IHS Chemical Week
EUROPE

Songwon signs deal with Sibur to supply additives used to produce polymers

1:29 PM MDT | October 24, 2014 | Deepti Ramesh

Songwon Industrial (Ulsan, South Korea) and its distributor United Trading System (UTS; Saint Petersburg, Russia) have signed a long-term cooperation agreement to supply Sibur (Moscow) with additives used in polymer production and processing at Sibur’s...


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FDA issues warning letter for Hikma Pharmaceuticals' plant in Portugal

Hikma Pharmaceuticals (London) says it received a warning letter from the FDA on Thursday concerning its plant in Portugal. This letter follows an inspection of the facility in March. FDA raises issues relating to investigations and environmental monitoring...

Siegfried API plant at Nantong receives operating approval

Siegfried (Zofingen, Switzerland), a producer of active pharmaceutical ingredients (APIs), pharma intermediates, and finished drugs, says that it has received operating approval from relevant authorities for phase one of the API production plant at its...

Uralkali confirms appointment of CFO

Potash producer Uralkali (Berezniki, Russia) says that its board of directors, in a meeting on 23 October, approved the appointment of Anton Vishanenko as CFO of Uralkali and a member of the company’s management board. Vishanenko succeeds Viktor...

VCI: 'Highly ambitious' climate targets will result in weaker growth, reduced competitiveness

Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly ambitious.” The target will particularly effect emissions trading, which...

P-xylene prices fall in Europe on the back of softer Asian prices, weaker energy markets

Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets. Naphtha spot prices have dropped more than $100/m.t. this month, according to...

European leaders set ambitious climate, energy targets for 2030

The European Council, the institution of the heads of state or government of the member states of the European Union, has agreed on the 2030 climate and energy policy framework for the European Union. The European Commission had proposed 2030 targets for EU...

Air Liquide's revenue boosted by growth in emerging markets

Air Liquide has reported that its third-quarter revenue was €3.8 billion ($4.81 billion), up 1% year-on-year (YOY) on a reported basis and 4.3% YOY on a comparable basis. Comparable growth excludes natural gas, currency, and significant M&A impacts...

BASF raises third-quarter sales and earnings, unlikely to achieve 2015 targets

BASF today reported a slight increase in third-quarter Ebitda to €2.52 billion ($3.19 billion) compared with €2.49 billion in the year-earlier quarter. Earnings before interest and tax (Ebit) before special items were 8.9% higher at €1.84...

Novozymes upgrades 2014 outlook, net profit grows 12% in the third quarter

Novozyme (Bagsvaerd, Denmark) reported a 12% increase in net profit during the third quarter, to 637 million Danish krone ($108.6 million) compared with DK568 million in the same quarter of 2013, according to the company's results released today...

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