IHS Chemical Week

Regions :: Western Europe

U.K. (1068)

Sweden (187)

Finland (250)

Denmark (148)

Netherlands (659)

Belgium (709)

Germany (2162)

France (790)

Spain (188)

Italy (311)

Switzerland (536)

Austria (143)


U.K.

Banner Chemicals acquires metals surface tratment group Stowlin
Banner Chemicals (Runcorn, UK) said today that it has agreed to acquire Leicester, UK–based Stowlin Croftshaw, a maker of a complete range of products for metal surface treatment, cleaning, and phosphating. The combination of Banner’s precision...

Johnson Matthey sells gold and silver refining business to Asahi Holdings
Johnson Matthey says it has agreed to divest its gold and silver refining business to Asahi Holdings, a collector, refiner, and recycler of precious and rare metals from waste materials, for £118.0 million ($184.8 million) in cash subject to typical...

Thomas Swan announces successful start-up of graphene pilot plant
Thomas Swan (Consett, UK) has today announced the start-up of its integrated pilot plant for the production of Elicarb graphene products. The company will use the plant to produce high quality, graphene nanoplatelets (GNP) by liquid exfoliation of graphite...

Sirius Minerals appoints new CFO
Sirius Minerals (London), a potash development company with properties in North Yorkshire, United Kingdom; and North Dakota, said today that Rachel Rhodes, CFO, will leave the company on 19 December. Thomas Staley, whose appointment as corporate development...

BP to incur $1-billion charges, reexamine upstream investments
BP said today that it expects to incur restructuring charges of $1 billion over the next five quarters. The company is presenting its future strategy and plans in the upstream and gas business to the end of the decade and beyond to investors in London today...

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SWEDEN

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...

Stora Enso to open biomaterials innovation center in Sweden
Stora Enso, a Helsinki-based forestry products company, says it will concentrate its new biomaterials business development in an innovation center in Sweden. The aim of the unit is to boost innovation by identifying business opportunities in the renewable...

Yara to expand ammonium nitrate capacity in Sweden
Yara International (Oslo) says that its board has approved an investment of 1.74 billion Swedish kronor ($233 million) to increase technical ammonium nitrate (TAN) capacity at the Köping, Sweden, site. The investment includes constructing a nitric acid...

Técnicas Reunidas to build nitric acid plant for Yara in Norway
Técnicas Reunidas (TR; Madrid) says it has been awarded a contract to build a nitric acid plant for Yara at Porsgrunn, Norway. The contract is worth about €85 million ($104 million), TR says. Yara has selected TR, based on a front-end engineering...

Nondecafluorodecanoic acid and penthiopyrad added to registry of intentions under Reach
The European Chemicals Agency (ECHA; Helsinki) says that two new intentions for harmonized classification and labeling have been added to the registry of intentions. The substances are nonadecafluorodecanoic acid (PFDA) and penthiopyrad. The dossier for PFDA...

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FINLAND

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...

Stora Enso to open biomaterials innovation center in Sweden
Stora Enso, a Helsinki-based forestry products company, says it will concentrate its new biomaterials business development in an innovation center in Sweden. The aim of the unit is to boost innovation by identifying business opportunities in the renewable...

Finnish researchers developing 'affordable' biobased alternative to polystyrene
VTT Technical Research Centre of Finland (Espoo) says it is developing an affordable and environmentally friendly alternative to polystyrene (PS) from polylactic acid (PLA) plastic, which is derived from organic sources. VTT is investigating methods of...

Neste Oil to introduce low-sulfur marine fuel to the market
Neste Oil (Helsinki) is launching a low-sulfur marine fuel that it will begin distributing it in mid-December, the company announced. The new fuel is in accordance with the European Union Sulfur Directive requirements entering into force in 2015, Neste adds...

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...

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DENMARK

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...

Novozymes' new technology converts waste oils into biodiesel
Novozymes has launched Eversa, the first commercially available, registered enzymatic technology to make biodiesel from waste oils. The enzymatic process converts used cooking oil or other lower-grade oils into biodiesel, enabling biodiesel producers to...

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...

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NETHERLANDS

DSM to sell coating resins business to private equity firm
DSM says that it has agreed to sell its coating resins business Synres to private equity firm Standard Investment (Amsterdam). Financial details of the deal have not been disclosed. Synres has produced solvent-borne alkyd and acrylic coating resins at its...

