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June 21, 2013
Solvay plans to rationalize its European soda ash operations, to improve the business’s profitability....
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-to-restructure-soda-ash-business-in-Europe_52930.html
June 20, 2013
Emissions of nitrogen oxides (NOx), sulfur dioxide (SO2), and dust from electricity-generating large combustion plants (LCPs) in the European Union have fallen since 2004, the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Environment-Agency-reports-on-emissions-from-power-plants_52836.html
June 14, 2013
Evonik Industries has opened a composites project house, based primarily in Marl, Germany and with a branch in Darmstadt, Germany, the company says. The project house, which is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-launches-composites-project-house_52829.html
June 13, 2013
Evonik Industries has opened a technical center in Singapore for its comfort and insulation business line, the company says. The center is the business unit's fifth laboratory globally...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-opens-technical-service-center-in-Singapore_52816.html
June 13, 2013
Evonik Industries has opened an innovation center for products for the cosmetics industry at its site at Essen, Germany. The center cost nearly €17 million ($23 million) and will...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-opens-innovation-center-for-cosmetics-industry_52787.html
June 7, 2013
Solvay and Arkema have each completed the registration of chemical substances covered by the second tonnage band under Europe’s Registration, Evaluation, Authorisation, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Leading-companies-complete-second-Reach-registration-phase_52643.html
June 7, 2013
The European Chemicals Agency (ECHA; Helsinki) says that 2,923 more substances were registered by the second registration deadline of the European Union’s Registration...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-2923-more-chemicals-registered-by-Reach-deadline_52644.html
June 5, 2013
Biotech companies in Germany are anticipating a slight increase in sales this year. The positive prognosis was outlined in results of a survey conducted by the German biotechnology...
http://www.chemweek.com/sections/business_finance/europe_mideast/German-biotech-industry-anticipates-increase-in-sales_52573.html
May 31, 2013
Celanese plans to launch a sale process for its acetic anhydride plant at Roussillon, France, and its vinyl acetate monomer (VAM) plant at Tarragona, Spain. Celanese says it is...
http://www.chemweek.com/sections/business_finance/europe_mideast/Celanese-puts-acetyl-plants-in-France-Spain-up-for-sale_52444.html
May 31, 2013
Borealis reports a major drop in first-quarter net profit, to €61 million ($80 million) from €140 million in the year-earlier quarter, citing lower sales volumes and profits at the Borouge petrochemicals joint venture in Abu Dhabi as well as soft market conditions for polyolefins in Europe. Sales were 5% higher, at €1.98 billion. Borealis is owned 64% by International Petroleum Investment Co...
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealiss-profit-dips-and-Borouges-contribution-shrinks_52419.html
May 31, 2013
Solvay posted a 16% fall in first-quarter net income compared with the corresponding period of 2012, to €101 million ($131 million), on sales down 3%, to €3 billion...
http://www.chemweek.com/sections/business_finance/europe_mideast/Weak-demand-in-Europe-weighs-on-Solvays-first-quarter-results_52420.html
May 31, 2013
The French competition authority says it has fined Brenntag, Univar, Caldic (Rotterdam), and Solvadis (Frankfurt) a combined €79 million ($103 million) for “coordinating...
http://www.chemweek.com/sections/business_finance/europe_mideast/Brenntag-Univar-and-others-fined-for-fixing-prices-in-France_52443.html
May 31, 2013
Tessenderlo Group (Brussels) says it has sold Tessenderlo Partecipazioni (Milan), including its subsidiary Tessenderlo Italia (Milan), to International Chemical Investors Group (ICIG)...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-divests-assets-in-Italy-to-ICIG_52445.html
May 21, 2013
Kemira has announced several major restructuring measures and issued profitability and sales targets for 2016. The measures are in addition to the company’s Fit for Growth...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-plans-further-restructuring-announces-financial-targets-for-2016_52095.html
May 21, 2013
The central theme of the latest BASF research conference, held recently at Ludwigshafen, was “Chemistry powers energy: Renewable generation, safe storage, and efficient transport and use,” relying on chemistry as an enabler....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-R-and-D-conference-Chemistry-powers-energy_52094.html
May 21, 2013
Evonik Industries reports a 7% rise in first-quarter net profit, to €289 million ($373 million), on a 4% decline in sales, to €3.26 billion, due to the divestment of 2 small...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-raises-profit-and-confirms-2013-guidance-to-exit-real-estate_52089.html
May 21, 2013
Bayer MaterialScience says it is winding down its carbon nanotubes (CNT) program because “comprehensive commercialization” of the nanotechnology within Bayer’s core business lines is not expected in the foreseeable future....
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-MaterialScience-withdrawing-from-nanotech_52088.html
May 3, 2013
Leading European companies’ sales and earnings were under pressure in the first quarter of 2013, largely because of the challenging economic conditions in Europe and other parts...
http://www.chemweek.com/sections/business_finance/europe_mideast/Profits-stay-under-pressure-in-Europe-during-first-quarter_51737.html
May 3, 2013
Versalis (Milan), the chemicals business of ENI (Rome), has outlined a major transformation program that aims to shift the company’s portfolio from domination by commodities toward differentiated and green chemicals,...
http://www.chemweek.com/sections/business_finance/europe_mideast/Versalis-outlines-transformation-plan-mulls-import-of-US-gas_51739.html
April 26, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts....
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-restructures-in-Europe-cuts-more-than-1000-jobs-_51426.html
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