IHS Chemical Week

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November 21, 2012
DSM held the official groundbreaking event for the construction of a new materials sciences R&D building at the Chemelot Campus at Sittard-Geleen, Netherlands. The  facility...
http://www.chemweek.com/regions/western_europe/DSM-inaugurates-material-sciences-R-and-D-building-in-the-Netherlands_47887.html
November 21, 2012
Distribution company DKSH (Zurich) says it has acquired Staerkle & Nagler (Zollikon, Switzerland), a specialty chemicals distributor. DKSH says the deal strengthens its position in...
http://www.chemweek.com/regions/western_europe/DKSH-acquires-Swiss-specialty-chemicals-distributor_47884.html
November 20, 2012
Merck KGaA (Darmstadt, Germany) says its net profits decreased 17% in the third quarter of 2012, to €185.5 million ($237.4 million) from €223.9 million in the third quarter...
http://www.chemweek.com/regions/western_europe/Merck-KGaA-reports-decrease-in-third-quarter-profits-upgrades-full-year-guidance_47718.html
November 19, 2012
China’s Ministry of Commerce (Mofcom; Beijing) says it is extending the investigation into imports of ethylene glycol monobutyl ether and diethylene glycol monobutyl ether from...
http://www.chemweek.com/regions/western_europe/China-extends-probe-into-alleged-ethylene-glycol-dumping-by-US-EU_47843.html
November 19, 2012
 The European Commission says it is taking two key steps to address the growing supply-demand imbalance of carbon dioxide (CO2) emission allowances in the European Union’s...
http://www.chemweek.com/regions/western_europe/EU-takes-steps-to-mitigate-surplus-of-CO2-permits_47836.html
November 19, 2012
Perstorp says it has signed a new and extended distribution agreement with Grupo M.Cassab (São Paulo). Besides its role as the distributor for Perstorp’s range of...
http://www.chemweek.com/regions/western_europe/sweden/Perstorp-signs-distribution-deal-in-Brazil_47818.html
November 16, 2012
Oxea (Oberhausen, Germany) today reported third-quarter results, with sales and income dropping because of weak demand for oxo intermediates and derivatives. Net income fell 24%, to...
http://www.chemweek.com/regions/western_europe/Oxea-reports-earnings-sales-declines-for-the-third-quarter_47793.html
November 16, 2012
Borealis today reported a 21% increase in third-quarter net profit, to €129 million ($165 million), on 10% higher sales, at €1.92 billion. The company, owned 64% by the...
http://www.chemweek.com/regions/western_europe/Borealis-reports-higher-sales-and-profits-looking-into-importing-US-gas_47787.html
November 15, 2012
Oxea says it has started up a new specialty esters production unit at its Oberhausen, Germany site.  The new facility increases the company's total capacity to produce specialty...
http://www.chemweek.com/regions/western_europe/Oxea-starts-production-at-specialty-esters-facility-ups-prices_47725.html
November 15, 2012
Vopak says its Ebitda and Ebit each increased 19% in the third quarter of 2012, to €195.1 million ($248.9 million) and €144 million, respectively. Higher earnings were driven...
http://www.chemweek.com/regions/western_europe/Vopak-reports-increase-in-operating-profits_47716.html
November 15, 2012
Lenzing says its sales decreased 1.5% in the nine-month period ended 30 September 2012, to €1.57 billion from €1.59 billion in the prior-year period. Ebitda and Ebit also...
http://www.chemweek.com/regions/western_europe/Lenzing-reports-lower-earnings-and-sales-confirms-guidance_47719.html
November 15, 2012
Mitsubishi Rayon says it has completed the acquisition of TK Industries (Naila, Germany), a company that develops and manufactures carbon fiber based multiaxial noncrimp fabric (NCF)...
http://www.chemweek.com/regions/western_europe/Mitsubishi-Rayon-makes-acquisitions-in-Germany-Japan_47715.html
November 15, 2012
European Union (EU) chemicals production decreased 2.2% in the first eight months of 2012 compared with the same period of 2011, according to Cefic’s latest Chemicals Trends...
http://www.chemweek.com/regions/western_europe/EU-chemicals-output-declines-2-2-percent-in-first-eight-months-of-2012_47720.html
November 15, 2012
Tessenderlo Group (Brussels) reported net losses of €40.2 million ($51.3 million) in the third quarter of 2012, compared with €16.2 million in net profits in the third...
http://www.chemweek.com/regions/western_europe/Tessenderlo-Group-swings-to-loss_47721.html
November 15, 2012
China’s Ministry of Commerce (Mofcom; Beijing) says it is extending the investigation into imports of ethylene glycol monobutyl ether and diethylene glycol monobutyl ether from...
http://www.chemweek.com/regions/western_europe/China-extends-antidumping-probe-into-monobutyl-ether-from-US-and-EU_47717.html
November 14, 2012
Moody’s has downgraded its credit outlook for the chemical industry in North America, as well as Europe, the Middle East, and Africa (EMEA), the ratings service says. The outlook...
http://www.chemweek.com/regions/western_europe/Moodys-downgrades-chemical-industry-credit-outlook_47711.html
November 14, 2012
Odfjell says net losses from continued operations tripled in the third quarter of 2012, to $39 million, compared with $13 million in the third quarter of 2011. Ebitda decreased 76% in...
http://www.chemweek.com/regions/western_europe/Odfjell-reports-deeper-net-losses-weak-chemical-tanker-market-continues_47691.html
November 14, 2012
The European commission says it is taking two important steps to address the growing supply-demand imbalance of carbon dioxide (CO2) emission allowances in the European Union's...
http://www.chemweek.com/regions/western_europe/EU-proposes-immediate-action-to-halt-buildup-of-CO2-emission-allowance-surplus_47689.html
November 14, 2012
BASF and Gazprom (Moscow) have agreed on an asset swap, under which BASF will increase its oil and gas production in Russia and exit the gas trading and storage business. The deal was...
http://www.chemweek.com/regions/western_europe/BASF-and-Gazprom-agree-on-energy-asset-swap_47687.html
November 14, 2012
LyondellBasell Industries says it will restore a low-density polyethylene (LDPE) line at Wesseling, Germany to production. The LDPE line has been out of service since January 2012, and...
http://www.chemweek.com/regions/western_europe/LyondellBasell-to-restart-LDPE-production-line-in-Germany_47686.html
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