IHS Chemical Week

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May 4, 2011
Editor's note: This is our new round-up of major financial and economic news that affects the chemical industry. If you have any questions, comments, suggestions or tips please email...
http://www.chemweek.com/regions/western_europe/france/Chemical-Finance-Digest-April-25-29_34546.html
April 29, 2011
Total reported huge increases in its chemicals earnings and revenues in the first quarter of 2011. Adjusted operating income was up 70% at €262 million ($388.8 million) while...
http://www.chemweek.com/regions/western_europe/france/Totals-Chemicals-Earnings-and-Sales-Surge-on-Stronger-Demand-and-Higher-Margins_34461.html
April 27, 2011
Air Liquide’s first-quarter sales jumped 12%, to €3.5 billion ($5.1 billion) because of “strength in customer consumption.” Net income was not disclosed. ...
http://www.chemweek.com/regions/western_europe/france/Air-Liquides-Quarterly-Revenues-Rise-on-Improved-Demand_34404.html
April 26, 2011
Air Liquide says it has signed 15 new long-term contracts with photovoltaic industry leaders in China, Japan, Taiwan, and Germany. New installations of solar photovoltaic panels...
http://www.chemweek.com/regions/western_europe/france/Air-Liquide-Signs-Contracts-with-Solar-Photovoltaic-Manufacturers_34373.html
April 14, 2011
Air Liquide says it will invest more than €22 million ($32 million) to build and operate a new air separation unit (ASU) in the Calamba Premiere Industrial Park, south of Luzon in...
http://www.chemweek.com/regions/western_europe/france/Air-Liquide-to-Build-ASU-in-Philippines_34105.html
April 13, 2011
Rhodia says it has completed the acquisition of PI Polymer, the engineering plastics business of chemical company PI Industries (Gurgaon, India), after receiving approval from the...
http://www.chemweek.com/regions/western_europe/france/Rhodia-Completes-Acquisition-of-Engineering-Plastics-Business-in-India_34088.html
April 13, 2011
Dérivés Résiniques & Terpéniques (DRT; Dax, France), a company that specializes in the development of rosin and turpentine extracted from pine resin...
http://www.chemweek.com/regions/western_europe/france/DRT-Acquires-Stake-in-Indian-Firm_34085.html
April 13, 2011
Arkema says it has brought onstream its previously announced Kynar polyvinyledene fluoride (PVDF) production plant at the company’s site at Changshu, China. The plant will help...
http://www.chemweek.com/regions/western_europe/france/Arkema-Starts-up-PVDF-Plant-in-China_34082.html
April 8, 2011
Arkema says the European Competition authorities have approved an aid package for its previously announced Technological Risk Prevention Plan devised for the Jarrie, France...
http://www.chemweek.com/regions/western_europe/france/Arkema-Receives-Approval-of-State-Aid-for-French-Site-Reorganization_34016.html
April 4, 2011
Solvay has agreed to acquire Rhodia for €3.4 billion in cash. Solvay will launch a friendly cash offer for Rhodia at €31.60/share under the terms of the deal, a 50% premium...
http://www.chemweek.com/regions/western_europe/france/Solvay-to-Acquire-Rhodia-for-&euro3-4-Billion_33937.html
March 22, 2011
Sanofi-Aventis (Paris) and Merck & Co. (Whitehouse Station, NJ) say they have terminated their previously announced agreement to form a new animal health joint venture by combining...
http://www.chemweek.com/regions/western_europe/france/Sanofi-Aventis-and-Merck-and-Co-Terminate-Agreement-to-Form-Animal-Health-JV_33615.html
March 11, 2011
BASF says it has successfully placed about 19.7 million shares of K+S (Kassel, Germany), Europe's biggest producer of potash, with insitutuional investors at a price of €50/share...
http://www.chemweek.com/regions/western_europe/france/BASF-Raises-&euro1-Billion-from-Divestment-of-K+S-Stake_33371.html
March 10, 2011
Total Petrochemicals, IFP Energies and its subsidiary Axens have formed an alliance to develop a new technology for the production of bio-ethylene by hydration of ethanol. The new...
http://www.chemweek.com/regions/western_europe/france/Total-Petrochemicals-IFP-and-Axens-form-Bio-ethylene-Technology-Alliance_33341.html
March 3, 2011
Solvay says it will invest €26 million to increase capacity for Solef polyvinylidene fluoride (PVDF) at its Tavaux, France manufacturing complex. Completion of the project, which...
http://www.chemweek.com/regions/western_europe/france/Solvay-Hikes-PVDF-Capacity-in-France_33183.html
March 2, 2011
Rhodia says it will make improvements at its Melle, France cyclopentanone unit to increase reliability and efficiency....
http://www.chemweek.com/regions/western_europe/france/Rhodia-Invests-in-Fragrance-Unit_33160.html
March 2, 2011
Arkema returned to a profit in fourth-quarter 2010 because of improved demand and higher selling prices. Net income for the quarter was €58 million ($80 million), compared to a...
http://www.chemweek.com/regions/western_europe/france/Arkemas-Quarterly-Results-Swing-to-a-Profit_33157.html
March 1, 2011
BASF has put the majority of its fertilizer business on the block. BASF says the businesses up for sale are profitable, but are not considered to be core operations. The company...
http://www.chemweek.com/regions/western_europe/france/BASF-Puts-Bulk-of-Fertilizers-Unit-Up-for-Sale_33131.html
February 23, 2011
Rhodia's net profits more than tripled in the fourth quarter of 2010 compared with the same period of 2009, to €91 million on sales up 16% on a like-for-like basis, to €1.4 billion....
http://www.chemweek.com/regions/western_europe/france/Rhodia-Posts-Big-Increases-in-Profits-and-Sales_32981.html
February 15, 2011
Sanofi-Aventis says it has entered into a definitive agreement with biotechnology company Genzyme (Cambridge, MA), under which Sanofi-Aventis will acquire Genzyme for $74/share in...
http://www.chemweek.com/regions/western_europe/france/Sanofi-Aventis-to-Acquire-Genzyme-for-$20-1-Billion_32884.html
February 15, 2011
Total is considering plans to divest additional specialty chemical businesses and focus the group's chemical activities on petrochemicals, according to a recent report in French...
http://www.chemweek.com/regions/western_europe/france/Total-May-Divest-More-Specialty-Chemical-Businesses_32864.html
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