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Companies

12.03.2007 BASELL  European business reorganised / Brussels office closes / Functions redistributed

12.03.2007 HUNTSMAN  PU jv established in Russia with NMG

12.03.2007 SMS  Extrusion groups sold to private equity investor / Combined turnover of EUR 200m

12.03.2007 RESIN EXPRESS  Distribution deal with Ticona for central and eastern Europe

09.03.2007 SABIC  Planned petchems plant may be shifted from China / Delays by Beijing authorities blamed

09.03.2007 DOW  South African PE, PP firm sold to private equity / No backward integration

09.03.2007 KUMHO MITSUI  MDI capacity to double to 130,000 t/y

08.03.2007 GE PLASTICS  Bidding consortia shaping up / Koch Industries believed to be bidding with Blackstone

08.03.2007 PERLOS  End of mobile phone moulding in Finland / Over 1,100 jobs to go / New regional structure

08.03.2007 MITSUI CHEMICALS  Reorganisation aimed at accelerating earnings growth / Financial and environmental targets

08.03.2007 VERIPLAST  Restructuring may cost 85 jobs in UK / Shift of focus to higher value products

08.03.2007 BIAXIS  Two new BOPA film grades / Oxygen barrier and high-shrink film

08.03.2007 RELIANCE INDUSTRIES  EUR 2.28 bn investment in 2m t/y integrated cracker and petrochemicals complex in India

07.03.2007 TICONA  World-scale LCP and POM plants in Asia

07.03.2007 ELASTOGRAN  Sales increase 13% to EUR 2.08 bn / High raw materials costs restrict profit growth

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