Sintex Industries is planning to take over Nief Plastic Group (France) through its subsidiary Sintex Plastics , according to sources in India. Managing shareholder Gilles Nief told PIE, however, that “the matter hadn’t yet been finalised” and talks were still in progress. It had previously been suggested that negotiations over a partnership between Nief and Plastiques du Val de Loire had been broken off. However, Nief denies that these rumoured talks have ever taken place.(Plast Europe)