3:19 min
Management
Constar International Inc. receives support of ad hoc committee of Senior Secured Noteholders for a plan to reduce debt and interest expense
Constar International Inc. (NASDAQ: CNST) today announced that it reached agreement with the holders of more than 75% of the Company's Senior Secured Floating Rate Noteholders regarding the terms of a consensual restructuring transaction that will significantly deleverage its balance ...
1:33 min
Management
La Seda de Barcelona, S.A sells 100% of Artenius San Roque's share capital to CEPSA Química, S.A
Today La Seda de Barcelona, S.A (LSB) and CEPSA Química, S.A, wholly owned by Compañía Española de Petróleos, S.A., have concluded the sale-purchase agreement of Artenius San Roque, S.A.U., until now under the ownership of La Seda de Barcelona.By means of this transaction, LSB is ...
2:20 min
Management
Cereplast opens European headquarters in Germany to service growing bioplastic demand in Europe
Cereplast, Inc. (NASDAQ: CERP), a leading manufacturer of proprietary bio-based, compostable and sustainable plastics, announced today that it has opened a European headquarters in Bönen, Germany to support the rapid expansion of its European operations.Cereplast's new European ...
2:58 min
Management
LINPAC Group sells five non-core ‘Speciality Businesses, plastics recycling division
LINPAC Group, the UK-based international plastic packaging manufacturer, has sold five stand-alone, non-core business units to funds managed by Chamonix Private Equity – the London-based private equity firm. The sale completed on 31 December 2010.The business units concerned are ...
1:17 min
Management
Silgan announces acquisition of leading plastic closure manufacturer, IPEC
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of consumer goods packaging products, today announced that it has acquired IPEC Global, Inc., a leading plastic closure manufacturer serving primarily the North American dairy and juice markets. The business, which had sales of ...
1:20 min
Management
La Seda de Barcelona and Cepsa Química, S.A formalize an agreement for the acquisition of the PET plant in San Roque
La Seda de Barcelona has reached an agreement with the company Cepsa Química, S.A. for the acquisition of the PET production plant located in San Roque (Cadiz), owned by La Seda. The commitment reached is subject to compliance with certain conditions. The parties have stated that ...
3:70 min
Management
Michaeli's successor at IKV named
Future head of IKV: University Professor Dr.-Ing. Christian Hopmann (photo: private) University Professor Dr.-Ing. Christian Hopmann (42) will succeed University Professor Dr.-Ing. Dr.-Ing. E.h. Walter Michaeli as head of the Institute, Director of the Association of ...
1:46 min
Management
Eastman to sell Performance Polymers PET business
Eastman Chemical Company (NYSE:EMN) today announced it has entered into a definitive agreement with DAK Americas, LLC, to sell the PET business and related assets and technology of its Performance Polymers segment. The transaction is expected to close during the fourth quarter of ...