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November 9, 2012
Bayer reported a 17.8% fall in third-quarter net income, to €528 million ($682.2 million) on sales 11.5% higher, at €9.67 billion. Ebitda before special items improved 2.2%...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-confirms-outlook-acquires-nutrition-firm_47551.html
November 9, 2012
Most of the leading Europe-based chemical companies reported lower earnings in the third quarter of 2012 compared with the same period of last year, although sales generally held up...
http://www.chemweek.com/sections/business_finance/europe_mideast/Third-quarter-earnings-decline-in-Europe-on-weak-demand_47577.html
October 26, 2012
BASF reported a 21% drop in third-quarter net income, to €946 million ($1.23 billion), on sales 8% higher, at €19 billion. Earnings per share were €1.19, compared with...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-net-income-slides-no-chemicals-upturn-this-year_47236.html
October 26, 2012
Wacker-Chemie reported a major drop in its third-quarter net income due to “significant declines in sales and earnings” in its polysilicon division. The company, as a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-posts-drop-in-net-income-delays-US-polysilicon-project_47237.html
October 26, 2012
Nichols: Not expecting a quick economic recovery. Keijzer: Taking charge of performance coatings. AkzoNobel reported a net loss of €2.38 billion ($3.1 billion) in the third...
http://www.chemweek.com/sections/business_finance/europe_mideast/AkzoNobel-swings-to-a-net-loss-on-decorative-paints-charge_47273.html
October 26, 2012
SGL Group (Wiesbaden, Germany) says its third-quarter 2012 results will include a noncash write-down of approximately €55 million ($71.5 million) in the company’s...
http://www.chemweek.com/sections/business_finance/europe_mideast/SGLs-third-quarter-results-will-include-a-major-write-down_47274.html
October 12, 2012
Tessenderlo Group (Brussels) says it intends to sell its pharmaceutical ingredient subsidiaries Farchemia (Treviglio, Italy) and Calaire Chimie (Calais, France) to International...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-sells-pharma-ingredients-business_46898.html
October 12, 2012
Thoelke: Not much upside for Euro ethylene. Europe's olefins and derivatives industry must focus on adding value to its products, if it is to survive in a rapidly changing global...
http://www.chemweek.com/sections/business_finance/europe_mideast/EPCA-2012-Differentiation-is-key-to-Europes-survival-_46899.html
October 12, 2012
Crotty: Chemical firms must anticipate change. Tom Crotty, president of the European Petrochemical Association (EPCA) and group director of Ineos, delivered an opening presentation at...
http://www.chemweek.com/sections/business_finance/europe_mideast/-Talent-and-technology-will-drive-industry-innovation_46900.html
October 12, 2012
another joint venture: Konov (left) and Butstraen shake on the latest cooperation deal. Sibur and Solvay have signed an agreement to form an equally owned joint venture, RusPAV, to...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-and-Solvay-form-jv-to-produce-surfactants-in-Russia_46901.html
October 12, 2012
BASF and CSM (Diemen, Netherlands) say they will form an equally owned joint venture to produce biobased succinic acid. The news follows three years of research into the project and...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-CSM-to-produce-biosuccinic-acid-plan-commercial-unit_46902.html
October 12, 2012
Van Beurden: Project in Iraq makes a lot of sense. Shell Chemicals is advancing several petrochemical investment plans, including steam cracker projects in Qatar, China, and US. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-advances-cracker-projects-Iraq-agreement-inked_46897.html
October 12, 2012
Clariant has opened a second production unit for the company’s nonhalogenated Exolit OP flame retardant (FR) at Hürth-Knapsack, Germany. The new facility doubles capacity...
http://www.chemweek.com/sections/business_finance/europe_mideast/Clariant-ups-nonhalogenated-flame-retardant-capacity_46903.html
October 5, 2012
Kurt Bock, chairman of BASF, was elected as the new president of Cefic on 28 September 2012 at the Cefic annual meeting in London, confirming CW’ s exclusive report (CW, Sept...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-European-regulations-hinder-competitiveness_46670.html
October 5, 2012
PhosAgro (Moscow), a leading integrated phosphate fertilizer producer, has won a tender to acquire the Russian government’s 26.67% stake in OJSC Apatit (Murmansk, Russia), the...
http://www.chemweek.com/sections/business_finance/europe_mideast/PhosAgro-wins-tender-to-buy-phosphate-producer-Apatit_46671.html
October 5, 2012
Bayer CropScience, the second-largest agricultural chemicals player behind Syngenta, has unveiled growth plans for the next 5 years based on a €7-billion ($9 billion) investment...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-CropScience-expands-realigns-its-businesses_46662.html
October 5, 2012
Syngenta says it expects sales for its eight key crops to reach a combined $25 billion/year by the end of the decade, compared with a previous target of more than $22 billion/year. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Syngenta-upgrades-sales-targets-bids-to-buy-Devgen_46691.html
October 5, 2012
Total has announced a $15 billion–$20 billion asset-disposal program across its businesses in 2012–14. Chairman and CEO Christophe de Margerie announced the program and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Total-in-$20-billion-divestment-plan-restructures-refining-chemicals_46692.html
September 21, 2012
Europe’s chlor-alkali industry needs a letup in the pace of legislation, to avoid losing global market share, speakers told delegates at the annual general meeting of industry...
http://www.chemweek.com/sections/business_finance/europe_mideast/Chlor-Alkali-Sector-Under-Pressure_46398.html
September 21, 2012
Arkema, at an investor meeting held in Paris last week, provided updates on the progress of the company's transformation program, confirmed previously announced targets for 2016, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-Outlines-Growth-Plans-Splits-into-Three-Businesses_46399.html
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