Brenntag reports record results for the financial year 2010
Based on preliminary, unaudited numbers, Brenntag, world market leader in chemical distribution, will conclude the financial year 2010 with record results.
Based on preliminary, unaudited numbers, Brenntag, world market leader in chemical distribution, will conclude the financial year 2010 with record results.
Borealis achieved significant net profit growth in 2010 with EUR 333 million compared to EUR 38 million in 2009, return to pre-crisis levels.
According to BASF, 2010 was a record year for the company with sales of €63.9bn – up 26% year-on-year.
China has developed into a global super power with giant strides. According to estimates of the German professional association VDMA Chinese machinery manufacturers took the lead for the first time in 2009.
Size reduction technology specialist Pallmann Group reports very strong growth for 2010.
German plastics and rubber machinery manufacturers have recovered from the economic crisis more quickly and decisively than anticipated a year ago.
Cereplast signs distribution agreement with ColorTec to bring bioplastics to Southern Italy and Slovenia.
The well-known automotive components supplier IAC Group (Krefeld, Germany) has chosen KraussMaffei as system supplier to equip the company’s new production plant in Bals (Romania).
The construction industry in Europe has been in decline since 2008, with figures from Euroconstruct showing total spend of 1444 billion euros in 2008, 1316 in 2009 and an anticipated 1264 in 2010.
In the year 2010, Ticonas’s parent company, Celanese Corporation, announced the acquisition of the products Factor LFT, Thermx PCT and Zenite LCP. Effective as of January 1, 2011, these products will be available via all Ticona’s authorized distribution partners in Europe.
Demand from European converters fell back 7.2% from 2008 to 45 million tones in 2009. The market share of end use applications remained stable with packaging. The largest segment representing 40.1% of overall demand.
Managing director, Bernhard Rupke, gives a status report as well as an outlook to the future of the company.