International agreements

WCM-Beteiligungs und Grundbesitz AG (Frankfurt, Germany) has acquired 40% of the outstanding shares of Klöckner-Werke AG (Duisburg, Germany).

—Pechiney (Paris, France) has joined —Toray Industries, Inc. (Tokyo, Japan) and Bimp SpA (Atessa, Italy) have concluded a joint development agreement for the mfg. and sale of high-barrier metallized OPP film. —Sympak Group (Milan, Italy) has acquired the majority interest in OPM SpA (Milan, Italy). —Huhtamaki Van Leer (Espoo, Finland) has acquired the assets and business of Packaging Resources Inc. (Lake Forest, IL). —The Newark Group, Inc. (Cranford, NJ) has acquired the remaining shares of Perma Tubes & Cores, Ltd. (Richmond, British Columbia, Canada).

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