AUSTRIA: UNTERLAND TO CLOSE FACTORY?

Article Abstract:

The Austrian headquarters of Unterland Flexible Packaging AG has announced that the Hungarian parent is planning to close the plant in Wiener Neustadt, which employs 260 staff.

Austria, Plant shutdown, Plastic Film, Unsupported Plastics Film, Sheet, and Bag Manufacturing, Plastic films, Tiszai Vegyi Kombinat, Unterland Flexible Packaging AG

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CHINA: AUSTRIAN GREINER TO BUILD PLANT

Article Abstract:

Greiner-Extrusionstechnik GmbH of Austria is to build a production plant in Shanghai. The Chinese plant will employ 60 staff. Greiner has won a contract from Dalian Shide Group for the delivery of 200,000 tonnes of plastic profiles worth EUR 61.04mn in the next two years.

Capital expenditures, Plastic Products, Plastics Product Manufacturing, New orders received, Greiner-Extrusionstechnik GmbH

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CHINA: PIPELIFE PLANNING ACQUISITION

Article Abstract:

Pipelife, the joint venture of Austrian construction materials group Wienerberger and Solvay of Belgium, is in talks about buying a majority stake in a Chinese state-owned pipe producer 150 km west of Shanghai.

Asset sales & divestitures, Fabricated pipe and fittings, Plastic Pipe & Fittings, Fabricated Pipe & Fittings, Plastics Pipe and Pipe Fitting Manufacturing, Fabricated Pipe and Pipe Fitting Manufacturing, Pipe and tube industry

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