IHS Chemical Week

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December 2, 2011
This Week on CW:   BASF is targeting an 80% increase in sales by 2020, to $153 billion. Development and sale of sustainable products and expansion into emerging markets are...
http://www.chemweek.com/regions/western_europe/germany/Chemical-Industry-Weekly-News-Round-Up-Dec-2_39481.html
December 2, 2011
AkzoNobel says it has completed the previously announced acquisition of the coatings business of SSCP (Seongnam, Korea). SSCP has a strong position in the Korean mobile phone market...
http://www.chemweek.com/regions/western_europe/germany/AkzoNobel-Completes-Acquisition-of-Coatings-Business-of-Korean-Firm_39459.html
November 29, 2011
BASF unveiled a 2020 sales target of €115 billion ($153 billion) today, up 80% from 2010 levels. Ebitda is forecast to double, to €23 billion in 2020, from €11.1 billion in 2010, BASF executives say.  The company’s strategy is to focus more on sustainable products and on expansion in emerging markets, as part of BASF's efforts to make a “significant contribution to meeting the needs of a growing world population,” says executive chairman Kurt Bock....
http://www.chemweek.com/regions/western_europe/germany/BASF-Targets-80-percent-Rise-in-Sales-and-Doubling-of-Earnings-by-2020_39375.html
November 29, 2011
International Petroleum Investment Co. (IPIC; Abu Dhabi) has sold its 70% stake in German engineering group Ferrostaal (Essen) to MAN SE (Munich), a subsidiary of Volkswagen (VW), for...
http://www.chemweek.com/regions/western_europe/germany/IPIC-Sells-its-Majority-Stake-in-Ferrostaal-Following-Dispute_39377.html
November 24, 2011
DSM says its Arnitel Eco family of partly bio-based thermoplastic copolyester (TPC) has been awarded Cradle to Cradle certification by the international sustainable design firm...
http://www.chemweek.com/regions/western_europe/germany/DSM-Polyester-Certified-as-Cradle-to-Cradle_39339.html
November 22, 2011
Germany’s chemical industry, the biggest in Europe and fourth biggest worldwide in sales terms, made a dramatic recovery from the recession of 2008-09 and posted extremely strong...
http://www.chemweek.com/regions/western_europe/germany/Germany-Recovery-Slows-for-Europes-Growth-Engine_39117.html
November 21, 2011
Living on borrowed time: E.On's nuclear power plant at Brokdorf, Germany. The German chemical industry faces a number of tough regulatory challenges in the coming years. The most...
http://www.chemweek.com/regions/western_europe/germany/Nuclear-Exit-Emission-Costs-Threaten-Competitiveness-of-German-Industry_39218.html
November 21, 2011
Living on borrowed time: E.On's nuclear power plant at Brokdorf, Germany. The German chemical industry faces a number of tough regulatory challenges in the coming years. The most...
http://www.chemweek.com/regions/western_europe/germany/Emission-Costs-Nuclear-Exit-Threaten-Industrys-Competitiveness_39119.html
November 21, 2011
The German chemical industry is best known for an array of multinational companies with household names such as such as BASF, Bayer, Evonik Industries, Henkel, Lanxess, Linde, and...
http://www.chemweek.com/regions/western_europe/germany/The-Mittelstand-Germanys-Industrial-Backbone_39118.html
November 21, 2011
BASF, the third-largest producer of agricultural chemicals behind Syngenta and Bayer CropScience, has outlined plans and long-term sales targets for its crop protection and plant...
http://www.chemweek.com/regions/western_europe/germany/BASF-Outlines-Agchem-Strategy-Announces-Growth-Targets_39073.html
November 15, 2011
Evonik Industries says it has expanded the production capacity for highly potent active pharmaceutical ingredients (HPAPIs) on a kilogram scale at its Tippecanoe Laboratories...
http://www.chemweek.com/regions/western_europe/germany/Evonik-Expands-Production-Capacity-and-Builds-a-Laboratory-for-HPAPIs_39048.html
November 11, 2011
AkzoNobel and Fluorchemie (Frankfurt) have formed CF Carbons (Frankfurt), an equally owned joint venture producing the fluorocarbon HCFC22 (‘R22’). Financial details were...
http://www.chemweek.com/regions/western_europe/germany/AkzoNobel-and-Fluorchemie-Form-R22-Fluorocarbon-Manufacturing-Joint-Venture_38993.html
November 10, 2011
Brenntag, the market leader in chemical distribution, posted a 4% hike in third-quarter 2011 operating Ebitda, to €167 million compared with the corresponding period of 2010 on...
http://www.chemweek.com/regions/western_europe/germany/Brenntag-Posts-Higher-Earnings-and-Sales-Maintains-Full-Year-Forecast_38979.html
November 10, 2011
Lanxess today reported a 31% increase in third quarter net profits to €154 million ($210 million) on 26% higher sales at €2.3 billion, compared with the year-earlier period...
http://www.chemweek.com/regions/western_europe/germany/Lanxess-Reports-Record-Third-Quarter-Confirms-Guidance-Acquires-Biocides-Business-in-the-U-S-_38970.html
November 9, 2011
Henkel's adhesives business achieved a 9% increase in third-quarter 2011 adjusted operating profits compared with the corresponding period of 2010, to €291 million on sales up 4%...
http://www.chemweek.com/regions/western_europe/germany/Henkels-Adhesives-Business-Posts-Higher-Sales-and-Profits_38942.html
November 4, 2011
Output of chemicals decreased 2% in Germany during the third quarter of 2011 compared with the previous quarter, industry association VCI (Frankfurt) says. However, third-quarter...
http://www.chemweek.com/regions/western_europe/germany/Third-quarter-Output-Slows-in-Germany-VCI-Maintains-Full-Year-Forecast_38793.html
November 3, 2011
Jacobs Engineering has been awarded a contract from Oxea (Oberhausen, Germany) to provide detailed engineering, procurement support and support services for a previously announced new...
http://www.chemweek.com/regions/western_europe/germany/Jacobs-Awarded-Oxea-Esters-Plant-Contract-in-Germany_38738.html
October 31, 2011
Topping the headlines last week, third-quarter at U.S. basic and diversified firms earnings were generally solid despite slowing growth. The story was similar elsewhere. In Europe...
http://www.chemweek.com/regions/western_europe/germany/Chemical-Finance-Digest-Oct-24-28_38724.html
October 31, 2011
Leadership and Innovation Underpin Robust Performance Wolfgruber: Creating ‘differentiation potential’ for the company’s customers. Altana (Wesel, Germany), a...
http://www.chemweek.com/regions/western_europe/germany/Altana-Shows-Resilience_38575.html
October 31, 2011
BASF says its plant science unit today applied for European Union approval for its “genetically optimized table potato,” Fortuna. Fortuna has a wild potato’s...
http://www.chemweek.com/regions/western_europe/germany/BASF-Seeks-EU-Approval-for-Fortuna-its-Genetically-Optimized-Table-Potato_38708.html
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