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August 10, 2015
The customer reference price (CRP) for styrene has been settled in Europe at €1,300/m.t. cfr ($1,434), down €25/m.t. against the CRP for July and flat against last week's fob...
http://www.chemweek.com/regions/western_europe/Europe-styrene-CRP-settles-flat-against-barge-contract-for-August_72844.html
August 10, 2015
Sibur (Moscow), Russia’s integrated gas processing and petrochemical company, and BASF on Monday announced that they have extended their long-term agreement covering BASF...
http://www.chemweek.com/regions/eastern_europe/russia/Sibur-and-BASF-extend-polymer-additives-supply-agreement_72841.html
August 10, 2015
Orpic (Muscat) says bidding is under way for four engineering, procurement, and construction (EPC) packages for its previously announced Liwa plastics project. The complex will consist...
http://www.chemweek.com/regions/eastern_europe/hungary/Bidding-in-progress-for-Orpics-EPC-packages_72839.html
August 10, 2015
K+S (Kassel, Germany) said on Friday that PotashCorp has again sent an unsolicited letter to its management and supervisory boards of K+S proposing a “business combination...
http://www.chemweek.com/regions/western_europe/K+S-shareholders-back-boards-rejection-of-unchanged-PotashCorp-offer_72827.html
August 7, 2015
Denki Kagaku Kogyo (Denka; Tokyo) says it will acquire a 51% stake in Icon Genetics (Halle, Germany), which is active in R&D and service provision of biopharmaceuticals, from Nomad...
http://www.chemweek.com/regions/western_europe/Denka-to-acquire-German-biopharma-firm-Icon-Genetics_72825.html
August 7, 2015
Altana (Wesel, Germany) announced Friday sales of €1.07 billion ($1.17 billion) in the first half of this year compared with €985 million in the corresponding period of 2014...
http://www.chemweek.com/regions/western_europe/Altanas-sales-increase-profit-profitability-decline-slightly_72820.html
August 6, 2015
CF Industries on Thursday said that it has entered a definitive agreement with OCI (Amsterdam) under which CF will combine with OCI’s European and North American operations as...
http://www.chemweek.com/regions/western_europe/CF-and-OCI-merger-will-create-largest-nitrogen-player_72792.html
August 6, 2015
Activated carbons maker Orion Engineered Carbons has reported a second-quarter net profit of €14.6 million ($16.0 million), compared with a loss of €6.4 million in the...
http://www.chemweek.com/regions/western_europe/Orion-Engineered-Carbons-swings-to-profit-despite-lower-revenues_72815.html
August 6, 2015
Novozymes (Bagsværd, Denmark) has announced that its net profit was up 15% year-on-year (YOY), to 682 million Danish kroner ($99.4 million) during the second quarter. Ebitda was...
http://www.chemweek.com/regions/western_europe/Novozymes-reports-quarterly-profit-and-revenue-up-supported-by-exchange-rates_72793.html
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
http://www.chemweek.com/regions/western_europe/EMS-Chemie-sales-fall-on-currency-effects-but-profit-rises_72791.html
August 6, 2015
Flavors and fragrances firm Symrise (Holzminden, Germany) has posted sales of €1.33 billion ($1.43 billion) in the first six months of this year, an increase of 41% year-on-year...
http://www.chemweek.com/regions/western_europe/Symrise-reports-double-digit-sales-profit-growth-in-first-half-robust-profitability_72789.html
August 6, 2015
Cepsa (Madrid), a subsidiary of International Petroleum Investment Co. (Abu Dhabi), says robust refining margins, cost containment, and deferred investments helped lift its earnings in...
http://www.chemweek.com/regions/western_europe/Cost-containment-and-deferred-investments-help-lift-Cepsas-earnings_72788.html
August 6, 2015
OCI NV has provided further details about the businesses it will not transfer to the new CF, in the merger transaction, which will create the world’s largest nitrogen player. OCI...
http://www.chemweek.com/regions/western_europe/netherlands/OCI-will-retain-large-portion-of-business-post-CF-transaction_72800.html
August 6, 2015
Brenntag reports a 32% increase in net profit in the second quarter, compared with the corresponding period of last year, to €108.1 million on sales up 8%, to €2.7 billion...
http://www.chemweek.com/regions/western_europe/Brenntag-posts-sharp-increase-in-second-quarter-profit-forecasts-big-hike-in-full-year-earnings_72797.html
August 6, 2015
The United Kingdom’s £50-billion ($78.1 billion) chemical and pharmaceutical industry continues to grow solidly this year, according to the Chemical Industries Association...
http://www.chemweek.com/regions/western_europe/UKs-CIA-says-growth-is-set-to-continue_72786.html
August 6, 2015
Lanxess on Thursday reported higher than first forecast sales and earnings and gave a revised guidance for the whole of 2015. Second-quarter Ebitda pre-exceptionals was 13% higher, at...
http://www.chemweek.com/regions/western_europe/Lanxess-carves-out-rubber-business-for-planned-alliance-raises-guidance_72784.html
August 5, 2015
Merck KGaA (Darmstadt) on Thursday reported a 6.3% rise in second-quarter Ebitda pre exceptionals to €899.4 million ($981.5 million) on 14.4% higher sales of €3.2 billion...
http://www.chemweek.com/regions/western_europe/Merck-KGaA-reports-strong-sales-and-earnings-growth-confirms-outlook_72782.html
August 5, 2015
Huntsman says 12 people were injured by an explosion at its white pigment factory in Uerdingen, Germany, at 2 pm local time on 5 August. Seven of the injured are being treated in a hospital, says the company. Local news reports say a nitrogen tank exploded, collapsing part of a building. There was no fire....
http://www.chemweek.com/regions/western_europe/germany/Explosion-at-Huntsmans-Uerdingen-facility-injures-12_72779.html
August 5, 2015
Europe's ortho-xylene (o-xylene) contract price has settled for August at €800/m.t. ($869.50), €20/m.t. lower than the July settlement. August's figure marks the first...
http://www.chemweek.com/regions/western_europe/Europe-o-xylene-contract-settles-lower-for-August_72764.html
August 5, 2015
Koole Terminals (Zaandam, Netherlands) has started operating BP's former storage site at Pernis, Netherlands, after acquiring the site in mid-July. The site has a storage capacity of...
http://www.chemweek.com/regions/western_europe/Koole-Terminals-begins-operating-acquired-BP-storage-site-in-Netherlands_72763.html
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