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June 30, 2014
Evonik Industries plans to take a 9.06% stake in leading German soccer club Borussia Dortmund. The deal will take the form of a capital increase by Borussia Dortmund, and the issue of...
http://www.chemweek.com/regions/western_europe/Evonik-to-take-stake-in-leading-soccer-club_62151.html
June 30, 2014
Brenntag will distribute a broader range of products in Evonik Industries' interface and performance products portfolio, which have applications in the metal working, fluids, rubber...
http://www.chemweek.com/regions/western_europe/Brenntag-expands-distribution-agreement-with-Evonik-for-Europe_62147.html
June 30, 2014
Bayer MaterialScience has decided to close its polycarbonate (PC) sheet facility at Darmstadt, Germany as part of a worldwide consolidation of its PC sheet business. Bayer...
http://www.chemweek.com/regions/western_europe/germany/Bayer-MaterialScience-closes-PC-sheet-plants-at-Darmstadt-Beijing-sells-businesses-in-Australia-New-Zealand_62148.html
June 30, 2014
Ineos will acquire BASF’s 50% share in Styrolution (Frankfurt), a joint venture between the companies, for €1.10 billion ($1.47 billion) , the companies said today. The...
http://www.chemweek.com/regions/western_europe/Ineos-to-acquire-BASFs-stake-in-Styrolution-for-&euro1-1-billion_62146.html
June 30, 2014
Merck KGaA says it will acquire the Dutch specialist for smart window technology, Peer+ (Eindhoven, Netherlands), on 1 July. Financial details of the deal have not been disclosed...
http://www.chemweek.com/regions/western_europe/netherlands/Merck-KGaA-acquires-liquid-crystal-windows-firm-Peer+_62145.html
June 30, 2014
Evonik Industries says it has expanded production capacity for its Vestamid nylon-12 by 5,000 m.t./year at the company’s Marl, Germany, site. In addition, preparations...
http://www.chemweek.com/regions/western_europe/germany/Evonik-expands-production-capacities-for-nylon-12-and-nylon-powder-at-Marl_62144.html
June 27, 2014
BEWi AS (Hamarvik, Norway), a producer of expandable polystyrene (EPS) insulation and packaging, has merged with EPS producer StyroChem Finland Oy (StyroChem; Porvoo, Finland). Although terms of the deal were not disclosed, Verdane Capital, owner of Styrochem, says it will hold a share of the new company, BEWi Group....
http://www.chemweek.com/regions/western_europe/BEWi-StyroChem-Finland-merge-as-BEWi-Group_62139.html
June 27, 2014
AkzoNobel's performance coatings business is benefiting from an improved business climate in 2014, says Conrad Keijzer, AkzoNobel executive committee member responsible for performance...
http://www.chemweek.com/regions/western_europe/AkzoNobels-performance-coatings-business-taps-stronger-market-targets-higher-returns_62138.html
June 27, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) priced its initial public offering at €21/ordinary share ($28.65)—the middle of the previously announced price range...
http://www.chemweek.com/regions/western_europe/IMCDs-IPO-priced-in-middle-of-announced-range_62129.html
June 27, 2014
Pulp, paper, and timber company UPM (Helsinki) is completing work on the world's first commercial-scale, wood-based biorefinery at Lappeenranta, Finland, the company says. The...
http://www.chemweek.com/regions/western_europe/UPM-to-commission-first-commercial-scale-wood-based-biorefinery_62123.html
June 27, 2014
EuroChem (Moscow), Russia’s leading fertilizer producer, has lost an initial case in an Amsterdam court against Dutch-registered IMR, whose affiliate Shaft Sinkers (Sandton...
http://www.chemweek.com/regions/western_europe/EuroChem-loses-initial-court-case-against-potash-contractor_62121.html
June 27, 2014
Evonik Industries has appointed Christian Kullmann to the executive board, effective 1 July. Kullmann becomes chief strategic officer responsible for corporate strategy and corporate...
http://www.chemweek.com/regions/western_europe/Evonik-appoints-new-board-member-in-charge-of-strategy_62117.html
June 27, 2014
The future of Europe's polyolefin value chain lies in making it inclusive of future generations of employees, says Koos van Haasteren, executive v.p. at Sabic Europe. In a keynote...
http://www.chemweek.com/regions/western_europe/PEPP-2014-The-future-of-Europes-polyolefin-value-chain-lies-in-sustainability-related-opportunities_62037.html
June 26, 2014
Several companies have appealed against a decision taken by the European Chemicals Agency (ECHA; Helsinki) on C14-C17 chloro alkanes (medium-chain chlorinated paraffins, MCCP), the...
http://www.chemweek.com/regions/western_europe/Companies-appeal-ECHA-decision-on-medium-chain-chlorinated-alkanes_62083.html
June 26, 2014
The executive board of Evonik Industries today presented plans to the supervisory board to reorganize the group structure. The company says that the executive board plans to...
http://www.chemweek.com/regions/western_europe/Evonik-Industries-to-reorganize-group-structure-in-response-to-tougher-competition_62050.html
June 26, 2014
A group of companies has appealed against a decision on carbon tetrachloride by the European Chemicals Agency (ECHA; Helsinki), the agency says. The appealing companies are: the German...
http://www.chemweek.com/regions/western_europe/Companies-appeal-ECHA-decision-on-carbon-tetrachloride_62048.html
June 26, 2014
Specialty chemicals distributor Barentz International (Hoofddorp, Netherlands) says it has acquired Maustepalvelu (Hämeenlinna, Finland). Maustepalvelu, otherwise known as MP...
http://www.chemweek.com/regions/western_europe/Distributor-Barentz-acquires-customized-blending-firm-in-Finland_62047.html
June 26, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) and its main shareholder, private equity firm Bain Capital, say they have decided, due to "significant demand," to...
http://www.chemweek.com/regions/western_europe/IMCD-increases-number-of-shares-offered-in-IPO-by-10-percent_62046.html
June 26, 2014
Ineos and Solvay say that they have signed a definitive agreement to create their previously announced chlorvinyls joint venture, and that they will name the jv Inovyn. The jv is...
http://www.chemweek.com/regions/western_europe/uk/Ineos-Solvay-sign-agreement-for-chlorvinyls-JV-to-be-named-Inovyn_62042.html
June 25, 2014
Asia will remain the main demand region for polyolefins, and its share of worldwide polyolefin consumption will exceed 50% by 2020, with China representing well over half of this...
http://www.chemweek.com/regions/western_europe/PEPP-2014-Asia-will-continue-to-drive-demand-growth-for-polyolefins_62020.html
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