IHS Chemical Week

Regions :: Eastern Europe

Poland (121)

Hungary (87)

Czech republic (48)

Russia (573)


POLAND

Grupa Azoty reports lower sales and earnings, placed on Poland's strategic enterprises list
 Grupa Azoty (Tarnów), Poland’s leading chemical enterprise reports a major decline in second quarter net profit and Ebitda. Net profit fell to 86 million Polish zloty ($27.4 million) from Zl 360 million in the corresponding period of 2013...

Messer builds air separation plant in Poland
Messer (Bad Soden, Germany), the largest privately managed industrial gases company, said today that it will invest €30 million ($40 million) in a new air separation plant in Poland. The new unit will be built at Turek, in the special economic zone of...

PKN Orlen unveils strategy, may close money-losing Lithuania refinery
PKN Orlen (Płock, Poland) today announced its strategy for 2014–2017, which reflects the present macroeconomic conditions. The company will focus on securing a strong position on large and promising growth markets, strong customer-oriented approach...

BASF inaugurates mobile emissions catalysts plant in Poland
BASF has inaugurated its largest European production plant for mobile emission catalysts at Środa Śląska, a special economic zone near Wrocław, Poland, the company announced today. Construction at the 40,000–sq meter manufacturing facility started...

Synthos announces three petchem projects at Krakow
Synthos (Oświęcim, Poland) will invest 631.2 million zloty ($207.6 million) across three petrochemical projects at the Special Economic Zone (SEZ) of Krakow, Poland, the SEZ authority announced. The company will construct a styrene-butadiene rubber...

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HUNGARY

Reichhold to expand coating resins capacity in Turkey
Reichhold (Durham, NC) will expand its coating resin capacity in Turkey, the company has announced. The company says it will build a greenfield resin plant at the Arlansbey Organized Area at Kartepe Kocaeli, 90 kilometers from Istanbul, with capacity for...

Isochem sells Hungary subsidiary to US fine chemical firm
Custom synthesis firm Isochem (Paris) says it has sold its Framochem (Kazincbarcika, Hungary) subsidiary and its German sales office Isochem Deutschland to fine chemicals company VanDeMark Chemical (Lockport, NY). Financial terms of the transaction have not...

Oltchim's losses narrow on restructuring
State-owned chemical producer Oltchim (Râmnicu Vâlcea, Romania) reports losses of €12 million in the first quarter, 35% lower than the losses reported in the first quarter of last year. Oltchim's sales soared 65% year-on-year in the first...

TVK first-quarter sales rise by 3%, Ebitda leaps by 52%
Petrochemical producer TVK (Tiszaújváros, Hungary) says sales in first-quarter 2014 were 8.54 billion Hungarian forint ($38.6 million), compared with Ft5.63 billion in first-quarter 2013, an increase of 3% year-on-year (YOY). Ebitda in...

ENI sells refining and marketing business in Czech Republic, Slovakia, and Romania to MOL Group
ENI (Rome) announced today that it has signed deals to sell its shareholdings in refining and marketing activities in the Czech Republic, Slovakia, and Romania to MOL Group (Budapest). The deals include the sale of ENI’s 32.445% stake in Ceská...

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CZECH REPUBLIC

Unipetrol to buy ENI's stake in Czech refinery to secure petchem feedstocks
Unipetrol (Prague), a member of the Orlen Group (Plock, Poland) on 3 July exercised its pre-emptive right and accepted the offer from ENI International to acquire ENI’s 32.4% stake in Česká Rafinérská for €30 million ($40.8...

ENI sells refining and marketing business in Czech Republic, Slovakia, and Romania to MOL Group
ENI (Rome) announced today that it has signed deals to sell its shareholdings in refining and marketing activities in the Czech Republic, Slovakia, and Romania to MOL Group (Budapest). The deals include the sale of ENI’s 32.445% stake in Ceská...

Air Products supplies industrial gases to Asahi Glass facility in Czech Republic
Air Products says it recently installed an air separation unit at Teplice, Czech Republic, for AGC Glass Europe (Louvain-la-Neuve, Belgium), the world’s largest producer of flat glass and a subsidiary of Asahi Glass (Tokyo). The cryogenic Prism ON300...

Unipetrol reports improved earnings, petchems to benefit from most of investments
Unipetrol (Prague), a member of the Orlen Group (Plock, Poland), today reported an improvement in fourth-quarter profits  and said that the petrochemical segment has continued to be the key profit maker for the group. Unipetrol’s Ebitda in the...

Slovnaft secures €200-million syndicated loan from eight banks
Refining and petrochemicals company Slovnaft (Bratislava, Slovakia) has signed an agreement with eight banks to receive loans amounting to €200 million ($274.1 million), the company announced. The funds have not been earmarked for specific purposes and...

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RUSSIA

Uralchem subsidiary acquires Ventamonjaks
Uralchem (Moscow), a leading producer of nitrogen and phosphate fertilizers, has acquired a controlling stake in SIA Ventamonjaks, the largest liquid ammonia transhipment terminal in the Baltic Sea. It has an annual capacity of 1 million m.t./year and is...

PhosAgro outlines strategy, ups fertilizer sales, de-emphasizes Indian market
PhosAgro (Moscow), says that its board of directors today reviewed the company’s interim consolidated financial results for the first six months of the year and Andrey Guryev, gave an overview of performance following his first year as CEO. The company...

PhosAgro begins squeeze-out at subsidiary
PhosAgro (Moscow), Europe’s largest producer of phosphate fertilizers and the world’s largest producer of high-grade phosphate rock, has begun squeezing out all shares belonging to PhosAgro-Cherepovets minority shareholders. PhosAgro-Cherepovets...

EuroChem reports higher fertilizer sales, benefits from competitive gas prices
EuroChem (Moscow), Russia’s leading fertilizer producer and one of the largest global players, reports a 3% increase in second-quarter sales to 46.9 billion Russian ruble ($1.34 billion) but an 11% drop in Ebitda to ruble 11.2 billion. Quarterly sales...

PhosAgro awards urea plant contract to Chemoproject Nitrogen
PhosAgro(Moscow), a leading fertilizer producer, has signed a contract with Chemoproject Nitrogen for the design, engineering and procurement of equipment for a 500,000-m.t./year granular urea production unit at PhosAgro Cherepovets, in Vologda region...

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