IHS Chemical Week

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May 9, 2014
Odfjell posted a net loss of $23 million in the first quarter compared with a net loss of $13 million in the first quarter of 2013. Sales were $266 million, up from $256 million in the...
http://www.chemweek.com/regions/western_europe/Odfjell-net-loss-widens-plans-restructuring_60964.html
May 9, 2014
BASF says it is offering a high-performance nylon derived from renewable raw materials under the company's Ultramid brand. The product is based on certified biomass. The resulting...
http://www.chemweek.com/regions/western_europe/BASF-introduces-nylon-derived-from-biomass_60962.html
May 9, 2014
Repsol (Madrid) has reported a 27% rise in first-quarter net profit, to €807 million ($1.11 billion). Petrochemicals sales were also up 27%, reaching 653,000 m.t. The company a...
http://www.chemweek.com/regions/western_europe/Repsol-reports-higher-income-in-first-quarter-petchem-sales-volumes-rise_60959.html
May 9, 2014
Marcus Kuhnert. Merck KGaA says that the board of partners of E. Merck KG, the body that appoints the executive board members of Merck, has appointed Marcus Kuhnert as group CFO...
http://www.chemweek.com/regions/western_europe/germany/Merck-KGaA-appoints-new-CFO_60957.html
May 8, 2014
FRX Polymers (Chelmsford MA) has closed its series-C financing round at $20 million, the company has announced. The financing was led by the Flemish investment company, PMV (Brussels)...
http://www.chemweek.com/regions/western_europe/Green-flame-retardant-start-up-closes-$20-million-series-C-financing-round_60895.html
May 8, 2014
Germany's energy-intensive industries association EID (Berlin) says it welcomes the decision by the German government to continue the cost relief regulation, part of the...
http://www.chemweek.com/regions/western_europe/Energy-industries-association-welcomes-reform-of-renewable-energy-law-but-warns-on-high-energy-costs_60902.html
May 8, 2014
Paints and coatings company Tikkurila (Helsinki) says that its revenue for the first quarter of 2014 increased to €141.5 million ($196.8 million), compared with €138.4...
http://www.chemweek.com/regions/western_europe/Tikkurila-sales-increase-by-2-2-percent-in-first-quarter-2014-Ebit-jumps-28-5-percent-YOY_60898.html
May 8, 2014
The European Commission says it has approved the proposed merger of the European chlorvinyls businesses of Ineos and Solvay, subject to the divestment by Ineos of suspension polyvinyl...
http://www.chemweek.com/regions/western_europe/EU-approves-Ineos-Solvay-chlorvinyls-merger-subject-to-PVC-EDC-chlor-alkali-divestments_60896.html
May 8, 2014
Lanxess has announced a process to realign the company, following a major downturn in some of the markets it serves. New CEO Matthias Zachert who took the helm on 1 April, says the...
http://www.chemweek.com/regions/western_europe/Lanxess-begins-realignment-under-new-CEO-raises-share-capital-Update_60886.html
May 7, 2014
Arkema will cease production at its coating resins production unit at Stallingborough, UK, the company confirmed today. The plant was formerly part of Cray Valley, a Total subsidiary...
http://www.chemweek.com/regions/western_europe/Arkema-to-cease-coating-resins-production-at-UK-site_60865.html
May 7, 2014
Emissions of carbon dioxide (CO2) from fossil fuel combustion by the 28 member states of the European Union decreased by 2.5% in in 2013 compared with those in 2012, according to...
http://www.chemweek.com/regions/western_europe/EU-carbon-dioxide-emissions-fall-by-2-5-percent-in-2013-compared-with-2012_60862.html
May 7, 2014
Biesterfeld (Hamburg), a leading pan-European chemical distributor, says its operating profit slipped in 2013, to €29.4 million, with sales up 6%, to €1.06 billion. The...
http://www.chemweek.com/regions/western_europe/Biesterfeld-posts-increase-in-annual-sales_60858.html
May 7, 2014
Brenntag posted a 3% increase in profit after tax for the first quarter, to €72 million, on sales down slightly, to €2.42 billion. Gross profit increased 1% year-on-year...
http://www.chemweek.com/regions/western_europe/Upturn-in-Europe-North-America-boosts-Brenntags-earnings_60857.html
May 7, 2014
Symrise (Holzminden, Germany) says it increased sales in the first quarter of 2014 of €470 million ($654 million) compared with €458 million in the year-ago quarter, or 2.6%...
http://www.chemweek.com/regions/western_europe/Symrise-sales-up-2-6-percent-in-first-quarter-Ebitda-rises-by-9-0-percent_60854.html
May 7, 2014
Arkema has posted a €77-million ($107.1 million) net profit for the first quarter, swinging back to profit from a €30-million net loss during the first quarter of last year...
http://www.chemweek.com/regions/western_europe/Arkema-swings-to-profit-but-sales-decline_60853.html
May 7, 2014
Ineos has reached an agreement with Evergas (Copenhagen) to expand, from four to six vessels, the former's order for a series of ethane vessels that are under construction in...
http://www.chemweek.com/regions/western_europe/Ineos-orders-two-additional-ethane-carriers-from-Evergas_60851.html
May 7, 2014
Borealis has awarded Jacobs Engineering with an engineering, procurement, and construction management (EPCM) services contract for a previously announced project to...
http://www.chemweek.com/regions/western_europe/Jacobs-awarded-EPCM-contract-for-Borealis-XLPE-expansion-at-Stenungsund_60850.html
May 7, 2014
BASF has doubled capacity of its non-phthalate plasticizer at Ludwigshafen, the company announced today. The company increased capacity for its Hexamoll Dinch–branded plasticizer...
http://www.chemweek.com/regions/western_europe/BASF-doubles-non-phthalate-plasticizer-capacity-at-Ludwigshafen_60849.html
May 7, 2014
Linde says it achieved sales of €4.05 billion ($5.63 billion) in first-quarter 2014, an increase of 1.5% versus the year-ago quarter, or 7.3% after adjusting for exchange rate...
http://www.chemweek.com/regions/western_europe/Linde-operating-profit-falls-2-7-percent-on-slight-revenue-increase-confirms-2014-outlook_60848.html
May 7, 2014
AkzoNobel and Solvay have joined forces with Ernst & Young to jointly develop a monitoring system that tracks and quantifies the use of renewable raw materials in paints, coatings...
http://www.chemweek.com/regions/western_europe/netherlands/AkzoNobel-and-Solvay-join-forces-with-Ernst-and-Young-to-monitor-sustainable-raw-material-use_60847.html
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