Europe styrene prices plummet on the back of weaker energy markets
Styrene spot values in Europe have lost about $400/m.t. in two weeks as the market has been forced to adjust to the new upstream environment at a time when European styrene production is improving. Styrene for December was still pricing on 27 November at...

LyondellBasell lifts force majeure on benzene at Netherlands site
LyondellBasell Industries has begun to ramp up operating rates at its Maasvlakte, Netherlands, propylene oxide–styrene monomer (POSM) unit today after a resolution for week-long industrial action was reached during a meeting with unions last night...

DSM appoints new head of food specialties division
Ilona Haaijer. DSM says that it has appointed Ilona Haaijer as president and CEO/food specialties, one of the five global divisions of DSM. Haaijer will succeed Hans Christian Ambjerg, who is moving to the nutritional products division to lead innovation from...

Benzene reaches five-year low in Europe on continued crude weakness, oversupply
Benzene prices fell below $800/m.t. cif Amsterdam-Rotterdam-Antwerp (ARA) on 9 December, trading at $770-780/m.t., and benzene was notionally pegged at $740-765/m.t. today—the lowest levels since late 2009, IHS Chemical prices show. The spot numbers...

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BELGIUM

Fluor starts work on ExxonMobil Antwerp refinery project
Fluor has started construction activities on a new delayed coker unit for ExxonMobil's petroleum and chemical business at its Antwerp refinery. The project will expand the refinery’s production capabilities. Fluor’s responsibilities include...

Benzene reaches five-year low in Europe on continued crude weakness, oversupply
Benzene prices fell below $800/m.t. cif Amsterdam-Rotterdam-Antwerp (ARA) on 9 December, trading at $770-780/m.t., and benzene was notionally pegged at $740-765/m.t. today—the lowest levels since late 2009, IHS Chemical prices show. The spot numbers...

Cirfs appoints new president
Meierkord: Europe's man-made fiber industry faces uncertainties Cirfs (Brussels), the European Man-made fiber association, has appointed Heinz Meierkord as president for a three-year term. Meierkord, CEO of Advansa (Chaam, Netherlands), succeeds...

BioAmber to supply biosuccinic acid to Oleon for lubricants manufacture
BioAmber (Minneapolis) announced today the signing of an exclusive supply agreement to supply Oleon (Ertvelde, Belgium) with biobased succinic acid. Under the terms of the five-year contract, which runs from 2014 to the end of 2018, BioAmber Sarnia, a joint...

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...

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GERMANY

Bayer HealthCare divests old animal health products to Merial
Bayer HealthCare announced today that it has definitively agreed to sell its equine products Legend/Hyonate (hyaluronate sodium) and Marquis (ponazuril) to Merial. The deal is expected to close in the first quarter 2015 subject to customary conditions...

Technip to acquire Zimmer polymer technologies from Air Liquide
Technip (Paris), a leading global engineering and construction firm, announced today that it has agree with Air Liquide to purchase all of the Zimmer polymer technology business. The business, based in Frankfurt, includes technologies for the production of...

REG to acquire majority of biodiesel producer in Germany
Renewable Energy Group (REG; Ames, IA), via a wholly owned subsidiary, will acquire IC Green Energy's (ICG; Tel Aviv) majority stake in biodiesel producer Petrotec (Borken, Germany), REG and ICG have announced. The transaction is expected to close before...

Evonik commissions cross-linking activator units in Germany
Evonik Industries announced today that it has started up two new facilities producing cross-linking activators at its multiuser site at Wesseling, Germany. The facilities produce triallyl cyanurate (TAC) and triallyl isocyanurate (Taicros), used as activators...

Bayer MaterialScience inaugurates TDI plant in Germany
Bayer MaterialScience (BMS) today announced the conclusion of a major capital expenditure project in Germany bringing onstream an “ultraefficient and resource-conserving,” world-scale plant for the production of the polyurethane (PU) intermediate...

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FRANCE

Arkema completes capital increase to help finance Bostik acquisition
Arkema has completed a share capital increase–with preferential subscription rights–that was launched on 19 November as part of the financing of the proposed acquisition of Bostik from Total, Arkema has announced today. Gross proceeds of the share...

Air Liquide acquires parts of debt-ridden, home health-care provider in France
Air Liquide is acquiring a portion of the business of the Arair Group (Tours, France), a home health-care provider in central France. Air Liquide will take over Arair's "Arair assistance" business, which generated revenue of €34 million ($42...

