Weinberger about to take over gluelam producer SHI
The Austrian gluelam producer Weinberger is currently conducting negotiations about the acquisition of its competitor SHI, which has been
Klausner: Exchange offers for only €73.5m
On expiry of the third deadline on February 17 for the exchange offer made by Klausner Holding for its €125m bond (ISIN AT0000A04LG1), bond creditors
Stora Enso: Much higher income in fourth quarter
Stora Enso has profited from rising sales prices and volumes as well as already implemented cost-cutting measures in the fourth quarter of 2009. As
IBV applies for creditor protection
In mid-February, Industrie du Bois de Vielsalm (IBV) applied to the competent commercial court in Liege for the institution of creditor protection proceedings.
Plysorol: Walkout at two French locations
Employees at the Epernay and Fontenay-le-Comte mills belonging to Plysorol had temporarily stopped working during the last week of February, several
Methanex commissions second plant in Chile
Methanex commissioned a second methanol plant at its Chilean plant in Cabo Negro near Punta Arenas. Production thus increased 35% during the fourth
Yara invests US$4.1bn in Terra takeover
Yara intends to take over a majority shareholding in the US urea and fertiliser manufacturer Terra Industries for a total of roughly US$4.1bn. According to
Armstrong posts 16% fall in sales in financial 2009
Armstrong booked a fall in sales by 16% to US$2.780bn (2008: 3.393bn) in the 2009 business year. Earnings were also down from the year before,
Homag returns to profits in fourth quarter
The Homag group returned to profits again for the first time in a while in the fourth quarter of last year, after the results for the first three
Inwido improves key performance indicators
Inwido has seen a further improvement in the business situation at the end of 2009. In the fourth quarter the company was indeed able to record growth