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Processing

03.06.2009 FOAMEX  Company now in the hands of its principal lenders / Private equity firms win second bankruptcy auction

02.06.2009 POLYTEC  Swedish production site to close / OEM supplier says additional plant shutdowns are to come

02.06.2009 MANN+HUMMEL  Production to be stepped up in the US / New order for Chevrolet “Volt” hybrid vehicle

02.06.2009 HTI  Last-minute financing agreement reached with banks / Head of plastics processing to leave

28.05.2009 DELBROUCK  Plastic crate producer insolvent / Negotiations with investors / Short-time working introduced in January

28.05.2009 AKSYS  Auto supplier insolvent / German government and reconstruction bank deny aid / Nearly 2,000 jobs at risk

27.05.2009 PLASTIVALOIRE  Union announces takeover of Key Plastics France / Slovak plant included in deal / Final decision this week

27.05.2009 DECEUNINCK  Long term framework agreement reached with lenders / Loans restructuring / EUR 85m capital increase / Sales fall 25% in first quarter of 2009

26.05.2009 BORSODCHEM  Films producer Ongropack divested / Withdrawal from processing activities continues

25.05.2009 BPI  Improved financial performance expected in first half of 2009 / Small UK production site closed

22.05.2009 EUROSTYLE  Spanish and Brazilian operations to be renamed / Positive performance in 2008 / Little short-time working, no job losses

21.05.2009 PEOPLE  Roland Roth appointed new CEO of RKW / “Differences of opinion” with Werner Feistkorn

20.05.2009 ESSEL PROPACK  Takeover of Betts planned? / Indian rumours denied

20.05.2009 NOVENTA  A successful year for this outsourcing service-provider / Extension of Swiss base / New site in Asia

18.05.2009 ALCAN  Turkish PVC film business sold to Yildiz

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