The figures at Krones, the world’s market leader for beverage filling and packaging technology, were hit by the cyclical downtrend in the first half of 2009. Thanks to its eminently sound financial and balance-sheet structure, however, Krones is able to cope significantly better with ...

LyondellBasell Industries today announced that its Supervisory Board has named Kent Potter as Chief Financial Officer, effective August 1. Potter will succeed Alan Bigman who will be offered an opportunity to continue assisting in the company's Chapter 11 restructuring ...

PolyOne Corporation today announced that recent developments between PolyOne Distribution and several major resin suppliers are creating an expanded portfolio of solutions for its customers.Over the past few months, PolyOne Distribution announcements have included: Exclusive U.S. ...

La Seda de Barcelona has given the green light to production restart at its plant in El Prat de Llobregat. Industrial activity has been today set out and will be gradually increasing to reach 100% of its installed capacity. While IQA Tarragona is working at normal course, the Catalan ...

Cargill announced today that it will assume full ownership of NatureWorks LLC, as part of Teijin Limited’s general portfolio restructuring in response to the global economic downturn. Previously a 50-50 joint venture, NatureWorks is now an independent company wholly owned by ...

BASF reorganizes its Petrochemicals division effective July 1, 2009. The future organization consists of four (formerly six) business units. The optimized organizational structures will lead to higher efficiency and effectiveness and will open up potentials to even better serve ...

As of 1 July, Heinz Klausriegler is taking over general management at Mould & Matic Solution, based in the Upper Austrian town of Micheldorf. The previous General Manager Erwin Altendorfer is leaving the company for personal reasons to take on new challenges. Klausriegler is to ...

Constar International Inc., a leading global producer of PET (polyethylene terephthalate) plastic containers for food and beverages, announced that the Company and its affiliated debtors completed their financial restructuring and successfully emerged from Chapter 11 on Friday, May ...

Husky Injection Molding Systems is committed to helping customers achieve and sustain the lowest total part cost throughout the entire product lifecycle. By implementing Husky Services, PakTech was able to increase productivity by 50% while reducing annual energy costs by ...

LyondellBasell Industries today 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 ...