IHS Chemical Week

Regions :: Eastern Europe

Poland (123)

Hungary (87)

Czech republic (49)

Russia (587)


POLAND

Uhde Inventa-Fischer completes revamp of Indorama's PET plant in Poland
Uhde Inventa-Fischer, a unit of ThyssenKrupp Industrial Solutions, said today that it has completed the revamp of a polyethylene terephthalate (PET) bottle resins plant for Indorama Ventures' business at Włocławek, Poland. The capacity of the...

PKN Orlen builds on-purpose propylene plant in Poland
PKN Orlen, Poland’s largest petrochemicals player, today announced that it will built an on-purpose propylene production facility at its Plock manufacturing complex. The company awarded the license and engineering design contract to CB&I.   The...

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...

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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

Mercachem to acquire Synthon’s API operations at Prague
Mercachem (Nijmegen, Netherlands) says that it has agreed to acquire pharmaceutical company Synthon’s (Nijmegen) Prague-based laboratory and pilot scale operations for the manufacturing of active pharmaceutical ingredients (API). Financial details of...

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...

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RUSSIA

Sibur will seek partners for petchems project in Russia's Far East
Sibur (Moscow), Russia’s largest petrochemicals player, last week signed a cooperation agreement with the government of the Amur region, in Russia's Far East, covering a proposed investment and other programs, including a previously announced...

RusVinyl commissions €1.4-billion integrated PVC complex in Russia
GRAND OPENING: President Vladimir Putin at RusVinyl's inauguration today. RusVinyl (Kstovo, Russia)—an equally owned joint venture between Sibur (Moscow), Russia's largest petrochemical company, and SolVin (Brussels)—today inaugurated a...

Investment firm CIS Acquisition to acquire China's Delta Technology Holdings
CIS Acquisition (Moscow), a publicly traded investment vehicle, says it is acquiring a majority stake in Delta Technology Holdings (Hong Kong), a fine and specialty chemicals maker with assets in China, in an all-stock deal. CIS will issue 4.56 million shares...

PhosAgro appoints new board member
PhosAgro (Moscow), a leading integrated phosphate fertilizer producer, announced today the election of Jim Rogers to its board of directors. Rogers cofounded Quantum Fund and owns Rogers Holdings. He becomes an independent, nonexecutive director of PhosAgro...

Russian firm plans export-oriented methanol complex in Leningrad region
The Baltic Gas Chemical Co. has concluded preliminary geological investigations at a site in the Leningrad region of Russia, where it plans to build an export-oriented methanol manufacturing complex, local reports say. The 55-hectare site is situated in the...

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