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Processing

18.08.2009 QUADRANT  Directors declare “done deal” / Offer falls slightly short of target / Final tender deadline is 26 August

18.08.2009 NAMPAK PLASTICS  Eighty jobs axed at UK production site / Downturn in liquid milk market

13.08.2009 FHS GROUP  Reflex Mouldings bought out of administration / All jobs saved

12.08.2009 HFW PLASTICS  Buyer sought for UK thermoformer / Fall in orders forces food packaging supplier into administration

12.08.2009 PAKPEN  Turkish profile and pipe producer installs 12 new KraussMaffei extrusion lines

11.08.2009 ZOTEFOAMS  Sales and profit decline in first half 2009 / Volumes down by 30% in “very difficult market conditions”

10.08.2009 HUHTAMAKI  Disposal of South African rigid packaging unit / Sale supports strategic review and realignment of business

07.08.2009 CEDO  Acquired by UK private equity partnership / Wide-ranging operational improvements planned

05.08.2009 SHARP INTERPACK  Assets and order book of UK thermoforming plant acquired from Rexam

04.08.2009 REXAM  Downturn in plastic packaging / Lids and personal care markets suffer / First half 2009 group profits reduced despite strong cash flow

03.08.2009 WOLF-GARTEN  MTD to acquire insolvent German garden tool producer / Future of plastics processing unclear

30.07.2009 TREOFAN  Financial restructuring agreement reached / Debt for equity deal to close by the end of October 2009

29.07.2009 HAPPICH  Commercial vehicle component supplier files for insolvency / Italian group companies unaffected

28.07.2009 PLASTAL  Creditors give go-ahead light for sale of most German plants / Separate Belgian-Scandinavian group formed

24.07.2009 MECAPLAST  Further major job losses at French automotive supplier / Up to 1,050 positions may be cut

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