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March 4, 2015
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation on proposals to identify two new substances of very high concern (SVHC), part of the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/Public-consultation-launched-on-proposals-to-identify-two-substances-as-SVHC_68306.html
March 4, 2015
Germany’s chemical industry association VCI (Frankfurt), employers association BAVC (Wiesbaden), trade union IG BCE, and the federal ministry for economic affairs have concluded...
http://www.chemweek.com/sections/business_finance/europe_mideast/Initiative-launched-to-promote-Germany-as-a-location-for-the-chemical-industry_68302.html
March 4, 2015
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared...
http://www.chemweek.com/sections/business_finance/Lenzing-expects-to-report-a-loss-in-2014-but-operating-results-above-expectations_68262.html
March 4, 2015
Evonik Industries has reported today full-year 2014 sales of €12.9 billion ($14.4 billion), compared with €12.7 billion a year ago, or an increase of 2% year-on-year (YOY)...
http://www.chemweek.com/sections/business_finance/Evonik-reports-higher-fourth-quarter-sales-earnings_68258.html
March 2, 2015
A committee of the European Parliament has called, in a draft opinion, for a number of suggestions to be incorporated in a motion supporting Europe’s move towards a circular...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Parliament-calls-for-move-towards-a-circular-economy_68230.html
March 2, 2015
The European Commission has outlined Europe’s vision for the global climate change agreement to be adopted at the climate summit to be held in Paris in December. The commission...
http://www.chemweek.com/sections/business_finance/usa_americas/European-Commission-sets-out-blueprint-for-tackling-climate-change-post-2020_68228.html
March 2, 2015
GFBiochemicals (Milan, Italy), a company that specializes in the research, development, and production of biobased chemicals and fuels, has announced that it is starting...
http://www.chemweek.com/sections/business_finance/europe_mideast/GFBiochemicals-to-start-commercial-production-of-levulinic-acid-this-summer_68225.html
March 2, 2015
ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-highlights-recent-conclusions-on-BPA-FDA-and-EFSA-assessments-clearly-state-that-BPA-is-safe_68186.html
March 2, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-chemicals-growth-stagnant-in-2014-Cefic_68187.html
February 27, 2015
The European Union’s emissions trading system (EU ETS) allows businesses to purchase permits for carbon dioxide emissions. The current glut of allowances on the market has caused...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mixed-responses-to-reform-of-European-emissions-trading-system_68185.html
February 27, 2015
Results have been mixed for late-reporting specialty chemical makers as the effects of lower oil works its way through specialties product chains. Chemtura beat estimates despite...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mixed-firms-expect-solid-2015_68130.html
February 27, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-on-year (YOY) from $171 million on the advantage of converting the Calvert City, KY, ethylene plant to...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-income-up-7-percent-on-feeds-MLP-makes-first-quarterly-report_68131.html
February 27, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC’s economics department, dipped 0.2% in February, as measured on a three-month...
http://www.chemweek.com/sections/business_finance/usa_americas/Severe-weather-dings-chemical-activity-in-February_68132.html
February 27, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
http://www.chemweek.com/sections/business_finance/usa_americas/Omnova-and-Barington-reach-agreement-on-board-seats_68133.html
February 27, 2015
The United Steelworkers (USW; Pittsburgh) expanded its strike on 21 February to include Motiva’s refinery in Port Arthur, TX, Motiva’s two Louisiana refineries in Convent...
http://www.chemweek.com/sections/business_finance/usa_americas/USW-strike-expands-to-include-Motiva-refineries_68145.html
February 27, 2015
Sibur has announced that a ceremony has been held to lay the first foundations for ZapSibNeftekhim, the company’s biggest investment project, at Tobolsk, Russia....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-launches-biggest-project-completion-may-be-delayed_68078.html
February 27, 2015
A consortium consisting of Haldor Topsoe, Ferrostaal’s industrial projects business unit (Essen, Germany), and Fauji Fertilizer (Rawalpindi, Pakistan) has agreed to develop a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Topsoe-Ferrostaal-Fauji-Fertilizer-to-build-Tanzania-fertilizer-complex_68079.html
February 27, 2015
Solvay says that it is building a polyetheretherketone (PEEK) plant in the United States, more than doubling the company’s capacity for the product. PEEK is a high-performance...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-selects-the-United-States-for-its-second-PEEK-plant_68144.html
February 27, 2015
Leading Southeast Asia–based chemical companies have reported mixed financial results for the fourth quarter of 2014....
http://www.chemweek.com/sections/business_finance/asia_pacific/Southeast-Asian-firms-report-mixed-results_68096.html
February 27, 2015
Braskem has not yet approved its 2015 investment budget, and the company's board has decided to take a couple extra months to refine it because of the volatility in energy markets earlier this year, Carlos Fadigas, CEO of Braskem, said during a recent analyst call....
http://www.chemweek.com/sections/business_finance/usa_americas/Future-of-Braskems-Comperj-petchems-project-uncertain_68121.html
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