Bankruptcy of Plastal
Swedish auto supplier Plastal has filed for bankruptcy, citing a “severe liquidity crisis” due to problems in both the auto industry and distressed financial markets.
Swedish auto supplier Plastal has filed for bankruptcy, citing a “severe liquidity crisis” due to problems in both the auto industry and distressed financial markets.
In spite of the financial crisis, Superfos will keep on developing new product solutions and remains optimistic about the year ahead.
The Materials Handling Competence Center of Coperion, formerly Coperion Waeschle, has signed a mutually exclusive cooperation agreement with inconso AG, Bad Nauheim, Germany.
Bayer has reported a 58% hike in its Q4 net profit, despite difficult market conditions, and said it expects future growth for its healthcare and farming science divisions during 2009. However, the company revealed a disappointing drop in earnings for its material science business, which includes plastics and sealants.
Illig, manufacturer of thermoforming machines, welcomed more than 100 participants from the whole European market on occasion of the company's Presentation Days, January 27 and 28, 2009.
The soft drink "Key", produced by Rhodius Mineralquellen, is a healthy innovation on the German drinks market.
There are small signs that growth is remaining in some parts of Europe’s self-adhesive label industry –principally Central, South and Eastern Europe – but it is much reduced from the heady years of 2006 and 2007.
Coca-Cola Bottling System has benefited from the expertise of Sidel’s worldwide network for the manufacture of approximately 2,000 blow molds for its new On-the-Go bottle.
After six years of growth in a row, the German construction equipment and building material machinery industry expects to see an end to the construction boom in 2009.
Alcan Packaging has sold its Arras food flexible packaging plant in northern France to Plastienvase Francia Sarl, a 100% subsidiary of Plastienvase S.A. based in the Cordoba region of southern Spain. Terms of the sale were not disclosed
Upakovka/Upak Italia: Even in hard times, the Russian packaging market offers a wealth of opportunities. Moscow trade fair records high levels of visitor interest and satisfied international exhibitor companies.
The Brussels-based plastics processors association EuPC has told EU officials that financial support for the automotive industry needs to be extended to component suppliers.