Lonza enters into collaboration agreements with two innovation clusters
Lonza says that it has recently entered into collaboration agreements with two prominent innovation clusters — Medicen Paris Region in France, and BioPmed Innovation Cluster in Italy — to help support small biotechnology companies that are...

Report: Europe must boost R&D investment to remain competitive
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies based in the European Union increased by 6.8% in 2012, but was only 2.6% in...

Saint-Gobain to acquire controlling stake in Sika; Sika management against move
Saint-Gobain (Courbevoie, France) says that it will acquire all shares held by the Burkard family — the current majority shareholder of Sika (Baar, Switzerland) — for 2.75 billion Swiss francs ($2.8 billion). If the transaction closes...

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SPAIN

Cepsa declares force majeure on phenol at Spanish site
Cepsa (Madrid) declared force majeure on phenol and acetone production at its site in Huelva, Spain, a company source confirmed Monday. It was understood that customers would be put on allocation, but the rate had yet to be decided, the source adds. The...

Cepsa restarts cumene, phenol units at Spanish site
Cepsa (Madrid) today restarted cumene and phenol plants at the company's Huelva, Spain, site, a company source has confirmed. The cumene unit stopped operating at the start of October and was followed by the phenol plant in mid-October. Each unit had been...

IMCD and Campine extend distribution deal for flame retardant masterbatches
Specialty chemicals distributor IMCD Group (Rotterdam) says that it has extended the distribution deal with Campine (Beerse, Belgium) for flame retardant masterbatches, into Spain. The agreement adds to IMCD’s compounders and converters product...

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...

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ITALY

Porto Marghera cracker restart is feasible, would make ethylene market 'balanced to long'—market source
Restarting Versalis's (Milan) Porto Marghera, Italy naphtha cracker is feasible, given that the company has not laid off any of the plant's employees, under the terms of an agreement with trade unions, a market source tells CW. "Versalis has not yet laid...

Report: Versalis could restart Porto Marghera steam cracker
Versalis (Milan) could restart production at its 490,000-m.t./year naphtha-based steam cracker at Porto Marghera, Italy, in February 2015 despite having announced in September that the plant had permanently closed, according to unconfirmed reports citing...

Lonza enters into collaboration agreements with two innovation clusters
Lonza says that it has recently entered into collaboration agreements with two prominent innovation clusters — Medicen Paris Region in France, and BioPmed Innovation Cluster in Italy — to help support small biotechnology companies that are...

Toray to acquire Europe-based carbon fiber prepreg business of Italian firm
Toray Industries says that it has reached a basic agreement with Saati (Appiano Gentile, Italy) to acquire its European carbon fiber fabric and prepreg business. Financial details of the deal have not been disclosed. Toray will take over the assets of...

Report: Europe must boost R&D investment to remain competitive
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies based in the European Union increased by 6.8% in 2012, but was only 2.6% in...

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SWITZERLAND

Lonza enters into collaboration agreements with two innovation clusters
Lonza says that it has recently entered into collaboration agreements with two prominent innovation clusters — Medicen Paris Region in France, and BioPmed Innovation Cluster in Italy — to help support small biotechnology companies that are...

Report: Europe must boost R&D investment to remain competitive
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies based in the European Union increased by 6.8% in 2012, but was only 2.6% in...

Saint-Gobain to acquire controlling stake in Sika; Sika management against move
Saint-Gobain (Courbevoie, France) says that it will acquire all shares held by the Burkard family — the current majority shareholder of Sika (Baar, Switzerland) — for 2.75 billion Swiss francs ($2.8 billion). If the transaction closes...

Dottikon narrows loss
Fine chemicals company Dottikon Exclusive Synthesis (Dottikon ES; Dottikon, Switzerland) reports a net loss of 3.20 million Swiss francs ($3.33 million) for its fiscal first half, ended 30 September, compared with a net loss of SF4.50 million in the...

Siegfried acquires German pharma firm
Siegfried (Zofingen, Switzerland), a producer of active pharmaceutical ingredients (APIs), pharma intermediates, and finished drugs, says that it has acquired Hameln Pharma (Hameln, Germany) from the privately held Hameln Group for 60 million Swiss francs...

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AUSTRIA

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...

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...

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