IHS Chemical Week

Regions :: Western Europe

U.K. (1099)

Sweden (195)

Finland (255)

Denmark (151)

Netherlands (681)

Belgium (726)

Germany (2192)

France (800)

Spain (194)

Italy (316)

Switzerland (552)

Austria (145)


U.K.

Greenenergy acquires biodiesel manufacturing facility in UK
Greenergy (London) has acquired Harvest Biofuels' (London) biodiesel manufacturing facility at Seal Sands in the Teesside region of the United Kingdom. The acquisition of Harvest's manufacturing assets gives Greenergy additional biodiesel production capacity...

Shell to curtail spending by $15 billion over next three years, chemical earnings slide on Moerdijk shutdowns
Royal Dutch Shell says that it is curtailing its group-wide investment by $15.0 billion over the next three years because of falling oil prices. Organic investment is expected to be lower in 2015 than last year, the company announced today with the release of...

UK industry association urges start to fracking following parliament vote
The Chemical Industries Association (CIA; London) has restated its support for fracking for shale gas in the United Kingdom as a potential activity of major economic importance for the country and a way to protect jobs in a safe way that does not damage the...

EU conditionally approves GSK-Novartis deals
The European Commission said on Wednesday that it has cleared both GlaxoSmithKline's (GSK) proposed acquisition of Novartis's vaccines business and the proposed creation of an entity combining the consumer health activities of GSK and Novartis. The...

Stolt-Nielsen posts fourth-quarter profit decline, lower fuel costs to boost earnings this year
Stolt-Nielsen says its fourth-quarter 2014 net profit attributable to shareholders plunged to $13 million from $35 million in the corresponding quarter of 2013, on revenue of $532 million, up year-on-year (YOY) from $524 million. Stolt says that, excluding...

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SWEDEN

EU conditionally approves GSK-Novartis deals
The European Commission said on Wednesday that it has cleared both GlaxoSmithKline's (GSK) proposed acquisition of Novartis's vaccines business and the proposed creation of an entity combining the consumer health activities of GSK and Novartis. The...

Yara awards EPCM services assignment to Finnish firm for fertilizer expansion
Pöyry (Vantaa, Finland) says that it has been awarded an engineering, procurement, and construction management (EPCM) services assignment by Yara International for a previously announced fertilizer capacity expansion at Porsgrunn, Norway. Pöyry's...

First large biogas demonstration plant goes onstream in Sweden
Göteborg Energi, one of Sweden’s leading energy companies, has announced that its Gothenburg Biomass Gasification Project (GoBiGas), the world’s first large-scale demonstration plant for producing biogas through the gasification of biofuels...

Clariant acquires Swedish deicing firm Aerochem
Clariant announced today that it has acquired privately owned deicing specialist Aerochem (Stockholm). Aerochem is a leading supplier of deicing fluids to the aviation and railway industries in Sweden, Norway, and Denmark. The company reports average sales of...

New law widens opportunity for cultivation of GM crops in Europe
The European Union will devolve to its 28 individual member states the power to authorize the cultivation of genetically modified (GM) crops, allowing national governments to either approve new GM crops or ban them on nonscientific grounds. The move is likely...

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FINLAND

Evonik invests in nanophotonics company in Finland
Evonik Industries says that it has invested in Nanocomp (Lehmo, Finland) and now holds a minority stake in the company. Nanocomp is a privately held company established in 1997 and focuses on manufacturing micro- and nanophotonic products for consumer...

Kemira relocates global oil and mining headquarters to Houston
Kemira says that it has relocated its global oil and mining headquarters from Helsinki to Houston. In addition to the new office, Kemira is opening a technical service laboratory close to the Houston headquarters. The lab will be completed and fully staffed...

UPM starts commercial production of wood-based biodiesel at site in Finland
UPM's (Helsinki) biorefinery at Lappeenranta, Finland, has commenced commercially producing wood-based renewable diesel. The biorefinery is based on a hydrotreatment process developed by UPM and produces approximately 120 million liters/year of renewable...

Kemira head/paper and Asia leaves
Kemira says that Petri Helsky, president/paper business and Asia/Pacific will leave Kemira to join Metsä Tissue (Espoo, Finland) as CEO. Helsky will continue in his current position and as a member of Kemira's management board latest until the end of...

