2:16 min
Management
Graham Packaging finalizes minority ownership in PPI Blowpack Pvt. Ltd. in Mumbai, India
Graham Packaging Company, L.P., and PPI Blowpack Pvt. Ltd., have formally consummated a transaction giving Graham Packaging a minority ownership interest in the Indian container manufacturing company based in Mumbai. No terms of the transaction were announced. The new company will be ...
2:35 min
Management
Tobias Strasser is responsible for management of Division K at Greiner Packaging International
K, Kavo and Greiner Assistec: These three powerful divisions determine the new distribution structure of Greiner Packaging. Tobias Strasser is responsible for Division K. In his working life, honesty, integrity and an adequate willingness to take risks play an essential ...
4:31 min
Facts & Figures
Krones presents mid-year report for 2009
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 ...
2:40 min
Management
LyondellBasell names Kent Potter as CFO
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 ...
1:31 min
Management
PolyOne Distribution drives growth with expanded agreements, new suppliers
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. ...
0:44 min
Management
LA SEDA DE BARECELONA is restarting its operations in El Prat de Llobregat
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 ...
2:28 min
Management
Cargill acquires full NatureWorks ownership from Teijin
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 ...
2:50 min
Management
BASF reorganizes its Petrochemicals Division
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 ...
1:41 min
Management
New CEO at Mould & Matic Solutions
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 ...
2:20 min
Management
Constar International Inc. completed its financial restructuring and emerged from Chapter 11
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 ...