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September 3, 2015
Paints and coatings company Tikkurila (Helsinki) has announced that it plans to eliminate up to 100 jobs. The company says that it will start statutory negotiations with all of its...
September 1, 2015
Flavors and fragrances manufacturer Givaudan (Vernier, Switzerland) says it has acquired 100% of the shares of Induchem Holding (Volketswil, Switzerland) and its subsidiaries...
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
August 31, 2015
Corbion (Gorinchem, Netherlands) and Perstorp (Perstorp, Sweden) have announced a lactide-caprolactone copolymer for hot melt adhesives. The new copolymer is the result of a long-term...
August 28, 2015
Borealis, Europe’s second-largest producer of polyolefins and a growing player in fertilizers, has announced second-quarter net profits more than doubled on the back of tight polyolefins supply and lower feedstock costs. Net profit in the quarter soared to €351 million ($397.7 million) from €143 million in the year-earlier period. Sales were down slightly, €2.04 billion compared with €2.09 billion....
August 28, 2015
Sasol (Johannesburg) says that it is not pursuing any prospects in Iran at this time. The company clarified its position on 24 August in response to reports quoting Abbas Sha’ri...
August 28, 2015
Evonik Industries has confirmed that it is looking to strengthen its performance materials business, which includes acrylic monomers and polymers, with options that could include forming partnerships or selling the business....
August 28, 2015
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, says that its board has approved a $1.32-billion buyback of up to 14% of the company’s shares...
August 26, 2015
EU chemical output grew by a mere 0.2% in the first six months of this year compared with the year-ago period, Cefic says in its latest Chemicals Trends Report. Sales in the period...
August 25, 2015
DSM has announced adjustments to its organizational and operating model, which it says have the objective of “creating a more agile, focused, and cost-efficient organization with...
August 25, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €955.4 million ($1.10 billion) in the first half of 2015 compared with sales of...
August 24, 2015
Composite materials supplier Gurit (Zurich) on Monday reported sales of 178 million Swiss francs ($187.9 million) in the first half of this year compared with SF167 million in the...
August 20, 2015
Production in Germany’s chemical-pharmaceutical industry rose by 1% in the first half of this year, but revenues fell as a result of falling prices and restrained demand in...
August 18, 2015
The average daily production of chlorine in Europe was 26,882 m.t. in June compared with 25,088 m.t. in the corresponding month in 2014, up 7.2% year-on-year (YOY), according to trade...
August 14, 2015
Germany’s chemical industry association VCI (Frankfurt) and the Federal Environment Ministry (BMUB) are collaborating in the development of new methods to measure the level of...
August 14, 2015
Most of the leading Europe-based chemical players posted higher earnings and sales in the second quarter, boosted by the weak euro. Companies grappled with feedstock volatility during...
August 14, 2015
Huntsman says that 19 people were injured when a nitrogen tank exploded at its white pigment factory at Uerdingen, Germany, at 2 pm local time on 5 August. Seven of the injured were...
August 14, 2015
Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp. (KPC), is at an advanced stage of a feasibility study for a petrochemicals and aromatics project that will be built alongside a new, 650,000-bbl/day refinery at Al Zour, Kuwait, PIC CEO Asaad Al Saad tells CW....
August 14, 2015
Quaker Chemical (Conshohocken, PA) says that it has acquired Verkol (Bera, Spain), a leading manufacturer and marketer of specialty grease and lubricants, for $40.1 million, including...
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
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