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February 18, 2015
The use of renewable energy resources is successfully driving down carbon emissions in Europe, according to a report published by the European Environment Agency (EEA; Copenhagen). EU...
http://www.chemweek.com/sections/business_finance/europe_mideast/EEA-report-Increasing-use-of-renewable-energy-results-in-falling-carbon-emissions-in-Europe_67856.html
February 17, 2015
Bio-on and Eridania Sadam, both headquartered at Bologna, Italy, have announced that they will work together on defining and optimizing the production of levulinic acid (4-oxopentanoic...
http://www.chemweek.com/sections/business_finance/europe_mideast/Italian-companies-to-collaborate-in-green-production-of-levulinic-acid_67833.html
February 16, 2015
The International Renewable Energy Agency (Irena; United Arab Emirates) says that renewable energy can fuel India’s economic growth, and that the country “boasts some of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Irena-renewable-energy-can-fuel-Indias-economic-growth_67812.html
February 13, 2015
The Scottish Industrial Biotechnology Development Group (SIBDG), supported by Scottish Enterprise (Glasgow), has released the Biorefinery Roadmap for Scotland. The document sets out...
http://www.chemweek.com/sections/business_finance/europe_mideast/Scotland-publishes-plans-for-biorefineries-through-2025_67776.html
February 12, 2015
Composite materials supplier Gurit (Zurich) today announced that it plans to cut 80–90 jobs at its facility in Newport (Isle of Wight, UK). The jobs will be eliminated during...
http://www.chemweek.com/sections/business_finance/europe_mideast/Gurit-to-cut-80-90-jobs-in-UK-invests-$6-5-million-in-Hungary-forms-composite-materials-business-unit_67756.html
February 11, 2015
Kemira (Helsinki) has today announced results for fourth-quarter and full-year 2014. The company says that revenue “remained stable” at €547.1 million ($619.4 million)...
http://www.chemweek.com/sections/business_finance/Kemira-reports-growth-improved-profitability_67682.html
February 10, 2015
The British Coatings Federation (BCF; Leatherhead, UK), the Metal Packaging Manufacturers Association (Wokingham, UK), the Food and Drink Federation (London), and the British Plastics...
http://www.chemweek.com/sections/business_finance/europe_mideast/British-industry-associations-call-for-action-on-restriction-of-BPA-use-in-France_67689.html
February 10, 2015
Paints and coatings company Tikkurila (Helsinki) says its revenue in fourth-quarter 2014 was €104.4 million ($118.0 million), a drop of 11% compared with sales of €116.7...
http://www.chemweek.com/sections/business_finance/Tikkurila-reports-fall-in-sales-and-profit-in-fourth-quarter-and-full-year-2014_67678.html
February 6, 2015
Sensient Technologies (Milwaukee) has announced adjusted operating income of $48.0 million in fourth-quarter 2014 compared with $44.6 million for the year-ago period, an increase of...
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-Technologies-reports-increases-in-operating-income_67605.html
February 6, 2015
Sadara, a joint venture between Saudi Aramco and Dow Chemical; and Chemie-Cluster Bayern (CCB; Munich) have announced that they have signed an agreement to cooperate and jointly support the development of chemical-based value chains in PlasChem Park at Al Jubail....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sadara-and-Bavarian-partnership-sign-PlasChem-Park-deal_67553.html
February 6, 2015
Chase Corp. (Bridgewater, MA) has acquired Henkel’s thermoplastic microspheres business and exclusive distribution rights and intellectual property related to Henkel’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Chase-Corp-acquires-two-Henkel-product-lines_67585.html
February 6, 2015
Solvay has agreed to sell its Germany-based refrigerant business and pharma propellants to Daikin (Osaka). The move forms part of a shift of focus at Solvay’s special chemicals...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-divests-Germany-based-refrigerant-business-to-Daikin_67547.html
February 6, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its food specialties business unit has entered into a share-purchase agreement to acquire Prolactal (Hartberg, Austria) and its subsidiary, Rovita (Engelsberg, Germany)....
http://www.chemweek.com/sections/business_finance/europe_mideast/ICL-to-buy-food-ingredients-firm-Prolactal-opens-regional-HQ_67548.html
February 6, 2015
BASF says that the polymer dispersions plant it recently started up at Pasir Gudang, Malaysia, will meet growing demand in the Asean region....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-ups-polymer-dispersions-capacity-in-Southeast-Asia_67549.html
February 6, 2015
Sumitomo Chemical says that it will acquire the compound semiconductor materials business of Hitachi Metals (Tokyo). The acquisition is expected to be completed on 1 April. Financial...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-to-buy-semiconductor-materials-business-of-Hitachi-Metals_67550.html
February 6, 2015
Air Liquide says that it has entered into a long-term agreement in Australia with Nyrstar (Balen, Belgium), an integrated mining and metals company. Air Liquide will invest...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-to-build-ASU-in-Australia_67551.html
February 6, 2015
H.B. Fuller says that it has finalized the previously announced acquisition of Tonsan Adhesive (Beijing), the largest independent engineering adhesives provider in China. Fuller has...
http://www.chemweek.com/sections/business_finance/asia_pacific/Fuller-completes-acquisition-of-Chinese-firm-Tonsan-Adhesive_67552.html
February 6, 2015
Royal Dutch Shell and BP have separately announced substantial cuts in capital expenditure (capex) in response to falling oil prices....
http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-BP-slash-capex-on-oil-slump-chemical-profits-tumble_67546.html
February 6, 2015
The chemical businesses of oil companies had a good quarter, helping offset the effect of falling oil prices on upstream results. ExxonMobil, Occidental Petroleum, and Phillips 66 all...
http://www.chemweek.com/sections/business_finance/usa_americas/Oil-companies-offset-upstream-weakness-with-chemical-gains_67583.html
February 6, 2015
Specialty chemical makers for the most part beat estimates in the fourth quarter, although profit growth was spotty (table). Some companies are forecasting growth in 2015, while others...
http://www.chemweek.com/sections/business_finance/usa_americas/Fourth-quarter-results-mixed-for-specialties-makers_67584.html
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