IHS Chemical Week

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October 16, 2015
The trade association energy-intensive industries in Germany (EID; Berlin) has described the recently announced increase in the renewable energy law (EEG) levy for 2016 as “bad...
http://www.chemweek.com/regions/western_europe/germany/German-industry-criticizes-increase-in-levy-to-support-energy-transition_74444.html
October 14, 2015
Merck KGaA (Darmstadt, Germany) on Wednesday announced it is relaunching its brand to reflect the company's transformation into a global science and technology company. The company...
http://www.chemweek.com/regions/western_europe/germany/Merck-KGaA-rebrands_74385.html
October 21, 2015
Solvay said on Tuesday that it has acquired EPIC Polymers’ (Kaiserslautern, Germany) long-fiber thermoplastics (LFT) technology to complement its offering of lightweighting...
http://www.chemweek.com/regions/western_europe/germany/Solvay-acquires-EPIC-Polymers-long-fiber-thermoplastics-business_74365.html
October 13, 2015
Merck KGaA (Darmstadt, Germany) on Tuesday said that its board has appointed Stefan Oschmann as the new chairman of the executive board and CEO. The appointment will take effect with...
http://www.chemweek.com/regions/western_europe/germany/Merck-KGaA-names-new-CEO_74369.html
October 9, 2015
The United States has overtaken the Netherlands to become the German chemical industry's most important export destination, according to figures released by German chemical industry...
http://www.chemweek.com/regions/western_europe/germany/US-becomes-Germanys-most-important-chemicals-export-destination_74326.html
October 7, 2015
Reverdia (Geleen, Netherlands) and Covestro (Leverkusen), formerly Bayer MaterialScience, have agreed to jointly develop and promote thermoplastic polyurethanes (TPUs) based on...
http://www.chemweek.com/regions/western_europe/germany/Covestro-and-Reverdia-to-develop-biobased-TPU_74214.html
October 7, 2015
Shares in Covestro (Leverkusen), formerly Bayer MaterialScience, rose by about 10% in initial trading on its first day, Tuesday, on the Frankfurt Stock Exchange. Covestro shares were...
http://www.chemweek.com/regions/western_europe/germany/Covestro-shares-rise-10-percent-on-stock-market-debut_74188.html
October 6, 2015
BASF will more than double its chlorine capacity based on membrane-cell technology. The company will add 250,000 m.t./year capacity to the existing membrane-cell process plant at the...
http://www.chemweek.com/regions/western_europe/germany/BASF-to-more-than-double-membrane-cell-chlorine-capacity-at-Ludwigshafen_74186.html
October 7, 2015
The advent of shale gas and oil in North America has had a hugely positive impact on the world economy, in terms of energy supply and costs, says Daniel Yergin, vice chairman of IHS...
http://www.chemweek.com/regions/western_europe/germany/EPCA-2015-Energy-has-entered-new-era-of-shale-with-big-benefits-for-petrochemicals-says-IHS-vice-chairman_74163.html
October 5, 2015
The petrochemical industry will account for an increasing share of oil demand over the next 15 years, as the overall energy mix widens to include alternatives to oil such as renewables...
http://www.chemweek.com/regions/western_europe/germany/EPCA-2015-Petrochemicals-to-account-for-growing-share-of-oil-demand-as-energy-mix-widens-threat-to-Europe-from-US-exports_74167.html
October 5, 2015
PotashCorp on Sunday said that it has withdrawn its proposal to acquire German potash producer K+S. The private proposal of €41/share ($46.09) on 31 May, valuing the offer...
http://www.chemweek.com/regions/western_europe/germany/PotashCorp-withdraws-proposal-to-acquire-K+S_74160.html
October 7, 2015
BASF says it is resuming sales of general purpose polystyrene (GPPS). The company divested most of its styrenics operations to Ineos but kept the GPPS plant at Ludwigshafen, which...
http://www.chemweek.com/regions/western_europe/germany/BASF-resumes-sales-of-general-purpose-polystyrene_74137.html
October 2, 2015
Shares of Covestro (Leverkusen), formerly Bayer MaterialScience, will be offered on the stock market for €24.00, valuing the company at €4.9 billion. Bayer says it wants to...
http://www.chemweek.com/regions/western_europe/germany/Covestro-sets-issue-price-at-&euro24-00share-listing-in-Frankfurt-on-6-October_74143.html
October 2, 2015
Henkel, the world’s largest adhesives producer, is cutting 1,200 jobs, 4.4% of the total employed by this division. An internal memo to employees said that the company will...
http://www.chemweek.com/regions/western_europe/germany/Henkel-to-cut-1200-jobs-in-adhesives-business_74136.html
October 1, 2015
Merck KGaA on Thursday opened its innovation center at Darmstadt, Germany. It will promote both the innovation potential of Merck employees and give external innovators the opportunity...
http://www.chemweek.com/regions/western_europe/germany/Merck-KGaA-inaugurates-innovation-center-in-Germany_74103.html
October 1, 2015
BASF and Siegfried (Zofingen, Switzerland) on Thursday announced that Siegfried has completed the previously announced acquisition of BASF’s custom synthesis business and parts...
http://www.chemweek.com/regions/western_europe/germany/Siegfried-completes-purchase-of-BASF-pharma-ingredients-businesses-for-about-$300-million_74100.html
October 1, 2015
Bayer and Covestro, formerly Bayer MaterialScience, said on Thursday that in light of the current deterioration and volatility in the capital market environment, they have adjusted the...
http://www.chemweek.com/regions/western_europe/germany/Covestro-listing-hit-by-stock-market-turmoil-price-and-proceeds-expectations-lowered_74099.html
October 1, 2015
Clariant on Thursday officially opened its new biotechnology research center at Planegg, near Munich. The ceremony was attended by Ilse Aigner, the Bavarian Minister for Economic...
http://www.chemweek.com/regions/western_europe/germany/Clariant-opens-biotech-research-center-near-Munich_74115.html
October 1, 2015
BASF and Gazprom said on Thursday that they have completed swapping assets with equivalent value effective 30 September 2015 and financially retroactive to 1 April 2013. With the swap...
http://www.chemweek.com/regions/western_europe/germany/BASF-and-Gazprom-complete-asset-swap_74098.html
September 30, 2015
BASF has lifted the force majeure it had declared on hexamethylenediamine (HMD), AH salt, and nylon-6,6 polymer and the resulting force majeure declaration for nylon-6,6...
http://www.chemweek.com/regions/western_europe/germany/BASF-lifts-nylon-66-force-majeure-resin-prices-still-under-pressure_74077.html
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