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Archives :: Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Displaying 1 - 12 of 1981 stories.
November 23, 2016
Brexit will potentially have a profound impact on the future of the United Kingdom’s chemical industry, from the way the country trades to the cost of raw materials and the availability of the skills base, according to speakers at a conference hosted recently in London, United Kingdom, by the Chemical Industries Association (CIA; London)....
November 23, 2016
The European Chemicals Agency (ECHA; Helsinki, Finland) has recommended that nine chemicals, already classified as substances of very high concern, be added to the list of substances...
November 23, 2016
Borealis (Vienna, Austria), a producer of polyolefins, reports third-quarter net profit rose 18%, to €304 million ($324 million), on 6% lower sales, €1.8 billion, and says 2016 will be another good year for the company. In an exclusive interview with CW, Mark Tonkens, chief financial officer (CFO), said lower polyolefin and fertilizer prices were responsible for the drop in sales. Polyolefin volumes were up, he says....
November 23, 2016
Sasol (Johannesburg, South Africa) has completed a propylene expansion project at Secunda, South Africa, and debottlenecked the company’s two existing polypropylene (PP) plants. An...
November 10, 2016
Late-reporting, Europe-based companies struggled against negative currency effects, caused by the strong euro, during the third quarter and posted declines in revenue for the...
November 10, 2016
BASF chairman Kurt Bock defended the company’s relatively cautious approach to M&A, particularly in the ag sector, at a press briefing held in London, United Kingdom, early in November. But Bock also says the company is willing to engage in large transactions under the right conditions....
November 3, 2016
Leading Europe-based companies battled currency headwinds, caused mainly by the strength of the euro, during the third quarter and report generally lower sales for the period. Weaker...
November 3, 2016
Leading Europe-based energy companies have reported mixed third-quarter results for their chemical businesses. Eni (Rome, Italy) says that adjusted operating profit at the group’s...
November 3, 2016
The cantonal court of Zug, Switzerland, has denied all requests by Schenker-Winkler Holding (SWH) to sell SWH’s shares in Sika (Baar, Switzerland) to Saint-Gobain (Paris, France). The Burkhard family, the controlling shareholder of Sika, holds its Sika shares through SWH....
October 27, 2016
The dwindling availability of advantaged ethane gas feedstock in Saudi Arabia has prompted SABIC to diversify its feedstock sources....
October 27, 2016
Investigators say a deadly explosion and subsequent fires at BASF’s Ludwigshafen, Germany, complex on 17 October occurred when maintenance workers accidentally cut through a pipeline containing raffinate. The ruptured pipeline is at the north harbor of the Ludwigshafen complex, on the Rhine River....
October 13, 2016
Sajid Javid: The government has been clear that using the resources that we have is part of the future of this country. Sajid Javid, UK secretary of state for communities and local...
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