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March 15, 2010
all three of Bayer’s businesses--Bayer HealthCare, Bayer CropScience, and Bayer Material Science (BMS)--are leaders in their own right and are core to Bayer, at least for the time...
http://www.chemweek.com/sections/business_finance/europe_mideast/New-Bayer-Chairman-Will-Review-Businesses-_25304.html
March 15, 2010
Bayer MaterialScience (BMS) dismisses recent press reports that it is to be bought by International Petroleum Investment Co. (IPIC; Abu Dhabi). BMS is, however, in discussions with...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-MaterialScience-Dismisses-Abu-Dhabi-Claim-Sees-Strong-Recovery_25305.html
March 15, 2010
BASF has put its leather and textile chemicals business up for sale, following a lengthy period of restructuring and seeking partnerships, CW has learned. The company does not disclose...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Puts-Leather-Unit-on-the-Block-Speculation-on-Next-CEO_25306.html
March 15, 2010
The positive market trends Arkema witnessed in the fourth quarter of 2009 are continuing in the first quarter of this year, with strong demand in Asia and some recovery in the U.S. but...
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-Outlines-Roadmap-for-Next-Five-Years_25307.html
March 15, 2010
Arkema is considering plans to establish production of acrylic latex in the emerging regions of Asia/Pacific or Latin America, following the company’s recent acquisition of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-Studies-Acrylic-Polymers-Production-in-Emerging-Markets_25308.html
March 1, 2010
Clariant says it will cease production of textile dyes and textile chemicals, as well as paper chemicals, at its Muttenz, Switzerland headquarters as part of a major restructuring of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Clariant-Downsizes-Swiss-Site-as-Part-of-Restructuring_25035.html
March 1, 2010
Fourth-quarter 2009 European chemical earnings were mixed, but most companies reported improved market conditions that started early last year. All companies warn, however, that the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Fourth-Quarter-Results-Improve-on-Higher-Volumes_25036.html
February 19, 2010
Innospec says it has set aside a total of $40.2 million to settle fines related to ongoing probes by U.S. and British authorities into whether the company violated federal securities...
http://www.chemweek.com/sections/business_finance/europe_mideast/Innospec-Allots-$40-2-Million-to-Settle-Bribery-Charges_24907.html
February 15, 2010
BASF says its research projects are aligned with global megatrends and aim to contribute toward solving “challenges of the future.” The company outlined its R&D plans...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Outlines-R-and-D-Strategy-Gets-Top-Research-Ranking&hellip_24749.html
February 15, 2010
BASF “is close to commercializing a couple of new dehydrogenation technologies,” says Rainer Diercks, former president/chemicals research and engineering at the company. Diercks...
http://www.chemweek.com/sections/business_finance/europe_mideast/-Advances-Dehydro-Technologies-Halts-Work-on-Syngas-to-Olefins-Process_24750.html
February 15, 2010
Songwon Industrial (Ulsan, Korea), the second-largest producer of polymer stabilizers after the former Ciba Specialty Chemicals, is looking at options to establish manufacturing...
http://www.chemweek.com/sections/business_finance/europe_mideast/Songwon-Mulls-Stabilizer-Manufacture-in-the-Mideast_24751.html
February 4, 2010
Altana reported “noticeably lower” 2009 sales and earnings because of the economic downturn. Earnings dropped 89%, to €11 million ($15.1 million), on sales down 12%...
http://www.chemweek.com/sections/business_finance/europe_mideast/Altanas-Results-are-Weighed-Down-by-the-Economy_24603.html
February 1, 2010
Lotte Chemical U.K., a subsidiary of KP Chemical (Seoul), has agreed to acquire the assets of Artenius U.K. from Deloitte LLP (London), Artenius’s administrators. The proposed deal...
http://www.chemweek.com/sections/business_finance/europe_mideast/Koreas-KP-Chemical-Steps-in-to-Rescue-U-K-PTA-PET-Business_24472.html
February 1, 2010
Spolchemie (Usti nad Labem, Czech Republic) says that the regional authorities of Usti nad Labem have granted the company an extension to a deadline for the company to replace its...
http://www.chemweek.com/sections/business_finance/europe_mideast/Authorities-Approve-Czech-Firms-Chlor-Alkali-Delay_24473.html
February 1, 2010
Zakłady Azotowe Puławy (ZAP; Puławy, Poland), the leading maker of fertilizers in Poland and one of the world’s leading producers of melamine, has made a conditional offer to PKN...
http://www.chemweek.com/sections/business_finance/europe_mideast/Polands-Puawy-Makes-Offer-to-Buy-Anwil-from-PKN-Orlen_24474.html
February 1, 2010
Wacker Chemie reported fourth-quarter 2009 Ebitda of €90 million ($127 million), down from €118.7 million for the period one year earlier. Corresponding sales for the quarter were...
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-Records-Lower-Quarterly-Profits-Reports-Full-Year-Loss_24475.html
January 25, 2010
The European Chemicals Agency (ECHA; Helsinki) says it has added 14 substances of very high concern (SVHC) to its candidate list. Chemicals placed on the candidate list must, under the...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-Adds-14-Substances-of-Very-High-Concern-to-Reach-Candidate-List_24294.html
January 25, 2010
The South African government, through the country’s Department for Trade and Industry, has issued a “request for proposals to investigate” the viability of constructing a...
http://www.chemweek.com/sections/business_finance/europe_mideast/South-Africa-Seeks-Polysilicon-Project_24295.html
January 25, 2010
Wacker Chemie has announced plans to consolidate its fumed silica production in Germany as part of previously reported improvement measures at the company’s Wacker Silicones...
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-Consolidates-Fumed-Silica-Production-in-Germany_24296.html
January 25, 2010
Civil engineering and trading company Ramco Trading & Contracting (Doha), currently in talks to buy polyvinyl chloride and vinyl chloride monomer producer Vinyls Italia (Porto...
http://www.chemweek.com/sections/business_finance/europe_mideast/Qatar-Engineering-Firm-to-Buy-ENI-Chlor-Alkali-Plants_24297.html
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