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November 7, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says its net sales in third-quarter 2014 were 94.9 billion forint ($381 million) compared with Ft101.8 billion...
http://www.chemweek.com/sections/business_finance/europe_mideast/TVKs-third-quarter-operating-profit-leaps-53-percent-on-sales-down-6-8-percent_65219.html
November 7, 2014
Evonik Industries has announced the management boards of its future legal entities, part of its new structure. The new entities are Evonik Nutrition & Care, Evonik Resource...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-names-management-boards-of-its-new-legal-entities_65226.html
November 6, 2014
Paints and coatings company Tikkurila (Helsinki) says its revenue in the third quarter was €179.6 million ($224.8 million), a decrease of 5.3% compared with sales of €189.6...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tikkurila-sales-Ebit-fall-in-third-quarter-2014-market-continues-to-be-challenging_65179.html
November 6, 2014
Members of the European Parliament (MEP) have reiterated the pledge by the European Union and its member states to step up contributions to the United Nations Green Climate Fund, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-members-of-parliament-call-for-more-support-in-fight-against-climate-change_65190.html
November 6, 2014
Perstorp (Perstorp, Sweden) says it is stepping up its investment into the fast growing bioplastics market. The investments include a pilot plant at Warrington (UK), which is already...
http://www.chemweek.com/sections/business_finance/europe_mideast/Perstorp-to-increase-investment-in-bioplastics_65187.html
November 6, 2014
Labor in the German chemical industry has become significantly more expensive in the last few years, chemical employers association BAVC (Wiesbaden) says. Labor cost is an important...
http://www.chemweek.com/sections/business_finance/europe_mideast/Labor-cost-in-Germanys-chemical-industry-rises-competitiveness-suffers_65186.html
November 6, 2014
Perstorp (Perstorp, Sweden) has announced sales of 2.84 billion Swedish krona ($383 million) in the third quarter, up from SK2.65 billion in the corresponding period in 2013, or 7.1%...
http://www.chemweek.com/sections/business_finance/europe_mideast/Perstorp-third-quarter-sales-increase-by-7-percent-profitability-sees-double-digit-jump_65185.html
November 5, 2014
The European Chemicals Agency (ECHA; Helsinki) has prepared a draft update of the community rolling action plan (CoRAP). The plan contains 134 substances. It is proposed that these...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-proposes-updated-CoRAP-for-evaluation-of-134-substances-under-Reach_65137.html
November 5, 2014
Momfluorothrin and 5-chloro-2-methylisothiazol-3(2H)-one (CMIT) have been added to the registry of intentions (RoI) under the harmonised classification and labelling (CLH) regulation...
http://www.chemweek.com/sections/business_finance/europe_mideast/Momfluorothrin-CMIT-added-to-registry-of-intentions-under-CLH_65136.html
November 4, 2014
PlasticsEurope (Brussels) and the European Plastics Converters Association (EuPC; Brussels) have published a “Manifesto on the Competitiveness of the Plastics Industry,” on...
http://www.chemweek.com/sections/business_finance/europe_mideast/PolyTalk-2014-How-to-make-the-European-industrial-renaissance-a-reality_65102.html
November 4, 2014
SGL Group (Wiesbaden, Germany) today announced further streamline of its business organization, as part of a cost savings plan. The company says that it is reducing the number of...
http://www.chemweek.com/sections/business_finance/europe_mideast/SGL-reduces-business-units-from-five-to-three_65099.html
October 31, 2014
BASF says its BASF Venture Capital subsidiary has invested $1.5 million in SLIPS Technolgies (Cambridge, MA), part of a $3 million series A financing. Swiss entrepreneur and private...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-invests-$1-5-million-in-SLIPS-Technologies-signs-joint-development-agreement_64890.html
October 31, 2014
BASF will not achieve its ambitious financial targets for 2015 of €80 billion ($101.6 billion) in sales and €14 billion in Ebitda because growth rates for GDP, as well as for industrial and chemical production in 2010–15, will be lower than originally expected....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-lowers-2015-targets-in-challenging-environment_64941.html
October 31, 2014
Ineos is bidding for more shale gas licenses in the United Kingdom in addition to the two licenses the company has acquired to explore for shale gas in the country, says Tom Crotty, group director at Ineos....
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-ups-the-ante-on-UK-shale-gas-exploration_64942.html
October 31, 2014
The European Council, the institution of the heads of states and governments of the member states of the European Union, has agreed on a 2030 climate and energy policy framework....
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-leaders-set-ambitious-climate-energy-goals-for-2030_64943.html
October 30, 2014
Tessenderlo Group (Brussels) says it sales in the third quarter 2014 were €338.7 million ($431 million), compared with €415.1 million for the corresponding period a year ago...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-increases-sales-and-profit-in-third-quarter_64940.html
October 30, 2014
Sika (Baar, Switzerland) says it has achieved sales growth of 11.7% in the third quarter of 2014. All regions reported double‚Äźdigit sales increases in local currency, the company...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sika-sales-grow-11-7-percent-in-third-quarter-with-an-above-average-rise-in-net-profit_64939.html
October 30, 2014
Cosmetic products in which the final formulation, ingredients in a final formulation, or a finished product, have been subject to animal testing may not be placed on the market...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-ECHA-clarify-testing-requirements-of-Reach-cosmetics-regulation_64951.html
October 29, 2014
Karlsruhe Institute of Technology (KIT; Karlsruhe, Germany) and Deutsche Nanoschicht (Rheinbach, Germany) have announced that they are to establish joint laboratory at KIT's Institute...
http://www.chemweek.com/sections/business_finance/europe_mideast/KIT-Deutsche-Nanoschicht-establish-joint-laboratory-for-superconducting-thin-films_64885.html
October 28, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened public consultations on dichlofluanid and salicylic acid under the harmonised classification and labelling (CLH) regulation...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultation-on-dichlofluanid-and-salicylic-acid-under-CLH_64858.html
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