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March 27, 2015
Employers association and trade union in Germany have agreed on a salary agreement. The 550,000 employees in Germany’s chemical industry will receive a pay rise of 2.8%...
http://www.chemweek.com/sections/business_finance/europe_mideast/Chemical-industry-workers-in-Germany-to-get-2-8-percent-pay-rise_68983.html
March 27, 2015
Composite materials supplier Gurit (Zurich) said today it has appointed Angelo Quabba as CFO and a member of the company’s executive committee, effective 1 August. Quabba is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Gurit-appoints-CFO_68963.html
March 26, 2015
The European Parliament's committee on Industry, Research and Energy (ITRE) says that the transatlantic trade and investment partnership (TTIP), currently being negotiated between the...
http://www.chemweek.com/sections/business_finance/usa_americas/TTIP-European-Parliament-committee-calls-for-support-of-SMEs-energy-intensive-sector-access-to-US-markets_68938.html
March 26, 2015
The presidency of the European Council, the institution of the heads of state or government of the member states of the European Union, currently held by Latvia, has a mandate to start...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-ready-to-negotiate-with-parliament-over-market-stability-reserve_68934.html
March 26, 2015
One in every five large (more than 1,000 employees) industrial companies in Germany is involved in a start-up in order to support innovation. But only 1 in 10 firms with fewer than...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germany-Large-companies-buy-into-start-ups-to-tap-creativity_68927.html
March 26, 2015
The European Chemicals Agency (ECHA; Helsinki) has published its first annual report on the implementation of its road map for substances of very high concern (SVHC). The Roadmap for...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-provides-update-on-SVHC-2020-road-map_68892.html
March 25, 2015
“Make Germany fit for the future by combining power from politics and the economy,” says Marijn Dekkers, president of Germany’s chemical industry association VCI...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-president-Dekkers-calls-for-"innovation-offensive"-in-Germany_68906.html
March 25, 2015
Applied Graphene Materials (Wilton, UK), a producer of specialty graphene materials, today announced its interim results for the six months ended 31 January. The company reports a loss...
http://www.chemweek.com/sections/business_finance/Applied-Graphene-Materials-reports-loss-plans-expansion-of-production-capacity_68884.html
March 24, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced that revenues rose to €3.7 million ($4.04 million) in 2014, up from €700,000 in...
http://www.chemweek.com/sections/business_finance/METabolic-EXplorer-increases-sales-operating-income-reduces-net-loss_68851.html
March 24, 2015
Biobased chemicals and fuels firm Gevo (Englewood, CO) announced today that it has signed a memorandum of understanding with Praj Industries (Pune, India) for the latter to become a...
http://www.chemweek.com/sections/business_finance/usa_americas/Gevo-licenses-iosbutanol-technology-to-Praj-Industries_68849.html
March 24, 2015
Shortly before the fourth and decisive round of tariff pay negotiations for workers in Germany’s chemical industry, 18,000 employees have demonstrated in Ludwigshafen in support...
http://www.chemweek.com/sections/business_finance/europe_mideast/Pay-talks-in-Germany-18000-demonstrate-in-Ludwigshafen-union-adopts-uncompromising-stance_68855.html
March 24, 2015
Lenzing, (Lenzing, Austria), a man-made cellulosic fibers producer, says sales fell by 2.3%, to €1.86 billion ($2.02 billion), in fiscal 2014 compared with sales of €1.91...
http://www.chemweek.com/sections/business_finance/Lenzing-reports-increased-Ebitda-lower-sales-in-very-challenging-environment_68841.html
March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/sections/business_finance/Altana-acheives-double-digit-sales-and-Ebitda-growth-in-2014_68781.html
March 20, 2015
Synthomer (Harlow, UK), a worldwide leader in carboxylated styrene butadiene (SB) latex for carpet, paper, and specialty applications, says that it is expanding its plant at Kluang...
http://www.chemweek.com/sections/business_finance/asia_pacific/Synthomer-hikes-SB-latex_68728.html
March 20, 2015
Mitsui Chemicals says that the company’s wholly owned Mitsui Chemicals Functional Composites Shanghai subsidiary has started production at previously announced plants in the Jinshan...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-starts-up-plants-for-functional-materials_68729.html
March 20, 2015
Mosaic says that, following its acquisition of Archer Daniels Midland’s distribution businesses in Brazil and Paraguay, it will change the reporting of its business segments....
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-changes-reporting-updates-volume-and-price-guidance_68760.html
March 20, 2015
Royal Dutch Shell and the United Steelworkers (USW; Pittsburgh) union reached a tentative agreement 12 March on a four-year labor agreement, but not all petrochemical plant or refinery...
http://www.chemweek.com/sections/business_finance/usa_americas/Some-sites-still-in-discussions-with-USW-following-Shell-settlement_68761.html
March 20, 2015
Wacker Chemie says that the construction of its $2-billion polysilicon plant at Charleston, TN, is in the “home straight” and will ramp up to full capacity in this year...
http://www.chemweek.com/sections/business_finance/usa_americas/Wacker-staying-the-course-on-US-polysilicon-investment_68762.html
March 20, 2015
Lanxess has reported substantially improved operating result and net income in 2014. It has also outlined restructuring measures for its synthetic rubber businsss, as part of a broader...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-to-close-EPDM-plant-realign-BR-operations_68724.html
March 20, 2015
Leading Europe-based companies are expected to benefit overall from lower oil prices and the weakening euro. However, cheaper raw materials and a more competitive currency are not...
http://www.chemweek.com/sections/business_finance/europe_mideast/Benefits-of-weak-euro-oil-slump-not-yet-fully-visible_68725.html
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