IHS Chemical Week

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December 19, 2014
Germany’s constitutional court, BVG (Karlsruhe) has declared in a ruling that the exemption rules in the inheritance tax code are in part unconstitutional and has given lawmakers...
http://www.chemweek.com/regions/western_europe/Mittelstand-Germanys-constitutional-court-declares-inheritance-tax-partly-unconstitutional_66365.html
December 19, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its performance products business segment has agreed to sell its Rhenoflex business unit based at Ludwigshafen and in China to Findos...
http://www.chemweek.com/regions/western_europe/ICL-to-divest-shoe-reinforcement-materials-business_66367.html
December 19, 2014
Shareholders of GlaxoSmithKline (GSK) on Thursday approved by an overwhelming majoring a planned deal with Novartis, which sets the two pharma groups to trade more than $20.0 billion...
http://www.chemweek.com/regions/western_europe/GSK-shareholders-approve-$20-billion-asset-deal-with-Novartis_66362.html
December 18, 2014
Dérivés Résiniques et Terpéniques (DRT; Dax, France) has acquired a new crude tall oil (CTO) fractionation technology on its site at Vielle-Saint-Girons...
http://www.chemweek.com/regions/western_europe/French-turpentine-producer-invests-in-new-CTO-technology_66296.html
December 18, 2014
ExxonMobil Chemical France, an ExxonMobil subsidiary, has confirmed that it plans to close the regular butyl rubber unit at the company's Notre Dame de Gravenchon, France complex. The...
http://www.chemweek.com/regions/western_europe/ExxonMobil-Chemical-to-close-butyl-rubber-unit-in-France_66289.html
December 18, 2014
Uralkali (Berezniki, Russia), one of the largest potash producers, today announced its third-quarter results with revenues up 5% on the year-earlier quarter at $896 million. Production...
http://www.chemweek.com/regions/western_europe/Uralkali-reports-strong-results-expects-record-potash-deliveries-this-year_66292.html
December 18, 2014
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) has acquired a 51% stake in plastics institute Norner (Stathelle, Norway) from the current Norwegian owners...
http://www.chemweek.com/regions/western_europe/SCG-Chemicals-acquires-plastics-institute-in-Norway_66291.html
December 18, 2014
The management of logistics service provider Vos Logistics (Oss, Netherlands) and Scheybeeck Investments (Beverwijk, Netherlands) have together completed the previously announced...
http://www.chemweek.com/regions/western_europe/Management-completes-buyout-of-Vos-Logistics_66288.html
December 18, 2014
BASF says that its coatings division has started up a new Netzsch LMZ25 beadmill at its Deeside, UK site. The mill will be used to manufacture intermediate pigment pastes in the PVC...
http://www.chemweek.com/regions/western_europe/uk/BASF-starts-up-beadmill-in-UK-site_66282.html
December 17, 2014
Flavors and fragrances manufacturer Evolva (Reinach, Switzerland) says it has completed its acquisition of Allylix (San Diego, CA), a start-up with technology for bio-based fragrance...
http://www.chemweek.com/regions/western_europe/Evolva-completes-acquisition-of-Allylix_66277.html
December 17, 2014
Fluor has started construction activities on a new delayed coker unit for ExxonMobil's petroleum and chemical business at its Antwerp refinery. The project will expand the...
http://www.chemweek.com/regions/western_europe/Fluor-starts-work-on-ExxonMobil-Antwerp-refinery-project_66229.html
December 17, 2014
Banner Chemicals (Runcorn, UK) said today that it has agreed to acquire Leicester, UK–based Stowlin Croftshaw, a maker of a complete range of products for metal surface...
http://www.chemweek.com/regions/western_europe/Banner-Chemicals-acquires-metals-surface-tratment-group-Stowlin_66237.html
December 17, 2014
Bayer HealthCare announced today that it has definitively agreed to sell its equine products Legend/Hyonate (hyaluronate sodium) and Marquis (ponazuril) to Merial. The deal is expected...
http://www.chemweek.com/regions/western_europe/Bayer-HealthCare-divests-old-animal-health-products-to-Merial_66231.html
December 17, 2014
Restarting Versalis's (Milan) Porto Marghera, Italy naphtha cracker is feasible, given that the company has not laid off any of the plant's employees, under the terms of an agreement...
http://www.chemweek.com/regions/western_europe/Porto-Marghera-cracker-restart-is-feasible-would-make-ethylene-market-balanced-to-long-market-source_66243.html
December 17, 2014
DSM says that it has agreed to sell its coating resins business Synres to private equity firm Standard Investment (Amsterdam). Financial details of the deal have not been disclosed...
http://www.chemweek.com/regions/western_europe/netherlands/DSM-to-sell-coating-resins-business-to-private-equity-firm_66227.html
December 17, 2014
The European Council–the institution of the heads of state or government of the member states of the European Union—has announced that it has reached a political agreement...
http://www.chemweek.com/regions/western_europe/European-Council-reaches-political-agreement-to-reduce-consumption-of-plastic-bags_66247.html
December 17, 2014
Styrene spot values in Europe have lost about $400/m.t. in two weeks as the market has been forced to adjust to the new upstream environment at a time when European styrene production...
http://www.chemweek.com/regions/western_europe/Europe-styrene-prices-plummet-on-the-back-of-weaker-energy-markets_66240.html
December 17, 2014
Six substances have been added to the candidate list of substances of very high concern (SVHC), under the European Union’s Registration, Evaluation, Authorisation, and...
http://www.chemweek.com/regions/western_europe/ECHA-adds-six-substances-to-SVHC-list_66244.html
December 15, 2014
Cepsa (Madrid) declared force majeure on phenol and acetone production at its site in Huelva, Spain, a company source confirmed Monday. It was understood that customers would be put on...
http://www.chemweek.com/regions/western_europe/Cepsa-declares-force-majeure-on-phenol-at-Spanish-site_66184.html
December 15, 2014
Versalis (Milan) could restart production at its 490,000-m.t./year naphtha-based steam cracker at Porto Marghera, Italy, in February 2015 despite having announced in September that the...
http://www.chemweek.com/regions/western_europe/Report-Versalis-could-restart-Porto-Marghera-steam-cracker_66183.html
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