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January 11, 2013
Air Liquide has announced the conclusion of the company’s acquisition of BiotechMarine (Pontrieux, France) by Air Liquide’s health-care subsidiary Seppic. Financial details...
http://www.chemweek.com/sections/business_finance/europe_mideast/Air-Liquide-expands-its-health-care-line-with-BiotechMarine-acquisition_48855.html
January 11, 2013
Al Morished: Coatings industry will benefit. Saudi Kayan (Al Jubail, Saudi Arabia), Sadara Chemical (Al Jubail), and Saudi Acrylic Acid Co. (SAAC; Al Jubail) have signed an agreement...
http://www.chemweek.com/sections/business_finance/europe_mideast/Saudi-firms-create-jv-to-build-worlds-largest-butanol-plant_48856.html
January 11, 2013
Qatar has established a company that will maintain exclusive rights to purchase, market, distribute, and sell all specified regulated chemical and petrochemical products produced in...
http://www.chemweek.com/sections/business_finance/europe_mideast/Qatar-forms-entity-to-market-and-distribute-chemicals_48857.html
January 11, 2013
BASF has signed an agreement with Serafin Group (Munich) for the sale by BASF of the Conica Sports Surfaces business together with its site at Schaffhausen, Switzerland, to Serafin...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-divests-Conica-Sports-Surfaces-business-to-Serafin_48885.html
January 11, 2013
Invista says it has acquired a manufacturing facility at Born, Netherlands, previously operated by VSL Born (Born), which focuses on the compounding and recycling of nylon used in...
http://www.chemweek.com/sections/business_finance/europe_mideast/Invista-buys-compounding-site-secures-HMD-project-approval_48886.html
January 4, 2013
Elliott: Need to compete on the world stage. Crotty: Shale would secure sites and jobs. The announcement earlier this month by UK Energy and Climate Change Secretary Edward Davey that...
http://www.chemweek.com/sections/business_finance/europe_mideast/Industry-welcomes-UK-decision-to-resume-fracking_48561.html
January 4, 2013
Kemira has agreed to sell its food and pharmaceutical businesses, together with its acetate-based chemicals operation, to Niacet (Niagara Falls, NY). These businesses form part of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-sells-food-pharma-assets-to-Niacet-accelerates-one-off-charges_48560.html
December 20, 2012
van Haasteren: Many projects under way. Sabic is in the process of a thorough strategy review that will cover the company’s development plans through 2025, CW has learned. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabic-strategy-review-likely-to-boost-performance-chemicals_48588.html
December 14, 2012
Bock: Downturn weighs on chemical industry. Cefic has downgraded its 2012 projection for output of chemicals in the European Union and says that production will decline by even more...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-downgrades-2012-2013-EU-chemicals-output-forecasts_48311.html
December 14, 2012
Phosphate fertilizer producer PhosAgro (Moscow) says that, in the first quarter of 2013, it will cut output of diammonium phosphate (DAP) and monoammonium phosphate (MAP) by more than...
http://www.chemweek.com/sections/business_finance/europe_mideast/PhosAgro-to-cut-DAP-MAP-raise-NPK-NPS-production_48312.html
December 14, 2012
out of the blue: Releases of hazardous chemicals from Levi’s products and supply chain will end by 2020. Levi Strauss & Co. (Levi’s; San Francisco), the world’s...
http://www.chemweek.com/sections/business_finance/europe_mideast/Levis-to-eliminate-hazardous-chemicals-under-Greenpeace-plan_48352.html
December 14, 2012
Ineos says it has signed a letter of intent with TGE Gas Engineering (Bonn, Germany), to build an ethane tank and expand infrastructure at Ineos's Rafnes, Norway, production site. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ineos-plans-ethane-tank-in-Norway-enabling-US-imports_48353.html
December 14, 2012
National Petrochemical Co. (Petrochem; Riyadh) expects its newly commissioned petrochemicals complex, operated by Saudi Polymers at Al Jubail, Saudi Arabia, to stay off-line for longer...
http://www.chemweek.com/sections/business_finance/europe_mideast/Saudi-Polymers-complex-off-line-longer-than-expected_48354.html
December 14, 2012
Arkema says it has abandoned a €70-million ($90.5 million) project to increase capacity for the company’s Kynar polyvinylidene fluoride (PVDF) fluoropolymer at...
http://www.chemweek.com/sections/business_finance/europe_mideast/Arkema-cancels-PVDF-hike-in-France-after-worker-protests_48310.html
November 30, 2012
Heinz: Stronger position in omega-3 fatty acids. BASF says it will acquire Pronova BioPharma (Lysaker, Norway), a pioneer in the fields of researching, developing, and manufacturing...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-to-acquire-Pronova-BioPharma-for-$850-million_47992.html
November 30, 2012
Mitsubishi Rayon says it has completed the acquisition of TK Industries (Naila, Germany), a company that develops and manufactures carbon fiber–based multiaxial noncrimp fabric...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mitsubishi-Rayon-acquires-in-Germany_47993.html
November 30, 2012
Chemical production has declined in France in 2012 and will grow moderately in 2013, mainly because of the eurozone debt crisis, French chemical industry association UIC (Paris) says...
http://www.chemweek.com/sections/business_finance/europe_mideast/Output-declines-in-France-in-2012-slow-growth-next-year_47994.html
November 30, 2012
Third-quarter results posted by late-reporting European companies reflect the challenging economic conditions in the region. However, most firms managed to post increases in sales and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Late-reporting-firms-deliver-steady-third-quarter-results_48050.html
November 16, 2012
Borealis says it has reached an agreement to acquire DEXPlastomers (Heerlen, Netherlands), an equally owned joint venture between DSM and ExxonMobil Chemical. DEXPlastomers is a...
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-to-buy-DEXPlastomers-from-DSM-ExxonMobil_47772.html
November 16, 2012
Bayer provided details last week of its 2012 R&D budget, including the split of expenditures among the company’s three subgroups: Bayer HealthCare, Bayer CropScience, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-details-R-and-D-spending-names-innovation-projects_47769.html
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