Borealis appeals €282-million Finnish tax bill
Borealis is appealing a decision issued by the Finnish tax authority requesting the company to pay €281.7 million ($335.9 million) on behalf of a subsidiary regarding the year 2008. The sum, due following a tax authority reassessment, comprises taxes...

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DENMARK

Haldor Topsoe and FLSmidth join forces to market catalytic filter bag technology
Haldor Topsoe and FLSmidth (Copenhagen), a supplier of equipment and services to the cement and minerals industries, have signed a cooperation agreement for a joined, global effort to commercialize a newly developed catalytic filter bag technology. The...

Novozymes updates financial targets for 2015–20, announces new strategy
Novozymes (Bagsvaerd, Denmark) today announced a new corporate strategy, Partnering for Impact, accompanied by a revised set of long-term financial, environmental, and social targets, as well as a new purpose statement. Novozymes’ updated long-term...

Platform raises $2 billion to fund Arysta purchase
Platform Specialty Products says it plans to raise $2 billion from senior notes and term loans to fund its $3.5-billion acquisition of agricultural chemicals firm Arysta. Platform says it will offer $500 million of senior notes due 2022 denominated in US...

Wacker to reorganize silicone distribution in Nordic countries
Wacker announced today that it will reorganize its silicone distribution operations in the Nordic countries. As of 1 March 2015, Lindberg & Lund, the Norwegian chemicals distributor, will market room-temperature-vulcanizing silicone-rubber grades in...

Elopak to use renewable polyethylene in beverage cartons
Elopak (Oslo), a leading liquid food packaging supplier, has announced the launch of beverage cartons featuring certified renewable polyethylene (PE). A wide range of these cartons will be commercially available in the coming months, making Elopak the first...

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NETHERLANDS

ICL opens European HQ and shared services center at Amsterdam
ICL (Tel Aviv) on Thursday inaugurated its new operational headquarters and European shared services center at Amsterdam. The inauguration ceremony was attended by Dutch prime minister Mark Rutte, ICL president and CEO Stefan Borgas, and Idan Ofer, who...

Higher styrene prices in Europe open arbitrage window from US
An escalation in styrene spot prices in Europe has opened an arbitrage into Europe from the United States, just days after Europe looked to have finished clearing out a stock-overhang that had pressured prices since the beginning of the year. With a deal...

Shell to curtail spending by $15 billion over next three years, chemical earnings slide on Moerdijk shutdowns
Royal Dutch Shell says that it is curtailing its group-wide investment by $15.0 billion over the next three years because of falling oil prices. Organic investment is expected to be lower in 2015 than last year, the company announced today with the release of...

EU conditionally approves GSK-Novartis deals
The European Commission said on Wednesday that it has cleared both GlaxoSmithKline's (GSK) proposed acquisition of Novartis's vaccines business and the proposed creation of an entity combining the consumer health activities of GSK and Novartis. The...

Offers from Europe, US weigh on Asia's styrene markets
Styrene cargoes have been offered from overseas into Asia at more competitive prices than cargoes of Asian product, although concerns over transit time, forward pricing risk, and credit for certain market players are at times leading to differing bids and...

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BELGIUM

Higher styrene prices in Europe open arbitrage window from US
An escalation in styrene spot prices in Europe has opened an arbitrage into Europe from the United States, just days after Europe looked to have finished clearing out a stock-overhang that had pressured prices since the beginning of the year. With a deal...

Umicore’s API business appoints sales partner for North America
Umicore (Brussels) says that its precious metals chemistry business unit has appointed a subsidiary of Midas Pharma (Ingelheim, Germany) at Parsippany, NJ, as the exclusive sales agent for Umicore's active pharmaceutical ingredients (API) business in Canada...

Offers from Europe, US weigh on Asia's styrene markets
Styrene cargoes have been offered from overseas into Asia at more competitive prices than cargoes of Asian product, although concerns over transit time, forward pricing risk, and credit for certain market players are at times leading to differing bids and...

DKSH and Shin-Etsu Silicones extend distribution deal in Europe
Distributor DKSH (Zurich) and Shin-Etsu Silicones, a pioneer in the field of silicones for personal-care products, have extended their existing agreement to market, sell, and distribute Shin-Etsu Silicones’ entire product range in Belgium, Luxembourg...

