Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

La Seda Restructures And Seeks A Partner

by Michael McCoy
March 12, 2012 | A version of this story appeared in Volume 90, Issue 11

Spanish plastics maker La Seda de Barcelona has completed a financial restructuring and is now seeking a partner for its business in polyethylene terephthalate (PET) and its raw materials. La Seda ran into financial difficulties after a rapid expansion period in the late 2000s. The company now says it will focus on its plastics packaging business, which produces plastic preforms and containers for food, personal care, and household applications. La Seda says it needs a PET partner to help lower costs in the business. It also wants help building a 400,000-metric-ton-per-year PET plant that would be integrated with a recently opened terephthalic acid facility in Sines, Portugal.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.