IHS Chemical Week

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September 13, 2011
The European Fine Chemicals Group (EFCG; Brussels) says its board has agreed to ratify the proposal of the U.S. Food and Drug Administration (FDA) to put forward a legislative package...
http://www.chemweek.com/regions/western_europe/belgium/EFCG-Ratifies-FDAs-Proposed-Generic-Drug-User-Fees-Act_37576.html
September 12, 2011
Topping the headlines last week, Clariant has downgraded its full-year earnings guidance "due to unfavorable foreign exchange rate developments and a softening of the global...
http://www.chemweek.com/regions/western_europe/belgium/Chemical-Finance-Digest-Sept-5-9_37571.html
September 9, 2011
Sustainability is the common goal of the EU chemical industry and the European Commission, the commission and Cefic said at an exhibition in Brussels.   Mosaic is commercializing...
http://www.chemweek.com/regions/western_europe/belgium/Chemical-Industry-Innovation-News-Round-Up-Sept-9_37535.html
September 9, 2011
Yara International is at an advanced stage of negotiations to acquire most of BASF's nitrogen fertilizer assets, according to several press reports this week. BASF put most of its...
http://www.chemweek.com/regions/western_europe/belgium/Yara-to-Acquire-BASF-Fertilizer-Assets_37504.html
September 6, 2011
Topping the headlines last week, Omnova lowered its full-year earnings outlook to 40-44 cts/share from 60 cts/share. The company attributed the move to "a deceleration in the...
http://www.chemweek.com/regions/western_europe/belgium/Chemical-Finance-Digest-Aug-29-Sept-2_37412.html
September 5, 2011
Lanxess says it will invest €15 million to expand capacity at the company's glass fiber plant in the port of Antwerp. The plant's current capacity of 60,000 m.t./year will be...
http://www.chemweek.com/regions/western_europe/belgium/Lanxess-to-Hike-Glass-Fiber-Capacity-at-Antwerp_37376.html
September 2, 2011
Chemical shipping and tank storage company Odfjell has agreed to buy a minority stake in the Noord Natie Terminal (NNT) tank storage terminal at Antwerp. Odfjell will buy a stake of...
http://www.chemweek.com/regions/western_europe/belgium/Odfjell-to-Buy-Stake-in-Antwerp-Storage-Terminal_37356.html
September 2, 2011
Output of chemicals declined 1.2% in the European Union (EU) in June 2011 compared with June 2010, Cefic says. Selling prices of chemicals were on average 9.6% higher in June than in...
http://www.chemweek.com/regions/western_europe/belgium/EU-Chemicals-Output-Slips-on-Worsening-Economic-Climate_37348.html
August 31, 2011
Solvay's previously announced bid to acquire Rhodia has been successful. French financial markets authority AMF (Paris) published today the results of Solvay's tender offer, which show...
http://www.chemweek.com/regions/western_europe/belgium/Solvay-Clinches-Acquisition-of-Rhodia_37276.html
August 30, 2011
Topping the headlines last week, Cabot announced plans to sell its Supermetals business, which makes tantalum and alloys, to Global Advanced Metals, a tantalum ore supplier, for $400...
http://www.chemweek.com/regions/western_europe/belgium/Chemical-Finance-Digest-Aug-22-26_37260.html
August 25, 2011
Tessenderlo Group (Brussels) posted a €133-million net loss for the second quarter, compared with a €28-million net profit in the year-earlier period, on sales up  7%...
http://www.chemweek.com/regions/western_europe/belgium/Tessenderlo-Posts-a-Net-Loss-on-PVC-Divestment-Charge_37134.html
August 23, 2011
DSM has appointed Philip Eykerman, currently partner at McKinsey & Company (Brussels), as executive v.p. corporate strategy & acquisitions, reporting to Feike Sijbesma, CEO and...
http://www.chemweek.com/regions/western_europe/belgium/DSM-Appoints-Philip-Eykerman-as-Executive-V-P-Corporate-Strategy-and-Acquisitions_37070.html
August 22, 2011
Odfjell has formed a 50-50 joint venture with Euroceanica (London) to manage all of the companies’ chemical tankers operating in the European short-sea market. The jv combines...
http://www.chemweek.com/regions/western_europe/belgium/Odfjell-Forms-JV-for-European-Tanker-Fleet-Swings-to-Profit_36995.html
August 17, 2011
The European Commission has imposed provisional antidumping duties on European Union (EU) imports of vinyl acetate monomer (VAM) originating from the U.S. Announcement of the measures...
http://www.chemweek.com/regions/western_europe/belgium/Europe-Slaps-Antidumping-Duties-on-VAM-Imports-from-the-U-S-_36933.html
August 8, 2011
The French Financial Markets Authority (AMF) has set a closing date of Wednesday August 24, 2011, inclusive, for the friendly public takeover of Rhodia by Solvay. This follows Friday's...
http://www.chemweek.com/regions/western_europe/belgium/French-Authority-Sets-Closing-Date-for-Solvay-Takeover-of-Rhodia-EU-Okays-Deal_36759.html
August 4, 2011
BP says it has reached an agreement with JBF RAK (Mumbai) for a previously announced project to construct a 390,000-m.t./year polyethylene terephthalate (PET) plant at BP's Geel...
http://www.chemweek.com/regions/western_europe/belgium/BP-Reaches-Agreement-with-Indian-Firm-on-PET-Project-in-Belgium_36654.html
August 3, 2011
Solvay in a preliminary financial report says Rebitda for the second quarter of the year rose 12% to €304 million ($437 million) compared with the same period a year earlier. The...
http://www.chemweek.com/regions/western_europe/belgium/Solvay-Reports-a-12-percent-Hike-in-Second-Quarter-Rebitda_36395.html
August 1, 2011
Lots of big second-quarter earnings reports came in last week, and most were positive. Dow's income rose 63% year-on-year as the company beat estimates. DuPont also beat estimates...
http://www.chemweek.com/regions/western_europe/belgium/Chemical-Finance-Digest-July-25-29_36591.html
July 27, 2011
The European Commission has cleared a proposed acquisition of the suspension polyvinyl chloride (S-PVC) business of the Tessenderlo Group by Ineos. The commission concluded that the...
http://www.chemweek.com/regions/western_europe/belgium/Europe-Clears-Ineoss-Acquisition-of-Tessenderlo-PVC-Business_36451.html
July 26, 2011
Solvay has invested €10 million ($14.4 million) in Plextronics (Pittsburgh, PA), a printed electronics technology firm developing organic light emitting diodes (OLEDs) and organic...
http://www.chemweek.com/regions/western_europe/belgium/Solvay-Invests-$14-4-Million-in-Printed-Electronics-Tech-Firm_36415.html
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