Five years ago this week in Plastics News
Rexam plc, formerly called Bowater plc, bought a 134,000-square-foot film plant in Mundelein, Ill., from Baxter Healthcare Corp. for $105 million. The deal marked Baxter's exit from packaging.
Geon Co. began an initial public stock offering about two months after its former parent BFGoodrich Co. spun off the vinyl resin company.
Princess Cruise Lines was fined $500,000 for dumping plastics at sea near Duck Key. A passenger on the ship videotaped a crew member tossing filled plastic garbage bags overboard.