1:50 min
Management
Eastman Sells PET, PTA Assets in Europe
Eastman Chemical Company (NYSE:EMN) today announced it has completed the sale of its European PET and PTA assets to Indorama. Included in the sale are Eastman’s PET facility and related businesses in the United Kingdom and its PET and PTA facilities and related businesses in the ...
2:40 min
Management
PolyOne introduces the specialty engineered materials segment
PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and solutions, announced today it is introducing Specialty Engineered Materials as a new reportable segment. Specialty Engineered Materials includes the business of the recently ...
2:23 min
Management
LA SEDA DE BARCELONA launches a project to optimize the group's production processes
Now in March LA SEDA DE BARCELONA is about to finish the building of the new polygeneration plant –Artenius Prat factory in El Prat de Llobregat, which is expected to be opertional by April. With the new polygeneration plant will reduce energy costs by 30% -about 3 million euros a ...
2:20 min
Management
Eastman Expanding Eastman Tritan™ Copolyester Capacity
Eastman Chemical Company (NYSE:EMN) announced today it is investing in commercial scale operations that will expand production capacity for Eastman Tritan™ copolyester products at its facility in Kingsport, Tenn. The expansion project, expected to be completed by late 2009, includes ...
2:19 min
Facts & Figures
Krones publishes provisional figures for the 2007 business year
In the 2007 business year, Krones AG, the world’s market leader for beverage filling and packaging technology, has achieved new records for all significant statistics, according to the provisional figures. In comparison to the preceding year, sales were up by 12.8 % at 2,156.0 ...
2:45 min
Management
Socrates and Espagnol set off an investment of 400 million Euros in Portugal
The Prime Minister of the Portuguese Government, José Sócrates, and the President of LA SEDA DE BARCELONA, Rafael Español, have set off today – laying of the first stone – an investment of 400 million euros aimed at building a PTA plant in Sines’ petrochemical industrial park ...
2:45 min
Facts & Figures
Borealis’ innovation capability drives strong financial performance
Borealis gibt für 2007 ein starkes Nettoergebnis von EUR 533 Millionen im Vergleich zu EUR 327 Millionen im Vorjahr bekannt. Dies bedeutet eine Steigerung von 63% (29% ohne den Einmalertrag aus dem Verkauf der Anlage in Norwegen). Dieses Ergebnis entspricht einer Kapitalrendite ...
1:35 min
Management
Borealis creates Science and Technology Advisory Board
Borealis, a leading provider of innovative, value creating plastics solutions, announces the creation of a Science and Technology Advisory Board to provide further impetus to its step change in innovation programme. The new board’s activities will be coordinated by Walter Kadl, a ...
2:22 min
Management
Nampak Liquid is packaging excellence in project planning
Meticulous planning, good communication and brilliant teamwork and support are at the heart of an 11-week project, which saw Nampak Liquid move its entire PET production facility from Isando on the East Rand to Industria, west of Johannesburg's CBD.Better product quality was the ...
7:80 min
Facts & Figures
Clariant FY Results: Good Sales Growth and Substantially Increased Cash Flow
Jan Secher, CEO of Clariant, commented:“We have progressed in building momentum in operational performance and we have significantly improved our cash flow, although profitability was impacted by higher raw material and energy costs as well as unfavorable currency movements. We ...