IHS Chemical Week

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December 4, 2013
Lotte Chemical UK, a subsidiary of Lotte Chemical (Seoul), says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The...
http://www.chemweek.com/regions/western_europe/uk/Lotte-Chemical-to-close-PTA-plant-in-UK_57071.html
December 3, 2013
Ineos says it will be closing a number of old manufacturing assets at Grangemouth, UK., which will lead to some job cuts but not as many as 200, which Unite union feared. A spokesman...
http://www.chemweek.com/regions/western_europe/uk/Ineos-to-close-plants-at-Grangemouth-US-shale-gas-will-help-profitability_57054.html
December 3, 2013
Green Biologics (Abingdon, UK), has closed a £15.4-million ($25.2 million) series B financing round led by venture capital firm Sofinnova Partners (Paris) and Swire Group...
http://www.chemweek.com/regions/western_europe/uk/Green-Biologics-closes-£15-4-million-financing-round-to-fund-US-renewable-chemical-project_57043.html
November 21, 2013
Johnson Matthey (London) reported £174.3 million ($281.1 million) in profit for its fiscal first half ended 30 September 2013, an increase of about 22% on the same period the...
http://www.chemweek.com/regions/western_europe/uk/Johnson-Matthey-reports-22-percent-increase-in-first-half-profits_56849.html
November 21, 2013
University of Leicester (Leicester, UK) students have cloned the DNA sequences responsible for degrading toluene, the university announced. The cloning of these sequences could help...
http://www.chemweek.com/regions/western_europe/uk/UK-university-students-clone-bacteria-that-degrades-toluene_56844.html
November 19, 2013
Thomas Swan & Co. (Consett, UK) says it has commissioned a carbon nanotube purification plant at the company's Consett production site. The plant has a capacity of 500 kg/year and...
http://www.chemweek.com/regions/western_europe/uk/UK-firm-commissions-carbon-nanotubes-plant_56796.html
November 15, 2013
The European Chemicals Agency (ECHA; Helsinki) says that its member state committee (MSC) has agreed that the agency should request further information on six substances. The MSC...
http://www.chemweek.com/regions/western_europe/uk/ECHA-to-request-additional-information-on-six-substances_56720.html
November 14, 2013
LyondellBasell’s supervisory board has authorized an interim dividend of 60 cts/share an increase of 20% above the company's most recent interim dividend. The dividend will be paid on 9 December, the company said on 13 November. LyondellBasell issued a previous interim dividend of 50 cts/share in October....
http://www.chemweek.com/regions/western_europe/uk/LyondellBasell-increases-dividend_56674.html
November 13, 2013
Indorama Ventures (Bangkok) has decided to mothball the polyethylene terephthalate (PET) plant of the company's Indorama Polymers subsidiary at Workington, UK as part of a business...
http://www.chemweek.com/regions/western_europe/uk/Indorama-to-mothball-PET-plant-in-the-UK_56672.html
November 13, 2013
NorthEdge Capital (Manchester, UK), a private equity firm focused on investing in businesses in the North of England, has acquired Fine Industries (Seal Sands, UK), a manufacturer of...
http://www.chemweek.com/regions/western_europe/uk/NorthEdge-Capital-acquires-UK-firm-Fine-Industries_56662.html
November 7, 2013
BP announced today that it is ready to commercialize two new technologies: the SaaBre synthesis gas (syngas)-to-acetic acid process and Hummingbird, a process that directly converts...
http://www.chemweek.com/regions/western_europe/uk/BP-to-commercialize-breakthrough-acetic-acid-technology-at-a-world-scale-plant_56515.html
October 31, 2013
Shell says its chemical sales volumes slipped 2% in the third quarter from the corresponding period of last year, to 4.62 million m.t. However, chemical sales volumes increased from...
http://www.chemweek.com/regions/western_europe/uk/Shells-chemical-sales-volumes-dip_56339.html
October 29, 2013
BP today announced its financial results for the third quarter as well as a new divestment program. The company’s petrochemicals business reported an underlying replacement cost...
http://www.chemweek.com/regions/western_europe/uk/BPs-petchems-operation-swings-to-profit-group-will-divest-more-assets_56279.html
October 29, 2013
Sirius Minerals, a potash development company, announced today that it has signed two new memoranda of understanding (MOUs) with customers in China for the offtake of a combined 1...
http://www.chemweek.com/regions/western_europe/uk/Sirius-Minerals-signs-more-potash-offtake-deals-with-Chinese-customers_56275.html
October 28, 2013
Shasun Pharmaceuticals (Chennai, India) said today that the Medicines and Healthcare Products Regulatory Agency (MHRA) had completed an inspection of its manufacturing facility at...
http://www.chemweek.com/regions/western_europe/uk/Shasun-Pharma-completes-EU-inspection-at-UK-plant_56240.html
October 25, 2013
Ineos Grangemouth announced today that it will reopen its petrochemicals business with immediate effect and it will restart the oil refinery immediately. The move follows “Unite...
http://www.chemweek.com/regions/western_europe/uk/Ineos-reopens-Grangemouth-receives-grant-guarantee-for-£300-million-investment_56190.html
October 24, 2013
The Unite union, representing about three-quarters of the workforce at the Grangemouth petrochemical and refinery complex, has expressed optimism after a meeting with Grangemouth...
http://www.chemweek.com/regions/western_europe/uk/Union-embraces-Ineoss-survival-plan-to-save-Grangemouth-from-closure_56137.html
October 23, 2013
Consumer goods group Reckitt Benckiser (Slough, UK) is looking at options for its pharmaceuticals business, the company said on Tuesday. “We are commencing a strategic review of...
http://www.chemweek.com/regions/western_europe/uk/Reckitt-Benckiser-likely-to-sell-pharma-business_56114.html
October 23, 2013
Ineos announced today that it will close the Grangemouth, UK, petrochemical complex and that the PetrolIneos joint venture would decide on the future of the adjacent refinery. The...
http://www.chemweek.com/regions/western_europe/uk/Ineos-Grangemouth-petchems-complex-to-close-liquidators-appointed-within-a-week_56109.html
October 23, 2013
BASF today announced a restructuring plan for its pigments business, with a planned reduction of 650 jobs by 2017. The company says this will strengthen the competitiveness of its...
http://www.chemweek.com/regions/western_europe/uk/BASF-to-cut-650-jobs-close-UK-pigments-plant-restructure-others_56112.html
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