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August 23, 2013
Borealis reports a 26% drop in net profit in the second quarter, to €83 million ($110.7 million), on 6% higher sales, at €1.89 billion....
http://www.chemweek.com/sections/business_finance/europe_mideast/Borouge-and-fertilizers-to-transform-Borealiss-profitability_54659.html
August 23, 2013
Clariant and the National Industrialization Co. (Tasnee; Riyadh) say they have agreed to form a masterbatches production joint venture in Saudi Arabia. Tasnee’s wholly owned...
http://www.chemweek.com/sections/business_finance/europe_mideast/Clariant-Tasnee-form-masterbatch-JV-in-Saudi-Arabia-plan-new-plant_54660.html
August 23, 2013
Potash producer K+S (Kassel, Germany) reports a 29.4% drop in adjusted group earnings after taxes for the second quarter, to €105.9 million ($141 million), compared with €150.1 million in the same period last year. Adjusted group earnings were €296.1 million in the first half of the year, 13.6% down compared with the first half of 2012....
http://www.chemweek.com/sections/business_finance/europe_mideast/K+S-earnings-fall-potash-market-faces-uncertainty_54661.html
August 23, 2013
Lonza and Teva Pharmaceutical Industries say that, following a strategic review, they have decided to discontinue their collaboration for the development, manufacturing, and marketing...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lonza-and-Teva-discontinue-biosimilars-joint-venture_54662.html
August 22, 2013
Lehnkering Chemical Transport, part of logistics provider Lehnkering (Duisburg, Germany) has opened a business location in Hamburg, Germany, the company says. Equipment will be...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lehnkering-opens-facility-in-Hamburg_54639.html
August 9, 2013
Lanxess reports a 95% decline in second-quarter net income, to €9 million ($11.9 million), on sales down 12%, to €2.1 billion....
http://www.chemweek.com/sections/business_finance/europe_mideast/Lanxess-to-revise-strategy-after-sales-and-earnings-plummet_54351.html
August 9, 2013
Versalis, the chemicals arm of ENI (Rome), says it has signed a partnership agreement with Neville Venture (Pittsburgh) for the production of hydrocarbon resins at Versalis’s...
http://www.chemweek.com/sections/business_finance/europe_mideast/Versalis-enters-hydrocarbon-resins-and-signs-deal-with-Neville-Venture_54352.html
August 9, 2013
Henkel reports a 6.7% increase in second-quarter net profit, to €432 million ($577.2 million), on sales 2% higher, at €4.29 billion. Adjusted operating profit was up 8.2%, to...
http://www.chemweek.com/sections/business_finance/europe_mideast/Henkel-reports-higher-profits-sells-coatings-unit-to-Altana_54350.html
August 9, 2013
Most of the leading Europe-based chemical manufacturers report steep declines in earnings and sales for the second quarter as challenging conditions persist in European markets, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lower-earnings-reflect-harsh-economic-conditions_54372.html
July 29, 2013
The European Food Safety Authority (EFSA; Parma, Italy) says it has launched a public consultation on draft guidance regarding a methodology for pesticide degradation in soil or water...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-consults-on-pesticide-degradation-time_54009.html
July 26, 2013
Styron Europe (Horgen, Switzerland), a leader in the production of styrene butadiene (SB) latex, says it has reduced SB latex capacity for an indefinite period in Europe. Styron cut...
http://www.chemweek.com/sections/business_finance/europe_mideast/Styron-lowers-latex-capacity-on-declining-demand_52090.html
July 26, 2013
Styron Europe, a Styron subsidiary; and the Ravago Group (Arendonk, Belgium) have signed a definitive agreement, under which Styron’s expandable polystyrene (EPS) business will...
http://www.chemweek.com/sections/business_finance/europe_mideast/Styron-Europe-sells-EPS-business-to-Ravago-Group_53959.html
July 26, 2013
Syngenta, the leading global agricultural chemicals producer, has announced its first-half results and said it is on track to achieve sales of $25 billion in 2020, an increase of about 90% compared with 2012....
http://www.chemweek.com/sections/business_finance/europe_mideast/Syngenta-sales-rise-ups-investments-in-Switzerland_53960.html
July 26, 2013
The second-quarter results of early reporting chemical companies headquartered in Europe reflect stubbornly tough conditions in European markets and in other parts of the world. BASF...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tough-market-conditions-dent-results-for-the-second-quarter_53958.html
July 25, 2013
Scientific experts at the European Food Safety Authority (EFSA; Parma, Italy) have provisionally concluded that diet is the major source of exposure to bisphenol A (BPA) for all...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-says-diet-is-major-source-of-exposure-to-bisphenol-A-exposure-is-much-lower-than-previously-thought_53897.html
July 19, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has issued revised guidance for assessing the risks posed by pesticides to aquatic organisms, the authority says. The guidance...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-publishes-new-guidance-on-pesticides-and-aquatic-organisms_53769.html
July 18, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has launched a public consultation on its recently published methodology for identifying pesticides to be included in cumulative...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-launches-public-consultation-on-pesticides-methodology_53727.html
July 18, 2013
The European Chemicals Agency (ECHA; Helsinki) has published a chemical safety report/exposure scenario (CSR/ES) roadmap aimed at enhancing the quality of information in the exposure...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-and-stakeholders-aim-to-improve-chemical-safety-information_53704.html
July 16, 2013
The European Food Safety Authority (EFSA; Parma, Italy) says it has pioneered a new approach that paves the way for implementation of cumulative risk assessment, a technique that...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-develops-new-approach-for-cumulative-risk-assessment-of-pesticides_53663.html
July 15, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has published a review of international frameworks for assessing chemical mixtures. The report supports the rollout of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Mixtures-of-chemicals-EFSA-assesses-effects-on-human-health_53641.html
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