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LyondellBasell files for Chapter 11
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Trautz
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ROTTERDAM, NETHERLANDS (Jan. 6, 5:30 p.m. ET) — The U.S. operations of LyondellBasell Industries AF SCA, plus one of its European holding companies, on Dec. 6 filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code. Chief Executive Officer Volker Trautz blamed “a dramatic softening in demand” for the company’s products and “unprecedented volatility in raw material costs.”
Clear Lam opens plant in Vernon, Calif.
ELK GROVE VILLAGE, ILL. (Jan. 6, 2:55 p.m. ET) -- Clear Lam Packaging, Inc. has opened a new plant in Vernon, Calif., to support the growth of its rigid and flexible specialty packaging businesses. New machinery includes Lyle Machinery thermoforming equipment and an extruder from Welex Inc.
Americas Styrenics cutting PS capacity
MARIETTA, OHIO (Jan. 6, 12:55 p.m. ET) -- Americas Styrenics LLC is eliminating 60 jobs and removing 350 million pounds of polystyrene capacity at its plant in Marietta. Americas Styrenics is a 50-50 joint venture between Dow Chemical Co. and Chevron Phillips Chemical Co. LP. Prior to the shutdown, it was North America´s second largest PS maker.
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Kleerdex changes name to Kydex
BLOOMSBURG, PA. (Jan. 6, 12:55 p.m. ET) -- Kleerdex Co. LLC is changing its name to Kydex LLC to better reflect that it makes Kydex-brand thermoplastic sheet.
HellermannTyton building fastener plant in Poland
SLUPCA, POLAND (Jan. 6, 12:50 p.m. ET) -- HellermannTyton Sp.zo.o., a maker of fastening and protective products for electrical cables, plans to construct a plant in the town of Slupca. The company is investing more than $22 million in the project.
ALP Lighting to close Mich. profile plant
CHARLEVOIX, MICH. (Jan. 6, 12:25 p.m. ET) -- ALP Lighting Components Inc. plans by mid-April to close a profile extrusion plant in Charlevoix and move manufacturing of its Genestra-brand products to other locations.
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Dow to pursue legal action against Kuwait JV partner
Machine sales to rise, but at slower rate
Retal buying Uniplast preform plant in Ukraine
Harburg-Freudenberger buys Farrel Corp.
Xten’s rigid PE bins are a hit with bikers
PN reveals 3 finalists for annual award
Fujitsu sticks to green path despite costs
Group helps inland firms compete in China
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Recycled plastic for Motorola mobile phone
Motorola has unveiled a mobile phone made from recycled water bottles. According to the manufacturer, the Moto W233 is the world’s first carbon neutral phone. The device has earned Carbonfund.org’s CarbonFree Product Certification after a
Retal buys Uniplast preform plant in Ukraine
Russian PET products group Retal Industries is acquiring the PET preform molding plant of plastics closures and preform company Uniplast in Dnipropetrovsk.
PET sheet extruder invests in laminating system
PET sheet extruder Flight Plastics has installed a polyethylene film laminating system, reflecting growth in its business.
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