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October 26, 2015
Kemira (Helsinki) has announced sales of €625.1 million ($704.2 million) in the third quarter of 2015 compared with sales of €541.5 million in third-quarter 2014, an increase...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-reports-double-digit-increases-in-sales-profit-in-third-quarter-update_74623.html
October 20, 2015
Composite materials supplier Gurit (Zurich) has reported sales of 269.2 million Swiss francs ($281.9 million) in the first nine months of 2014 compared with sales of SF250.7 million in...
http://www.chemweek.com/sections/business_finance/europe_mideast/Gurit-reports-sales-increase-to-$282-million-in-first-nine-months_74498.html
October 20, 2015
The European Environment Agency (EEA; Brussels) says in its Trends and projections in Europe in 2015 report that greenhouse gas (GHG) emissions in Europe fell by 23% in 1990–2014...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Union-headed-for-24-percent-lower-greenhouse-gas-emissions-by-2020_74497.html
October 20, 2015
Contract development and manufacturing organization Recipharm (Jordbro, Sweden) has announced that it is to acquire a majority stake in Nitin Lifesciences (Karnal, India). Nitin...
http://www.chemweek.com/sections/business_finance/europe_mideast/Recipharm-to-acquire-a-majority-stake-in-India-contract-manufacturer_74493.html
October 16, 2015
The trade association energy-intensive industries in Germany (EID; Berlin) has described the recently announced increase in the renewable energy law (EEG) levy for 2016 as “bad...
http://www.chemweek.com/sections/business_finance/europe_mideast/German-industry-criticizes-increase-in-levy-to-support-energy-transition_74444.html
October 9, 2015
The advent of shale gas and oil in North America has hugely benefited the world economy, in terms of energy supply and costs, says Daniel Yergin, vice chairman of IHS. Speaking at the European Petrochemical Association’s (EPCA) 49th annual meeting, held recently in Berlin, Yergin said, “The energy position of the globe looks much better” than it did only a few years ago....
http://www.chemweek.com/sections/business_finance/europe_mideast/EPCA-2015-Energy-has-entered-new-era-of-shale_74285.html
October 9, 2015
Euro Chlor (Brussels), Europe’s chlor-alkali industry association, held its annual general meeting in Brussels recently. Speakers updated delegates on the main issues facing the industry, notably the phaseout of mercury-cell chlor-alkali plants and the high cost of electricity in Europe. Electricity accounts for a major part of the cost of chlorine production....
http://www.chemweek.com/sections/business_finance/europe_mideast/Chlor-alkali-industry-faces-2017-mercury-switch-challenge_74270.html
October 1, 2015
The European Union’s competitiveness council, made up of Europe’s ministers of economic affairs, has held an informal debate, with the participation of representatives from...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-EU-ETS-reform-must-be-compatible-with-a-competitive-industry_74109.html
September 29, 2015
Germany’s federal state secretary, Jochen Flasbarth, has called for a strengthening of international efforts better protect people and the environment from the effects of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germany-says-sustainable-chemistry-is-more-than-safely-using-chemicals_74039.html
September 28, 2015
Lanxess, the world’s largest producer of synthetic rubber, has agreed with Saudi Aramco to establish a joint venture for Lanxess’s synthetic rubber business....
http://www.chemweek.com/sections/business_finance/europe_mideast/Aramco-will-be-Lanxesss-synthetic-rubber-JV-partner_73989.html
September 28, 2015
Bayer, after economically and legally separating Covestro (Leverkusen), formerly Bayer MaterialScience, is realigning its structure as a life science company. As of 1 January 2016, the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-reorganizes-new-board-members-appointed_73990.html
September 28, 2015
Covestro (Leverkusen), formerly Bayer MaterialScience, has scheduled its previously announced stock market flotation for the beginning of October. The company will offer, by way of a capital increase, between 70.4 million and 94.3 million new shares at an issue price between €26.50/share ($29.73) and €35.50/share....
http://www.chemweek.com/sections/business_finance/europe_mideast/Covestro-to-raise-&euro2-5-billion-from-IPO-to-repay-Bayer-debt_73991.html
October 7, 2015
Flavors and fragrances company Symrise (Holzminden, Germany) has opened a plant for cosmetic ingredients at its Holzminden site. The plant, which cost €15 million ($16.8 million)...
http://www.chemweek.com/sections/business_finance/europe_mideast/Symrise-completes-cosmetic-ingredients-plant-in-Germany_73919.html
September 23, 2015
Corbion Purac (Gorinchem, Netherlands) says it has strengthened its position in India with the acquisition of the lactic acid business of Malladi Specialties Ltd. (MSL; Chennai...
http://www.chemweek.com/sections/business_finance/europe_mideast/Corbion-Purac-acquires-Indian-lactic-acid-business_73843.html
September 23, 2015
Corbion (Gorinchem, Netherlands) has announced that chief technology officer (CTO) Sven Thormählen is leaving the company for personal reasons. Thormählen’s resignation...
http://www.chemweek.com/sections/business_finance/europe_mideast/Corbions-CTO-leaves_73842.html
September 24, 2015
The European Council, the institution of the heads of state or government of the EU member states, will create a market stability reserve (MSR) for the European Union Emissions...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-emissions-trading-market-stability-reserve-approved_73794.html
September 21, 2015
Flavors and fragrances company Symrise (Holzminden, Germany) says that it is acquiring Pinova Holdings (Brunswick, GA) for $397 million. The acquisition includes the operational...
http://www.chemweek.com/sections/business_finance/europe_mideast/Symrise-acquires-Pinova-Holdings_73796.html
September 14, 2015
Bayer intends to proceed with an initial public offering of Covestro (Leverkusen), a leading polymers company formerly known as Bayer MaterialScience....
http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-to-list-Covestro-in-Frankfurt-in-fourth-quarter_73548.html
September 14, 2015
Germany’s chemical industry association VCI (Frankfurt) has published the results of a study it commissioned into innovation in the chemical industry. The study,”Pave the...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-on-innovation-evolve-company-culture-reduce-bureaucracy-simplify-regulations_73637.html
September 11, 2015
Frutarom Industries (Herzliya, Israel), one of the world’s 10 largest flavors and specialty fine ingredients firms, has acquired a 79% share in Nutrafur (Alcantarilla, Spain)...
http://www.chemweek.com/sections/business_finance/europe_mideast/Frutarom-acquires-Nutrafur_73549.html
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