IHS Chemical Week

Regions :: Eastern Europe

Poland (122)

Hungary (87)

Czech republic (48)

Russia (578)


POLAND

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...

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...

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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 reports major drop in sales and earnings in first six months
Uralchem (Moscow), one of the largest nitrogen fertilizer producers in Russia, today reported a major drop in earnings and revenues in the first six months of this year. Adjusted Ebitda reached 11.57 billion Russian rubles ($309.2 million), 17% down on the...

Uralkali reports lower profits on higher sales as potash markets stabilize
Uralkali (Berezniki, Russia), a leading global producer of potash, today reported a 7% drop in net profit in the first six months of the year to $370 million on 7% higher revenue of $1.73 billion. Ebitda was down 12% year-on-year (YOY) to $767 million and...

Russian rail firm provides PE transport services to pipe plant
Russian Railways Logistics (RRL; Moscow), a subsidiary of RZD Holding (Moscow), has established a cooperation agreement with Chelyabinsk Pipe-Rolling Plant (Chelpipe; Moscow) covering the delivery of imported polyethylene (PE) to the plant, RRL says. RRL...

Chinese engineering firm awarded PVC plant contract in Uzbekistan
China CAMS Engineering, (Beijing), a subsidiary of China National Machinery Industry Corp., has been awarded a contract to build a petrochemical complex for Navoiazot (Navoi, Uzbekistan). Navoiazot forms part of Uzkimyosanoat (Tashkent, Uzbekistan). The...

PhosAgro results benefit from strong global fertilizer demand
PhosAgro (Moscow), a fertilizer major, today reported net profit increased 70% in the first six months of the year, to 8.1 billion Russian rubles ($231 million), on 6% higher sales of R56.7 billion. Ebitda was 17% higher, at R16.2 billion, and Ebitda margin...

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