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Regions and Countries

23.12.2008 EQUISTAR  Second Texas olefins unit temporarily idled

23.12.2008 FREEFOAM PLASTICS  Purchase of Chemix PVC mixing plant / Start-up underway / Equipment likely to be transferred

23.12.2008 AUTOMOTIVE SUPPLIERS  CLEPA: European companies need over EUR 25 bn / Bailout funds in Germany and France

22.12.2008 KEY PLASTICS  US auto supplier files for Chapter 11 / Plant closures in North America / No impact on European operations

22.12.2008 AUTOMOBILE PARTS  WTO rules that China must lower tariffs

19.12.2008 PETROCHEMICAL MARKETS  Porto Marghera shut down completely until January / First time in the history of the Italian complex

18.12.2008 PLASTIC OMNIUM  French OEM supplier accelerates cost-saving scheme / Bumper plant at Saint-Romain to close with job losses

17.12.2008 RÖCHLING  Further acquisition in the smartcard segment / First company in Mexico

17.12.2008 MOLD-MASTERS  Expansion of sales network in France

16.12.2008 HUNTSMAN  Hexion merger plans “buried” for USD 1 bn in compensation / Out-of-court settlement / Billion-dollar litigation with banks still in play

12.12.2008 NEGRI BOSSI  First restructuring steps / BM Biraghi site closed / Closer cooperation with Sacmi Plastics in foreign markets

11.12.2008 BTV PLAST  Takeover by private equity investor Benson Oak

10.12.2008 RANGER  French injection moulder slashes 80 jobs

10.12.2008 K.D. FEDDERSEN  Northern Europe expansion continues after Swedish buy

09.12.2008 MAGNA  Closure of manufacturing units in Canada / About 1,110 jobs affected

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