IHS Chemical Week

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January 12, 2016
Solvay has signed an exclusive distribution agreement with Bang & Bonsomer (Helsinki). The agreement, effective 1 January, is for Solvay's process material products and covers...
http://www.chemweek.com/regions/western_europe/Solvay-signs-composites-distribution-agreement-for-Baltic-states-Finland-with-Bang-and-Bonsomer_76352.html
January 12, 2016
BP says that it will cut 4,000 more jobs in its worldwide exploration and production business during the next two years. The planned job losses represent about 5% of BP's total...
http://www.chemweek.com/regions/western_europe/BP-to-cut-4000-upstream-jobs_76349.html
January 12, 2016
China National Chemical Corp. (ChemChina; Beijing) says that it has agreed to acquire KraussMaffei Group (Munich), a manufacturer of machinery and systems for producing and processing...
http://www.chemweek.com/regions/western_europe/ChemChina-to-acquire-plastics-and-rubber-machinery-manufacturer-KraussMaffei-for-$1-billion_76347.html
January 12, 2016
Italmatch Chemicals (Genoa, Italy) announced on Tuesday that it has agreed to acquire Solvay’s desalination and phosphonates and phosphonic acid-based water additives business...
http://www.chemweek.com/regions/western_europe/Italmatch-Chemicals-buys-Solvay-phosphorus-based-water-additives-business_76346.html
January 12, 2016
Europe's styrene customer reference price (CRP) for January has settled at parity with the barge price for the seventh consecutive month. The January price is €975/m.t., a...
http://www.chemweek.com/regions/western_europe/Europe-January-styrene-CRP-down-&euro20m-t-with-barge-price-spot-falls-further_76353.html
January 12, 2016
Specialty chemicals producer Sika on Tuesday reported 8.3% higher sales in the fourth quarter of 2015, with total sales for the year rising 6.2% in local currency. The company says it...
http://www.chemweek.com/regions/western_europe/Sika-reports-higher-sales-and-earnings-upgrades-forecast_76339.html
January 11, 2016
Global Bioenergies (Paris) says that it has signed a new collaboration agreement with LanzaTech (Chicago) to broaden the feedstock flexibility of Global Bioenergies' isobutene process...
http://www.chemweek.com/regions/western_europe/france/Global-Bioenergies-and-Lanzatech-sign-new-collaboration-agreement_76318.html
January 8, 2016
The eurozone’s gradual economic recovery is becoming broader based and more self-sustaining. After initially being led by consumer spending in 2014–15, conditions are now...
http://www.chemweek.com/regions/western_europe/Outlook-Europe-GDP-chemicals-expected-to-grow_76292.html
January 8, 2016
Axens has announced that it will expand its sulfur abatement portfolio through the acquisition of adsorbents manufactured by Scutter Enterprises (Chesterfield, MO), after entering into...
http://www.chemweek.com/regions/western_europe/Axens-acquires-adsorbents-maker_76303.html
January 8, 2016
European monthly toluene contract price negotiations often proved to be a headache during 2015 because of the long-running absence of liquidity in the European spot market that has...
http://www.chemweek.com/regions/western_europe/No-boost-to-spot-liquidity-for-toluene-in-Europe_76307.html
January 8, 2016
Linde has engaged Morgan Stanley to seek a buyer for Linde's Gist (Basingstoke, UK) logistics unit, according to a Reuters report. Linde is reportedly targeting a price of more than...
http://www.chemweek.com/regions/western_europe/Report-Linde-plans-to-sell-Gist-logistics-business_76302.html
January 8, 2016
Cefic has announced the appointment of Marco Mensink as the organization's director general, effective 1 May. He succeeds Hubert Mandery, who will retire on 30 April. Mensink's...
http://www.chemweek.com/regions/western_europe/Cefic-appoints-next-director-general_76300.html
January 8, 2016
Sika (Baar, Switzerland) is opening a manufacturing site for mortars at Kryoneri, Greece. The facility complements Sika's concrete admixture plant at Thessaloniki, Greece, the...
http://www.chemweek.com/regions/western_europe/Sika-opens-mortar-production-facility-in-Greece_76289.html
January 7, 2016
Chemical logistics firm Bertschi (Dürrenäsch, Switzerland) says that it will open a new facility in Jurong Island, Singapore. The official opening ceremony will be held on 29...
http://www.chemweek.com/regions/western_europe/Chemical-logistics-firm-Bertschi-to-open-facility-in-Singapore_76222.html
January 7, 2016
Lubrizol says it has completed the previously announced acquisition of Warwick Chemicals (Mostyn, UK). The transaction was announced in November 2014. Warwick Chemicals is a developer...
http://www.chemweek.com/regions/western_europe/Lubrizol-completes-acquisition-of-Warwick-Chemicals_76257.html
January 7, 2016
Solvay has hired Goldman Sachs to find potential buyers for Solvay's nylon business, according to reports in the Belgian and Dutch media. An acquisition of the business could be worth...
http://www.chemweek.com/regions/western_europe/Reports-Solvay-plans-sale-of-nylon-business_76221.html
January 7, 2016
Clariant says that it has appointed Alexander Gehrt as head of group treasury and head of M&A, effective 1 January. Gehrt was until last year managing director/M&A, Germany and...
http://www.chemweek.com/regions/western_europe/Clariant-hires-former-UBS-banker-as-M-and-A-head_76220.html
January 6, 2016
 Velocys, a gas-to-liquids (GTL) that turns natural gas or biomass into premium products such as diesel, jet fuel, waxes and base oils, has appointed David Pummell as CEO...
http://www.chemweek.com/regions/western_europe/Velocys-announces-new-CEO_76195.html
January 5, 2016
Europe's styrene barge contract for January settled Tuesday at €975/m.t. ($1,048) fob Amsterdam-Rotterdam-Antwerp, down €20/m.t. from the December 2015 settlement. The...
http://www.chemweek.com/regions/western_europe/Europe-January-styrene-barge-contract-down-&euro20m-t-_76174.html
January 5, 2016
Hexcel (Stamford, CT) announced Tuesday that it now fully owns composites reinforcements maker Formax UK (Leicester, UK). Hexcel purchased a 50% interest in Formax in December...
http://www.chemweek.com/regions/western_europe/Hexcel-acquires-full-ownership-of-Formax_76173.html
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