IHS Chemical Week

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July 23, 2014
Europe's ethylene producers expect to be able to defend current contract price levels despite a long market balance, as the European industry prepares for the scheduled turnaround of...
http://www.chemweek.com/regions/western_europe/Europes-ethylene-producers-hope-to-defend-August-prices-despite-oversupply_62662.html
July 23, 2014
State-controlled electricity generator and supplier EDF (Paris) has signed a memorandum of understanding (MoU) with Exeltium, a consortium of France's biggest industrial electricity...
http://www.chemweek.com/regions/western_europe/Electricity-producer-EDF-agrees-to-cut-power-prices-for-Frances-biggest-industrial-consumers_62656.html
July 22, 2014
Output of chemicals increased 1.8% in the European Union during the first five months of 2014 compared with the corresponding period of last year, Cefic says. However, chemicals output...
http://www.chemweek.com/regions/western_europe/EU-production-of-chemicals-increased-in-first-five-months-but-output-slipped-in-May_62634.html
July 22, 2014
Kemira today reported its second-quarter results, with net profit down to €1.8 million ($2.4 million) from €3.7 million in the year-earlier quarter. Revenues decreased 9%, to...
http://www.chemweek.com/regions/western_europe/Kemira-reports-lower-profits-and-revenues-looking-for-acquisitions_62633.html
July 22, 2014
Wacker Chemie said today that it has upgraded its annual Ebitda projection. Ebitda for 2014 is now projected to be at least one-third higher than last year’s €678.7 million...
http://www.chemweek.com/regions/western_europe/Wacker-upgrades-annual-earnings-forecast-on-restructured-polysilicon-contracts_62631.html
July 22, 2014
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating...
http://www.chemweek.com/regions/western_europe/Crodas-sales-and-earnings-down-unlikely-to-match-last-years-pretax-profit_62628.html
July 21, 2014
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site...
http://www.chemweek.com/regions/western_europe/AkzoNobel-and-Evonik-join-forces-in-membrane-cell-chlor-alkali-project-in-Germany_62608.html
July 18, 2014
The boards of AbbVie (North Chicago, IL) and Shire (Dublin) announced today that they have reached agreement for AbbVie to acquire Shire for approximately £32 billion ($54.7...
http://www.chemweek.com/regions/western_europe/AbbVie-to-acquire-Shire-for-$55-billion_62587.html
July 18, 2014
Mylan (Pittsburgh) has entered into a definitive agreement with Abbott to acquire Abbott's non-US developed markets specialty and branded generics business in an all-stock transaction...
http://www.chemweek.com/regions/western_europe/Mylan-to-acquire-Abbotts-non-US-branded-generics-pharma-business_62580.html
July 18, 2014
Yara International (Oslo) today reported strong second-quarter results, with improved European commodity margins because of lower gas price. Lower nitrate deliveries impacted results...
http://www.chemweek.com/regions/western_europe/Yara-reports-strong-second-quarter-results-hikes-NPK-capacity-in-Finland_62579.html
July 17, 2014
BP Chemicals Ltd. (BPCL), a BP subsidiary, has lifted the force majeure at the company's 154,000-m.t./year acetic anhydride plant at Saltend, near Hull, UK, the company confirmed...
http://www.chemweek.com/regions/western_europe/BP-lifts-force-majeure-at-UK-acetic-anhydride-plant_62511.html
July 17, 2014
The European Chemicals Agency (ECHA; Helsinki) says that four new intentions and five new submissions for harmonised classification and labelling (CLH) have been added to the public...
http://www.chemweek.com/regions/western_europe/ECHA-adds-several-substances-to-registry-of-intentions-under-Reach_62513.html
July 17, 2014
Ineos today reported unaudited second-quarter results with Ebitda rising 22% to €447 million ($604.5 million) compared with the year-earlier quarter and 11.5% up on the first...
http://www.chemweek.com/regions/western_europe/Ineos-reports-higher-earnings-buoyed-by-US-feedstock-advantage_62510.html
July 17, 2014
GTS Chemical Holding, a specialty chemicals producer and the largest manufacturer of ammonium sulfite in China, today announced its intention to proceed with a fundraising and...
http://www.chemweek.com/regions/western_europe/Chinese-specialty-chemicals-firm-plans-to-list-in-London_62506.html
July 17, 2014
Givaudan Group (Geneva), flavors and fragrances major, today announced its results for the first six months of 2014. Ebitda rose 10.5% to 562 million Swiss francs ($626.1 million) on...
http://www.chemweek.com/regions/western_europe/Givaudan-reports-higher-earnings-confirms-guidance_62505.html
July 17, 2014
Evonik Industries is investing in a new polymer dispersants plant at Essen, Germany, the company announced today. The project, which will involve an investment in the “low...
http://www.chemweek.com/regions/western_europe/Evonik-Industries-to-build-polymer-dispersants-plant-in-Germany_62503.html
July 17, 2014
Ineos O&P UK has received notification from the UK government that its application for an infrastructure loan guarantee has been successful, the company announced today. The...
http://www.chemweek.com/regions/western_europe/Ineos-receives-loan-guarantee-paving-way-for-new-ethane-import-terminal-at-Grangemouth_62504.html
July 16, 2014
The European Food Safety Authority (EFSA; Parma, Italy) says that is has established an acceptable daily intake (ADI) of four milligrams per kilogram body weight per day for the food...
http://www.chemweek.com/regions/western_europe/EFSA-establishes-daily-intake-limits-for-sunset-yellow-food-additive_62485.html
July 16, 2014
Private equity firm SVP Global is preparing to sell vinyls company Vestolit (Marl, Germany) in a deal potentially valued at about €300 million, according to a Reuters report...
http://www.chemweek.com/regions/western_europe/Report-Private-equity-firm-prepares-to-divest-PVC-maker-Vestolit_62477.html
July 15, 2014
Archroma (Reinach, Switzerland), the former textile, paper, and emulsions business of Clariant, has published its first formulation list of Zero Discharge of Hazardous Chemicals (ZDHC)...
http://www.chemweek.com/regions/western_europe/Archroma-publishes-ZDHC-MRSL-compliant-formulation-list_62460.html
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