IHS Chemical Week

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June 30, 2015
The benzene contract price for July has settled in Europe at $882/m.t., up about $112 on June's price. June prices have averaged $835–849/m.t. cif Amsterdam-Rotterdam-Antwerp...
http://www.chemweek.com/regions/western_europe/Europe-July-benzene-contract-settles-up-$112_71768.html
June 30, 2015
Greece and its official creditors have been locked in negotiations since early 2015 on the release of the final tranche of funding under the country's second bailout. IHS expects an...
http://www.chemweek.com/regions/western_europe/Grexit-would-have-little-impact-on-Europes-petchem-industry-IHS_71765.html
June 30, 2015
Evonik Industries announced on Tuesday that it has divested its remaining 10.3% stake in the residential real estate company Vivawest to RAG. Evonik, following the transaction, which...
http://www.chemweek.com/regions/western_europe/Evonik-divests-stake-in-real-estate-firm-to-focus-on-specialty-chemicals_71759.html
June 30, 2015
Fifty three small and medium-size enterprises (SMEs) from Germany’s chemical industry have announced that they “completely convinced” in their support of the...
http://www.chemweek.com/regions/western_europe/Germanys-chemical-SMEs-in-favor-of-TTIP_71758.html
June 30, 2015
BASF and Fraunhofer IPMS-CNT (Dresden, Germany) announced on Tuesday that they have joined forces to develop new solutions for the semiconductor industry. BASF has installed a modern...
http://www.chemweek.com/regions/western_europe/BASF-and-German-institute-join-forces-to-develop-electronic-materials_71756.html
June 29, 2015
The development control committee at the county council of Lancashire, UK, has denied planning consent for Cuadrilla's (Lichfield, UK) application to explore for shale gas at two sites...
http://www.chemweek.com/regions/western_europe/UK-council-rejects-two-fracking-applications-by-Cuadrilla-chemical-industry-calls-decision-disappointing_71726.html
June 29, 2015
Cepsa (Madrid) has lifted the force majeure on phenol and acetone supplies from the company's Huelva, Spain, site, the company confirmed Monday. The force majeure was originally...
http://www.chemweek.com/regions/western_europe/Cepsa-lifts-force-majeure-on-phenol-acetone-at-Huelva-Spain_71725.html
June 29, 2015
BASF will lift its force majeure on ethylene oxide (EO) in Europe as of 1 July, the company has announced. BASF declared force majeure on the supply of EO in Europe on 19 May, as...
http://www.chemweek.com/regions/western_europe/BASF-to-lift-force-majeure-on-EO-and-derivatives-in-July_71723.html
June 29, 2015
Bluestar Silicones is investing €15 million ($16.7 million) to develop and modernize its elastomer production units at Saint Fons, France. The project will increase capacity and...
http://www.chemweek.com/regions/western_europe/Bluestar-Silicones-invests-in-eleastomers-production-unit-in-France_71721.html
June 29, 2015
Arkema, at its capital markets day in Paris on Monday, presented its strategy and ambitions and confirmed its mid- and long-term objectives. The group has also detailed its...
http://www.chemweek.com/regions/western_europe/Arkema-confirms-targets-plans-to-double-specialty-molecular-sieves-capacity-in-France_71713.html
June 29, 2015
CF Industries (Deerfield, IL) has sold its stake in Keytrade (Zurich), a worldwide fertilizer trader, to the company’s principals. Financial terms were not disclosed....
http://www.chemweek.com/regions/western_europe/CF-Industries-divests-stake-in-Keytrade_71710.html
June 26, 2015
The incident began at about 10am local time when a car rammed into gas canisters at the plant. French media reports say that the victim was a local businessman who was killed away from the site. Air Products says that all of its employees are safe and accounted for. “I am horrified and saddened by the attack on our facility in France,” says Air Products chairman and CEO Seifi Ghasemi....
http://www.chemweek.com/regions/western_europe/One-dead-in-terror-attack-at-Air-Products-site-in-France_71694.html
June 26, 2015
Specialty chemicals company Altana (Wesel, Germany) on Friday announced that CEO Matthias Wolfgruber will retire and that the supervisory board of the company has appointed Martin...
http://www.chemweek.com/regions/western_europe/germany/Altana-CEO-to-retire-current-CFO-to-take-over_71688.html
June 26, 2015
Negotiations will take place next week for Europe's July styrene contract price and discussions are likely to be complicated by the contrasting factors of falling spot prices and...
http://www.chemweek.com/regions/western_europe/Europes-July-styrene-contract-talks-take-place-amid-falling-spot-prices-rising-feedstock-costs_71699.html
June 26, 2015
Artlant PTA (Sines, Portugal) is expected to restart production in September. The company's 700,000-m.t./year purified terephthalic acid (PTA) plant was mothballed in April 2014...
http://www.chemweek.com/regions/western_europe/Dynamics-of-Europe-Mideast-PTA-markets-poised-to-change-as-Artlant-prepares-to-restart_71698.html
June 26, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has started a project with goal of establishing a framework for the risk assessment of the various factors that cause stress in...
http://www.chemweek.com/regions/western_europe/EFSA-launches-project-to-investigate-factors-that-damage-honeybee-colonies_71693.html
June 26, 2015
OCI NV (Amsterdam), a major producer of nitrogen fertilizers and industrial chemicals, has reached agreement to acquire BioMCN, a methanol producer and pioneer in biomethanol...
http://www.chemweek.com/regions/western_europe/OCI-gains-methanol-foothold-in-Europe-through-acquisition-of-BioMCN_71224.html
June 26, 2015
OCI NV (Amsterdam) on Tuesday announced it has closed the acquisition of BioMCN, a methanol producer and pioneer in biomethanol production based at Delfzijl, Netherlands for €15...
http://www.chemweek.com/regions/western_europe/OCI-NV-closes-BioMCN-methanol-acquisition_71340.html
June 25, 2015
In what has become a fight for global share of the potash market, PotashCorp, the world’s largest producer of fertilizers by capacity, is in the process of making a bid for K+S...
http://www.chemweek.com/regions/western_europe/PotashCorp-bids-to-acquire-European-rival-K+S_71642.html
June 25, 2015
Evonik Industries has confirmed that its supervisory board, at a meeting held today, resolved unanimously to end the term of office of executive board member and COO Patrik...
http://www.chemweek.com/regions/western_europe/Evonik-terminates-COOs-contract_71668.html
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