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January 29, 2015
SGL Carbon (Wiesbaden, Germany) has announced preliminary results for fiscal 2014, describing the year as “challenging.” Group Ebit “declined substantially”...
http://www.chemweek.com/sections/business_finance/SGL-Carbon-expects-substantial-net-loss-of-about-$284-million-for-2014_67306.html
January 29, 2015
The European Commission has today proposed allowing the United Nations (UN) rules on transparency for investor-state dispute settlement (ISDS) to be applied to existing investment...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-proposes-UN-rules-for-investor-state-dispute-settlement_67312.html
January 28, 2015
The European Chemicals Agency (ECHA; Helsinki) says it has started to implement a new strategy to check compliance of dossiers submitted under the European Union’s Registration...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-implements-new-compliance-check-strategy-for-Reach-dossiers_67274.html
January 28, 2015
The attractiveness of Germany as a location for small- and medium-sized enterprises (SME) in the chemical industry has deteriorated during the last five years, according to the results...
http://www.chemweek.com/sections/business_finance/europe_mideast/Report-Germany-has-become-less-attractive-as-location-for-SMEs_67272.html
January 26, 2015
The Environmental Audit committee of the UK parliament has today published a report on the environmental risks of fracking, a controversial method using water and chemicals to recover...
http://www.chemweek.com/sections/business_finance/europe_mideast/UK-parliamentary-committee-calls-for-a-moratorium-on-shale-gas_67209.html
January 23, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has opened a public consultation on a provisional scientific opinion on the safety of caffeine. The consultation will close on...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-opens-public-consultation-on-draft-opinion-on-the-safety-of-caffeine_67172.html
January 23, 2015
Bayer MaterialScience (BMS), the business currently being carved out from the rest of Bayer via a planned listing on the Frankfurt Stock Exchange, has unveiled a breakthrough technology to make a new aliphatic isocyanate for use in the coatings industry. At a press briefing held recently in Düsseldorf, Daniel Meyer, head of the coatings, adhesives, and specialties (CAS) business unit and member of the executive committee of BMS, said that pentamethylene diisocyanate (PDI), which will be officially launched at the European Coatings Show at Nuremberg, Germany, in April, is a new isocyanate and that 70% of its carbon content comes from biomass without generating any direct competition for food production. BMS can for the first time offer customers an eco-friendly hardener component....
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-to-commercialize-biobased-polyurethane_67099.html
January 23, 2015
Latest figures from the British Coatings Federation (BCF; Leatherhead, UK) show that for the second consecutive year, paint sales in the United Kingdom have outperformed the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Paint-sales-outperform-UK-economy-for-second-year_67100.html
January 23, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has comprehensively reevaluated bisphenol A (BPA) exposure and toxicity. EFSA concludes that “BPA poses no health risk to...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-says-bisphenol-A-exposure-does-not-pose-a-health-risk-for-consumers_67101.html
January 23, 2015
The European Union will devolve to its 28 individual member states the power to authorize the cultivation of genetically modified (GM) crops, allowing national governments to approve new GM crops or ban them on nonscientific grounds....
http://www.chemweek.com/sections/business_finance/europe_mideast/New-law-widens-opportunity-to-cultivate-GM-crops-in-Europe_67102.html
January 23, 2015
Praxair says it is changing the exchange rate used for its Venezuelan business to line up with the Sicad II rate of 50 bolivars to the dollar rather than government’s official...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-to-shift-exchange-rate-for-Venezuela-operations_67117.html
January 23, 2015
Mosaic says it expects that reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at the high end of the company’s guidance range, resulting in fourth-quarter 2014 earnings per diluted share of 93–98 cts, including approximately 10 cts in net benefits from notable items....
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-raises-guidance-on-strong-volumes-and-margins_67118.html
January 23, 2015
Ube Industries says it has increased its stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by the end of March. AET was established...
http://www.chemweek.com/sections/business_finance/usa_americas/Ube-Industries-raises-stake-in-electrolytes-JV-with-Dow_67145.html
January 23, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-fall-in-quarterly-profits_67088.html
January 23, 2015
Teijin says that its Teijin DuPont Films polyester films joint venture with DuPont will permanently shut its production facility at Anpachi, Japan....
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-DuPont-JV-closes-Japan-plant_67089.html
January 23, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will construct a validation plant at the Kurashiki, Japan, manufacturing complex for the company’s newly developed...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-to-build-plant-to-produce-diphenyl-carbonate_67090.html
January 23, 2015
Albemarle on 20 January announced a corporate realignment following the close of its $6.2-billion acquisition of Rockwood Holdings earlier in the month....
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-realigns-structure-after-Rockwood-deal-close_67134.html
January 23, 2015
Monsanto says the US Department of Agriculture has deregulated its dicamba-tolerant trait technologies—Roundup Ready 2 Xtend soybeans and Bollgard II XtendFlex cotton. These weed...
http://www.chemweek.com/sections/business_finance/usa_americas/USDA-deregulates-Monsanto-weed-control-traits_67135.html
January 23, 2015
LyondellBasell Industries says three senior executives—Timothy Roberts, Patrick Quarles, and Kevin Brown—have assumed expanded roles within the company. “These...
http://www.chemweek.com/sections/business_finance/usa_americas/LyondellBasell-expands-role-of-three-senior-execs-as-new-CEO-takes-helm_67136.html
January 23, 2015
Brazil’s chemical trade deficit totaled about $31.2 billion in 2014—approximately $400.0 million below estimates disclosed by the country’s chemical industry association, Abiquim (São Paulo) during its annual meeting last December, Abiquim says....
http://www.chemweek.com/sections/business_finance/usa_americas/Brazils-chemical-trade-deficit-drops-2-4-percent-in-2014_67143.html
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