IHS Chemical Week

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March 1, 2013
The European Union has adopted a 5-year antidumping duty on US ethanol that will result in a €62.30/m.t. ($83.20) net tariff applied to imports, effective 22 February. Ethanol...
http://www.chemweek.com/regions/western_europe/EU-bioethanol-tariff_50153.html
March 1, 2013
Unusually weak demand for coproduct phenol has tightened acetone supply in the United States and Europe, sending prices upward, say analysts at IHS Chemical. Acetone prices for small...
http://www.chemweek.com/regions/western_europe/Acetone-prices-in-Europe-and-US-rise-on-tight-supply-weak-phenol_50145.html
March 1, 2013
Oversupply and sluggish demand will continue to impact the price of acrylonitrile butadiene styrene (ABS) in Europe throughout 2013 with changes mostly dictated by feedstock prices, a...
http://www.chemweek.com/regions/western_europe/European-ABS-prices-to-stagnate-in-2013-on-poor-demand-oversupply_50133.html
March 1, 2013
AkzoNobel has accelerated its previously announced restructuring program, and revealed a new set of financial targets to be achieved by the end of 2015. The company also announced a strategy that focuses on end-user markets, operational excellence, and sustainability. It says that the strategy builds on the company’s leading market positions in mature and high-growth markets....
http://www.chemweek.com/regions/western_europe/AkzoNobel-speeds-cost-cutting-and-announces-new-targets_50129.html
March 1, 2013
Bayer CropScience and Syngenta have submitted applications for the approval of a new herbicide-tolerance soybean trait in various countries, the companies announced today. It is now...
http://www.chemweek.com/regions/western_europe/Bayer-and-Syngenta-submit-herbicide-tolerance-soybean-trait-for-approval-launch-expected-after-2015_50192.html
March 1, 2013
Evonik Industries, one of the largest global suppliers of cyanuric chloride, has dissolved its joint venture with a Chinese partner in China and will concentrate these activities at...
http://www.chemweek.com/regions/western_europe/Evonik-concentrates-cyanuric-chloride-business-in-Germany_50188.html
March 1, 2013
Fluor says it has secured an engineering, procurement, and construction management services contract for BASF’s previously announced toluene diisocyanate (TDI) project at the...
http://www.chemweek.com/regions/western_europe/Fluor-awarded-BASF-TDI-plant-contract-at-Ludwigshafen_50122.html
March 1, 2013
Borealis, one of the largest European manufacturers of polyolefins, achieved a 72% rise in fourth-quarter 2012 net profit, driven in part by the company’s growing presence in the European fertilizer sector, in which it continues to expand through acquisition....
http://www.chemweek.com/regions/western_europe/Fertilizer-business-will-stabilize-Borealiss-revenue-stream_50121.html
February 28, 2013
BASF says that Fred Münstermann, current president of regional functions and CFO of  BASF Corp., the North American operations of BASF, will succeed Hartwig Michels as...
http://www.chemweek.com/regions/western_europe/BASF-announces-new-North-American-CFO_50119.html
February 28, 2013
Chemicals production contracted by 1.5% in the European Union in 2012 compared with 2011, Cefic says. The full-year figure is slightly better than Cefic's previous projection of a 2%...
http://www.chemweek.com/regions/western_europe/EU-chemicals-output-decline-in-2012-less-severe-than-expected_50113.html
February 28, 2013
The Ministry of Commerce, PRC (Mofcom; Beijing) will impose provisional antidumping duties on imports of toluidine from the European Union starting 1 March, the Chinese...
http://www.chemweek.com/regions/western_europe/China-imposes-provisional-antidumping-duties-on-toluidine-from-EU_50109.html
February 28, 2013
Arkema's adjusted net income of continuing operations decreased by 20% in the fourth quarter of 2012 compared with the fourth quarter of 2011, to €44 million ($58 million)...
http://www.chemweek.com/regions/western_europe/Arkema-reports-higher-Ebitda-and-sales-in-the-fourth-quarter_50105.html
February 28, 2013
Bayer achieved its targets for 2012 and has provided guidance for growth through 2015. Speaking at a media briefing, held today in Leverkusen, Marijn Dekkers, CEO, said that all of...
http://www.chemweek.com/regions/western_europe/Bayer-maintains-growth-momentum-provides-guidance-for-2015_50114.html
February 27, 2013
Syngenta has delisted hybrid rice and RNA technology firm Devgen (Ghent, Belgium) from the NYSE Euronext Brussels exchange, the company announced today. Syngenta secured 94% of the...
http://www.chemweek.com/regions/western_europe/Syngenta-delists-Devgen-following-squeeze-out-process_50085.html
February 27, 2013
Highfield Resources (West Perth, Australia) has confirmed an exploration target for its Pintano Potash project in Spain's Ebro Basin, the company announced today. Highfield's...
http://www.chemweek.com/regions/western_europe/Highfield-Resources-confirms-exploration-target-for-one-of-its-three-Spanish-potash-projects_50084.html
February 27, 2013
Tessenderlo Group (Brussels) announced today that it has received an offer from Mitsubishi Chemical, for Tessenderlo’s compounds activities. Terms of the offer were not...
http://www.chemweek.com/regions/western_europe/belgium/Mitsubishi-Chemical-offers-to-buy-Tessenderlos-compounds-business_50082.html
February 26, 2013
Croda reports an increase of 5.1% in operating profit during the fourth quarter of 2012, to £61.9 million ($81.75 million). Sales rose by 2.2%, to £240.1 million, over the...
http://www.chemweek.com/regions/western_europe/Crodas-fourth-quarter-profit-rises-to-5-1-percent-despite-European-economic-backdrop_50071.html
February 26, 2013
The European Commission has tabled a proposal to amend five EU health and safety directives on the protection of workers from exposure to harmful chemicals, to align them with the...
http://www.chemweek.com/regions/western_europe/European-Commission-proposes-amendments-to-health-and-safety-directives-on-chemical-labeling-and-packaging_50064.html
February 26, 2013
Elementis (London) generated $107.1 million in net profit during 2012, a drop of almost 14% on 2011, the company reported today. The company's operating profit nevertheless grew 5%...
http://www.chemweek.com/regions/western_europe/Elementiss-profit-drops-14-percent-despite-stable-sales_50063.html
February 26, 2013
BASF today reported significantly higher sales and earnings for fourth-quarter and full-year 2012, and expressed optimism about 2013. Addressing the media in Ludwigshafen, BASF...
http://www.chemweek.com/regions/western_europe/BASF-reports-higher-sales-and-earnings-optimistic-about-2013_50062.html
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