IHS Chemical Week

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May 10, 2013
Indebted petrochemical producer Oltchim (Râmnicu Vâlcea, Romania), will lay off a quarter of its staff starting next week, according to reports in the Romanian press. About...
http://www.chemweek.com/regions/eastern_europe/hungary/Report-Romanias-Oltchim-to-lay-off-25-percent-of-its-staff_51883.html
April 10, 2013
The European Commission has rejected a request by the Romanian government to supply debt-burdened petrochemical manufacturer Oltchim (Râmnicu Vâlcea, Romania) with €20...
http://www.chemweek.com/regions/eastern_europe/hungary/Reports-European-Commission-rejects-government-aid-scheme-for-Oltchim_51040.html
February 14, 2013
Brenntag has expanded its service portfolio for the coating and construction industry at its technical center in Budapest with the opening of an applications laboratory. The new...
http://www.chemweek.com/regions/eastern_europe/hungary/Brenntag-opens-coatings-lab-in-Hungary_49817.html
February 8, 2013
A Romanian court has approved the request for insolvency filed by beleaguered petrochemical manufactuer Oltchim (Râmnicu Vâlcea, Romania) on 30 January, local media reports...
http://www.chemweek.com/regions/eastern_europe/hungary/Romanian-court-approves-Oltchim-insolvency_49721.html
February 1, 2013
Tessenderlo Group (Brussels) has completed the sale of Profialis, its continental European polyvinyl chloride (PVC) profiles activities, to private equity firm OpenGate Capital (Los...
http://www.chemweek.com/regions/eastern_europe/hungary/Tessenderlo-closes-Profialis-divestment_49502.html
January 24, 2013
Chemical producer Oltchim (Ramnicu Valcea, Romania) filed for insolvency on 23 January 2013, according to reports in Agerpress, one the the country’s news agencies. Varujan...
http://www.chemweek.com/regions/eastern_europe/hungary/Romanias-Oltchim-files-for-insolvency-reports-say_49250.html
January 18, 2013
Romania’s minister of economy, Varujan Vosganian, has presented a proposal to resolve the ongoing crisis at chemical firm Oltchim (Ramnicu Valcea, Romania), according to Romanian...
http://www.chemweek.com/regions/eastern_europe/hungary/Romanias-minister-of-economy-presents-proposals-to-resolve-Oltchim-crisis_49121.html
January 15, 2013
KBR (Houston) has been awarded a contract by Nitrogenmuvek (Várpalota, Hungary) to provide the license and basic engineering design package for Nitrogenmuvek’s ammonia...
http://www.chemweek.com/regions/eastern_europe/hungary/KBR-to-provide-design-package-for-Hungarian-ammonia-plant-revamp_48996.html
January 3, 2013
HIP Petrohemija (Pancevo, Serbia) says it has started operations at an expanded high-density polyethylene (HDPE) plant at the company's Pancevo refinery and petrochemicals complex...
http://www.chemweek.com/regions/eastern_europe/hungary/Expanded-HDPE-plant-starts-up-in-Serbia_48710.html
October 8, 2012
The geographic balance of demand in the global petrochemical market will continue to shift from Western Europe and North America to fast-growing economies in Asia/Pacific and...
http://www.chemweek.com/regions/eastern_europe/hungary/EPCA-2012-Petchem-demand-shifts-east-as-capacity-heads-west_46787.html
October 8, 2012
Tom Crotty, president of the European Petrochemical Association (EPCA) and group director of Ineos, delivered an opening presentation today at the 46th EPCA annual meeting in Budapest...
http://www.chemweek.com/regions/eastern_europe/hungary/EPCA-2012-Talent-and-technology-will-drive-industry-innovation_46791.html
October 7, 2012
Europe's olefins and derivatives industry must focus on adding value to its products, if it is to survive in a rapidly changing global petrochemicals market, says Matthew Thoelke...
http://www.chemweek.com/regions/eastern_europe/hungary/EPCA-2012-Differentiation-is-key-to-survival-of-Europes-olefins-industry_46788.html
October 4, 2012
Production is due to resume at the Ramnicu Valcea, Romania complex of Oltchim (Ramnicu Valcea) on 12 October after the Romanian government decided to shelve the company's...
http://www.chemweek.com/regions/eastern_europe/hungary/Oltchim-to-resume-production-next-week_46703.html
October 3, 2012
The Romanian government has shelved plans to sell its majority stake in Oltchim (Ramnicu Valcea, Romania) after the selected bidder, Dan Diaconescu, did not submit required documents...
http://www.chemweek.com/regions/eastern_europe/hungary/Romania-shelves-Oltchim-privatization_46640.html
September 26, 2012
Oil and gas company MOL (Budapest) says it will invest Ft30 billion ($138 million) to build a previously announced butadiene plant at the Tiszaújváros, Hungary, site of...
http://www.chemweek.com/regions/eastern_europe/hungary/Hungarys-MOL-Plans-Butadiene-Unit_46533.html
September 24, 2012
Romanian politician and businessman Dan Diaconescu won the previously announced auction to buy the Romanian government's majority stake in Oltchim (Râmnicu Vâlcea...
http://www.chemweek.com/regions/eastern_europe/hungary/Romanian-Businessman-Wins-Auction-to-Buy-Oltchim-Stake-but-Deal-Still-in-Doubt_46488.html
September 7, 2012
The CEO and 16 senior managers of Oltchim (Râmnicu Vâlcea, Romania) have resigned after the Romanian government announced plans to sell its majority stake in the company at...
http://www.chemweek.com/regions/eastern_europe/hungary/Oltchim-Management-Quits-as-Privatization-Approaches_46108.html
July 5, 2012
The Romanian government says it has placed chemical company Oltchim (Ramnicu Valcea, Romania) under special administration, to streamline the company for its previously announced...
http://www.chemweek.com/regions/eastern_europe/hungary/Romanian-Government-Places-Oltchim-under-Special-Administration_44653.html
July 4, 2012
The European Bank for Reconstruction and Development (EBRD; London) says it is stepping up its support for energy-efficiency programs in Central and Eastern Europe with a $150-million...
http://www.chemweek.com/regions/eastern_europe/hungary/MOL-Receives-$150-Million-Loan-from-EBRD-to-Improve-Slovnafts-Energy-Efficiency_44643.html
June 12, 2012
Ubichem (Budapest, Hungary) says it has acquired a large scale fine chemicals manufacturing site at Budapest. The site, which is called Ubichem Pharma Manufacturing, produces starting...
http://www.chemweek.com/regions/eastern_europe/hungary/Ubichem-Acquires-Fine-Chemicals-Site-in-Hungary_44102.html
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