  Intex could axe 300 jobs / Short-time working for two months / OEM orders falling significantly

10.02.2009 GEOBRA BRANDSTÄTTER  Playmobil sales close to EUR 500m / Toymaker reports broad sales growth / German income slips / Cautious optimism for 2009

10.02.2009 EASTMAN  Loss reported for fourth quarter / Capacity utilisation expected to rise in first quarter

09.02.2009 INVISTA  PET plant in Germany to close at the end of March / Severance package for employees / “No other option”

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