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Processing

21.08.2008 MECELEC  Supplier to French electricity and gas sector files for protection from creditors

20.08.2008 ATLANTIS PLASTICS  Plastics converter to be broken up / Buyers found for plastics film and injection moulding divisions / Transactions to be closed in October

18.08.2008 SCHWARTZ  Insolvent semi-finished plastics manufacturer Global EPP acquired / Over 80 UK jobs saved

18.08.2008 SOUDAL  Belgian rigid PUR foam specialist to invest EUR 10m in new production unit in Poland

18.08.2008 HUHTAMAKI  Up to 60 jobs to go at rigid packaging unit

15.08.2008 LINPAC PACKAGING  Acquisition of the leading packaging distributor in Portugal / UK investment in machinery to support production of recycled PET packaging

15.08.2008 WEBASTO  Investment in a second production cell for polycarbonate glazing / Orders increase

14.08.2008 UPONOR  Over 200 jobs to be shed as part of cost-cutting drive / Sharp drop in sales and earnings in first six months of 2008 / Company expects full-year income and profits to fall short of 2007 levels

12.08.2008 MAGNA  Continuation of expansion in Russia / Acquisition of supplier Technoplast

11.08.2008 TUPPERWARE  New sales record in 2007 / Growth in all regions / Strongest increase in Asia-Pacific / Household products remain largest business segment

08.08.2008 PORTOLA PACKAGING  Principal lenders agree to restructuring to cut debt by USD 180m / Minnesota investment firm to take control / “Pre-packaged” Chapter 11 filing

07.08.2008 PLIANT  Films jv with Russia's Nova Roll / USD 25m to be invested in expansion at Moscow plant

07.08.2008 VISIOCORP  Joint venture with Huaxiang starts Chinese mirror plant

07.08.2008 VEKA UMWELTTECHNIK  Second recycling line for PVC window profiles / Capacity reaches 50,000 t/y

06.08.2008 SEALED AIR  Rising raw material costs hit profits / Cost reduction plan may lead to 1,000 job losses

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