IHS Chemical Week

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May 18, 2015
The United States has seen benzene derivative exports moving to Europe with cumene and cyclohexane this week, as operational issues in that region have left producers looking to cover...
http://www.chemweek.com/regions/western_europe/US-benzene-derivative-exports-move-to-EU-amid-production-issues_70450.html
May 15, 2015
Wacker Chemie, after performing well in the first quarter, today said it is raising its sales forecast for 2015. The company generated sales of €1.33 billion ($1.49 billion) in...
http://www.chemweek.com/regions/western_europe/Wacker-raises-2015-sales-forecast-after-good-first-quarter_69962.html
May 15, 2015
Perstorp reports a net loss of 290 million Swedish kronor for the first quarter, compared with a net loss of SK189 million in the corresponding period of last year. The wider loss...
http://www.chemweek.com/regions/western_europe/Perstorps-net-loss-widens-on-higher-financial-costs-stronger-volumes-boost-sales_70441.html
May 15, 2015
Cefic and the American Chamber of Commerce to the European Union (AmCham EU; Brussels) hosted a joint event this week on the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/regions/western_europe/Cefic-EU-and-US-industry-have-a-responsibility-to-speak-up-in-support-of-TTIP_70434.html
May 15, 2015
Speculation is growing that Monsanto could soon return with a sweetened offer for Syngenta after lining up buyers for large parts of Syngenta’s seeds business, especially in...
http://www.chemweek.com/regions/western_europe/Reports-Monsanto-seeks-buyers-for-Syngentas-US-seeds-business-to-meet-antitrust-concerns_70432.html
May 14, 2015
The styrene-over-benzene spread in Europe has jumped almost to $550/m.t., a gain of about $120/m.t. on the week, as benzene and styrene spot prices have been pulled in opposite...
http://www.chemweek.com/regions/western_europe/Styrene-benzene-spread-approaches-$550-in-Europe-as-production-issues-emerge_70414.html
May 14, 2015
Celanese will raise offers for vinyl acetate monomer (VAM) in China, Europe, and the Mideast on 1 June, the company says. Asian prices will go up $30/m.t., and European and Mideast...
http://www.chemweek.com/regions/western_europe/Celanese-to-raise-VAM-prices-in-China-Europe-Mideast_70394.html
May 14, 2015
Albemarle says that its Chemetall surface treatment business unit has acquired the business of Chemal (Hamm, Germany). Chemal, which was founded in 1975, specializes in research and...
http://www.chemweek.com/regions/western_europe/germany/Albemarles-Chemetall-unit-acquires-aluminum-finishing-business-in-Germany_70408.html
May 14, 2015
Applied Graphene Materials (Redcar, UK) has announced positive preliminary findings following independent performance testing on base oils enhanced using graphene produced by the...
http://www.chemweek.com/regions/western_europe/Applied-Graphene-reports-positive-trials-of-graphene-in-base-lube-oils_70398.html
May 14, 2015
Brenntag says that it has acquired Quimicas Meroño, a distributor of industrial chemicals based close to Cartagena, Spain. The company has a strong coverage in the Murcia...
http://www.chemweek.com/regions/western_europe/Brenntag-acquires-chemicals-distributor-in-Spain_70396.html
May 13, 2015
Germany’s chemical-pharmaceutical industry returned to moderate growth during the first three months of 2015, according to the latest quarterly report by chemical trade...
http://www.chemweek.com/regions/western_europe/Germanys-chemical-production-grows-in-first-quarter-but-sales-fall-on-lower-prices-forecast-unchanged_70367.html
May 13, 2015
The May para-xylene (p-xylene) contract has settled in Europe at €880/m.t., an increase of €80/m.t. from the April settlement of €800/m.t.  Negotiations for the May...
http://www.chemweek.com/regions/western_europe/Europes-May-p-xylene-contract-settles-higher_70377.html
May 12, 2015
Statoil (Stavanger, Norway), the country’s biggest oil producer, is establishing a business for renewable energy, the company announced today. Statoil’s new CEO, Eldar...
http://www.chemweek.com/regions/western_europe/Statoil-establishes-renewable-energy-business-makes-several-appointments_70323.html
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
http://www.chemweek.com/regions/western_europe/austria/TVK-sales-fall-on-lower-prices-but-profits-leap_70333.html
May 12, 2015
K+S Group (Kassel, Germany) reports a 40% increase in first-quarter adjusted net income from continuing operations, compared with the corresponding period of last year, to €198...
http://www.chemweek.com/regions/western_europe/K+S-beats-estimates-forecasts-higher-profit-sales_70342.html
May 12, 2015
Sabic Europe has restarted cyclohexane production at its 195,000-m.t./year unit at Teeside, UK after just over one week offline with technical difficulties. Meanwhile, there is...
http://www.chemweek.com/regions/western_europe/Sabic-restarts-cyclohexane-production-Cepsa-declares-force-majeure-on-phenol_70338.html
May 12, 2015
Specialty chemicals distributor IMCD (Rotterdam) says that it has raised €85 million ($95.5 million) through an accelerated bookbuilding offering of 2.6 million newly issued...
http://www.chemweek.com/regions/western_europe/IMCD-completes-share-offering-free-float-increases_70325.html
May 12, 2015
Mitsubishi Chemical Corp. (MCC) said on Tuesday that it has established a performance polymers business network in Turkey. The liaison office, based in Istanbul, was opened by...
http://www.chemweek.com/regions/western_europe/Mitsubishi-Chemical-establishes-performance-polymers-marketing-base-in-Turkey_70321.html
May 11, 2015
Europe's May styrene customer reference price (CRP) has been agreed at €1,398/m.t. ($1,559). This figure is up €20 from the April settlement of €1,378/m.t. The May...
http://www.chemweek.com/regions/western_europe/Europes-May-styrene-CRP-settles-higher_70299.html
May 11, 2015
Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette Frères (Lestrem, France) has announced the appointment of Pascal Moritz as new business development...
http://www.chemweek.com/regions/western_europe/Reverdia-appoints-business-development-manager_70295.html
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