February 2009
Rubber & Plastics News;2/9/2009, Vol. 38 Issue 14, p4
Trade Publication
The article presents news briefs related to the global rubber and plastic industries. The European Commission has imposed $174.6 million in fines on companies including Bridgestone Corp. and Trelleborg AB for participating in a cartel between 1986-2007 in violation of the ban on cartels and restrictive business practices. Huntsman Corp. said it aims to cut its work force by 9% to reduce its costs. Lanxess AG is reducing its workweek to 35 hours with wage decreases, beginning from March 12, 2009.


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