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ACC highlights recent conclusions on BPA: "FDA and EFSA assessments clearly state that BPA is safe"

9:31 AM MST | February 27, 2015 | Michael Ravenscroft

ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol A (BPA). The council says that it “believes that it is important to...


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Cefic: EU chemical growth "stagnant in 2014"

Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back to peak levels achieved in 2008, but were 5.3% below the peak level...

Mixed responses to reform of European emissions trading system

The European Union’s emissions trading system (EU ETS) allows businesses to purchase permits for carbon dioxide emissions. The current glut of allowances on the market has caused the price of permits to drop to €7–€8 ($8–9) per...

Sika reports record year 2014, sales grow 8% to $5.9 billion, Ebit leaps 21%

Sika (Baar, Switzerland), today reported that its sales rose to 5.57 billion Swiss francs ($5.9 billion) in full-year 2014, an increase of 13% in local currencies, or 8.3% in reporting currency, compared with the previous year. Sales reached record levels in...

Evonik signs distribution deal with MedPalett for natural berry extract

Evonik Industries says that it has signed a distribution agreement with MedPalett (Sandnes, Norway), a wholly owned subsidiary of life sciences company Biolink Group (Sandnes), under which Evonik will distribute Medpalett’s MP865, a nutritional...

BASF reports higher earnings on flat sales, will reduce capital expenditure this year

BASF today reported fourth-quarter sales of €18.0 billion ($20.2 billion) almost matching the previous year’s level of €18.1 billion. Earnings before interest and tax (Ebit) was 2.8% higher at €1.5 billion. The company reported...

Kemira board appointment

Kemira has appointed Esa-Matti Puputti executive v.p./operational excellence and a member of the Kemira board, effective May 2015. He will report to Kemira president and CEO Jari Rosendal. Puputti was until recently senior v.p./supply chain and sourcing at...

Solvay's net profit soars but functional polymers sales shrink

Solvay today reported net income of €158 million ($179.4 million) during the last quarter of 2014, up from €29 million one year earlier. Recurring Ebitda (Rebitda) was €414 million, up 10% year-on-year (YOY) from €375 million. Solvay...

Bayer reports improved results, will decide on either a spinoff or IPO of MaterialScience

Bayer today reported a 7.4% rise in 2014 net income to €3.43 billion ($3.89 billion) on 5.2% higher sales of €42.24 billion. Adjusted for currency and portfolio effects, sales grew by 7.2%.  All subgroups contributed to this increase, the...

Germany's chemical industry closes 2014 on weak note, production expected to grow 1.5% in 2015

The German chemical marked a year of ups and downs in 2014 with a weak quarter, chemical industry trade association VCI (Frankfurt) says in its latest summary. Sales for the full year were €193.2 billion ($220.0 billion), up 1.3% compared with full-year...

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