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April 30, 2013
Wacker Chemie today reported a huge drop in net income and a 10% slide in sales in the first quarter of this year. Net income was down 87.8%, to €5.1 million ($6.7 million), while...
http://www.chemweek.com/regions/western_europe/Wacker-reports-huge-drop-in-net-income-and-10-percent-lower-sales-confirms-2013-outlook_51588.html
April 30, 2013
Clariant’s former textile chemicals, paper specialties, and emulsion businesses, which the company agreed to sell to SK Capital on 27 December, will be named Archroma after the...
http://www.chemweek.com/regions/western_europe/Clariants-former-businesses-named-Archroma_51587.html
April 30, 2013
Clariant’s first-quarter net profit from continuing operations more than doubled to 38 million Swiss francs ($40.53 million) compared with SF16 million in the year-earlier...
http://www.chemweek.com/regions/western_europe/Clariant-more-than-doubles-net-profit-on-flat-sales-confirms-2015-targets_51585.html
April 29, 2013
Chemical distributor Biesterfeld Group (Hamburg) says its operating profits increased 5%, to €29.7 million ($38.9 million), in 2012. The company says its 2012 sales rose to...
http://www.chemweek.com/regions/western_europe/Distributor-Biesterfeld-posts-higher-earnings-and-sales_51581.html
April 29, 2013
Vopak has reported a 1% decrease in first-quarter operating profit, excluding exceptional items, to €138.4 million ($181.2 million), compared with the first quarter of last year...
http://www.chemweek.com/regions/western_europe/Vopaks-operating-profit-slips-in-the-first-quarter_51567.html
April 29, 2013
KMG Chemicals has agreed to acquire OM Group’s electronic chemicals business in a $60-million deal, the company says. The business, known within OM Group as ultrapure chemicals...
http://www.chemweek.com/regions/western_europe/uk/KMG-to-acquire-OM-Groups-electronic-chemicals-business_51564.html
April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...
http://www.chemweek.com/regions/eastern_europe/russia/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html
April 29, 2013
The European Commission, following a vote by EU member states today, will proceed with a plan to restrict the use of three neonicotinoids used as insecticides on a variety of crops...
http://www.chemweek.com/regions/western_europe/European-Commission-proceeds-with-plan-to-restrict-the-use-of-neonicotinoids_51559.html
April 29, 2013
Oxea (Oberhausen, Germany) says it has completed construction of a previously announced carboxylic acids plant at Oberhausen. The plant, currently in the start-up phase, will boost...
http://www.chemweek.com/regions/western_europe/Oxea-completes-construction-of-carboxylic-acid-plant_51555.html
April 29, 2013
VinylPlus, the European polyvinyl chloride (PVC) industry's sustainable development program, recorded 362,076 m.t. of PVC recycled last year, keeping it on track to meet the challenge...
http://www.chemweek.com/regions/western_europe/VinylPlus-on-track-to-meet-2020-PVC-recycling-targets_51551.html
April 29, 2013
The Bourgogne Développement Industrie Group (BDI; Paris) has acquired Semoflex (Ogeu-les-Bains, France), the companies have announced. The takeover results in BDI, which also...
http://www.chemweek.com/regions/western_europe/Frances-BDI-Group-takes-over-Semoflex-becomes-third-largest-PE-converter-in-France_51547.html
April 26, 2013
Brenntag Schweizerhall (Basel), a subsidiary of Brenntag, will invest in a new sulfuric acid dilution plant at the Infrapark Baselland industrial park in Muttenz, Switzerland, to...
http://www.chemweek.com/regions/western_europe/Brenntag-invests-in-sulfuric-acid-plant-to-supply-Bayer-CropScience_51484.html
April 26, 2013
DuPont says it has opened an innovation center in Istanbul, the company’s 11th such center and the 3rd in the Europe, Mideast, and Africa (EMEA) region. The Turkish innovation...
http://www.chemweek.com/regions/eastern_europe/DuPont-opens-third-EMEA-innovation-center-at-Istanbul_51468.html
April 26, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts....
http://www.chemweek.com/regions/western_europe/Sabic-restructures-in-Europe-cuts-more-than-1000-jobs-_51426.html
April 26, 2013
Russia’s largest producer of petrochemicals, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at Tobolsk, Russia. Russian regulators are currently on-site inspecting the facility before approving the start of operations....
http://www.chemweek.com/regions/eastern_europe/russia/Sibur-readies-PP-plant-to-decide-on-olefins-complex_51423.html
April 26, 2013
Shell Chemicals' steam cracker at Moerdijk, Netherlands, is experiencing technical difficulties that have delayed the plant's restart following planned maintenance, unconfirmed reports...
http://www.chemweek.com/regions/western_europe/Reports-Technical-difficulties-delay-restart-of-Shells-Moerdijk-cracker_51527.html
April 26, 2013
Production at Solvay's chlor-alkali unit at Torrelavega, Spain, could be under threat unless €30 million ($39.1 million) is invested to transform the unit from mercury-cell based...
http://www.chemweek.com/regions/western_europe/Solvay-chlor-alkali-site-in-Spain-under-threat-from-EU-mercury-cell-phaseout_51521.html
April 26, 2013
BASF today reported a 15% drop in first-quarter net income, to €1.45 billion ($1.89 billion), and Ebit 16.5% lower, at €2.17 billion. Special income from the divestment...
http://www.chemweek.com/regions/western_europe/germany/BASF-reports-lower-first-quarter-net-income-on-higher-sales-confirms-2013-outlook_51520.html
April 25, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299...
http://www.chemweek.com/regions/western_europe/Time-running-out-for-debt-burdened-PET-producer-La-Seda_51448.html
April 25, 2013
Trading in Evonik Industries (Essen, Germany) shares began today on the Frankfurt and Luxembourg stock exchanges. This follows 3 rounds of private placements this year by major...
http://www.chemweek.com/regions/western_europe/Evonik-Industries-shares-start-trading-in-Frankfurt-and-Luxembourg_51446.html
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