IHS Chemical Week

Regions :: Western Europe

U.K. (1027)

Sweden (174)

Finland (244)

Denmark (144)

Netherlands (634)

Belgium (694)

Germany (2089)

France (766)

Spain (182)

Italy (296)

Switzerland (516)

Austria (136)


U.K.

Chief of UK's Nepic elected European cluster manager of the year
Stan Higgins, chief executive of the North East Process Industry Cluster (Nepic; Wilton, UK), has been elected European cluster manager of the year 2014. The vote took place at the European cluster conference 2014, held on 20 October in Brussels. Higgins will...

UK's CBI: 'Competitiveness must be at heart of EU climate discussions'
UK employers' association CBI (London), commenting ahead of a meeting of the European Council in Brussels, says that “competitiveness must be at the heart of European Union climate discussions, and that there must be greater support for energy-intensive...

Croda appoints new group finance director
Croda International (Goole, UK) has appointed Jez Maiden as new group finance director to take over from Sean Christie, who will step down in 2015 after nine years in the role. Maiden joins from National Express Group, where he has been group finance director...

ECHA opens public consultation on CLH proposals for azadirachtin, margosa extract, and terbuthylazine
The European Chemicals Agency (ECHA; Helsinki) has opened public consultations on proposals for harmonised classification and labelling (CLH) of three substances: azadirachtin (Neem seeds extract), margosa extract, and terbuthylazine. Experts on the identity...

Ineos ups the ante on UK shale exploration
Ineos, which has already acquired two licenses to explore for shale gas in the United Kingdom, is bidding for more licenses, according to Tom Crotty, group director at Ineos. Crotty spoke to CW on the sidelines of the recent Cefic General Assembly meeting in...

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SWEDEN

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...

Yara appoints acting CFO
Yara International says it has appointed Thor Giæver acting CFO. Giæver had been head of investor relations and company secretary at Yara since 2011. Giæver's appointment follows Yara's decision last week to appoint CFO Torgeir Kvidal as...

ECHA management board chair reelected
Nina Cromnier has been elected for a second term as chair of the management board of the European Chemicals Agency (ECHA; Helsinki), the agency has announced. Cromnier’s second term started at the beginning of this month and will run for two years. She...

Borealis selects Neste Jacobs to upgrade Stenungsund cracker to use more ethane
Borealis and Neste Jacobs (Porvoo, Finland) have signed an agreement, under which Neste Jacobs will provide engineering, procurement, and construction management services for an upgrade of the process section of Borealis's steam cracker at Stenungsund...

Perstorp appoints new CFO
Perstorp (Perstorp, Sweden) says that Magnus Heimburg has been appointed as new CFO of the company, effective 1 December. Heimburg succeeds Johan Malmqvist, who, after five years as CFO of Perstorp, has decided to accept an opportunity outside the...

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FINLAND

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...

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...

SHV Energy to market Neste Oil's biobased propane
Neste Oil (Espoo, Finland) has reached an agreement with SHV Energy (Hoofddorp, Netherlands) under which SHV will market and sell biopropane to be produced at Neste's Rotterdam refinery, Neste announced today. The agreement to supply about 160,000 m.t./year...

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DENMARK

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...

Jacobs Engineering receives contract for Novo Nordisk for pilot plant
Jacobs Engineering says that it has been awarded a contract by health-care company Novo Nordisk (Bagsværd, Denmark) for an R&D facility at Bagsværd. Jacobs, under the terms of the contract, will provide engineering, procurement, and...

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NETHERLANDS

AkzoNobel reports higher earnings, lower sales in challenging conditions
AkzoNobel today reported a 32% rise in third-quarter net income, to €205.0 million ($262.9 million), on 2% lower sales of €3.69 billion. Ebitda was 7% higher, at €487.0 million, and operating income advanced 11%, to €335 million.  ...

SHV Energy to market Neste Oil's biobased propane
Neste Oil (Espoo, Finland) has reached an agreement with SHV Energy (Hoofddorp, Netherlands) under which SHV will market and sell biopropane to be produced at Neste's Rotterdam refinery, Neste announced today. The agreement to supply about 160,000 m.t./year...

Glycidyl methacrylate added to ECHA's registry of intentions
The European Chemicals Agency (ECHA; Helsinki) says that 2,3-epoxypropyl methacrylate (glycidyl methacrylate) has been added to the registry of intentions (ROI) under the European Union’s Registration, Evaluation, Authorisation, and Restriction of...

Ethylene spot up in Europe on the back of Shell Moerdijk force majeure
Spot ethylene deals were concluded in Europe as high as €985/m.t. del. ($1,254/m.t.) on Wednesday, following Shell's force majeure declaration ethylene after an incident at the company's Moerdijk, Netherlands, steam cracker on 2 October...

