Search of "Insol" in News found 23 hits.

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01.04.2026 - The shutdown of the Domo Caproleuna chemical plant in Leuna has been averted. The insolvency administrator for Domo Chemicals’ German sites, Prof. Dr. Lucas F. Flöther, has transferred the site to a rescue company founded by InfraLeuna and Leuna-Harze. Operations were transferred to the buyer on April...
19.03.2026 - Belgian plastics recycler Fromto will close its factory in Houthalen. According to the company, the site, where residual plastics are processed into new products, has been posting heavy losses for several years. Thirty employees are affected. The company cites the main reasons as the persistent price...
17.11.2025 - The European Commission has approved the planned acquisition of plastics and chemicals group Covestro by the Abu Dhabi National Oil Company (Adnoc) under the Foreign Subsidies Regulation (FSR) – but only subject to strict conditions. The decision is particularly relevant for the European plastics industry,...
04.11.2025 - The investment firm HF Opportunities (HFO) has acquired key assets of the insolvent automotive supplier Gerhardi Kunststoff GmbH through an asset deal. The transaction secures approximately 1,000 jobs across the company’s three sites in Lüdenscheid, Altena-Rosmart, and Ibbenbüren. The management team,...
18.10.2025 - Wipa Werkzeug- und Maschinenbau GmbH, based in Stadtlohn, Germany, has been in preliminary insolvency proceedings since October 1, 2025. The Münster District Court appointed attorney Dr. Ria Brüninghoff from Pluta Rechtsanwalts GmbH as the preliminary insolvency administrator. The aim of the administration...
10.04.2018 - The Corpus Christi Polymers joint venture is preparing to acquire the PET complex currently under construction in the US state of Texas, previously part of the insolvent Mossi & Ghisolfi group, M&G Chemicals. The JV is owned by the Mexican petrochemical group Alpek, the Thai plastics group Indorama...
11.04.2013 - On March 27th 2013, the Lyon commercial court opened insolvency proceedings with continuation of activities for a six-month observation period against the company Kem One SAS. As part of the financing of the observation period, Arkema points out that its contribution amounts to € 68.7 million. ...
07.09.2012 - BASF has opened a new research lab for thermoplastic polyurethanes (TPU) in Wyandotte, Michigan. A multidisciplinary team of product developers, chemists and material scientists will work to discover new products for the American automotive, construction, sports and leisure industries. “Closeness to...
30.01.2012 - Chemical Company (NYSE:EMN) and Solutia Inc. (NYSE:SOA) recently (2012, Jan 27) announced that they have entered into a definitive agreement, under which Eastman will acquire Solutia, a global leader in performance materials and specialty chemicals. Under the terms of the agreement, Solutia stockholders...
07.02.2011 - Trevira GmbH is to have new owners. A consortium of Indorama Ventures PCL (Thailand) and Sinterama (Italy) is taking over Trevira, the polyester fibre manufacturer headquartered in Bobingen, Germany. On 4 February 2011 the consortium signed a share purchase agreement for the acquisition with CA Werner...
06.05.2010 - “Pharmaceutical Hot Melt Extrusion” Congress At its in-house congress on “Pharmaceutical Hot Melt Extrusion”, held on April 15, 2010, Coperion GmbH, Stuttgart/Germany, provided around 100 guests from the pharmaceutical industry with a compact overview of this special, rapidly growing application....
25.01.2010 - Following the launch of the new Trevira GmbH at the start of 2010 under the leadership of Uwe Wöhner, the Head of Sales for the new Trevira has now been named. On February 1 2010 Hartmann Huth (50, Photo) is returning to Trevira, assuming total responsibility for Marketing & Sales. Prior to leaving...
04.01.2010 - Financing of the transfer of business of the insolvent Trevira Group is secured. This means that continuation of production at all locations is guaranteed in the long term, in good time for the turn of the year and the scheduled transfer of business. “For us this is an important start signal into a...
04.12.2009 - Preparations for the planned transfer of business into a new company, with the insolvency administrator as stakeholder, are proceeding smoothly. Notwithstanding the stoppage in the sales process with the previously desginated investors, it will be possible to meet the scheduled deadline with the effective...
30.11.2009 - Werner Schneider, Insolvency Administrator of Trevira Group, has stopped with immediate effect the process to sell the fibre manufacturer to the two entrepreneurs Stefan Messer and Karl-Gerhard Seifert. Instead, the business of Trevira Group will be transferred as scheduled to a new company on 1st January...
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