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Companies

29.01.2009 DECEUNINCK  Cost optimisation initiatives accelerated

29.01.2009 PLASTIC OMNIUM  Production expected to fall 50% in first half of 2009 / Losses, job cuts and short-time working

28.01.2009 DOW  Rohm & Haas seeks USD 15 bn for breach of contract / Kuwait deal collapse cited for takeover delay

28.01.2009 HUNTSMAN  Over 1,600 jobs will go in cost cutting initiative / All divisions affected / Capital spending cut 45%

28.01.2009 WEIDMANN / WICOR  Automotive components activities consolidated in Switzerland / Growth in medical technology

28.01.2009 A. SCHULMAN  Distribution pact with Cereplast for bioresins / “Accelerate adoption in Europe”

28.01.2009 BOREALIS  “Mobility” unit established to serve auto sector

27.01.2009 BAYER MATERIALSCIENCE  Talks with German workforce on response to market crisis / Some 1,500 of 5,500 jobs could be affected

27.01.2009 ELRINGKLINGER  Cost-cutting measures introduced for 2009 / Short-time working from February / Drastic cut in capital expenditures / Economic recovery not expected before mid-2009

27.01.2009 DOW  US regulatory authority approves Rohm & Haas takeover plan / Two-day closing ruled out

27.01.2009 ARBURG  Office opens in Dubai / Participation in “Arabplast”

26.01.2009 LEONI  Romanian plant closure hits 230 jobs

26.01.2009 BOREALIS  Sirmax appointed as distributor in Italy

26.01.2009 YUE YUEN  Olympic Games boost for sports shoe manufacturer

23.01.2009 TOTAL PETROCHEMICALS  Styrene expansion at Gonfreville started up

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