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May 18, 2015
Brenntag has announced today that it achieved sales of €2.57 billion ($2.86 billion) in the first quarter of 2015 compared with €2.42 billion in the corresponding period in...
http://www.chemweek.com/sections/business_finance/Brenntag-reports-strong-performance-in-all-regions-increases-profit-confirms-outlook_70113.html
May 18, 2015
Emissions of greenhouse gases (GHGs) from installations participating in the European Union Emissions Trading System (EU ETS) decreased by about 4.5% in 2014, according to estimates...
http://www.chemweek.com/sections/business_finance/europe_mideast/Europes-GHG-emissions-fall-by-4-5-percent-in-2014_70460.html
May 15, 2015
Cefic and the American Chamber of Commerce to the European Union (AmCham EU; Brussels) hosted a joint event this week on the Transatlantic Trade and Investment Partnership (TTIP), the...
http://www.chemweek.com/sections/business_finance/usa_americas/Cefic-EU-and-US-industry-have-a-responsibility-to-speak-up-in-support-of-TTIP_70434.html
May 15, 2015
Invista said this week that the force majeure on adiponitrile (ADN) and hexamethylene diamine (HMD) was still in effect, as its Victoria, TX, facility was still in the process of...
http://www.chemweek.com/sections/business_finance/usa_americas/Invista-force-majeure-still-in-place-at-Texas-ADN-plant_70423.html
May 13, 2015
Germany’s chemical-pharmaceutical industry returned to moderate growth during the first three months of 2015, according to the latest quarterly report by chemical trade...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-chemical-production-grows-in-first-quarter-but-sales-fall-on-lower-prices-forecast-unchanged_70367.html
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
http://www.chemweek.com/sections/business_finance/TVK-sales-fall-on-lower-prices-but-profits-leap_70333.html
May 11, 2015
Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette Frères (Lestrem, France) has announced the appointment of Pascal Moritz as new business development...
http://www.chemweek.com/sections/business_finance/europe_mideast/Reverdia-appoints-business-development-manager_70295.html
May 11, 2015
GTS Chemical Holdings’ (Liaocheng, China) unaudited group revenue rose 40% to 167.0 million renminbi ($27.3 million) for the first quarter of 2015 versus Rmb119.3 million a...
http://www.chemweek.com/sections/business_finance/GTS-Chemical-first-quarter-revenue-spikes-40-percent_70289.html
May 11, 2015
The European Parliament’s environment committee approved draft plans this week under which EU member states would have to enforce emission limits on from medium-sized combustion...
http://www.chemweek.com/sections/business_finance/europe_mideast/Europe-to-limit-emissions-from-medium-size-combustion-plants_70259.html
May 11, 2015
The plastics industry has shown itself to be robust, despite a difficult market environment in 2014, says Josef Ertl, chair of industry trade association PlasticsEurope Germany...
http://www.chemweek.com/sections/business_finance/Germanys-plastics-producers-positive-in-spite-of-roller-coaster_70298.html
May 11, 2015
The Biotechnology Industry Organization (BIO; Washington) has announced that Jennifer Holmgren, CEO, LanzaTech (Chicago), is to be the recipient of the 2015 BIO Rosalind Franklin...
http://www.chemweek.com/sections/business_finance/usa_americas/LanzaTechs-Holgrem-to-receive-BIO-Rosalind-Franklin-Award_70296.html
May 8, 2015
Leaving the European Union could cost the United Kingdom €300 billion ($338.5 billion), slashing 14% off the country’s GDP, or €4,850 per capita, according to a report...
http://www.chemweek.com/sections/business_finance/usa_americas/German-think-tank-UK-chems-would-be-hard-hit-by-EU-exit_70171.html
May 8, 2015
Showa Denko says that, in May, it will establish a company that will take over Showa Denko’s phenolic resins business. Showa Denko will transfer 85% of the shares in the new...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-to-sell-phenolic-resins-business-to-Aica-Kogyo_70149.html
May 8, 2015
Dow Chemical will be cutting 1,500–1,700 positions, about 3% of its global workforce, to streamline operations as a result of the pending divestment of most of its chlor-alkali assets. The company also plans “minor” adjustments to its manufacturing assets, it says....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-to-cut-global-workforce-by-3-percent-over-next-two-years_70205.html
May 8, 2015
Reforming the outdated US chemical management policy took a step closer to a full Senate vote as the bipartisan Frank R. Lautenberg Chemical Safety Act passed through the Senate Committee on Environment and Public Works (EPW) on 28 April. A vote before the full Senate is expected in the coming weeks....
http://www.chemweek.com/sections/business_finance/usa_americas/TSCA-reform-bill-heads-to-Senate-floor_70225.html
May 8, 2015
FDA has issued a proposed rule requesting additional scientific data on the safety and effectiveness of certain active ingredients used in OTC health-care antiseptics. FDA says...
http://www.chemweek.com/sections/business_finance/usa_americas/FDA-taking-closer-look-at-OTC-antiseptics_70226.html
May 8, 2015
Steep year-on-year (YOY) declines in net income predominated in the first-quarter results of North American commodity producers reporting since late April. Westlake says conversions to...
http://www.chemweek.com/sections/business_finance/usa_americas/Tough-quarter-for-North-American-commodity-makers_70230.html
May 8, 2015
Leading Europe-based chemical companies started 2015 solidly, achieving big increases in first-quarter sales and, in some cases, strong growth in earnings. The weaker euro, which makes...
http://www.chemweek.com/sections/business_finance/europe_mideast/Weaker-euro-boosts-leading-companies-revenue_70146.html
May 8, 2015
The Biotechnology Industry Organization (BIO; Washington) says that it welcomes the European Commission’s recent decision to approve several genetically modified organisms (GMOs) for...
http://www.chemweek.com/sections/business_finance/europe_mideast/BIO-welcomes-European-Commissions-GMO-approvals_70206.html
May 8, 2015
Saudi Aramco has confirmed that Khalid Al Falih has been appointed chairman and has named Amin Nasser as acting president and CEO. Nasser is a member of the board of Aramco, the world’s largest oil producer, and has held the position of senior v.p./upstream since 2008....
http://www.chemweek.com/sections/business_finance/europe_mideast/Aramco-names-new-CEO-to-be-separated-from-oil-ministry_70207.html
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