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September 10, 2010
Sibur (Moscow) has announced two acquisitions that will expand the company’s polyolefins business. One of the deals has made the company the biggest producer of polypropylene (PP) in...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-Buys-Stake-in-PP-Maker-Acquires-Polyolefin-Processor_29371.html
September 10, 2010
The government-appointed commissars at Vinyls Italia (Porto Marghera, Italy), the troubled producer of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM), currently in special...
http://www.chemweek.com/sections/business_finance/europe_mideast/State-Issues-New-Invitation-to-Bid-for-Vinyls-Italia_29372.html
September 3, 2010
Austria, Germany, and the Netherlands have proposed that 11 more chemicals be classified as Substances of Very High Concern (SVHC) and become candidates for authorization under the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Eleven-More-Substances-Proposed-for-Reach-List_29220.html
September 3, 2010
BASF has applied for approval from the European Commission for the company’s second genetically modified (GM) starch potato, Amadea. “I hope that Amadea will be available to...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Seeks-Approval-for-Amadea-Its-Next-GM-Starch-Potato_29221.html
September 3, 2010
Givaudan says it will invest SF170 million ($165 million) to build a savory flavors production facility at Mako, Hungary to supply the “fast-growing” markets of Eastern Europe. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Givaudan-Plans-Flavors-Plant-In-Hungary-Closes-U-K-Site_29222.html
September 3, 2010
Sabic says it has signed a technology licensing and engineering deal with Lurgi for an oleochemicals complex at the Jubail, Saudi Arabia production site of Saudi Kayan Petrochemical, a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-to-Build-the-Mideasts-First-Oleochemicals-Plant_29223.html
August 20, 2010
Late-reporting European chemical companies posted higher second-quarter profits and sales mainly because of improved demand. Companies are, however, cautious about the rest of this...
http://www.chemweek.com/sections/business_finance/europe_mideast/Higher-Demand-Lifts-Profits-Producers-Warn-on-Second-Half_28890.html
August 20, 2010
The Competition Commission (Pretoria), South Africa’s antitrust regulator, has ruled that Sasol abused its dominant market position by overcharging local buyers of propylene and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sasol-Rejects-South-African-Allegations-of-Overpricing_28891.html
August 20, 2010
The European Commission has launched an investigation into the possible circumvention by U.S. biodiesel suppliers of European Union (EU) antidumping duties on biodiesel imports from...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-Probes-Possible-Evasion-by-U-S-Firms-of-Biodiesel-Duties_28926.html
August 6, 2010
Most European chemical makers reported higher second-quarter sales and earnings, attributed to the improved global economy and the benefits of prior internal cost-saving measures...
http://www.chemweek.com/sections/business_finance/europe_mideast/Stronger-Economy-Boosts-Profits-Caution-on-Second-Half_28594.html
August 6, 2010
Ineos is planning to expand its capital expenditure, which was slashed dramatically in the last few years as part of the company’s cost-containment drive. The move follows...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-Ups-Capex-Delays-Closure-of-U-K-Cracker_28595.html
July 23, 2010
OCI Fertilizer International, an Orascom Construction Industries (OCI; Cairo) subsidiary, has signed an agreement to acquire Micro Chemie (Rotterdam). Micro Chemie owns and operates...
http://www.chemweek.com/sections/business_finance/europe_mideast/Egyptian-Firm-Buys-Ammonia-Terminal-at-the-Port-of-Rotterdam_28253.html
July 23, 2010
Performance chemicals, the youngest of Sabic’s six strategic business units (SBU), is on course to grow revenue by a factor of 10 by 2015, CW has learned. The business generates...
http://www.chemweek.com/sections/business_finance/europe_mideast/Performance-Chemicals-Are-Key-to-Sabics-Diversification-Plans_28254.html
July 23, 2010
Evonik Industries is spinning off its carbon black operation and says it is examining three options for the business’s future: optimization of the unit as an independent operation; a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-Mulls-Sale-of-Carbon-Black-Business_28255.html
July 23, 2010
Private equity firm TowerBrook Capital Partners (London) is seeking a buyer for PolymerLatex (Marl, Germany). TowerBrook has been the owner of PolymerLatex, Europe’s second-largest...
http://www.chemweek.com/sections/business_finance/europe_mideast/TowerBrook-Capital-Partners-Seeks-Exit-from-PolymerLatex_28256.html
July 9, 2010
Polymers will play an important role in Sabic’s previously announced 2020 Vision strategy, which foresees the company tripling its total output of all products to 130 million...
http://www.chemweek.com/sections/business_finance/europe_mideast/Polymers-to-Play-an-Important-Role-in-Sabics-2020-Vision_27897.html
July 9, 2010
The European Commission has approved the acquisition by Total Petrochemicals of Polimeri Europa’s styrenic lines at Feluy, Belgium. “The Commission’s investigation...
http://www.chemweek.com/sections/business_finance/europe_mideast/Europe-Okays-Total-PS-Deal_27898.html
July 9, 2010
SolVin (Brussels) and Arkema have each bought back the minority cross-holdings in the companies’ vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) production joint ventures...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-and-Arkema-Disentangle-Vinyls-Joint-Ventures-in-France-and-Spain_27899.html
July 9, 2010
Speculation is mounting about which businesses BP will sell as part of a recently announced asset disposal program to strengthen financial liquidity following the oil spill in the Gulf...
http://www.chemweek.com/sections/business_finance/europe_mideast/BP-to-Target-Chemicals-in-Asset-Disposal-Plan_27900.html
June 25, 2010
Attendees at the Chemspec Europe show, held in Berlin earlier this month, were upbeat about the outlook for their businesses. Some companies report a successful 2009 despite the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Chemspec-Industry-Upbeat-About-Market-Outlook_27626.html
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