BASF Plans Major Plant Closure Program
24 Nov 2008: Germany-based chemical and materials company BASF has announced it is shutting 80 plants worldwide and cutting production at 100 more facilities to address a decline in demand for its polymer and chemical products.• MORE
Allianz Sets Up Banking Operations in Poland
24 Nov 2008: German insurance group Allianz SE plans to roll out a banking chain in Poland by the end of 2008, said Pawel Miller, CEO of start-up Allianz Bank Polska.• MORE
OK Labs Chooses Paris as European HQ
21 Nov 2008: Australian Open Kernel Labs (OK Labs), a provider of systems software and virtualisation technology for mobile devices and embedded systems, has announced the opening of its European headquarters in Paris, France.• MORE
Thomson Pettie Opens New Plant in UK
21 Nov 2008: A new factory is to open in Cumbernauld in Scotland after Lanarkshire-based metal works and engineering firm Thomson Pettie, part of Indian conglomerate Tata, secured a ?250,000 grant from the Scottish Government.• MORE
AstraZeneca to Close Plants in Europe
21 Nov 2008: Anglo-Swedish pharmaceutical company AstraZeneca has said it is to cut 1,400 jobs by 2013 and close three European factories. • MORE
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