LyondellBasell Industries today announced that LyondellBasell Industries AF S.C.A. has been voluntarily added to Lyondell Chemical Company's reorganization filing under Chapter 11 of the U.S. Bankruptcy Code to protect the European holding company against claims by certain financial ...

LyondellBasell today announced that it has increased its fixed-cost reduction target to $700 million by year-end 2010. The new target is part of a total performance improvement plan of $1.3 billion, which also encompasses variable and energy cost reductions, as well as revenue ...

Key figures for 2008 compared with 2007: Operating cash flow (EBITDA) : EUR 31.8 million (+ 40%) Recurrent Operating cash flow (REBITDA) : EUR 26.4 million (+ 16%) Net Financial Debt : EUR 34.3 million (minus EUR 16.3 million) Ratio Net Financial Debt ...

The combined forces of the economic downturn and environmental pressures are causing a sharp slowdown in the global bottled water market, according to a recent analysis by global beverage industry specialists, Canadean. The situation is most marked in the USA, where Canadean is ...

Krones AG, the world’s market leader for beverage filling and packaging equipment, has yet again turned in a very good result for the 2008 business year, as demonstrated by the provisional figures involved. Consolidated sales were up by 10.5 % over the previous year, to reach 2,381.4 ...

LA SEDA DE BARCELONA HAD AGGREGATE SALES OF MORE THAN €1.9 BILLION IN 2008 The company sets aside €139 million for the group’s subsidiaries Cash at the end of the year amounted to €33.6 million EBITDA of €78.4 million reinforce the chemical group’s solvency LA SEDA DE ...

Specialty chemicals group LANXESS AG responds to the global economic crisis by taking further measures. “We have decided to put off some investment projects given the decline in demand for chemical products we are seeing throughout the world. In addition, this will ensure the ...

During the first nine months of 2008 Krones remained on course for growth, despite the cyclical downturn. On a like-for-like basis, sales rose by 12.5 % to reach Euro 1,765.9 m. During the period under review, the company benefited from the increasing number of clients looking for ...

Krones AG, the world’s market leader for beverage filling and packaging technology, smoothly progressed its vigorous growth during the first half of 2008. Sales were up by 14.3 % on the preceding year’s figure, from 1,053.9 to 1,204.9 million euros. Order bookings rose by 12.0 % to ...

Erema, the Austrian manufacturer of plastic recycling systems, ended its 2007/2008 fiscal year on 31 March this year, once again with record turnover figures. The figure for consolidated turnover achieved by the Erema Group, comprising Erema Engineering Recycling Maschinen und ...