IHS Chemical Week
EUROPE

LyondellBasell ends negotiations to sell French refinery

12:36 PM MDT | April 17, 2014 | Ian Young

LyondellBasell says it has ended discussions to sell its mothballed refinery at Berre, France, to petroleum trading firm Sotragem (Monaco), and that it will make the closure of the refinery permanent. Privately owned Sotragem's proposal to buy the Berre...


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German firm completes oleochemical additives expansion at Dutch site

Peter Greven (Bad Münstereifel, Germany), a producer of oleochemical additives, is starting up a production facility for metallic soaps at its Venlo, Netherlands site this month, the company announced. Peter Greven started construction of the facility in...

AkzoNobel's first-quarter net income up on lower financing costs

AkzoNobel registered €129 million ($178.3 million) in net income attributable to shareholders in the first quarter, up 45% year-on-year (YOY) mainly due to lower financing expenses. The result also reflects a positive volume and price-mix development in...

Sibur subsidiary completes PET expansion in eastern Russia

Polief (Blagoveshchensk, Russia), a subsidiary of Sibur (Moscow), has completed a polyethylene terephthalate (PET) expansion, increasing capacity from 140,000 m.t./year, to 210,000 m.t./year at Blagoveshchensk, eastern Russia, Sibur announced. Investment in...

LyondellBasell increases interim dividend, plans additional buybacks

LyondellBasell has increased its first-quarter interim dividend by 17% and announced plans to continue repurchasing shares....

Syngenta's first-quarter sales up 2%, to $4.7 billion

Syngenta had $4.7 billion in sales during the first quarter, according to the company's latest trading statement, released today. The figure represents a 2% increase from the same quarter the year before. The company has not disclosed Ebitda or net income...

Evonik announces leadership changes

Evonik Industries today announced leadership changes in some of the company’s businesses. Gregor Hetzke will head Evonik’s advanced intermediates business unit, effective 1 June. Hetzke succeeds Jan Van den Bergh, who has managed the unit since...

BASF to build specialty amines plant at Ludwigshafen

BASF says it is building a new, world-scale plant to produce specialty amines at Ludwigshafen. The facility, which will have a production capacity of 12,000 m.t./year, is expected to start production at the end of 2015. The product range of this flexible...

EU goes ahead with tariff cuts on imports from Ukraine

The European Union's foreign affairs council has adopted the European Commision's previously announced proposal to cut or eliminate temporarily EU tariffs on imports from Ukraine. The adoption follows the European Parliament's support for the measures...

Reports: Belarus extends potash export subsidy until year-end

Belarusan authorities have extended the country's zero export duty on potash until 31 December, according to local press reports. The duty, which previously was €75–85/m.t. ($104–118),  was initially reduced to zero for 1 September...

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