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Markets

19.05.2005 RENOLIT  Planned acquisition of industrial films from Solvay / Sales turnover is set to double

05.05.2005 AUSTRIA  Injection moulding industry consumes 22% of plastics output / Move eastward / AMI study

05.05.2005 KATOEN NATIE  Plans to expand Italian logistics centre at Cremona / Capacity is to be doubled

05.05.2005 TREXEL  “Mucell” process increases market penetration

05.05.2005 SYMPHONY  Further loss despite improved sales / Wider distribution / EPI wins right to legal appeal

05.05.2005 ELECTROLUX  Plant closures and job losses in Europe / Plans for standard components and fewer suppliers

05.05.2005 OPTICAL STORAGE MEDIA  Singulus expects market to remain weak / Steag Hamatech reports loss for 2004

05.05.2005 COMPOSITES  Optimistic mood most prominent feature of JEC exhibition / Growth of 3% worldwide expected / Only 65% capacity use in Europe / Focus on process engineering / Recycling via “Green Label”

05.05.2005 UK PROCESSING SECTOR  Higher prices hit profits / Companies expect to build stocks / Money for increased capacity

05.05.2005 HEXION  Borden, Resolution and Bakelite merger / New market leader for thermosetting resins created

05.05.2005 BASF  US and Canadian polystyrene business sold to Ineos / One plant and 140 staff will transfer

05.05.2005 MCKECHNIE GROUP  Acquired by UK investment company / Teams up with world leader in precision die castings

21.04.2005 LANXESS  Plans to shut down styrenics production in Germany or Spain / Some 400 jobs at stake?

21.04.2005 HEYWOOD WILLIAMS  Restructuring completed / Group back in profit / Higher losses in Plastic Systems division

21.04.2005 ERIE PLASTICS  Expansion in Hungary / European capacity doubled / Focus on packaging market

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