IHS Chemical Week

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May 8, 2013
Bayer MaterialScience says it is winding down its carbon nanotubes (CNT) program because “comprehensive commercialization” of the nanotechnology within Bayer’s core...
http://www.chemweek.com/regions/western_europe/Bayer-MaterialScience-exiting-nanotech_51858.html
May 8, 2013
Lenzing Group (Lenzing, Austria) has reported consolidated sales of €496.5 million ($653.6 million) for the first quarter of 2013, a decline of 6% from the €528 million...
http://www.chemweek.com/regions/western_europe/Lenzing-reports-earnings-fall-confirms-full-year-guidance_51850.html
May 8, 2013
Brenntag reports a 12% drop in first-quarter profit after tax compared with the same period of 2012, to almost €70 million ($92 million), on sales up 1.4%, to €2.4 billion...
http://www.chemweek.com/regions/western_europe/Brenntags-earnings-fall-on-weak-economy_51852.html
May 8, 2013
An explosion on board a train carrying chemicals has killed 2 people and injured 93 near the town of Schellebelle, Belgium. The fire broke out when six tanker wagons derailed on 4 May...
http://www.chemweek.com/regions/western_europe/Chemical-train-derailment-kills-2-updated_51802.html
May 8, 2013
Evonik Industries today reported a 7% rise in first-quarter net profit, to €289 million ($378.4 million), on a 4% decline in sales, to €3.26 billion, due to the divestment of...
http://www.chemweek.com/regions/western_europe/Evonik-raises-profit-confirms-2013-guidance-to-exit-real-estate-business_51841.html
May 7, 2013
OMV (Vienna) has earmarked €230 million ($301.6 million) to build a new butadiene plant at the petrochemical complex that forms part of the company's Burghausen, Germany, refinery...
http://www.chemweek.com/regions/western_europe/OMV-earmarks-&euro230-million-for-new-butadiene-capacity-in-Germany-and-Austria_51815.html
May 7, 2013
Flexitallic Group (Houston) is in the process of being acquired by private equity firm Bridgepoint (London), Flexitallic has announced. The €450-million ($590 million)...
http://www.chemweek.com/regions/western_europe/Private-equity-firm-Bridgepoint-acquires-sealant-solutions-firm_51803.html
May 7, 2013
Odfjell posted a $13-million net loss for the first quarter compared with a net loss of $4 million in the corresponding period of 2012, on sales down 13%, to $291 million. Ebitda fell...
http://www.chemweek.com/regions/western_europe/Odfjells-net-losses-widen-agreement-signed-for-expanded-tank-storage-JV_51807.html
May 7, 2013
Symrise (Holzminden, Germany) reports net income of €46 million ($60.3 million) for the first quarter of 2013, an increase of almost 7% compared with the same quarter the year...
http://www.chemweek.com/regions/western_europe/Symrises-first-quarter-net-profit-up-7-percent_51806.html
May 7, 2013
Ineos and Solvay have confirmed CW’s exclusive report that they are in the process of forming a leading vinyls joint venture. The companies announced today that they have...
http://www.chemweek.com/regions/western_europe/Ineos-and-Solvay-confirm-plans-for-vinyls-JV-Solvay-to-exit-business-in-the-future_51801.html
May 7, 2013
Tessenderlo Group (Brussels) says it has sold Tessenderlo Partecipazioni (Milan), including its subsidiary Tessenderlo Italia (Milan), to International Chemical Investors Group (ICIG)...
http://www.chemweek.com/regions/western_europe/italy/Tessenderlo-sells-its-electrolysis-and-chloroaromatics-activities-in-Italy-to-International-Chemical-Investors-Group_51804.html
May 3, 2013
The EU antidumping investigation into biodiesel imports from Indonesia could provoke a complaint by Indonesia to the World Trade Organization (WTO; Geneva), according to...
http://www.chemweek.com/regions/western_europe/Indonesia-may-complain-to-WTO-over-EU-biodiesel-antidumping-investigation_51754.html
May 3, 2013
Private equity firm Sun Capital (Boca Raton, FL) says it will combine five of the packaging companies its owns under its Exopack Holdings (Spartanburg, SC) investment. The...
http://www.chemweek.com/regions/western_europe/Sun-Capital-to-combine-packaging-investments-under-Exopack_51745.html
May 3, 2013
ASK Chemicals, a 50-50 joint venture between Ashland and Clariant, sold granulate, coatings, and hot top metal casting products to Iranian government entities, Ashland said in a...
http://www.chemweek.com/regions/western_europe/Ashland-Clariant-JV-sold-casting-products-to-Iran_51753.html
May 3, 2013
Bayer CropScience is changing its management structure following the retirement at the end of May of Rüdiger Scheitza, head of strategy and business management (SBM) and...
http://www.chemweek.com/regions/western_europe/germany/Bayer-CropScience-changes-management-structure_51744.html
May 3, 2013
Vertellus Specialties (Indianapolis) says that its facility at Antwerp has completed capital and other upgrades for the manufacture of niacin, or nicotinic acid, for pharmaceutical...
http://www.chemweek.com/regions/western_europe/belgium/Vertellus-upgrades-Belgium-facility-for-API-niacin-manufacture_51741.html
May 2, 2013
Arkema has launched production of Rilsan T, a biobased nylon-10,10 processed from castor oil, at the company's production facility at Serquigny, France, the company has announced. The...
http://www.chemweek.com/regions/western_europe/Arkema-launches-production-of-biobased-nylon-1010_51687.html
May 2, 2013
Shell's chemicals earnings were up 13% year-over-year during the first quarter to €555 million ($731.7 million) on a current cost of supply basis, the company announced today...
http://www.chemweek.com/regions/western_europe/Shells-earnings-from-petchem-activities-up-over-13-percent_51668.html
May 2, 2013
DSM's core net profit fell 13.4%, to €129 million ($170 million) during the first quarter of 2013, compared with the same period last year when it stood at €149 million, the...
http://www.chemweek.com/regions/western_europe/DSMs-net-profit-falls-13-percent-in-the-first-quarter-as-performance-materials-sales-decline_51661.html
May 2, 2013
Styron Europe (Horgen, Switzerland), leader in the production of styrene butadiene (SB) latex, has reduced SB latex capacity in Europe, the company announced today. Styron reduced...
http://www.chemweek.com/regions/western_europe/Styron-cuts-styrene-butadiene-latex-capacity-in-Europe-on-declining-demand_51663.html
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