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March 26, 2015
One in every five large (more than 1,000 employees) industrial companies in Germany is involved in a start-up in order to support innovation. But only 1 in 10 firms with fewer than...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germany-Large-companies-buy-into-start-ups-to-tap-creativity_68927.html
March 26, 2015
The European Chemicals Agency (ECHA; Helsinki) has published its first annual report on the implementation of its road map for substances of very high concern (SVHC). The Roadmap for...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-provides-update-on-SVHC-2020-road-map_68892.html
March 25, 2015
“Make Germany fit for the future by combining power from politics and the economy,” says Marijn Dekkers, president of Germany’s chemical industry association VCI...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-president-Dekkers-calls-for-"innovation-offensive"-in-Germany_68906.html
March 25, 2015
Applied Graphene Materials (Wilton, UK), a producer of specialty graphene materials, today announced its interim results for the six months ended 31 January. The company reports a loss...
http://www.chemweek.com/sections/business_finance/Applied-Graphene-Materials-reports-loss-plans-expansion-of-production-capacity_68884.html
March 24, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced that revenues rose to €3.7 million ($4.04 million) in 2014, up from €700,000 in...
http://www.chemweek.com/sections/business_finance/METabolic-EXplorer-increases-sales-operating-income-reduces-net-loss_68851.html
March 24, 2015
Biobased chemicals and fuels firm Gevo (Englewood, CO) announced today that it has signed a memorandum of understanding with Praj Industries (Pune, India) for the latter to become a...
http://www.chemweek.com/sections/business_finance/usa_americas/Gevo-licenses-iosbutanol-technology-to-Praj-Industries_68849.html
March 24, 2015
Shortly before the fourth and decisive round of tariff pay negotiations for workers in Germany’s chemical industry, 18,000 employees have demonstrated in Ludwigshafen in support...
http://www.chemweek.com/sections/business_finance/europe_mideast/Pay-talks-in-Germany-18000-demonstrate-in-Ludwigshafen-union-adopts-uncompromising-stance_68855.html
March 24, 2015
Lenzing, (Lenzing, Austria), a man-made cellulosic fibers producer, says sales fell by 2.3%, to €1.86 billion ($2.02 billion), in fiscal 2014 compared with sales of €1.91...
http://www.chemweek.com/sections/business_finance/Lenzing-reports-increased-Ebitda-lower-sales-in-very-challenging-environment_68841.html
March 20, 2015
Altana (Wesel, Germany) announced today sales of €1.95 billion ($2.09 billion) in full-year 2014 compared with sales of €1.77 billion in 2013, an increase of 11% year-on-year...
http://www.chemweek.com/sections/business_finance/Altana-acheives-double-digit-sales-and-Ebitda-growth-in-2014_68781.html
March 20, 2015
Synthomer (Harlow, UK), a worldwide leader in carboxylated styrene butadiene (SB) latex for carpet, paper, and specialty applications, says that it is expanding its plant at Kluang...
http://www.chemweek.com/sections/business_finance/asia_pacific/Synthomer-hikes-SB-latex_68728.html
March 20, 2015
Mitsui Chemicals says that the company’s wholly owned Mitsui Chemicals Functional Composites Shanghai subsidiary has started production at previously announced plants in the Jinshan...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-starts-up-plants-for-functional-materials_68729.html
March 20, 2015
Mosaic says that, following its acquisition of Archer Daniels Midland’s distribution businesses in Brazil and Paraguay, it will change the reporting of its business segments....
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-changes-reporting-updates-volume-and-price-guidance_68760.html
March 20, 2015
Royal Dutch Shell and the United Steelworkers (USW; Pittsburgh) union reached a tentative agreement 12 March on a four-year labor agreement, but not all petrochemical plant or refinery...
http://www.chemweek.com/sections/business_finance/usa_americas/Some-sites-still-in-discussions-with-USW-following-Shell-settlement_68761.html
March 20, 2015
Wacker Chemie says that the construction of its $2-billion polysilicon plant at Charleston, TN, is in the “home straight” and will ramp up to full capacity in this year...
http://www.chemweek.com/sections/business_finance/usa_americas/Wacker-staying-the-course-on-US-polysilicon-investment_68762.html
March 20, 2015
Lanxess has reported substantially improved operating result and net income in 2014. It has also outlined restructuring measures for its synthetic rubber businsss, as part of a broader...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-to-close-EPDM-plant-realign-BR-operations_68724.html
March 20, 2015
Leading Europe-based companies are expected to benefit overall from lower oil prices and the weakening euro. However, cheaper raw materials and a more competitive currency are not...
http://www.chemweek.com/sections/business_finance/europe_mideast/Benefits-of-weak-euro-oil-slump-not-yet-fully-visible_68725.html
March 20, 2015
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, have established a previously announced joint venture for cathode active materials in Japan, BASF says....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Toda-Kogyo-launch-JV-for-cathode-active-materials_68726.html
March 20, 2015
Orica (Melbourne) says that it has completed the previously announced sale of the company’s chemicals business to private equity firm Blackstone for A$750 million ($571 million)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Orica-completes-sale-of-chemicals-business-to-Blackstone_68727.html
March 20, 2015
One Rock Capital (New York), a private equity firm affiliated with Mitsubishi Corp., has purchased a stake in Compass Chemical (Smyrna, GA), a maker of organophosphates. Terms of the...
http://www.chemweek.com/sections/business_finance/usa_americas/One-Rock-Capital-buys-stake-in-Compass-Chemical_68755.html
March 20, 2015
Albemarle has entered into discussions with its Mideast partner Ali & Sons Oilfield Supplies & Services (ASOS) to construct a manufacturing facility for fluidized catalytic...
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-plans-Mideast-FCC-plant-scales-back-mineral-FR_68756.html
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