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Ineos sues Sinopec for trade secret violations, fears 'major harm' to its acrylonitrile business


March 21, 2014 12:15 am ET

Ineos Group AG is suing Chinese state-owned oil and petrochemical giant Sinopec, accusing the Chinese company of violating Ineos intellectual property and misusing trade secrets to build acrylonitrile factories.

Deck lawsuits against Azek consolidated in New Jersey


February 28, 2014 2:22 pm ET

Three lawsuits alleging PVC decks made by Azek Building Products and its parent company, CPG International, Inc., contain design and manufacturing defects and were deceptively marketed are being consolidated in New Jersey.

JM Eagle slaps law firm with libel complaint


February 25, 2014 1:32 pm ET

JM Eagle is very litigious these days. The same day it filed a lawsuit in New Jersey against a whistle blower and the law firm representing him for allegedly stealing documents, the largest PVC pipe extruder in North America accused the same law firm of libel in California for a news release it issued last year.

JM Eagle suing whistle blower, law firm


February 24, 2014 2:45 pm ET

JM Eagle, the largest PVC pipe extruder in North America, is suing a whistle blower and the law firm representing him for the alleged theft of hundreds of confidential documents used to build a False Claims Act case against the Los Angeles-based company.

European polymer distributors hit in purchasing scam


February 18, 2014 12:42 pm ET

A number of United Kingdom and Italian plastics businesses have been hit by a scam operated from the United Kingdom that has cost the firms an estimated 1 million euros ($1.37 million), according to PRW.

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Bioplastics maker Cereplast files for Chapter 11 protection


February 17, 2014 10:37 am ET

Seymour, Ind.-based bioplastics maker Cereplast Inc. on Feb. 10 filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. The company intends to continue to operate. However, one creditor has petitioned the U.S. Bankruptcy...

Formosa settlement approved; JM Eagle wants new trial


January 16, 2014 5:59 pm ET

A federal judge on Jan. 16 approved a $22.5 million settlement that essentially ends a legal dispute between resin supplier Formosa Plastics Co. USA and dozens of government entities that bought PVC pipe of questionable quality for municipal water and sewer systems.

Amcor set to buy Constar


December 19, 2013 7:17 pm ET

Constar Inc. is plunging into bankruptcy court protection for the third time in recent years, and this time the company has a buyer lined up for its assets.

Judge wants more information on Formosa settlement


December 19, 2013 7:01 pm ET

A federal judge has postponed his decision on a $22.5 million settlement proposed to resolve a False Claims Act (FCA) lawsuit between resin supplier Formosa Plastics Co. USA (FPC-USA) and 45 government entities that bought questionable PVC pipe made with its materials by JM Eagle.

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Feng Ping, Chinese toolmaker with Chicago ties, declares bankruptcy


December 17, 2013 5:08 pm ET

Feng Ping Tooling & Plastics Mfg. Co. Ltd., at one time a fast-growing mold making shop in southern China started by two brothers from Chicago, abruptly closed Dec. 16 and filed for bankruptcy. Feng Ping’s story, however, is a little more...

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