Supply constraints tightening styrene but demand remains weak
Europe's styrene monomer market is facing supply constraints and a potential price spike. Europe's spot styrene prices have risen sharply since an 2 October close of $1,515-1,530/m.t. fob Rotterdam to the high $1,600s/m.t. fob today—a near nine-month...

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BELGIUM

Umicore records a slight increase in revenue
Umicore (Brussels), in its business update announcement for the third quarter of 2014, says that the company’s revenue increased 1% in the quarter, compared with the third quarter of 2013. In the company’s catalysis business segment, revenues...

Foster Wheeler awarded contract for ExxonMobil Antwerp refinery
Foster Wheeler announced today that it has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical (Esso) for the Antwerp Northwest Europe Resid upgrade project. The contract covers revamp and offsites...

Dow Corning opens expanded health-care application center in Belgium
Dow Corning says it has opened an expanded health-care application center in the company’s European headquarters at Seneffe, Belgium. The facility is intended to serve customers in Europe and combines the company’s silicone materials experience...

Kuraray to sell former DuPont European PVB film business to Luxembourg-based firm GVC
Kuraray says that it has reached an agreement to sell the European polyvinyl butyral (PVB) film business formerly owned by DuPont, including the production facility at Uentrop, Germany; and the R&D center at Mechelen, Belgium, to GVC SA (Luxembourg) for...

Europe's olefins output increases year-on-year, slips sequentially
Production of olefins increased in Western Europe in the second quarter of 2014 compared with the corresponding quarter of last year, but output slipped compared with the previous quarter, according to figures released today by industry association...

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GERMANY

BASF shuffles executive board as one member retires
BASF today appointed Sanjeev Gandhi, 47, to the board of executive directors, effective 1 December 2014. Gandhi, currently head of BASF’s intermediates division, will replace Andreas Kreimeyer, 59, on BASF’s executive board. Kreimeyer will retire...

Report: Private equity firms eyeing Bayer MaterialScience
Private equity firms are mulling possible offers for Bayer MaterialScience (BMS), the German life science company’s major polyurethanes and polycarbonates business, according to a report on Reuters, citing sources familiar with the situation. Analysts...

UK's CBI: 'Competitiveness must be at heart of EU climate discussions'
UK employers' association CBI (London), commenting ahead of a meeting of the European Council in Brussels, says that “competitiveness must be at the heart of European Union climate discussions, and that there must be greater support for energy-intensive...

EU refinery LPG production down 8.5%, demand dips 1.7%
Refinery production of liquefied petroleum gas (LPG) in the European Union fell 8.5% year-on-year (YOY) for the year through August, to about 483,180 bbl/day on average, according to statistics from the Joint Organisations Data Initiative (JODI). This figure...

Private equity firm buys stake in distributor Biesterfeld
Private equity firm Hannover Finanz Group (Hannover, Germany) has agreed to acquire a 28.6% stake in family-controlled plastics and specialty chemicals distributor Biesterfeld (Hamburg). Financial terms of the transaction, which requires approval from the...

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FRANCE

Lubrizol invests in Le Havre plant
Lubrizol says that it has invested $20 million in its blending plant operations at Le Havre, France. “Ensuring supply reliability for our customers as the engine-oil market increases in complexity, and requirements continue to grow over the next few...

Total appoints head of refining and chemicals as its new CEO
Total today named Patrick Pouyanné CEO, following the death of Christophe de Margerie, chairman and CEO, in a plane crash at Moscow airport earlier this week. Pouyanné was until today president of refining and chemicals, and a...

Arkema, CEA and Arjowiggins join forces in printed electronics collaboration
Arkema announced today that it has joined forces with CEA, a research group focusing on energy and technological innovation, and Arjowiggins Creative Papers, the world’s leader in technical paper, to promote collaborative innovation in the field of...

CEO of Total killed in plane crash at Moscow airport
Christophe de Margerie, 63 and CEO of energy major Total, was killed at Moscow’s Vnukovo international airport last night when a business jet collided with a snow plow during takeoff. De Margerie was the only passenger in the Falcon 50 business jet...

Novasep mulls ADC expansion
Novasep (Pompey, France), a supplier of services and technologies to the life sciences industry, told CW during the CPhI trade fair in Paris last week that it is considering building a new antibody drug conjugate (ADC) manufacturing facility, and that the...

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SPAIN

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...

Arkema to end fluorogas production at Spanish site
Arkema has presented to staff a project for the closure of the fluorinated gas production facilities at the company's Zaramillo, Spain, site, by the end of 2014, with the loss of 59 jobs, the company announced today. The Zaramillo site, which manufactures...

