IHS Chemical Week

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August 12, 2014
Energy company OMV (Vienna) says that operating profit at the company's petrochemicals business was €40 million ($53.4 million) in the second quarter, slightly lower than in the...
http://www.chemweek.com/regions/western_europe/OMV-posts-slight-decline-in-petchem-profit-on-lower-ethylene-margins_63123.html
August 12, 2014
Haldor Topsoe today announced plans to close a fuel cell subsidiary that focuses on developing and commercializing components and technology for high-temperature solid oxide fuel cells...
http://www.chemweek.com/regions/western_europe/Haldor-Topsoe-closing-subsidiary-because-of-sales-earnings-drops_63119.html
August 11, 2014
Synthomer (Harlow, UK) posted a 7% decline in pretax profit for the first half of 2014 compared with the corresponding period of last year, to £45 million, on sales down 9%, to...
http://www.chemweek.com/regions/western_europe/Synthomer-posts-lower-earnings-and-sales-on-strong-UK-currency-weak-Asian-nitriles_63102.html
August 8, 2014
Mexichem (Tlalnepantla, Mexico) has agreed to acquire Vestolit (Marl, Germany), Europe’s sixth-largest manufacturer of polyvinyl chloride (PVC), from private equity firm...
http://www.chemweek.com/regions/western_europe/Mexichem-acquires-PVC-producer-Vestolit-for-&euro219-million_62985.html
August 8, 2014
The World Trade Organization (WTO; Geneva) has rejected an appeal by China against a WTO ruling earlier this year that China's export restrictions on the key industrial raw materials...
http://www.chemweek.com/regions/western_europe/WTO-rejects-Chinas-appeal-of-ruling-against-rare-earth-export-restrictions_63085.html
August 8, 2014
Specialty chemicals company Altana (Wesel, Germany) says it increased earnings in first-half 2014 to €985 million ($1.32 billion) compared with €887 million a year ago, an...
http://www.chemweek.com/regions/western_europe/Altana-sales-and-Ebitda-rise-in-first-half-2014_63084.html
August 8, 2014
Werner Breuers, board member of Lanxess responsible for performance polymers and advanced intermediates, will leave the company at his own request after his contract ends on 31 May...
http://www.chemweek.com/regions/western_europe/Lanxess-board-member-leaving_63080.html
August 7, 2014
Brenntag posted second-quarter profit after tax of €81 million, up 17% compared with the corresponding period of last year, on sales down almost 2%, to €2.5 billion. Gross...
http://www.chemweek.com/regions/western_europe/Brenntag-posts-higher-second-quarter-profits-forecasts-full-year-earnings-increase_63050.html
August 7, 2014
Borealis announced today that it has signed a 10-year agreement with Antero Resources (Denver, CO) to supply ethane from the United States for its flexible steam cracker at...
http://www.chemweek.com/regions/western_europe/Borealis-to-import-ethane-from-the-US-to-feed-ethylene-plant-in-Sweden_63046.html
August 7, 2014
Borealis has signed an agreement with DuPont Holding Netherlands to purchase the company's 67% shareholding in Speciality Polymers Antwerp (Zwijndrecht, Belgium), the company announced...
http://www.chemweek.com/regions/western_europe/Borealis-to-buy-DuPont-out-of-Speciality-Polymers-Antwerp_63048.html
August 7, 2014
Fragrances and flavors group Symrise (Holzminden, Germany) today reported its financial results covering the first six months of the year with net income rising 17% to €109.1...
http://www.chemweek.com/regions/western_europe/Symrise-earnings-rise-outlook-confirmed_63044.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/regions/western_europe/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63021.html
August 6, 2014
Solvay Acetow, a Solvay subsidiary, has signed a worldwide cooperation agreement with Accsys Technologies (Windsor, UK) to develop a solid, high-performance wood registered as Accoya...
http://www.chemweek.com/regions/western_europe/Solvay-Acetow-Accsys-to-develop-high-performance-wood-Solvay-plans-production-plant_63016.html
August 6, 2014
Sirius Minerals says it has decided to close the Sydney office to fully focus on the York potash project in the United Kingdom. Most executive roles in the company, which were...
http://www.chemweek.com/regions/western_europe/Sirius-Minerals-to-close-Sydney-office-to-concentrate-on-UK-project_63014.html
August 6, 2014
Lanxess today announced its second-quarter results and detailed a previously announced restructuring program. Second-quarter net income rose to €55.0 million ($73.5 million) from...
http://www.chemweek.com/regions/western_europe/Lanxess-outlines-realignment-as-earnings-improve-narrows-guidance_63007.html
August 5, 2014
Germany’s chemical trade association VCI (Frankfurt) has pointed out that the country’s chemical industry is not calling for mutual recognition of existing standards for...
http://www.chemweek.com/regions/western_europe/VCI-No-reduction-in-chemical-safety-standards-through-TTIP_62990.html
August 5, 2014
DSM today reported second-quarter net profit from continuing operations before exceptional items of €110 million ($147.6 million), 20% down on the year-earlier quarter. Revenues...
http://www.chemweek.com/regions/western_europe/DSM-reports-lower-sales-earnings-on-negative-currency-effects-weakness-in-caprolactam_62979.html
August 5, 2014
Three former senior executives of Innospec have been jailed and another received a suspended prison sentence in the United Kingdom for bribing Indonesian officials to extend the life...
http://www.chemweek.com/regions/western_europe/UK-jails-former-Innospec-executives-for-Indonesia-corruption_62980.html
August 4, 2014
Novomer (Waltham, MA) says it has appointed Reschem Italia (Parabiago, Italy) as its authorized distributor of Converge-registered polypropylene carbonate (PPC) polyols in Italy...
http://www.chemweek.com/regions/western_europe/Novomer-appoints-distributor-for-its-PPC-polyols-in-Italy_62958.html
August 4, 2014
Globalization and short product life cycles are further pressuring companies to open up their innovation processes, says specialty chemicals company Altana (Wesel, Germany). But...
http://www.chemweek.com/regions/western_europe/Altana-survey-Underestimated-potential-for-innovation-in-Germany_62956.html
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