IHS Chemical Week

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July 28, 2014
Lesaffre Fermentation Technologies (Leaf Technologies; Marcq-en-Baroeul, France), a subsidiary of Lesaffre Group (Marcq-en-Baroeul) has acquired Butalco (Fürigen, Switzerland), a...
http://www.chemweek.com/regions/western_europe/Biofuels-firm-Leaf-Technologies-acquires-biotechnology-start-up_62743.html
July 28, 2014
Following a strategic review announced last October, Consumer goods group Reckitt Benckiser (RB; Slough, UK) said today that it plans to spin off its pharmaceuticals...
http://www.chemweek.com/regions/western_europe/Reckitt-Benckiser-to-spin-off-pharmaceuticals-business_62736.html
July 25, 2014
BASF today reported a 12.3% increase in second-quarter net income, to €1.3 billion ($1.7 billion), on 0.6% higher sales, €18.5 billion. Ebitda was up 9.0%, to €2.7...
http://www.chemweek.com/regions/western_europe/BASF-reports-higher-earnings-on-flat-sales-confirms-outlook_62685.html
July 25, 2014
LyondellBasell Industries reports record earnings for the second quarter of $2.22/share, well above the analysts’ consensus estimate of $1.92/share as reported by Thomson Reuters (New York). Gains were broadly distributed across the business....
http://www.chemweek.com/regions/western_europe/LyondellBasell-reports-record-quarter-as-net-income-increases-27-percent_62721.html
July 24, 2014
M&G Chemicals (Luxembourg) says that an Italian court has confirmed a ruling against Invista, declaring void the Italian counterpart of its patent for polyethylene terephthalate (PET) barrier resin for bottles....
http://www.chemweek.com/regions/western_europe/Italian-court-nullifies-Invistas-barrier-patent-says-M-and-G_62699.html
July 24, 2014
Lonza recorded net profits of 140 million Swiss francs ($155 million) for the first half of 2014 compared with profits of SF41 million in the first half of 2013. Sales for the first...
http://www.chemweek.com/regions/western_europe/switzerland/Lonza-reports-huge-rise-in-profits_62691.html
July 23, 2014
Johnson Matthey says it made progress in the first quarter of 2014/15, covering 1 April–30 June, in the face of headwinds from the effect of foreign currency translation and the...
http://www.chemweek.com/regions/western_europe/Johnson-Matthey-reports-lower-profits-flat-sales_62652.html
July 23, 2014
Syngenta’s net income including restructuring and impairment was $1.4 billion, 1% lower in the first six months of this year, on sales up 1%, to $8.5 billion, the company...
http://www.chemweek.com/regions/western_europe/Syngentas-first-half-growth-held-back-by-North-America-outlook-confirmed_62650.html
July 23, 2014
AkzoNobel today reported higher second-quarter profits and confirmed its outlook for 2015. Net income was up 11%, to €205 million ($276 million), with Ebitda advancing 7%, to...
http://www.chemweek.com/regions/western_europe/AkzoNobel-reports-higher-second-quarter-profits-confirms-outlook_62649.html
July 23, 2014
Europe's ethylene producers expect to be able to defend current contract price levels despite a long market balance, as the European industry prepares for the scheduled turnaround of...
http://www.chemweek.com/regions/western_europe/Europes-ethylene-producers-hope-to-defend-August-prices-despite-oversupply_62662.html
July 23, 2014
State-controlled electricity generator and supplier EDF (Paris) has signed a memorandum of understanding (MoU) with Exeltium, a consortium of France's biggest industrial electricity...
http://www.chemweek.com/regions/western_europe/Electricity-producer-EDF-agrees-to-cut-power-prices-for-Frances-biggest-industrial-consumers_62656.html
July 22, 2014
Output of chemicals increased 1.8% in the European Union during the first five months of 2014 compared with the corresponding period of last year, Cefic says. However, chemicals output...
http://www.chemweek.com/regions/western_europe/EU-production-of-chemicals-increased-in-first-five-months-but-output-slipped-in-May_62634.html
July 22, 2014
Kemira today reported its second-quarter results, with net profit down to €1.8 million ($2.4 million) from €3.7 million in the year-earlier quarter. Revenues decreased 9%, to...
http://www.chemweek.com/regions/western_europe/Kemira-reports-lower-profits-and-revenues-looking-for-acquisitions_62633.html
July 22, 2014
Wacker Chemie said today that it has upgraded its annual Ebitda projection. Ebitda for 2014 is now projected to be at least one-third higher than last year’s €678.7 million...
http://www.chemweek.com/regions/western_europe/Wacker-upgrades-annual-earnings-forecast-on-restructured-polysilicon-contracts_62631.html
July 22, 2014
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating...
http://www.chemweek.com/regions/western_europe/Crodas-sales-and-earnings-down-unlikely-to-match-last-years-pretax-profit_62628.html
July 21, 2014
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site...
http://www.chemweek.com/regions/western_europe/AkzoNobel-and-Evonik-join-forces-in-membrane-cell-chlor-alkali-project-in-Germany_62608.html
July 18, 2014
The boards of AbbVie (North Chicago, IL) and Shire (Dublin) announced today that they have reached agreement for AbbVie to acquire Shire for approximately £32 billion ($54.7...
http://www.chemweek.com/regions/western_europe/AbbVie-to-acquire-Shire-for-$55-billion_62587.html
July 18, 2014
Mylan (Pittsburgh) has entered into a definitive agreement with Abbott to acquire Abbott's non-US developed markets specialty and branded generics business in an all-stock transaction...
http://www.chemweek.com/regions/western_europe/Mylan-to-acquire-Abbotts-non-US-branded-generics-pharma-business_62580.html
July 18, 2014
Yara International (Oslo) today reported strong second-quarter results, with improved European commodity margins because of lower gas price. Lower nitrate deliveries impacted results...
http://www.chemweek.com/regions/western_europe/Yara-reports-strong-second-quarter-results-hikes-NPK-capacity-in-Finland_62579.html
July 17, 2014
BP Chemicals Ltd. (BPCL), a BP subsidiary, has lifted the force majeure at the company's 154,000-m.t./year acetic anhydride plant at Saltend, near Hull, UK, the company confirmed...
http://www.chemweek.com/regions/western_europe/BP-lifts-force-majeure-at-UK-acetic-anhydride-plant_62511.html
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