IHS Chemical Week

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October 30, 2014
Bayer said today that it has increased its 2014 profit forecast following a stronger-than-expected third quarter. It now expects core earnings per share (EPS) to grow by a mid-to-high...
http://www.chemweek.com/regions/western_europe/germany/Bayer-raises-2014-profit-forecast-on-track-to-float-MaterialScience_64928.html
October 30, 2014
Linde has revised down its outlook for 2014 due to weaker market conditions. The company says it will no longer be able to achieve the target it had set itself for 2014 of a return on...
http://www.chemweek.com/regions/western_europe/germany/Linde-downgrades-outlook-as-third-quarter-profit-falls-by-half_64936.html
October 30, 2014
Evonik Industries says it increased sales in third-quarter 2014 to €3.24 billion ($4.13 billion), compared with €3.20 billion in the year-ago quarter. The company says that...
http://www.chemweek.com/regions/western_europe/germany/Evonik-reports-third-quarter-sales-of-$4-13-billion-up-1-percent-Ebitda-decreases-by-3-percent_64925.html
October 30, 2014
Higher volumes in many of its products and higher prices for some, especially solar silicon, have helped Wacker Chemie to raise its third-quarter sales and profits. Ebitda more than...
http://www.chemweek.com/regions/western_europe/germany/Wacker-raises-third-quarter-sales-and-profits-expects-full-year-Ebitda-of-&euro1-billion_64930.html
October 31, 2014
BASF says its BASF Venture Capital subsidiary has invested $1.5 million in SLIPS Technolgies (Cambridge, MA), part of a $3 million series A financing. Swiss entrepreneur and private...
http://www.chemweek.com/regions/western_europe/germany/BASF-invests-$1-5-million-in-SLIPS-Technologies-signs-joint-development-agreement_64890.html
October 29, 2014
Karlsruhe Institute of Technology (KIT; Karlsruhe, Germany) and Deutsche Nanoschicht (Rheinbach, Germany) have announced that they are to establish joint laboratory at KIT's Institute...
http://www.chemweek.com/regions/western_europe/germany/KIT-Deutsche-Nanoschicht-establish-joint-laboratory-for-superconducting-thin-films_64885.html
October 27, 2014
Germany’s chemical industry association VCI (Frankfurt) is calling on European member states not to follow the plans of the European Commission for new and tougher rules within...
http://www.chemweek.com/regions/western_europe/germany/VCI-Europe-should-implement-existing-waste-legislation-rather-than-develop-new-tougher-rules_64808.html
October 27, 2014
The board of executive directors of BASF has announced a number of personnel changes. Gabriel Tanbourgi, president/care chemicals, will retire on 31 December. He will be succeeded by...
http://www.chemweek.com/regions/western_europe/germany/BASF-announces-several-personnel-changes_64807.html
October 24, 2014
Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly...
http://www.chemweek.com/regions/western_europe/germany/VCI-Highly-ambitious-climate-targets-will-result-in-weaker-growth-reduced-competitiveness_64783.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/regions/western_europe/germany/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 24, 2014
BASF today reported a slight increase in third-quarter Ebitda to €2.52 billion ($3.19 billion) compared with €2.49 billion in the year-earlier quarter. Earnings before...
http://www.chemweek.com/regions/western_europe/germany/BASF-raises-third-quarter-sales-and-earnings-unlikely-to-achieve-2015-targets_64774.html
October 23, 2014
BASF today appointed Sanjeev Gandhi, 47, to the board of executive directors, effective 1 December 2014. Gandhi, currently head of BASF’s intermediates division, will replace...
http://www.chemweek.com/regions/western_europe/germany/BASF-shuffles-executive-board-as-one-member-retires_64695.html
October 23, 2014
Private equity firms are mulling possible offers for Bayer MaterialScience (BMS), the German life science company’s major polyurethanes and polycarbonates business, according to...
http://www.chemweek.com/regions/western_europe/germany/Report-Private-equity-firms-eyeing-Bayer-MaterialScience_64694.html
October 22, 2014
UK employers' association CBI (London), commenting ahead of a meeting of the European Council in Brussels, says that “competitiveness must be at the heart of European Union...
http://www.chemweek.com/regions/western_europe/germany/UKs-CBI-Competitiveness-must-be-at-heart-of-EU-climate-discussions_64666.html
October 21, 2014
Refinery production of liquefied petroleum gas (LPG) in the European Union fell 8.5% year-on-year (YOY) for the year through August, to about 483,180 bbl/day on average, according to...
http://www.chemweek.com/regions/western_europe/germany/EU-refinery-LPG-production-down-8-5-percent-demand-dips-1-7-percent_64656.html
October 21, 2014
Private equity firm Hannover Finanz Group (Hannover, Germany) has agreed to acquire a 28.6% stake in family-controlled plastics and specialty chemicals distributor Biesterfeld...
http://www.chemweek.com/regions/western_europe/germany/Private-equity-firm-buys-stake-in-distributor-Biesterfeld_64654.html
October 21, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened public consultations on proposals for harmonised classification and labelling (CLH) of three substances: azadirachtin (Neem...
http://www.chemweek.com/regions/western_europe/germany/ECHA-opens-public-consultation-on-CLH-proposals-for-azadirachtin-margosa-extract-and-terbuthylazine_64639.html
October 21, 2014
Germany’s energy-intensive industries association (BID; Berlin) has warned over higher burdens for industry as a result of unilateral, challenging climate protection goals. Utz...
http://www.chemweek.com/regions/western_europe/germany/Germanys-EID-warns-over-higher-costs-resulting-from-unilateral-EU-climate-goals_64636.html
October 20, 2014
PPG Industries says that it has expanded its application support center (ASC) for Central Europe at Hamburg. The Hamburg ASC will now provide premixed and frozen sealants and Semkit...
http://www.chemweek.com/regions/western_europe/germany/PPG-expands-aerospace-sealants-capacity-in-Germany_64605.html
October 17, 2014
Kuraray says that it has reached an agreement to sell the European polyvinyl butyral (PVB) film business formerly owned by DuPont, including the production facility at Uentrop...
http://www.chemweek.com/regions/western_europe/germany/Kuraray-to-sell-former-DuPont-European-PVB-film-business-to-Luxembourg-based-firm-GVC_64577.html
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