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January 24, 2014
Novozymes (Bagsvaerd, Denmark) says it met or exceeded all of its financial targets in 2013 following a strong fourth quarter. Organic sales growth in 2013 was 7.0%, Ebit grew by 6.0%...
http://www.chemweek.com/sections/business_finance/europe_mideast/Novozymes-meets-targets-positive-on-2014-and-planned-BioAg-Alliance_58249.html
January 24, 2014
Sabic reports a 5.7% increase in fourth-quarter 2013 net profit, to 6.16 billion Saudi riyals ($1.64 billion)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-and-other-Saudi-firms-report-improved-earnings_58250.html
January 24, 2014
The European Commission says it has “adopted a recommendation aimed at ensuring that proper environmental and climate safeguards are in place for fracking....
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-Commission-recommends-safeguards-for-fracking_58251.html
January 24, 2014
Uralkali (Berezniki, Russia) says that its Uralkali Trading subsidiary has reached an agreement on potash deliveries to China in the first half of 2014 at $305/m.t. cfr. The price is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Uralkali-export-contract-to-China-confirms-slide-in-potash-prices_58252.html
January 22, 2014
The European Commission says it has "adopted a recommendation aimed at ensuring that proper environmental and climate safeguards are in place for fracking." The commission...
http://www.chemweek.com/sections/business_finance/europe_mideast/Shale-gas-in-Europe-Commission-recommends-minimum-principles_58175.html
January 17, 2014
The European Food Safety Authority (EFSA; Parma, Italy) has opened a public consultation on its draft assessment of the risks to human health posed by exposure to bisphenol A (BPA)...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-opens-public-consultation-on-bisphenol-A_58089.html
January 17, 2014
Foster Wheeler (Zug, Switzerland) has announced that, following a comprehensive review of strategic alternatives, it has provisionally agreed with AMEC (London) on nonbinding outline...
http://www.chemweek.com/sections/business_finance/europe_mideast/AMEC-signs-agreement-to-buy-Foster-Wheeler-for-$3-billion_58048.html
January 17, 2014
Kemira has appointed Jari Rosendal president and CEO, effective 1 May. Rosendal will succeed Wolfgang Büchele, who, as previously announced, will leave Kemira on 30 April to become president and CEO of Linde....
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-appoints-next-CEO-sells-distribution-assets-to-Brenntag_58049.html
January 17, 2014
AkzoNobel has reiterated that the company’s full-year 2013 operating income before incidental items is unlikely to exceed the €908 million ($1.2 billion) reported in 2012...
http://www.chemweek.com/sections/business_finance/europe_mideast/Akzo-keeps-2013-profit-forecast-Arkema-cuts-Ebitda-projection_58033.html
January 17, 2014
Oman Oil Co., which is owned by the government of Oman, says it has completed the previously announced acquisition of Oxea (Oberhausen, Germany) from private equity owner Advent...
http://www.chemweek.com/sections/business_finance/europe_mideast/Oman-Oil-completes-acquisition-of-Oxea_58034.html
January 17, 2014
Total says that it has acquired a 40% interest in two shale gas exploration licenses in the United Kingdom, making the company the first energy major to enter shale gas licenses in the country....
http://www.chemweek.com/sections/business_finance/europe_mideast/Total-to-drill-for-shale-gas-in-UK-after-incentives-widen_58035.html
January 15, 2014
AkzoNobel says that its full-year 2013 operating income before incidental items is unlikely to exceed the €908 million ($1.2 billion) reported in 2012. This has been AkzoNobel's...
http://www.chemweek.com/sections/business_finance/europe_mideast/AkzoNobel-Economic-environment-still-challenging-maintains-2013-operating-income-forecast_57799.html
January 15, 2014
The European Food Safety Authority (EFSA; Parma, Italy) has launched an open consultation on the draft scientific opinion on dietary reference values for iodine, at the request of the...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-opens-public-consultation-on-dietary-reference-values-for-iodine_57978.html
January 15, 2014
The European Chemicals Agency (ECHA; Helsinki) says that it has met its target for examining dossiers for the first registration period under the European Union's Registration...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-meets-5-percent-compliance-check-target-under-Reach-69-percent-of-evaluated-dossiers-noncompliant_57968.html
January 14, 2014
Sika (Baar, Switzerland) says its 2013 sales were 5.14 billion Swiss francs ($5.7 billion), compared with SF4.83 billion in 2012, an increase of 9.4% in local currencies. The company...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sika-reports-2013-sales-of-$5-7-billion-up-9-4-percent_57953.html
January 10, 2014
The business activities of insolvent polyvinyl chloride (PVC) producer Kem One SAS (Lyon, France) will be owned jointly by businessman Alain de Krassny and buyout firm OpenGate Capital (Los Angeles) following a decision by the Commercial Court of Lyon in December 2013....
http://www.chemweek.com/sections/business_finance/europe_mideast/Two-bidders-join-forces-to-acquire-PVC-maker-Kem-One_57894.html
January 10, 2014
Sibur (Moscow) says it has sold its 100% stake in the company’s Plastik (Uzlovaya, Russia) subsidiary to a group of private investors, for 575 million Russian rubles ($17.3...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-sells-Plastik-subsidiary-to-private-investors_57895.html
January 10, 2014
Borealis says it has formed a joint venture with First Energy Bank (Manama) to buy a 20.3% stake in Neochim (Dimitrovgrad, Bulgaria). The jv, Feboran, purchased the stake in December 2013....
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-acquires-stake-in-Bulgarian-fertilizer-producer-Neochim_57896.html
January 10, 2014
Uralkali (Berezniki, Russia), a leading producer of potash, has confirmed Dmitry Osipov as the company’s new CEO. Osipov replaces Vladislav Baumgertner, who is under house arrest in Moscow after being extradited from Belarus, where he has been charged by the authorities with abuse of power....
http://www.chemweek.com/sections/business_finance/europe_mideast/Uralkali-CEO-change-heightens-speculation-about-BPC-revival_57897.html
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