2:23 min
Facts & Figures
PolyOne announces first quarter 2010 expectations
Anticipate earnings per share before special items and tax adjustments of approximately $0.15 for first quarter 2010 versus First Call Consensus Estimate of $0.09 Positive impact of new business gains and improving demand dynamics expected to drive revenues above $600 million ...
7:38 min
Facts & Figures
LANXESS confident after strong final quarter 2009
Full-year sales 2009: EUR 5,057 million EBITDA pre exceptionals: EUR 465 million EBITDA margin pre exceptionals: 9.2 percent Net income: EUR 40 million “Challenge09-12”: EUR 170 million savings Proposed dividend 2009: EUR 0.50 per share ...
1:20 min
Facts & Figures
LANXESS adjusts 2009 earnings forecast
The specialty chemicals company LANXESS AG adjusted its earnings forecast for the business year 2009 after having a significantly better-than-expected fourth quarter, according to preliminary unaudited results. LANXESS now expects to achieve EBITDA pre exceptionals of EUR 450-470 ...
1:55 min
Management
Petcore’s new website at www.petcore.org went live at the beginning of this year
Our original website had served us well for the past 5 years but Petcore wished to take advantage of the latest developments in website technology to give our members and the public the latest information on PET[1] and PET recycling in a user-friendly format. Petcore members can now ...
1:16 min
Management
LyondellBasell preparing to stop PP production in Terni
LyondellBasell Industries today announced a project to cease the production of polypropylene (PP) at Terni, Italy. The company has started the employee consultation process regarding a project to permanently shut down the unit. “Demand for polypropylene continues to be affected by ...
1:17 min
Management
Stute is modernising its bottling operations
The food and beverage specialists Stute Nahrungsmittelwerke in Paderborn, Germany, rank among of Europe’s leading producers of dealer’s brands for soft drinks and sweet breakfast products. Their range of beverages includes classic varieties like fruit juices, ice tea and lemonades, ...
1:56 min
Management
Eastman wins patent infringement case filed by Wellman in September, 2007
Eastman Chemical Company (NYSE:EMN) said today that the United States District Court in Wilmington, Del., has ruled in favor of Eastman in a patent infringement lawsuit filed by Wellman, Inc. The court’s decision that held two Wellman patents invalid ended the case which was ...
2:20 min
Management
Bioplastics manufacturer FKuR expands to North America
At the beginning of 2010, FKuR Kunststoff GmbH (Willlich, Germany) began operations of its newly founded subsidiary, FKuR Plastics Corporation, in Cedar Park, Texas, USA with a team of 4 people. Mr. Patrick Zimmermann was appointed the President of FKuR Plastics Corp. and will also ...
2:10 min
Facts & Figures
LA SEDA DE BARCELONA obtains 371 million EURO for its PTA project in Sines
LA SEDA DE BARCELONA has signed a Project Finance for 371 million euros with a long term 15 year financing for its facilitiy in Sines, a Portuguese town in the south of Lisbon. The Project Finance for the chemical Corporation’s PTA plant is led by the Portugese bank Caixa Geral, ...