IHS Chemical Week

Regions :: Eastern Europe

Poland (119)

Hungary (85)

Czech republic (48)

Russia (562)


POLAND

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...

Polish firm completes IPO
Polyols producer PCC Rokita (Brzeg Dolny, Poland) says it has completed an initial public offering that generated 98.3 million zloty. The offering raised Zl 52.4 million from the sale of newly issued shares and Zl 45.9 million from the sale of existing shares...

Syngenta to acquire Lantmännen's businesses in Germany and Poland
Syngenta announced today an agreement to acquire the German and Polish winter wheat and winter oilseed rape (WOSR) breeding and business operations of Lantmännen (Stockholm), the Swedish food, energy, and agriculture group. Syngenta will gain access to...

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HUNGARY

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...

Petkim reports twelve-fold increase in net income
Petkim (Aliağa, Turkey) has reported net income of 37 million Turkish Lira ($17.5 million) for the first quarter of 2014, up almost twelve-fold on a year-on-year (YOY) basis. Ebitda was TL81 million and revenue amounted to TL1.2 billion in the first quarter...

ThyssenKrupp to supply fertilizer plant to Hungary
ThyssenKrupp's industrial solutions segment announced today that it has been awarded a fertilizer plant contract by Nitrogénmüvek, a Hungarian producer of fertilizers. The contractor will deliver a granulation plant with a capacity of 1,550...

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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

PhosAgro reports higher production on strong fertilizer demand
PhosAgro (Moscow), a leading fertilizer producer, says production and sales in the first half of this year rose 3.4% and 3.9%, respectively. Production reached 3.08 million m.t. and sales 3.08 million m.t. The production of phosphate fertilizers increased...

Former Yara executive to join EuroChem management board
EuroChem (Moscow), a top-10 fertilizer company globally, has announced the appointment of Terje Bakken as head/marketing and sales. Bakken will report to EuroChem CEO Dmitry Strezhnev and join EuroChem's management board. Bakken, based at Moscow, will lead...

Nizhnekamsk starts producing new PP grade
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading producer of petrochemicals, announced today that it has started producing a new grade of polypropylene (PP) as part of an import-substitution program.  The new PP grade is a random copolymer of...

EuroChem begins producing phosphate ore in Kazakhstan, plans fertilizer complex
EuroChem (Moscow), Russia’s largest fertilizer company and among the top 10 global players, today announced the launch of phosphate ore production at the Kok-Jon phosphate rock deposit in the Jambyl region of Kazakhstan. The project has already produced...

IHS Chemical: Prolonged disruption to Ukraine's ammonia, urea production likely to cause higher prices
Urea and ammonia prices have not yet been impacted by production outages in Ukraine caused by disruptions to natural gas feedstock supplies from Russia, resulting from the ongoing conflict in Ukraine, IHS Chemical says. This is due to increased Chinese...

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