Sigma-Aldrich and VIB form alliance to provide translational research tools
Sigma-Aldrich’s (St. Louis) research business unit, an industry leader in supporting translational researchers by supplying the products, services, and solutions needed to enable scientific discoveries, has formed an alliance with VIB (Ghent, Belgium)...

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GERMANY

Merck KGaA appoints personnel in finance department
Merck KGaA today announced the appointment of Andreas Stickler as the new head of controlling of the company’s health-care business. Roman Werth will succeed Stickler as head/M&A. Both appointments are effective 1 February.  ...

H.C. Starck enlarges executive board with CTO appointment
H.C. Starck (Munich) says it will expand its executive board to include a newly created position of chief technology officer. Michael Reiß will take on this position, effective 1 February. Starck’s other members of the executive board are Andreas...

Solvay divests German refrigerant business to Daikin
Solvay announced today that it has agreed to sell its German-based refrigerant business and pharma propellants to Daikin. The move forms part of Solvay’s special chemicals global business unit switching its focus toward selective high-value-added...

EU conditionally approves GSK-Novartis deals
The European Commission said on Wednesday that it has cleared both GlaxoSmithKline's (GSK) proposed acquisition of Novartis's vaccines business and the proposed creation of an entity combining the consumer health activities of GSK and Novartis. The...

SGL Carbon expects 'substantial net loss' of about $284 million for 2014
SGL Carbon (Wiesbaden, Germany) has announced preliminary results for fiscal 2014, describing the year as “challenging.” Group Ebit “declined substantially” year-on-year, but the company also says that preliminary results indicate that...

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FRANCE

PPG to acquire majority stake in aerospace and automotive sealants business of LJF
Le Joint Français, owned by Total’s Hutchinson Group (Paris) subsidiary, has been a long-term licensee of PPG’s aerospace sealant technology....

Sika board seeks to strip family of power to sell control of firm to Saint-Gobain
The battle between the Sika (Baar, Switzerland) management and the company’s controlling shareholders, the Burkard-Schenker family, has taken a new turn, with a statement from the Sika board that the family’s voting rights should be restricted to...

Sika enters talks to acquire epoxy, PU polymer formulations specialist
Sika (Baar, Switzerland) has entered exclusive talks with management and shareholders of Axson Technologies (Saint-Ouen l'Aumône, France) to acquire Axson, Sika announced today. Axson specializes in epoxy and polyurethane (PU) polymer formulations for...

Management buys majority of specialties distributor Safic-Alcan
The management of specialty chemicals distributor Safic-Alcan (Paris), together with private equity firms Sagard and Euromezzanine, have completed the acquisition of Safic-Alcan from Parquest Capital. Management owns a majority of Safic-Alcan following the...

Anellotech, IFP and Axens form alliance to commercialize biobased aromatics technology
Anellotech (Pearl River, NY), a green innovation and technology company, IFP Energies nouvelles (IFPEN) and its subsidiary Axens today announced a strategic alliance to develop and commercialize a new technology for low cost production of biobased benzene...

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SPAIN

Reports: Cepsa considers selling some PTA and other assets
Cepsa Química (Madrid), a Cepsa subsidiary,  is mulling the sale of two of its petrochemical facilities, according to local press reports. One plant is near Cádiz, Spain; and the other is at Montreal, the reports say. The assets produce...

Highfield Resources signs MOU with a second Spanish port
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the Port Authority of Bilbao, Spain. The MOU confirms the availability of 25,000 sq meters of wharf space in the port for the construction of potash handling...

Australian firm signs potash export MOU with port authority in Spain
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the port authority of Passaia/Pasajés, northern Spain, the company announced today. The MOU provides a nonbinding commitment of port capacity for all of the...

New law widens opportunity for cultivation of GM crops in Europe
The European Union will devolve to its 28 individual member states the power to authorize the cultivation of genetically modified (GM) crops, allowing national governments to either approve new GM crops or ban them on nonscientific grounds. The move is likely...

Artlant postpones PTA restart to September, Europe remains well supplied
Artlant PTA (Sines, Portugal), the shares of which are partly owned by former polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain), has once again postponed restarting its purified terephthalic acid (PTA) plant to...

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ITALY

Matrica signs agroindustrial supply chain agreement
Matrica (Novara, Italy), a 50-50 joint venture between Novamont (Novara) and Versalis (Milan), has signed an agreement with  Coldiretti (Roma) and Consorzi Agrari d’Italia, for the creation of innovative agroindustrial chains to create short-chain...

