How plastics went from byword to bye: as costs rise, prices don't, GE tries to sell storied unit that bred products, leaders

Authors :: Kranhold, Kathryn
Source :: Wall Street Journal. Europe. Jan 11, 2007, B1
Publication Year :: 2007
Abstract: Plastics, once the material of the future, has now become expensive to produce, leading General Electric Co. to try to sell its plastics division. CEO Jeffrey Immelt, who has been involved in other recent GE acquisitions and divestments, hopes to sell the unit for up to $10 billion.

Subjects :: General Electric Co. -- Subsidiaries, divisions and units
General Electric Co. -- Mergers, acquisitions and divestments
General Electric Co. -- Officials and employees
Electrical equipment and supplies industry -- Subsidiaries, divisions and units
Electrical equipment and supplies industry -- Mergers, acquisitions and divestments
Electrical equipment and supplies industry -- Officials and employees
Plastics industry -- Mergers, acquisitions and divestments
Plastics -- Forecasts and trends
Plastics -- Supply and demand
Company acquisition/merger
Market trend/market analysis
Company business management
Banking, finance and accounting industries
Business
Business, international

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