LyondellBasell plans European plant closures
LyondellBasell has turned its attention to its European polyolefins operations as part of its plan to restructure and deal with a $23bn debt burden.
LyondellBasell has turned its attention to its European polyolefins operations as part of its plan to restructure and deal with a $23bn debt burden.
Using carton packaging saves CO2 emissions and fossil resource consumption by up to 60 per cent.
LyondellBasell Industries, the world’s largest polyolefins maker, has gained an additional owner in German investor Andreas Heeschen.
LyondellBasell Industries announced that its Supervisory Board has named James L. (Jim) Gallogly chief executive officer, effective immediately. Gallogly will succeed Volker Trautz who has announced his retirement from the company. The terms of the appointment are subject to the approval of the U.S. bankruptcy court overseeing LyondellBasell's reorganization plan.
Sarlink has officially opened a new production facility in Genk Belgium. The new plant will double Sarlink’s global capacity and provide the company with a timely expansion as Thermoplastic Vulcanisate (TPV) material solutions are becoming more popular than ever, thanks to the material’s unique balance of properties and benefits.
Following the successful completion of the feasibility study announced last year, Borouge, a leading provider of innovative, value creating plastics solutions, has decided to enter the FEED (front-end engineering and design) stage of its Borouge 3 project.
Milacron announced today that, despite the current economic conditions and recent withdrawals by several major plastics industry players, it will maintain its commitment to customers and the industry with continued involvement in NPE 2009.
PlastIndia 2009, the 7th International Plastics Exhibition & Conference organized by PlastIndia Foundation, the apex body representing India's plastics industry has witnessed a thumping success: un-precedented in the annals of PlastIndia Exhibition & Conference. The World's 2nd largest exhibition and conference brought together the who's who of the plastics industry on one platform resulting into exchange of expertise, technology know how, and innovations.
LyondellBasell is to end the production of LDPE at Fos-sur-Mer, France. The unit has been partially idled since March and the company has started the employee consultation process regarding a project to shut down the unit permanently. The plant currently has 80 permanent employees.
Greiner Extrusion and KraussMaffei Berstorff are to pull on a single rope together in future. The two companies see the promise of powerful headwinds behind them in the current stormy market situation for extrusion plant as a result of their shoulder-to-shoulder stand.
Plastics processing machinery producer Krauss-Maffei is looking to lay off 10% of its 2,000 staff, with negotiations already underway with the works council in Munich.
The wire and cable processing industry at wire 2010 in Düsseldorf.