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March 2, 2012
Bayer says its fourth-quarter and full-year 2011 results, announced on February 28, were a success despite a challenging economic environment. The company also provided guidance for...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-Sees-Slow-Growth-Targets-Higher-Pharma-Rank_41692.html
February 21, 2012
The European Chemicals Agency (ECHA; Helsinki) has launched its Public Classification & Labelling Inventory, a key milestone in expanding access to data that industry has generated...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-Launches-Chemical-Inventory-under-Reach_41432.html
February 17, 2012
Europe-based chemical companies' fourth-quarter 2011 financial results reflect the global economic slowdown in the second half of last year. Petrochemical producers such as Total and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Weak-Demand-Costly-Raw-Materials-Weigh-on-Results_41439.html
February 10, 2012
China has lost an appeal against a World Trade Organization (WTO; Geneva) ruling that China’s practice of restricting exports of certain key raw materials violates international...
http://www.chemweek.com/sections/business_finance/europe_mideast/China-Loses-Appeal-Against-WTO-Raw-Material-Export-Ruling_41237.html
February 10, 2012
A. Schulman says it has reached an agreement to acquire Elian (Oyonnax, France) from polymers maker British Vita (London) for €48 million ($64 million) in cash. Elian is a leader...
http://www.chemweek.com/sections/business_finance/europe_mideast/A-Schulman-Strengthens-Position-in-Masterbatches-with-Acquisition_41226.html
February 10, 2012
Sibur (Moscow) has completed the sale of its tire business, Sibur-Russian Tyres (SRT), to a group of investors including Vadim Gurinov—former CEO of Russia’s largest tire...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-Completes-Divestment-of-Its-Tire-Business_41227.html
February 10, 2012
Syngenta reported a 14% increase in 2011 net income, to $1.6 billion on sales also up 14%, to $13.3 billion. Sales of crop protection products were 14% higher at $10.2 billion and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Syngentas-Net-Income-and-Sales-Rise-Benefiting-from-Integration_41243.html
January 27, 2012
Crotty: Ineos too big for major acquisitions. Ineos will have a greater focus on organic growth than on acquisitions in the future, group director Tom Crotty tells CW. “We have...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-Eyes-Organic-Growth-but-U-K-Cracker-Will-Close_40811.html
January 27, 2012
Bayer CropScience, one of the leading producers of agricultural chemicals, has affirmed its commitment to addressing the challenges posed by population growth; growing demand for food...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-Commits-to-Food-Security-Speeds-Phaseout-of-Old-Insecticides_40812.html
January 27, 2012
GPN, the fertilizer subsidiary of Total, has signed a contract to acquire BASF’s 50% stake in the companies’ PEC-Rhin fertilizer joint venture. GPN is exercising its...
http://www.chemweek.com/sections/business_finance/europe_mideast/Totals-GPN-Subsidiary-Signs-Deal-to-Buy-BASF-out-of-Fertilizer-JV_40824.html
January 27, 2012
Borgas: Led Lonza through Arch acquisition. Lonza has suddenly fired CEO Stefan Borgas following a series of weak financial results. The company announced plans last week to appoint a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lonza-Replaces-CEO-After-Decline-in-Earnings_40825.html
January 27, 2012
IDEA Soda Ash and Calcium Chloride (ISACC; Al Khobar, Saudi Arabia) has awarded a contract to Jacobs Engineering to provide engineering, procurement, and construction, and project...
http://www.chemweek.com/sections/business_finance/europe_mideast/Jacobs-Awarded-Contract-for-Saudi-Soda-Ash-Project_40826.html
January 20, 2012
Shell Chemicals is expected to be one of the partners in Sabic’s previously announced project to build an integrated polyurethanes (PU) complex in Saudi Arabia, CW has learned...
http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-Is-a-Likely-Partner-in-Sabics-Saudi-PU-Project_40597.html
January 20, 2012
De Cuyper: Offering greener option. Solvay and Air Liquide have agreed to create a global fluorine (F2) gas production joint venture to supply the electronics industry. The jv will...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-and-Air-Liquide-Form-Global-Fluorine-Gas-JV_40598.html
January 20, 2012
Sasol Germany (Hamburg) has agreed to sell its production site at Witten, Germany, and the associated oleochemicals business to Cremer Oleo (Hamburg). Approval by the relevant German...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sasol-to-Sell-One-of-Its-Production-Sites-in-Germany_40599.html
January 20, 2012
Toray Industries says it has purchased the shares it did not own in Société des Fibres de Carbone (Soficar; Abidos, France), a manufacturer and supplier of carbon fibers, from...
http://www.chemweek.com/sections/business_finance/europe_mideast/Toray-Buys-Arkema-out-of-Carbon-Fiber-Manufacturer_40600.html
January 6, 2012
Asahi Glass (Tokyo), Adeka Corp. (Tokyo), and Kaneka (Osaka) plan to exit their two joint ventures with Shin-Etsu Chemical and Mitsubishi Chemical that produce chlorine and caustic...
http://www.chemweek.com/sections/business_finance/europe_mideast/Asahi-Glass-Adeka-and-Kaneka-Exit-Chlor-Alkali-and-VCM-Ventures_40192.html
January 6, 2012
Total says it has signed an agreement with ExxonMobil Petroleum & Chemicals, under which ExxonMobil will transfer to Total its 35% stake in Fina Antwerp Olefins, a major producer...
http://www.chemweek.com/sections/business_finance/europe_mideast/Total-Buys-ExxonMobil-out-of-Fina-Antwerp-Olefins_40210.html
January 6, 2012
Evonik Industries says it will invest €500 million ($641 million) to construct a previously announced methionine complex at Jurong Island, Singapore. The project is Evonik’s...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-to-Invest-&euro500-Million-for-Methionine-Plant-in-Singapore_40193.html
January 6, 2012
Sibur (Moscow) has announced the sale of its fertilizer business in separate deals to Siberian Business Union (Kemerovo, Russia) and Uralchem (Moscow). The transactions form part of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-Divests-Fertilizer-Business_40211.html
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