2:32 min Regions
New world packaging machinery study
World demand for packaging machinery is forecast to grow 5.2 percent annually through 2012 to almost $40 billion. Product sales will be spurred by rising economic output and improved standards of living, resulting in increased consumer spending, manufacturing activity and associated ...
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3:34 min Management
LyondellBasell’s U.S. Operations and one of its European Holding Companies File Chapter 11 to Restructure Balance Sheet
LyondellBasell Industries announced today that, in order to facilitate a restructuring of its debts, its U.S. operations and one of its European holding companies have voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The company also announced that, ...
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3:20 min Management
Constar International Inc. Receives Delisting Notice from NASDAQ Stock Market
Constar International Inc. (NASDAQ: CNST) today announced that on December 30, 2008, the Company was given a notice by The NASDAQ Stock Market that in connection with the Company's filing of Chapter 11 cases that day, and in accordance with Marketplace Rules 4300, 4450(f) and ...
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4:49 min Management
Constar International Inc. Receives Court Approval on First Day Motions in its Reorganization Filing
Constar International Inc. (NASDAQ: CNST) announced the approval of its operational first day motions by the U.S. Bankruptcy Court for the District of Delaware (the Bankruptcy Court) on December 31, 2008. The Company received, among other things, interim Bankruptcy Court approval of ...
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7:47 min Management
Chesapeake Corporation reaches agreement to sell all of its business operations as a going concern to affiliates of Irving Place Capital Management, L.P. and Oaktree Capital Management, L.P.
Chesapeake Corporation (OTCBB: CSKE.PK) today announced that it has reached an agreement to sell all of its operating businesses to a group of investors including affiliates of Irving Place Capital Management, L.P. and Oaktree Capital Management, L.P., who intend to continue ...
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3:32 min Bottle development and design
ConAgra Foods and Constar receive 2008 Worldstar Award for Hunt's Ketchup 46-Ounce Diamondclear® Pet Bottle
ConAgra Foods, Inc. (NYSE: CAG), one of North America's leading packaged food companies, and Constar International (NASDAQ: CNST), were clear winners for the World Packaging Organization's 2008 WorldStar Award, the international packaging industry's most prestigious honor. The two ...
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1:40 min Facts & Figures
LANXESS responds to global economic crisis and shifts investments
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 ...
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