Clariant increases sales in plastics business, dampens sell-off rumours
A change in strategy for its plastics-related businesses helped Clariant raise its sales by 2% to €5.5bn. EBITDA before exceptional items increased by 4% in Swiss francs and reached CHF 887m (€834m).
Ineos turns to a surprising new market: car production
Oil and petrochemical giant Ineos has made the shock announcement that it may invest “many hundreds of millions” to produce a four-wheel drive off-road car following the spirit of the defunct Land Rover Defender.
UK plants at risk in talks for PSA to acquire Opel/Vauxhall
General Motors' potential sale of its Opel/Vauxhall operations to PSA Group has led to fears that factories in the UK may be shuttered.
Tetra Pak invests €24m in new caps plant in Thailand
Tetra Pak is planning to build a new plant at its Rayong site in Thailand, with the capacity to produce more than 3 billion closures per year for the group's carton packaging.
DS Smith expands injection moulding plant in Belgium
The facility specialises in moulding beverage crates and pallets and the investment will enable it to increase production capacity by nearly 50%.