Atlanta-based company said it would stop making some products while raising prices on others as much as 22 percent as it continues to grapple with rising energy costs.
Lawmakers representing thousands of workers said that Chinese-made imports have been sharply undersold here, threatening domestic manufacturers of off-road tires.
Rubber and plastics maker said it plans additional price increases across its business segments beginning in mid-July to offset escalating raw material and energy costs.
Texas Rangers owner Thomas O. Hicks has agreed to buy Graham Packaging Holdings and take the plastic juice and beer bottle maker public for $700 million.
Ball Corp., which makes metal and plastic packaging, said Thursday it will close its plastic packaging manufacturing plant in Brampton, Ontario.
Biggest U.S. tire maker says it will invest up to $500 million to increase tire manufacturing in China and invest up to $700 million over five years to modernize four U.S. plants.
Joseph DeSimone, a 44-year-old professor, has won this year's $500,000 Lemelson-MIT Prize for his expertise in chemistry that led to numerous advances and inventions.
An employee got into an argument with a supervisor, then shot and killed five people at a western Kentucky plastics plant before killing himself, police said.
Company cut second-quarter production at its North American facilities, blaming lower tire demand and expected shortages of certain raw materials.
Manufacturer of safety and anti-fatigue PVC matting added a third line at its Alabama facility that will increase the company’s production capabilities by up to 50 percent.
Four Ohio parents have filed a class-action lawsuit against makers of baby bottles, including Evenflo, claiming the bottles were made from harmful chemicals.
Plastic baby bottles and water bottles are safe, a federal health official said, seeking to ease public concerns about the health hazards of a chemical used in the products.
Chemicals used in baby bottles, toys and thousands of other household items are getting closer scrutiny from Congress amid concern they can cause developmental problems in children.
Plastech Engineered Products will close its Elwood, Ind., manufacturing plant in mid-July, idling the plastic injection-molding plant's 286 workers.
EU regulators have charged Bridgestone and Trelleborg AB with breaking antitrust rules -- a move that can lead to large fines -- the companies said Friday.
Chemical found in hard plastic water bottles and hundreds of other common items came under increased pressure when Canada labeled it dangerous and said it may ban its use in baby bottles.
Hard-plastic water bottles made with bisphenol A will be pulled from stores because of growing consumer concern over the chemical's health risk.
Chemical used to make baby bottles and shatterproof plastic containers could be linked to a range of hormonal problems, a preliminary government report found.
The $3 million plant opening in Pocahontas initially will employ 100 people and will have 200 workers by the end of 2009.
Robert J. Keegan, CEO of Goodyear Tire & Rubber Co., said Tuesday the world's third-largest tire maker is well positioned to weather economic uncertainty.
Cabot Corp. shut down its carbon black plant in Waverly because tire manufacturing is shrinking in North America while growing in China and other countries.
Ground has been broken on a $100 million specialty plastics plant for Kureha Corp. at DuPont's factory in Belle, West Virginia.
Private equity firm GS Capital Partners walked away from its plans to buy the rubber and plastics maker, a deal valued at $1.1 billion.
Tire maker will increase its stake in TC Debica, under an agreement with a Polish asset-management company and TC Debica shareholders.