IHS Chemical Week

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February 27, 2015
ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol...
http://www.chemweek.com/regions/western_europe/ACC-highlights-recent-conclusions-on-BPA-"FDA-and-EFSA-assessments-clearly-state-that-BPA-is-safe"_68186.html
February 27, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
http://www.chemweek.com/regions/western_europe/Cefic-EU-chemical-growth-"stagnant-in-2014"_68187.html
February 27, 2015
The European Union’s emissions trading system (EU ETS) allows businesses to purchase permits for carbon dioxide emissions. The current glut of allowances on the market has caused...
http://www.chemweek.com/regions/western_europe/Mixed-responses-to-reform-of-European-emissions-trading-system_68185.html
February 27, 2015
Sika (Baar, Switzerland), today reported that its sales rose to 5.57 billion Swiss francs ($5.9 billion) in full-year 2014, an increase of 13% in local currencies, or 8.3% in reporting...
http://www.chemweek.com/regions/western_europe/Sika-reports-record-year-2014-sales-grow-8-percent-to-$5-9-billion-Ebit-leaps-21-percent_68179.html
February 27, 2015
Evonik Industries says that it has signed a distribution agreement with MedPalett (Sandnes, Norway), a wholly owned subsidiary of life sciences company Biolink Group (Sandnes), under...
http://www.chemweek.com/regions/western_europe/Evonik-signs-distribution-deal-with-MedPalett-for-natural-berry-extract_68177.html
February 27, 2015
BASF today reported fourth-quarter sales of €18.0 billion ($20.2 billion) almost matching the previous year’s level of €18.1 billion. Earnings before interest and tax...
http://www.chemweek.com/regions/western_europe/BASF-reports-higher-earnings-on-flat-sales-will-reduce-capital-expenditure-this-year_68176.html
February 26, 2015
Kemira has appointed Esa-Matti Puputti executive v.p./operational excellence and a member of the Kemira board, effective May 2015. He will report to Kemira president and CEO Jari...
http://www.chemweek.com/regions/western_europe/Kemira-board-appointment_68136.html
February 26, 2015
Solvay today reported net income of €158 million ($179.4 million) during the last quarter of 2014, up from €29 million one year earlier. Recurring Ebitda (Rebitda) was...
http://www.chemweek.com/regions/western_europe/Solvays-net-profit-soars-but-functional-polymers-sales-shrink_68113.html
February 26, 2015
Bayer today reported a 7.4% rise in 2014 net income to €3.43 billion ($3.89 billion) on 5.2% higher sales of €42.24 billion. Adjusted for currency and portfolio effects...
http://www.chemweek.com/regions/western_europe/Bayer-reports-improved-results-will-decide-on-either-a-spinoff-or-IPO-of-MaterialScience_68107.html
February 25, 2015
The German chemical marked a year of ups and downs in 2014 with a weak quarter, chemical industry trade association VCI (Frankfurt) says in its latest summary. Sales for the full year...
http://www.chemweek.com/regions/western_europe/Germanys-chemical-industry-closes-2014-on-weak-note-production-expected-to-grow-1-5-percent-in-2015_68070.html
February 25, 2015
Huntingdon Life Sciences (HLS; Huntingdon, UK) and Harlan Laboratories (Indianapolis) say that, since HLS acquired Harlan last year, the two companies will be rebranded to reflect...
http://www.chemweek.com/regions/western_europe/uk/Huntingdon-Life-Sciences-and-Harlan-Laboratories-to-operate-under-new-name_68071.html
February 25, 2015
A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into...
http://www.chemweek.com/regions/western_europe/Rare-Europe-to-Asia-arbitrage-opens-as-Europes-benzene-market-lengthens_68075.html
February 25, 2015
The national salary negotiations for workers in Germany’s chemical industry have been adjourned without agreement. The negotiations between the employers association BAVC...
http://www.chemweek.com/regions/western_europe/German-chemical-industry-pay-talks-adjourned-without-result-employers-playing-with-fire_68066.html
February 25, 2015
Private equity company Apax Partners has signed a binding agreement to acquire specialty chemicals distributor Azelis (Antwerp) from another private equity firm, 3i Group. Apax and 3i...
http://www.chemweek.com/regions/western_europe/Private-equity-firm-Apax-Partners-confirms-acquisition-of-specialties-distributor-Azelis_68072.html
February 24, 2015
Croda's (Goole, UK) revenue for the fourth quarter of 2014 was £250.2 million ($385.3 million), up 1.5% year-on-year, the company announced today. Sales by the consumer-care...
http://www.chemweek.com/regions/western_europe/Crodas-sales-up-in-the-fourth-quarter-despite-currency-effects_68037.html
February 24, 2015
LyondellBasell said today that it has reached an agreement with Karyn Ovelmen, executive v.p. and CFO, for her “separation from the company.” Ovelmen will continue as CFO for up to three months under the agreement while the company conducts a search for her successor....
http://www.chemweek.com/regions/western_europe/LyondellBasells-CFO-to-leave-the-company_68035.html
February 24, 2015
Royal Dutch Shell says that it has made a final investment decision to rebuild the Ellba propylene oxide–styrene monomer (POSM) plant at Shell Chemicals' Moerdijk, Netherlands...
http://www.chemweek.com/regions/western_europe/Shell-confirms-plans-to-rebuild-Moerdijk-POSM-unit-aromatics-plant-back-onstream-cracker-to-restart-in-third-quarter_68034.html
February 24, 2015
Specialty chemicals producer Elementis (London) today announced its results for 2014. Group sales were 2% higher than a year ago, reaching $790.4 million with no material impact from...
http://www.chemweek.com/regions/western_europe/Elementis-reports-higher-sales-and-earnings_68030.html
February 24, 2015
The environment committee of the European Parliamentary has voted in favor of a reform of the European Union’s Emissions Trading System (EU ETS), backing a draft law to reduce...
http://www.chemweek.com/regions/western_europe/EU-environment-committee-votes-for-market-stability-reserve-to-take-effect-start-of-2019_68049.html
February 24, 2015
Brenntag says that it has expanded its distribution agreement focused on its cosmetics business in Europe with a Dow Chemical microbial control a business unit. New regions...
http://www.chemweek.com/regions/western_europe/Brenntag-expands-distribution-agreement-with-Dow-for-cosmetics-business_68026.html
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