IHS Chemical Week

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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...
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...
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....
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...
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...
February 15, 2011
Air Liquide recorded a 14% rise in net profits for 2010, to €1.4 billion ($1.9 billion) compared with 2009, on sales up 12.6%, to €13.48 billion. The progressive recovery in...
February 14, 2011
The European Commission has authorized the resumption of spot emissions trading from today in France, Germany, the Netherlands, Slovakia, and the U.K. after those countries' national...
February 11, 2011
Total says that adjusted net operating income at the company's chemicals business more than doubled in the fourth quarter of 2010 compared with the same period of 2009, to €170...
February 4, 2011
A host of leading lights from the world of chemistry gathered in Paris, France this week to celebrate the launch of the United Nations international year of chemistry (IYC). If there...
February 3, 2011
Total has appointed Patrick Pouyanné deputy general manager/chemicals division and deputy general manager/petrochemicals, effective March 1, 2011. The company did not say...
January 31, 2011
Ineos has accepted a $1-billion binding offer from PetroChina for a 50% stake in Ineos's European refining business. The deal covers Ineos refineries at Grangemouth, U.K. and...
January 28, 2011
This Week on CW: At ACI 2010, held this week in Orlando, the cleaning industry expressed renewed optimism as demand continues to rise. Rising demand, of course, means higher volumes...
January 19, 2011
AXA Private Equity (Paris) has agreed to acquire a majority stake in Novacap (Lyon, France) from Bain Capital for about €240 million. The exact size of the stake was not...
January 18, 2011
Chemical distributors Stockmeier (Bielefeld, Germany) and Overlack (Mönchengladbach, Germany) say they have agreed jointly to acquire distributor Quaron France from Eurochem...
January 13, 2011
Rhodia says it has developed a process for the recovery and separation of rare earths contained in used low-energy light bulbs. The process, which should be operational by the first...
January 10, 2011
PetroChina has signed an agreement with Ineos for the previously reported acquisition by PetroChina of stakes in Ineos's refineries at Grangemouth, U.K. and Lavéra, France....
January 7, 2011
Axa Private Equity (Paris) is in exclusive negotiations to acquire Novacap (Lyon, France) from Bain Capital, French financial journal l'Agefi says. Bain put Novacap up for sale last...
December 27, 2010
Global fertilizer consumption is expected to grow by 4.7% in the 2010-2011 growing season, driven by rising crop prices and the improving economy, according to the International Fertilizer Industry Association (IFA; Paris). By 2011-2012, nutrient application rates are expected to fully recover to the levels seen prior to the economic crisis, IFA says....
December 16, 2010
Fine chemicals firm Novasep (Pompey, France), and Daniso (Copenhagen), say they have jointly developed a “cost-effective, environmentally friendly process” to produce...
December 16, 2010
Air Liquide has set new financial objectives for 2015, and has announced a capital investment plan of €12 billion ($16 billion) for that time period. Air Liquide says it targets...
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