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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
September 14, 2012
Technip (Paris) has completed the previously reported acquisition of Stone & Webster’s process technologies business and associated oil and gas engineering capabilities from...
http://www.chemweek.com/sections/business_finance/europe_mideast/Technip-Finalizes-Stone-and-Webster-Acquisition-Creates-New-Unit_46210.html
September 14, 2012
Dynea Nederland Holding (Groningen, Netherlands) has sold its Dynea BV subsidiary to ChemCom Investments (Groningen), a legal entity formed by former and current members of the Dynea...
http://www.chemweek.com/sections/business_finance/europe_mideast/Dynea-Sells-Dutch-Unit-to-Management_46208.html
September 14, 2012
Merck KGaA (Darmstadt, Germany) has signed an agreement with employee representatives covering a previously announced efficiency plan for the company’s operations in Germany. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Merck-KGaA-Details-Job-Cuts-and-Site-Closures-Invests-&euro250-Million_46209.html
September 14, 2012
Bock: BASF is outgrowing the auto supply market. Smith: Chemistry is an enabler of sustainability. BASF is seeking to increase its exposure in the automotive industry and rapidly...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Sharpens-Focus-on-Automotive-Sector_46282.html
September 14, 2012
The European Chemicals Agency (ECHA; Helsinki) has launched a public consultation on 54 potential substances of very high concern (SVHC). The 54 chemicals, if they are identified as...
http://www.chemweek.com/sections/business_finance/europe_mideast/Additional-Chemicals-Are-Proposed-For-Reach-Candidate-List_46283.html
August 31, 2012
Kamieth: Construction paints are noncore to BASF. BASF says it has agreed to sell its decorative paints business in Germany and France to Prosol Lacke + Farben (Aschaffenburg...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-Sells-Decorative-Paints-Business-in-Germany-France_45945.html
August 31, 2012
Borgas: In the process of relocating to Israel. Fertilizer and specialty chemicals company Israel Chemicals (ICL; Tel Aviv) says its board has appointed former Lonza CEO Stefan Borgas...
http://www.chemweek.com/sections/business_finance/europe_mideast/ICL-Appoints-Stefan-Borgas-as-New-President-and-CEO_45946.html
August 31, 2012
Tessenderlo Group (Brussels) says it intends to divest its profiles activities in continental Europe to OpenGate Capital (Los Angeles), a global private investment firm. The activities...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-Group-Divests-Some-Operations-Posts-Losses_45947.html
August 20, 2012
More Europe-based chemical companies reported lower second-quarter profits and, in some cases, losses, reflecting the economic challenges faced by the region and the rest of the world...
http://www.chemweek.com/sections/business_finance/europe_mideast/Economic-Gloom-Weighs-On-Sales-and-Earnings_45674.html
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