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April 27, 2012
Clamadieu: Double-digit growth. Solvay has outlined profitability targets for 2016 as part of the group’s planned transformation following the acquisition of Rhodia seven months...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-Sets-&euro3-Billion-Ebitda-Target-Post-Rhodia-Acquisition_42980.html
April 27, 2012
Sasol has entered into preliminary talks to divest its stake in Arya Sasol Polymers (Assaluyeh, Iran), an equally owned petrochemicals joint venture with Pars Petrochemical Co., a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sasol-Seeks-Exit-From-Petrochemicals-JV-in-Iran_42981.html
April 27, 2012
Polimeri Europa (Milan), the petrochemicals arm of energy company ENI (Rome), is changing its name to Versalis. Polimeri Europa SpA in Italy, as well as liaison offices in Russia and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Polimeri-Europa-Becomes-Versalis-Seeks-Market-Focus_43037.html
April 27, 2012
Merck KGaA (Darmstadt, Germany) has announced plans to close the Geneva headquarters of the company’s Merck Serono business as part of efficiency measures announced in February...
http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-KGaA-to-Close-Geneva-Site-Major-Job-Cuts-Planned_42979.html
April 20, 2012
nearing completion: Ethylene pipeline will improve reliability of supply. Ethylene Pipeline South (EPS), a previously announced infrastructure project in southern Germany that will...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ethylene-Pipeline-Onstream-in-Mid-Year-Costs-Escalate_42797.html
April 20, 2012
Ineos reported a significant improvement in trading in the first quarter of 2012 compared with the last three months of 2011 but profitability was lower compared with the year-earlier...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-Reports-Sequential-Profit-Improvement-in-the-First-Quarter_42798.html
April 20, 2012
BASF says it is increasing by 30% the production capacity at its ammonium bicarbonate and ammonium carbonate plant at the company’s Ludwigshafen complex. Ammonium bicarbonate is...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-to-Hike-Ammonium-Carbonate-at-Ludwigshafen_42796.html
April 20, 2012
Wijers: World renowned brands. AkzoNobel reported a major drop in net profits for the first quarter of this year, citing weaker end-markets and cost inflation. Net income from...
http://www.chemweek.com/sections/business_finance/europe_mideast/AkzoNobels-Profits-Decline-on-Weak-End-Markets_42811.html
April 20, 2012
Syngenta reported a 9% increase in sales in the first quarter of 2012 with volumes advancing by 5% and prices contributing 4%. Reported sales were 7% higher at $4.3 billion. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Syngentas-Sales-Rise-Integrated-Strategy-Driving-Performance_42812.html
April 6, 2012
Breuers: Above-average growth in Asia. Mandatory labeling of tires, which is being introduced worldwide, will spur big increases in demand for Lanxess’s high-performance grades...
http://www.chemweek.com/sections/business_finance/europe_mideast/-New-Tire-Laws-Will-Spur-Demand-for-High-Performance-Rubber_42516.html
April 6, 2012
Lanxess posted record results for 2011 and says it is approaching a previously announced medium-term annual Ebitda target of €1.4 billion ($1.9 billion) before exceptional items...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxesss-Ebitda-Advances-Toward-Medium-Term-Target&hellip-_42515.html
March 26, 2012
Wacker Chemie, during recent press briefings in Munich and Burghausen, Germany, detailed some of its ongoing R&D projects. Burghausen is the company’s largest production...
http://www.chemweek.com/sections/business_finance/europe_mideast/Wacker-R-and-D-Projects-Include-Silicon-Based-Anodes_42146.html
March 23, 2012
ENI (Rome) has announced a business plan for 2012-15, including a major overhaul of its chemicals activities, most of which are operated by the company’s Polimeri Europa (Milan)...
http://www.chemweek.com/sections/business_finance/europe_mideast/ENI-to-Restructure-Chemicals-Priolo-Site-to-be-Reconfigured_42155.html
March 23, 2012
Staudigl: Changing polysilicon environment. Wacker Chemie intends to boost its production capacity for polysilicon, which remains the driving force in the company’s growth...
http://www.chemweek.com/sections/business_finance/europe_mideast/Wackers-Polysilicon-Business-Grows-Despite-Challenges-_42145.html
March 23, 2012
Styrolution, the equally owned styrenics production joint venture between BASF and Ineos, has announced a program to streamline its operations in Europe and add capacity in emerging...
http://www.chemweek.com/sections/business_finance/europe_mideast/Styrolution-Streamlines-Ineos-Styrenics-Complex-to-Close_42225.html
March 16, 2012
Le Hénaff: A broader range of specialties. Arkema has reported the best annual results since the company’s spin-off from Total six years ago and reaffirmed its continuing...
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-Posts-Record-Results-Revises-Mid-Term-Targets_41990.html
March 16, 2012
Leading Europe-based companies announced weaker financial results for the fourth quarter of 2011. Sales and earnings growth was slower than in the first three quarters of the year due...
http://www.chemweek.com/sections/business_finance/europe_mideast/Economic-Slowdown-Impacts-Fourth-Quarter-Results_42049.html
March 16, 2012
BASF says it has acquired the polyethylene terephthalate (PET) foam business of B.C. Foam (Volpiano, Italy). The acquisition covers production facilities and intellectual property...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Acquires-PET-Foam-Business-from-Italian-Firm_42050.html
March 2, 2012
Tanaka: Potential business partnership. Mitsui Chemicals has agreed to license its toluene diisocyanate (TDI) and methylene di- para -phenylene isocyanate (MDI) technology to Sabic for...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mitsui-to-License-Technology-For-Sabic-Isocyanates-Project_41743.html
March 2, 2012
Garrett: Borouge contributes to profits. Borealis reported a big drop in fourth-quarter 2011 net profits and a slide in quarterly sales, but the company’s full-year results were...
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-Sees-Challenging-Year-Ahead-Outlines-2020-Vision_41742.html
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