Portuguese firm acquires La Seda's PET assets in Italy
 Selenis (Portalegre, Portugal) a subsidiary of Control PET (Santo Tirso, Portugal) has acquired Artenius Italia, the last remaining polyethylene terephthalate (PET)  production company of La Seda de Barcelona (El Prat de Llobregat, Spain), La Seda...

Repsol reports higher earnings, new leadership in place
Repsol (Madrid) has posted net income of €520 million ($698.4 million) in the second quarter, an increase of 95% from the year-earlier period. Net income from downstream operations during the quarter was up 32%, to €162 million. Better petrochemical...

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ITALY

Chemtura to expand ADPA antioxidant capacity at three sites
Chemtura will increase capacity for its Naugalube alkylated diphenyl amine (ADPA) liquid antioxidants at three sites “to prevent predicted future shortages of antioxidants in the automotive petroleum additive industry worldwide.” By 2015, the...

Kemira invests in functional chemicals in Italy
Kemira is making a multimillion-euro investment to expand its process and functional chemicals lines at San Giorgio, Italy. Production is scheduled to start at the beginning of 2015 and reach full capacity by the end of March. "The San Giorgio investment...

Matrìca green chemistry venture holds open day, new units to be added soon
Matrìca, the 50-50 joint venture between Versalis and Novamont, today hosted the International Open Day at Porto Torres, Italy, which provided a chance for the European stakeholders attending the third Bioeconomy Conference in Turin to visit the newly...

Saras to acquire Versalis assets in Sardinia
Saras Group (Sarroch, Italy) has reached a preliminary agreement to acquire certain downstream processing units and related personnel at Versalis's plant at Sarroch. Financial details have not been disclosed. Saras refines 15 million m.t./year, or...

Huntsman integrates polyurethanes downstream into auto parts
Huntsman is moving downstream into auto parts by integrating Gomet, an Italian producer of components for the automotive aftermarket, into its polyurethanes division. Huntsman acquired Gomet with the purchase of several chemical businesses from Rockwood Holdings, a deal that closed on 1 October....

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SWITZERLAND

Roche to invest $1.8 billion to build R&D center at Basel
Pharmaceutical major Roche (Basel, Switzerland) says it will invest about 1.7 billion Swiss francs ($1.8 billion) to construct a new research and development center at Basel. The new research center will comprise four integrated office/laboratory buildings...

BASF to sell global textile chemicals business to Archroma
BASF says that it has agreed to sell its global textile chemicals business to Archroma (Reinach, Switzerland), a supplier of specialty chemicals to the textile, paper, and emulsions industries. Financial details of the deal have not been disclosed. The...

Gurit's sales rise to $88.4 million in third quarter, up 10%
Composite materials supplier Gurit (Zurich) has reported sales of Swiss francs 83.7 million ($88.4 million) in the third quarter of 2014, compared with sales of SF76.1 million in the year ago quarter, or an increase of 10% year-on-year (YOY) in reported...

Syngenta reports higher third-quarter sales, full-year Ebitda margin will be below last year's
Syngenta today reported a 3% growth in integrated third-quarter sales at constant exchange rates, to $2.8 billion, with prices up 3% and volumes unchanged. Excluding solo glyphosate, sales of which are being deliberately reduced to improve profitability...

Givaudan reports increase in sales in third quarter and first nine months, 'sustained volume growth in all markets'
Givaudan (Geneva), a leading flavors and fragrances company, says its sales reached 1.12 billion Swiss francs ($1.18 billion) in the third quarter of 2014 compared with SF1.09 billion in the corresponding quarter of 2013, an increase of 2.6%, or 4.3%...

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AUSTRIA

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...

EPCA 2014: Europe may adapt to increased petchem imports from US
The emerging energy framework driven by shale oil and gas in North America is changing the competitive dynamics of the worldwide petrochemical industry, leaving regions such as Europe at a disadvantage. However, Europe may have fewer reasons to fear low-cost...

EPCA 2014: Healthy outlook for petchem demand growth and industry profitability
Worldwide demand growth for key petrochemical building blocks is expected to be healthy in the coming years, says Mark Eramo, v.p./chemical industry insights at IHS Chemical. Presenting a global petrochemical market outlook at a seminar held today by ...

EPCA 2014: How Europe's petchem industry can stay competitive
The huge buildup of shale-based petrochemical capacity in the United States later this decade will trigger substantial exports of cost-advantaged ethylene derivatives to Europe and inevitably rationalize some capacity in Europe's petrochemical industry, but...

EPCA breaks attendance record, Europe 'at a crossroads'
The 48th European Petrochemical Association (EPCA) annual meeting, taking place in Vienna, has attracted a record number of delegates. EPCA president and Ineos group director Tom Crotty announced today in his opening remarks to the EPCA meeting that the event...

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