EFSA: Bisphenol A exposure does not pose a health risk for consumers
The European Food Safety Authority (EFSA; Parma, Italy) has completed its comprehensive re-evaluation of bisphenol A (BPA) exposure and toxicity. EFSA concludes that “BPA poses no health risk to consumers of any age group at current exposure...

TPG completes acquisition of stake in M&G Chemicals
M&G Chemicals (Luxembourg), a wholly owned subsidiary of Mossi Ghisolfi Group (Tortona, Italy), has completed issuing $300.0 million in new equity to TPG Opportunities Partners (TPG; Fort Worth, TX) and affiliated funds. The deal was originally announced...

Versalis confirms restart of Porto Marghera cracker to supply Shell
Versalis, the chemicals subsidiary of ENI (Rome), has announced the temporary restart of the company's naphtha cracker at Porto Marghera, Italy, as part of a supply agreement with Shell. The 490,000-m.t./year Porto Marghera cracker is due to restart in the...

Versalis signs agreement to divest petchem assets at Sarroch to refining firm
Versalis, the chemicals subsidiary of ENI (Rome), says that it has signed a firm agreement for the previously announced divestment of some of the company's petrochemical production plants at Sarroch, Italy, to Sarlux, a subsidiary of Saras (Sarroch). Sarlux...

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SWITZERLAND

Gurit reports sales of $367 million for full-year 2014, up nearly 20%
Composite materials supplier Gurit (Zurich) today report preliminary net sales of 335.8 million Swiss francs ($367 million) in full-year 2014, compared with SF281.1 million in the year-ago period, an increase of 19.4%. The strong sales results from growth in...

EU conditionally approves GSK-Novartis deals
The European Commission said on Wednesday that it has cleared both GlaxoSmithKline's (GSK) proposed acquisition of Novartis's vaccines business and the proposed creation of an entity combining the consumer health activities of GSK and Novartis. The...

Givaudan reports solid performance in 2014
Flavors and fragrances firm Givaudan today said it performed solidly in 2014 in a challenging environment. Net income rose 15%, to 563.0 million Swiss francs ($617.0 million), in 2014 on sales 3.7% higher, at SF4.4 billion. Sales in the developing markets...

Sika acquires mortar and tile adhesive manufacturer in Mozambique
Sika (Baar, Switzerland) says that it has agreed to acquire the assets of Duro-Moza (Maputo), a company active in production and sales of specialized mortars and tile adhesives. Financial details of the deal have not been disclosed. Duro-Moza generated sales...

Moody's: Removal of cap on Swiss franc will hurt Switzerland-based chemical firms' earnings
The Swiss National Bank’s (Bern) recent decision to remove the peg between the Swiss franc and the euro—resulting in a rapid strengthening in the Swiss currency’s value—will put downward pressure on Switzerland-based companies'...

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AUSTRIA

ICL to acquire food ingredients firm Prolactal
Israel Chemicals Ltd. (ICL; Tel Aviv) says that its food specialties business unit has entered into a share purchase agreement to acquire Prolactal (Hartberg, Austria) and its subsidiary, Rovita (Engelsberg, Germany). Prolactal is a leading European producer...

Borealis divests proprietary fertilizer technologies to Casale
Borealis has divested a package of proprietary fertilizer process technologies—including for the production of nitric acid, ammonium nitrate solution, and urea ammonium nitrate—to, and established a technology partnership with, Casale (Lugano...

Borealis deputy CEO to retire
Borealis announced today that Herbert Willerth, Borealis deputy CEO and executive v.p./Mideast and Asia, will retire at the end of 2014 after serving 15 years on the board. Willerth most recently oversaw the completion of the Borouge 3 expansion project in...

ECHA launches CLH consultations on two biocidal active substances
The European Chemicals Agency (ECHA; Helsinki) has started a 45-day public commenting period on harmonised classification and labelling (CLH) proposals for two biocidal active substances, 4,4'-methylenedimorpholine and reaction products of paraformaldehyde...

Lenzing to cut more jobs as rayon fiber prices plunge
Lenzing Group, the Austrian man-made cellulosic fibers producer, today announced a further round of job cutbacks in response to plunging prices in the rayon fibers market. The latest measures are in addition to the cost-cutting plan launched by Lenzing a year...

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