NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.
On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).
This site is no longer being updated. Please direct all enquiries to firstname.lastname@example.org.
For further details see our joint press release.
German plastics processor Peguform has filed an insolvency petition with the municipal court of Freiburg, Germany.
Reports say the company’s liquidity problems result from the business style of US parent Venture Industries, which acquired the automotive supplier from Klöckner in 1999. Peguform’s foreign subsidiaries are unaffected. Its seven German production sites have annual sales of EUR 900m and employ 5,500. The court has appointed Heidelberg attorney Jobst Wellensiek, who handled the Kömmerling insolvency, as receiver
For more information visit: