IHS Chemical Week

Regions :: Western Europe

U.K. (1053)

Sweden (180)

Finland (246)

Denmark (145)

Netherlands (647)

Belgium (705)

Germany (2135)

France (782)

Spain (185)

Italy (303)

Switzerland (531)

Austria (140)


U.K.

ECHA's registry of intentions updated with six new intentions and one new submission
The European Chemicals Agency (ECHA; Helsinki) has announced that the registry of intentions has updated with six new intentions and one new submission. The new intentions are: iprodione; colecalciferol (vitamin D3); maleic anhydride; succinic anhydride...

Johnson Matthey's first-half profits stable
Johnson Matthey reported a profit of £172.8 million ($216.6 million) for the company's fiscal first half ended 30 September 2014, a decrease of 0.5% compared with the same period last year. Revenue fell by just over 25% year-on-year (YOY), to £4.8...

Ineos pledges to become the biggest UK shale player with a $1-billion investment
Ratcliffe: UK shale reserves are similar to US Ineos today pledged to invest $1 billion in UK shale gas exploration and appraisal if it wins all the shale gas licenses it has applied for. The company held a rare press conference in London, fronted by Jim...

Developer of organic photovoltaics receives more funds to commericalize its process
Eight19 (Cambridge, UK) , a developer of low-cost organic photovoltaics (OPV) technology capable of delivering flexible and light-weight solar panels in high volume, has announced that it has received a further £1 million ($1.6 million) in funds. The...

Synthomer taps Ineos for new CEO appointment
Synthomer (Harlow, UK), a producer of synthetic and natural rubber latices and specialty emulsion polymers, announced today the appointment of Calum MacLean as group CEO. MacLean joins from Ineos where he is a senior board executive and was a founder member...

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SWEDEN

ECHA's registry of intentions updated with six new intentions and one new submission
The European Chemicals Agency (ECHA; Helsinki) has announced that the registry of intentions has updated with six new intentions and one new submission. The new intentions are: iprodione; colecalciferol (vitamin D3); maleic anhydride; succinic anhydride...

Odfjell swings to a net loss on reduced spot trading, lower freight rates
Odfjell posted a net loss of $9 million for the third quarter, compared with a $9-million net profit in the corresponding period last year, on revenue of $267 million, up from $259 million one year earlier. Ebitda at Odfjell's chemical tankers business sank...

Styrolution to close polystyrene plant in Sweden
Styrolution (Fribourg, Switzerland), part of the Ineos group, said today that it intends to close permanently its 80,000 m.t./year polystyrene (PS) plant at Trelleborg, Sweden. The closure, which is scheduled for the end of 2014, will affect all 51 employees...

Air Liquide to acquire distributor of compressed biogas in Sweden
Air Liquide has signed an agreement for the acquisition of FordonsGas (Gothenburg, Sweden), a company that distributes compressed biogas (CBG) for the Swedish transportation market.  The company generates annual revenue of about €20 million and...

Perstorp to increase investment in bioplastics
Perstorp (Perstorp, Sweden) says it is stepping up its investment into the fast growing bioplastics market. The investments include a pilot plant at Warrington (UK), which is already in operation, a new laboratory at Perstorp, due to be ready in January 2015...

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FINLAND

Tikkurila lowers its guidance for 2014
Paints and coatings company Tikkurila (Helsinki) lowered its guidance for 2014 shortly after announcing its results for the third quarter of 2014 and expecting revenue and Ebit excluding nonrecurring items for fiscal 2014 to remain at the 2013 level. The...

Tikkurila sales, Ebit fall in third-quarter 2014; market 'continues to be challenging'
Paints and coatings company Tikkurila (Helsinki) says its revenue in the third quarter was €179.6 million ($224.8 million), a decrease of 5.3% compared with sales of €189.6 million in the year-ago quarter. Operating profit—Ebit—excluding...

Yara to expand fertilizer capacity in Norway and Finland
Yara International (Oslo) announced today that it will spend 2.25 billion Norwegian kroner ($350 million) to increase fertilizer capacity at its Porsgrunn, Norway, site. The investment, will add 50,000 m.t./year compound NPK capacity and 200,000 m.t./year of...

AkzoNobel sells stake in Eka Synthomer to partner, exits paper chemicals
AkzoNobel today announced a €5 million ($6.3 million) divestment of its 50% share in Eka Synthomer, to Synthomer. The divestment follows a strategic review of businesses within AkzoNobel’s portfolio. "Following an earlier announcement about...

Kemira improves profitability on lower sales in third-quarter 2014
Kemira (Helsinki) has announced Ebitda of €69.9 million ($89.3 million) in third-quarter 2014, compared with €68.9 million in the corresponding period in 2013, or 1.5% year-on-year (YOY). Ebitda margin was 12.9%, versus 12.4% a year ago. Revenue in...

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DENMARK

GlyEco and Haldor Topsoe to collaborate in developing waste glycol recycling facilities
Green chemistry company GlyEco (Phoenix) says that it has signed a nonbinding memorandum of understanding (MOU) with catalysis and process technology firm Haldor Topsoe. The two companies entered the collaborative agreement to identify and develop waste...

Novozymes upgrades 2014 outlook, net profit grows 12% in the third quarter
Novozyme (Bagsvaerd, Denmark) reported a 12% increase in net profit during the third quarter, to 637 million Danish krone ($108.6 million) compared with DK568 million in the same quarter of 2013, according to the company's results released today...

Tikkurila to acquire ISO Paint Nordic, specialist in energy-efficient coatings
Paints and coatings company Tikkurila (Helsinki) says it has acquired ISO Paint Nordic (Lunderskov, Denmark). ISO Paint Nordic is a family-owned business that was established in 1999 and had sales revenue of around €7.5 million ($9.5 million) in 2013...

FMC completes credit agreements for $3.5 billion to fund Cheminova purchase
FMC has signed unsecured credit agreements that will provide access to as much as $3.5 billion to help fund its $1.8-billion acquisition of agricultural chemicals maker Cheminova (Harboøre, Denmark). FMC’s acquistion of Cheminova is expected to close in early 2015....

Fluorinated gas usage in the European Union declines for third consecutive year: EEA report
The use of fluorinated gases (F-gases) in the European Union has fallen for the third consecutive year, according to a report, Fluorinated greenhouse gases 2013, published by the European Environment Agency (EEA; Copenhagen). F-gases are greenhouse gases...

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NETHERLANDS

DSM opens materials R&D center in the Netherlands
DSM has inaugurated an R&D center for high-performance materials at the Brightlands Chemelot Campus in Sittard-Geleen, Netherlands. The newly inaugurated center is DSM’s largest materials center worldwide and forms part of a €100-million ($125...

Distributor IMCD's net profit more than doubles
Specialty chemicals distributor IMCD (Rotterdam) posted a more than doubling in net profit before amortization and nonrecurring items for the first nine months of 2014, compared with the same period of last year, to €35 million on sales up 12%, to...

ECHA starts public consultation on methyl hydrazine under CLH
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation for methyl hydrazine under the harmonized classification and labeling (CLH) regulation. The CLH dossier is being submitted by the Netherlands. The hazard class open for comments...

AkzoNobel and Dutch partners work with Enerkem to explore waste-to-chemicals production
AkzoNobel is working with Enerkem (Montreal) to explore the use of waste streams as a feedstock for producing chemical and to develop waste-to-chemicals facilities. AkzoNobel says it is part of a Dutch partnership—consisting of industry and...

ECHA opens public consultation on alternatives to trichloroethylene under Reach
The European Chemicals Agency (ECHA; Helsinki) has announced a public consultation on applications for authorization of trichloroethylene (TCE) under the European Union’s Registration, Evaluation, Authorisation, and Restriction of Chemicals (Reach)...

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BELGIUM

Cefic study—Costly energy, lower R&D spending have eroded EU chemical sector's competitiveness
High energy costs and lower R&D spending have eroded the competitiveness of the European Union's chemical industry in export markets during the last two decades, Cefic says. A study by Oxford Economics (Oxford, UK), commissioned by Cefic—published...

BP to invest $200 million at PTA plants in US, Belgium
BP announced today that it plans to invest more than $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, SC; and Geel, Belgium. The investments will position the two plants among the most efficient PTA manufacturing facilities...

European HFC producers support action for a cap and reduction
The European Fluorocarbons Technical Committee (EFCTC), part of Cefic, says it encourages parties to the Montreal Protocol to reach an agreement for a global cap and a reduction in the consumption of hydrofluorocarbons (HFCs), using an approach weighted on...

Solvay reports higher income and revenues, will seek alternative options to sell Indupa
Solvay today reported third-quarter net income of €133.0 million ($165.7 million), up 12% year-on-year (YOY), on sales 7.9% higher at €2.59 billion. Recurring Ebitda (Rebitda) was 9.5% up at €458 million, 3% higher than consensus estimates. The...

Solvay seeking to divest Acetow business?
Solvay’s spokesperson on Sunday declined to comment to CW on a report on Bloomberg that the company has hired Goldman Sachs and Credit Suisse Group to advise it in a possible sale of its Acetow business. Acetow is a leading global producer of cellulose...

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GERMANY

VCI calls for rapid exploration of shale gas to determine potential
Exploitation of shale gas presents an opportunity to secure both raw materials and energy supplies for the chemical industry, says Germany’s chemical industry association VCI (Frankfurt). Local shale gas deposits should explored quickly to determine...

Bayer CropScience opens weed resistance competence center at Frankfurt
Biological technician Frederic Bach conducts greenhouse-based diagnostics tests at Bayer CropScience’s Weed Resistance Competence Center at Frankfurt, Germany. Bayer CropScience, a subgroup of Bayer responsible for the agricultural business, has opened...

BASF—TDI project at Ludwigshafen to reach completion by year-end
The first units at BASF's new toluene diisocyanate (TDI) complex—currently under construction at Ludwigshafen—will be mechanically complete by the end of 2014, BASF told CW today. "Other units will follow and successively go into...

BASF and US firm enter R&D, marketing collaboration on energy storage technology
EnerG2 (Seattle) and BASF have entered into a comprehensive collaboration to improve and scale-up the production of EnerG2’s proprietary carbon materials for use in supercapacitor electrodes and as a performance additive in start-stop lead-acid...

Germany's chemical SMEs regard cost issue of energy transition as 'unresolved'
Germany’s small- and medium-sized (SME) companies have accused the federal government of failing to make any progress in the cost of the country's Energiewende, the transition away from fossil fuels towards energy from renewable resources. The committee...

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FRANCE

SK Innovation and Soitec to collaborate on advanced semiconductor materials
SK Innovation (Seoul) and Soitec (Bernin, France), a manufacturer of semiconductor materials for the electronics and energy industries, have signed a collaboration agreement to establish a strategic alliance focused on innovation in the area of semiconductor...

ECHA's registry of intentions updated with six new intentions and one new submission
The European Chemicals Agency (ECHA; Helsinki) has announced that the registry of intentions has updated with six new intentions and one new submission. The new intentions are: iprodione; colecalciferol (vitamin D3); maleic anhydride; succinic anhydride...

Carbios achieves PLA depolymerization process in 48 hrs
Carbios (Clermont-Ferrand, France) has used its proprietary enzymatic process to depolymerize 90% of polylactic acid (PLA) material –a thermoplastic aliphatic polyester derived from renewable resources– in only 48 hours. This marks the beginning...

Arkema joins Together for Sustainability initiative
Arkema says it has become the ninth member of the Together for Sustainability (TfS) initiative, founded in 2011 by BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay. The goal of TfS is to develop and implement a global assessment and audit program to...

Arkema launches rights issue to help finance Bostik acquisition
Arkema announced today the launch of a share capital increase with preferential subscription rights of shareholders for about €350 million ($438.1 million). The rights issue is part of the refinancing of the proposed €1.74 billion acquisition of...

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SPAIN

US firm selected to acquire La Seda's packaging division
Plastipak Packaging Inc., a subsidiary of Plastipak (Plymouth, MI), has been selected as the successful bidder to acquire the APPE Packaging Division of La Seda de Barcelona (El Prat de Llobregat, Spain), Plastipak announced. The winning bid was €360...

Reports: Repsol's Tarragona cracker has production difficulties
Repsol (Madrid) declared force majeure on ethylene at its 702,000-m.t./year steam cracker at Tarragona, Spain on 31 October, according to various reports. Unindentified technical issues forced the company's decision to carry out an unplanned outage at...

Sibur's subsidiary Biaxplen expands BOPP exports to Europe
Biaxplen, a subsidiary of Sibur, a leading Russian petrochemical company, has expanded its export supplies of biaxially-oriented polypropylene (BOPP) film to the European market. The first shipments of Biaxplen products have been delivered to Spain and Bosnia...

Hexpol buys rubber compounding business
Hexpol (Malmö, Sweden), a leading polymers group with strong global positions in advanced rubber compounds, has signed an agreement to acquire the Vigar rubber compounding business of Grupo Vigar from the founders’ families, the company said today...

ECHA starts public consultation on four substances under CLH
The European Chemicals Agency (ECHA; Helsinki) has open a 45-day public commenting period on harmonized classification and labeling (CLH) proposals for four substances: dibutyltin dilaurate; 8-hydroxyquinoline; cyanamide; and fipronil. Comments received will...

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ITALY

ECHA's registry of intentions updated with six new intentions and one new submission
The European Chemicals Agency (ECHA; Helsinki) has announced that the registry of intentions has updated with six new intentions and one new submission. The new intentions are: iprodione; colecalciferol (vitamin D3); maleic anhydride; succinic anhydride...

ENI signs agreement with unions to restructure Porto Marghera complex
ENI today signed an agreement to restructure the petrochemical complex at Porto Marghera, near Venice, operated by ENI’s chemical subsidiary Versalis. The agreement follows the permanent closure of the ethylene plant at Porto Marghera. Claudio Descalzi...

Private equity firm TPG acquires minority stake in M&G Chemicals via capital increase
M&G Chemicals (Luxembourg), a wholly owned subsidiary of Mossi Ghisolfi Group (Tortona, Italy), has signed an agreement to issue $300 million in new equity to private equity firm TPG Opportunities Partners (TPG; Fort Worth, TX) and affiliated...

ECHA opens public consultation on alternatives to trichloroethylene under Reach
The European Chemicals Agency (ECHA; Helsinki) has announced a public consultation on applications for authorization of trichloroethylene (TCE) under the European Union’s Registration, Evaluation, Authorisation, and Restriction of Chemicals (Reach)...

Versalis's transformation in Europe includes major downsizing, closure of aromatics at Sarroch
Versalis, the chemicals subsidiary of ENI (Rome), will permanently shut down a complex producing xylenes and ethylbenzene at Sarroch, Italy, following the purchase of some downstream assets at the site by the refining group Saras. “When we started to...

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SWITZERLAND

Syngenta cuts to impact 1,800 jobs
Syngenta says it will eliminate or relocate 1,800 jobs as part of an ongoing restructuring program that is expected to generate savings of $265.0 million in 2015. The reductions will impact Syngenta’s commercial, R&D, and global operations...

Sunshine Biopharma signs manufacturing deal with Lonza
Sunshine Biopharma (Montreal), a pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer, says that it has entered into an agreement with Lonza for the manufacture of...

BASF completes divestment of 50% stake in Styrolution to Ineos
BASF has completed the sale of its 50% share in Styrolution to its partner, Ineos. Relevant merger control approvals have been granted. Styrolution was founded in October 2011 as a 50-50 styrenics joint venture between BASF and Ineos. The purchase price for...

Givaudan develops Mideast presence with expanded technical center, regional offices at Dubai
Givaudan (Vernier, Switzerland), a market leader in the global fragrance and flavor industry, says it has opened an expanded technical center and regional offices at Dubai. The state-of-the-art facilities are in response to growing demand for flavors from...

AMEC and Foster Wheeler combine into Amec Foster Wheeler
Engineering & construction group AMEC (London) today announced the completion of the £5 billion ($7.9 billion) merger with Foster Wheeler, creating Amec Foster Wheeler. The company represents a new force in global engineering, project delivery...

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AUSTRIA

ECHA's registry of intentions updated with six new intentions and one new submission
The European Chemicals Agency (ECHA; Helsinki) has announced that the registry of intentions has updated with six new intentions and one new submission. The new intentions are: iprodione; colecalciferol (vitamin D3); maleic anhydride; succinic anhydride...

Lenzing reports 'stagnant' sales in third quarter, but Ebitda increases 10%
Lenzing today reported that sales in third-quarter 2014 "stagnated" at €457.7 million ($570.4 million), compared with €457.1 million in the year-ago quarter, but Ebitda rose in the quarter to €68 million, versus €61.8 million in...

Borealis to start shipping US ethane in 2016, Borouge delays dent results
Borealis, a leading polyolefins player in Europe and member of the International Petroleum Investment Co. (IPIC; Abu Dhabi)—which also includes Borouge, Nova Chemicals, and Cepsa—today announced its third-quarter results and said that...

Borealis extends CEO contract for another five years
Borealis announced today the reappointment of Mark Garrett as Borealis’s CEO effective through June 2019. The new contract extension reflects Borealis's commitment to stability and continuity following a recent period of transformation and growth...

Borealis secures financing for R&D into plastic materials
Borealis said today that it has secured financing for its investment in R&D into plastic materials at several of its facilities. The KfW IPEX-Bank loan of €75 million ($95.7 million) will run parallel with the €150 million European Investment...

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