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February 21, 2014
Perstorp (Perstorp, Sweden) says it has introduced a business model that includes a new organizational structure and new management team together with a cost-competitiveness program...
http://www.chemweek.com/sections/business_finance/europe_mideast/Perstorp-restructures-cuts-jobs_58927.html
February 21, 2014
Versalis (Milan) and its parent, ENI (Rome), have reached an agreement with trade unions on a project to redesign the production facilities at Versalis’s Porto Marghera, Italy, site, near Venice, ENI says....
http://www.chemweek.com/sections/business_finance/europe_mideast/Versalis-to-convert-Italian-site-close-UK-rubbers-facility_58928.html
February 21, 2014
Altana (Wesel, Germany) says it has acquired DSM’s polypropylene (PP) wax emulsions business. The deal includes technology and customer-specific know-how, Altana says. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Altana-acquires-DSMs-PP-wax-emulsions-business_58967.html
February 21, 2014
The European Commission is set to approve cultivation of DuPont’s 1507, a genetically modified (GM) maize, after 28 EU member-state representatives were unable to reach a...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-set-to-okay-DuPont-biotech-seed_58975.html
February 21, 2014
Specialty chemical companies report earnings that mostly beat analysts’ expectations on stronger conditions in key end markets, such as coatings and flavors. International...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mostly-ahead-of-estimates_58976.html
February 21, 2014
Two activist New York hedge funds have made new moves to assert influence over the strategic direction of Williams Companies (Tulsa, OK), increasing their stake in the firm and hiring...
http://www.chemweek.com/sections/business_finance/usa_americas/Activist-hedge-funds-increase-stake-in-Williams-Companies_58977.html
February 21, 2014
Most of the leading Japanese chemical companies swung to profit or achieved higher earnings for their fiscal first nine months, ended 31 December 2013. Companies also report higher...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-improved-earnings-sales_58919.html
February 21, 2014
Axiall (Atlanta) and Lotte Chemical (Seoul) have signed a preliminary agreement to pursue a 50-50 joint venture for the construction of a 1-million m.t./year ethane cracker in...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-and-Lotte-Chemical-to-partner-on-Louisiana-cracker_58990.html
February 21, 2014
Dow Chemical has rejected a proposal by hedge fund Third Point (New York) that the company spin off its petrochemical operations....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-rejects-proposed-breakup-and-defends-current-strategy_58991.html
February 21, 2014
Matheson Tri-Gas (Basking Ridge, NJ), a a subsidiary of Taiyo Nippon Sanso (Shinagawa, Japan), has completed the acquisition of Continental Carbonic Products (Decatur, IL), a...
http://www.chemweek.com/sections/business_finance/usa_americas/Matheson-acquires-dry-ice-maker-Continental-Carbonic_58992.html
February 21, 2014
Fertilizer producers posted all-around weaker results this quarter mainly because of plummeting potash prices after the breakup of major potash exporter Belarusian Potash Corp. (BPC)...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-earnings-plummet-on-collapsing-potash-prices_58993.html
February 21, 2014
Axiall (Atlanta), Huntsman (The Woodlands, TX), and Westlake Chemical (Houston) have turned in year-on-year (YOY) income gains for the fourth quarter on broad-based strength across most of their product lines....
http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-and-commodity-producers-post-income-gains_58994.html
February 20, 2014
Cefic has called for competitive energy and an affordable climate policy, on the eve of a European Council meeting on competitiveness. Gas and electricity costs in the United States...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-Europe-needs-competitive-energy-and-an-affordable-climate-policy_58945.html
February 20, 2014
The European Commission says that it welcomes measures adopted by the European Union's council of ministers today to better protect workers from risks linked to exposure to chemicals...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-welcomes-measures-to-protect-workers-against-exposure-to-hazardous-chemicals_58941.html
February 14, 2014
The European Food Safety Authority (EFSA; Pisa, Italy) has opened a public consultation on a draft scientific opinion on dietary reference values for niacin (nicotinic acid, or...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-launches-public-consultation-on-dietary-reference-values-for-niacin_58835.html
February 13, 2014
The chemical sector in the European Union remains "fragile" despite output growth of 2.8% in November 2013, Cefic says. Output fell 0.2% for January–November 2013...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-EU-chemical-sector-faces-fragile-recovery_58798.html
February 13, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened public consultations on applications for authorization for the use of diarsenic trioxide, and the pigments lead chromate...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultations-on-authorization-of-diarsenic-trioxide-lead-chromate-pigments_58779.html
February 11, 2014
Paints and coatings company Tikkurila (Helsinki) has announced leadership changes in its business units in Eastern Europe. Simo Laitala has resigned as head/Russia, effective 11...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tikkurila-makes-leadership-changes-in-Eastern-Europe_58743.html
February 11, 2014
The European Chemicals Agency (ECHA; Helsinki) has invited comments on a proposal for harmonized classification and labeling (CLH) of chloralose (anhydroglucochloral). The hazard...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-invites-comments-for-harmonized-classification-and-labeling-of-chloralose_58733.html
February 11, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation on potential candidates for substitution of six active substances. If the evaluating competent authority...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultation-on-potential-candidates-for-substitution-of-six-active-substances_58729.html
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