IHS Chemical Week

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February 12, 2015
Albany Molecular (AMRI) has announced plans to close its facility at Holywell, Wales, UK, the company says. The plant makes active pharmaceutical ingredients (APIs) and is involved in...
http://www.chemweek.com/regions/western_europe/AMRI-plans-to-close-UK-plant_67767.html
February 12, 2015
Composite materials supplier Gurit (Zurich) today announced that it plans to cut 80–90 jobs at its facility in Newport (Isle of Wight, UK). The jobs will be eliminated during...
http://www.chemweek.com/regions/western_europe/Gurit-to-cut-80-90-jobs-in-UK-invests-$6-5-million-in-Hungary-forms-composite-materials-business-unit_67756.html
February 12, 2015
Private equity firm 3i Group says that it has received an offer from another private equity firm, Apax Partners, to buy 3i's majority stake in specialty chemicals distributor Azelis...
http://www.chemweek.com/regions/western_europe/Private-equity-firm-3i-in-talks-to-sell-specialties-distributor-Azelis-to-another-private-equity-company_67754.html
February 11, 2015
RAG Foundation (Essen, Germany), the majority owner of Evonik Industries, has announced an unsubordinated and unsecured exchangeable bond of €400.0 million ($452.7 million)...
http://www.chemweek.com/regions/western_europe/RAG-Foundation-issues-&euro400-million-bond-exchangeable-into-2-2-percent-Evonik-stake_67721.html
February 11, 2015
DSM's net profit from continuing operations before exceptional items in the fourth quarter of 2014 amounted to €89.0 million ($100.7 million), down about 12% from €101.0...
http://www.chemweek.com/regions/western_europe/DSMs-fourth-quarter-net-profit-down-about-12-percent_67717.html
February 11, 2015
A Tessenderlo Group (Brussels) subsidiary says that it has purchased the herbicide assets of norflurazon or Solicam from a Syngenta crop protection subsidiary headquartered in...
http://www.chemweek.com/regions/western_europe/belgium/Tessenderlo-acquires-certain-herbicide-assets-from-Syngenta_67716.html
February 11, 2015
Merck KGaA (Darmstadt, Germany) says that it is partnering with FlexEnable (Cambridge, UK), the leader in developing and industrializing flexible organic electronics and that, as part...
http://www.chemweek.com/regions/western_europe/uk/Merck-KGaA-partners-with-UK-based-company-for-plastic-LCD-technology_67714.html
February 11, 2015
Ineos has warned that its massive UK manufacturing complex at Grangemouth, Scotland, has no long-term future if the Scottish government does not reverse its decision to impose a...
http://www.chemweek.com/regions/western_europe/Ineos-Grangemouth-complex-has-no-long-term-future-if-Scotland-bans-fracking_67713.html
February 11, 2015
EuroChem Group AG (Zug, Switzerland), a leading global producer of fertilizers, today reported consolidated revenues for the year ended 31 December 2014 of 193 billion Russian rubles...
http://www.chemweek.com/regions/western_europe/EuroChem-reports-net-loss-in-2014-as-the-Russian-currency-weakens_67723.html
February 11, 2015
Styrolution, the global leader in styrenics owned by Ineos, today announced three appointments to its management board, including two regional presidents and a new position, president...
http://www.chemweek.com/regions/western_europe/Styrolution-changes-management-board_67711.html
February 11, 2015
Yara International (Oslo), a major fertilizer player, today reported fourth-quarter net income after noncontrolling interests of 1.86 billion Norwegian kroner ($245.3 million)...
http://www.chemweek.com/regions/western_europe/Yara-raises-fourth-quarter-profits-and-sales-on-lower-gas-prices-and-stronger-dollar_67708.html
February 11, 2015
Specialty chemicals distributor IMCD Group (Rotterdam) says that Arjan Kaaks was appointed as member of its supervisory board at the extraordinary general meeting held on 10 February...
http://www.chemweek.com/regions/western_europe/netherlands/IMCD-appoints-new-supervisory-board-member_67707.html
February 11, 2015
Kemira (Helsinki) has today announced results for fourth-quarter and full-year 2014. The company says that revenue “remained stable” at €547.1 million ($619.4 million)...
http://www.chemweek.com/regions/western_europe/Kemira-reports-growth-improved-profitability_67682.html
February 10, 2015
Kinder Morgan (Houston) today intends to buy three terminals and one undeveloped site from Vopak for $158.0 million. The assets comprise a 36-acre, 1.0-million bbl storage complex...
http://www.chemweek.com/regions/western_europe/netherlands/Kinder-Morgan-to-acquire-three-terminals-site-from-Vopak-for-$158-million_67674.html
February 10, 2015
Dishman Group (Ahmedabad, India), a leading outsourcing partner for the global pharmaceutical industry, announced today FDA has successfully completed inspecting its Veenendaal...
http://www.chemweek.com/regions/western_europe/FDA-approves-Dishman-site-in-the-Netherlands_67652.html
February 10, 2015
Styrene monomer spot prices have risen sharply in the last week, jumping from $900/m.t. fob Rotterdam to $1,020/m.t. fob Rotterdam between 30 January and 9 February—continuing a...
http://www.chemweek.com/regions/western_europe/Styrene-spot-prices-up-Europe-most-expensive-region_67685.html
February 10, 2015
Lanxess is said to be in separate talks with Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia) and Saudi Aramco to sell a minority stake in its rubber business, according to a Reuters...
http://www.chemweek.com/regions/western_europe/Reports-Lanxess-in-talks-to-sells-a-minority-stake-in-synthetic-rubber-business_67683.html
February 10, 2015
The British Coatings Federation (BCF; Leatherhead, UK), the Metal Packaging Manufacturers Association (Wokingham, UK), the Food and Drink Federation (London), and the British Plastics...
http://www.chemweek.com/regions/western_europe/British-industry-associations-call-for-action-on-restriction-of-BPA-use-in-France_67689.html
February 10, 2015
The United Steelworkers (USW) union said Monday that it would resume discussions with Royal Dutch Shell on Tuesday regarding a new three-year labor contract agreement. The USW is...
http://www.chemweek.com/regions/western_europe/USW-and-Shell-to-resume-labor-contract-discussions-on-Tuesday_67669.html
February 10, 2015
Paints and coatings company Tikkurila (Helsinki) says its revenue in fourth-quarter 2014 was €104.4 million ($118.0 million), a drop of 11% compared with sales of €116.7...
http://www.chemweek.com/regions/western_europe/Tikkurila-reports-fall-in-sales-and-profit-in-fourth-quarter-and-full-year-2014_67678.html
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