IHS Chemical Week

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April 26, 2013
BASF today reported a 15% drop in first-quarter net income, to €1.45 billion ($1.89 billion), and Ebit 16.5% lower, at €2.17 billion. Special income from the divestment...
http://www.chemweek.com/regions/western_europe/germany/BASF-reports-lower-first-quarter-net-income-on-higher-sales-confirms-2013-outlook_51520.html
April 25, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299...
http://www.chemweek.com/regions/western_europe/Time-running-out-for-debt-burdened-PET-producer-La-Seda_51448.html
April 25, 2013
Trading in Evonik Industries (Essen, Germany) shares began today on the Frankfurt and Luxembourg stock exchanges. This follows 3 rounds of private placements this year by major...
http://www.chemweek.com/regions/western_europe/Evonik-Industries-shares-start-trading-in-Frankfurt-and-Luxembourg_51446.html
April 25, 2013
Tikkurila (Helsinki), the former paints and coatings subsidiary of Kemira, says revenue for the first quarter of 2013 decreased by 6.9%, to €138.4 million ($181.2 million)...
http://www.chemweek.com/regions/western_europe/Tikkurila-reports-good-first-quarter-profitability-despite-weak-market-development_51444.html
April 25, 2013
Versalis (Milan), the chemicals subsidiary of ENI (Rome), reports a strong improvement in profitability in the first quarter of this year. The company is continuing with a major...
http://www.chemweek.com/regions/western_europe/Versalis-narrows-losses-in-the-first-quarter-of-this-year_51442.html
April 25, 2013
Elementis's (London) first-quarter sales volumes increased across most segments, the company announced today in an interim management statement. Specialty products sales volumes during...
http://www.chemweek.com/regions/western_europe/Elementiss-first-quarter-sales-volumes-increase-across-most-segments_51455.html
April 25, 2013
Researchers from the University of Exeter,UK, have developed a method to produce biodiesel from E. coli bacteria, the university announced. The technology, which is still being...
http://www.chemweek.com/regions/western_europe/UK-researchers-develop-technology-to-produce-biodiesel-using-bacteria_51438.html
April 25, 2013
Linde Electronics and the fluorochemicals producer Pelchem (Pretoria) have formed a strategic partnership to distribute xenon difluoride (XeF2), which is used in microelectromechanical...
http://www.chemweek.com/regions/western_europe/Linde-Electronics-and-Pelchem-form-xenon-difluoride-distribution-alliance_51437.html
April 25, 2013
Croda (Goole, UK) posted a £65.1-million ($99.3 million) pretax profit during the first quarter of the year, up 6.5% from the same quarter in 2012, when it recorded £61.1...
http://www.chemweek.com/regions/western_europe/Crodas-first-quarter-pretax-profit-jumps-up-6-5-percent_51436.html
April 25, 2013
Bayer reported a “positive development” in its life sciences operations, comprising HealthCare and CropScience, in the first quarter but said that MaterialScience’s...
http://www.chemweek.com/regions/western_europe/Bayers-life-sciences-units-lift-results-MaterialScience-hampered-by-costs-2013-outlook-confirmed_51435.html
April 25, 2013
Lonza, in its business update announcement for the first quarter of 2013, says that it has decided to permanently close its biocides manufacturing site at Swords, Ireland, in June...
http://www.chemweek.com/regions/western_europe/switzerland/Lonza-to-close-Ireland-biocides-site_51434.html
April 24, 2013
Air Liquide posted €3.69 billion ($4.80 billion) in revenue during the first quarter of the year, a decline of 2% compared with the prior year due largely to currency and natural gas impacts. "In an economic environment that remains contrasted, the first quarter saw the pursuit of growth investments, and an increase in our underlying growth in gas and services by almost 5%," says Benoît Potier, chairman/CEO of Air Liquide....
http://www.chemweek.com/regions/western_europe/Air-Liquides-first-quarter-sales-down-2-percent-confirms-forecast-for-2013_51396.html
April 23, 2013
Dow Chemical's plastic additive production site near Grangemouth, UK, has been put up for sale, according to a report in local newspaper, The Falkirk Herald, published today. The...
http://www.chemweek.com/regions/western_europe/Report-Dows-plastic-additives-production-site-at-Grangemouth-up-for-sale_51369.html
April 23, 2013
Europe's butadiene producers are expected to benefit from growing demand and limited yields despite recent uncertainty over the short-term direction of butadiene prices, IHS Chemical...
http://www.chemweek.com/regions/western_europe/European-butadiene-producers-poised-to-benefit-from-limited-supply-and-new-capacity_51362.html
April 23, 2013
Bayer CropScience and KeyGene (Wageningen, Netherlands) have announced a joint research program to develop improved crop varieties. The program will initially concentrate on wheat, but...
http://www.chemweek.com/regions/western_europe/Bayer-CropScience-KeyGene-to-develop-improved-crop-varieties_51365.html
April 23, 2013
Kemira has announced several major restructuring measures and issued profitability and sales targets for 2016. The measures are in addition to the company's Fit for Growth...
http://www.chemweek.com/regions/western_europe/Kemira-plans-further-restructuring-announces-financial-targets-for-2016_51363.html
April 23, 2013
BASF today announced plans to restructure its performance products segment, including 500 job cuts worldwide by end-2015. The businesses affected are mainly former Ciba Specialty...
http://www.chemweek.com/regions/western_europe/germany/BASF-deepens-restructuring-of-performance-products-with-500-job-cuts_51361.html
April 23, 2013
Ethiopian Potash Corp. (EPC; Toronto) and AIM-listed Premier African Minerals (London) have signed a definitive contract for the sale of Premier's G&B African Resources Mali...
http://www.chemweek.com/regions/western_europe/Ethiopian-Potash-acquires-exploration-authorization-rights-in-Mali_51356.html
April 23, 2013
Evonik Industries will be a publicly traded company after seven years of private ownership. Following approval of an offering prospectus by the German Federal Financial...
http://www.chemweek.com/regions/western_europe/Evonik-Industries-shares-to-be-listed-on-Frankfurt-and-Luxembourg-stock-exchanges-tomorrow_51355.html
April 23, 2013
DSM says it has opened a new manufacturing plant at Geleen, Netherlands, for the production of the company’s KhepriCoat antireflective coating. KhepriCoat antireflective glass...
http://www.chemweek.com/regions/western_europe/netherlands/DSM-opens-manufacturing-plant-for-antireflective-coating-in-Netherlands_51351.html
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