IHS Chemical Week

Regions :: Western Europe

U.K. (1007)

Sweden (170)

Finland (236)

Denmark (138)

Netherlands (620)

Belgium (675)

Germany (2043)

France (753)

Spain (180)

Italy (287)

Switzerland (506)

Austria (129)


U.K.

CEO of specialty chemicals firm Alent resigns
Specialty chemicals firm Alent (Woking, UK) says that Steve Corbett is today standing down as CEO. Rick Ertmann, Alent’s president/assembly materials, will be the interim CEO while the board finds a permanent successor. Alent, which was demerged...

Johnson Matthey acquires US catalysis firm
Johnson Matthey says it has acquired Catacel (Ravenna, OH), a maker of high-heat transfer catalysts for gases production and reactors for fuel processing in fuel cells. The deal's financial terms, including purchase price, have not been disclosed. Catacel...

Ineos and Doeflex combine PVC compounding operations
Ineos announced today that its Ineos Compounds unit and Doeflex Compounding have combined their polyvinyl chloride (PVC) compounding operations. The news follows a recent approval by the European Commission to go ahead with the plan. The newly combined...

UK chemical road tanker firm changes hands
Bulk logistics and transportation company Suttons Group (Widnes, UK) says it has acquired bulk chemical road transport company Imperial Tankers (Stockton-on-Tees, UK) from Hargreaves Services (Durham, UK). Hargreaves says that the cash transaction is valued...

Duo UK to produce mailing bags using Braskem's Green PE
Resin Trade (Burton on Trent, UK), a polymer distribution company, has selected polyethylene (PE) bag manufacturer Duo UK to be the first UK-based company to produce mailing bags using Green PE, made entirely from sugarcane ethanol. Green PE has been...

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SWEDEN

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...

Ineos and Doeflex combine PVC compounding operations
Ineos announced today that its Ineos Compounds unit and Doeflex Compounding have combined their polyvinyl chloride (PVC) compounding operations. The news follows a recent approval by the European Commission to go ahead with the plan. The newly combined...

Borealis reports improved results, says ethane deal will reduce costs significantly
Borealis today reported improved second-quarter results and said that the recently signed contract with North American ethane suppliers will reduce its operating costs in Europe. Mark Garrett, CEO, speaking to CW this morning, said that Borouge...

Borealis to import ethane from the US to feed ethylene plant in Sweden
Borealis announced today that it has signed a 10-year agreement with Antero Resources (Denver, CO) to supply ethane from the United States for its flexible steam cracker at Stenungsund, Sweden. The plan also includes a shipping agreement with Navigator...

Arkema and Omya enter plastic additives distribution agreement in Europe
Omya and Arkema today announced an agreement under which Omya will market Arkema's plastic additives range for various polymer markets, including impact modifier and processing aid solutions, across Europe except for Spain and Portugal. The agreement covers...

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FINLAND

Kemira adjusts medium-term targets, maintains 2014 outlook
Kemira has adjusted its medium-term sales target. The company says that its revenue will be €2.7 billion in 2017 after previously targeting 2016 revenue of €2.6-2.7 billion. The company delayed its Ebitda margin target of 15% from 2016, until 2017...

ECHA consults on recommendation that 22 substances be added to Reach authorization list
The European Chemicals Agency (ECHA; Helsinki) says it has launched a public consultation on its earlier recommendation that 22 substances be added to the list of substances subject to authorization under the European Union's Regulation, Evaluation...

Waste-to-bioethanol plant to be built in Finland
North European Bio Tech Oy (NEB; Helsinki) has made an investment decision concerning the construction of a bioethanol plant on the Renforsin Ranta industrial estate, at Kajaani, Finland, the company says. The raw material for the plant will be sawdust from...

Tikkurila sales fall 7.4% in second quarter, EPS increases slightly
Paints and coatings company Tikkurila (Helsinki) says its profitability for the first half of 2014 was “good despite weak demand in Russia.” First-half revenue was €334.4 million ($449 million) compared with €346.7 million in first-half...

Kemira reports lower profits and revenues, looking for acquisitions
Kemira today reported its second-quarter results, with net profit down to €1.8 million ($2.4 million) from €3.7 million in the year-earlier quarter. Revenues decreased 9%, to €518.2 million, because of divestments and unfavorable currency...

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DENMARK

Seattle Genetics and Genmab enter into antibody-drug conjugate collaboration
Biotechnology companies Seattle Genetics (Bothell, WA) and Genmab (Copenhagen) say that they have entered into an additional antibody-drug conjugate (ADC) collaboration. Genmab, under the new agreement, will pay an upfront fee of $11 million for exclusive...

FMC to acquire Danish crop protection firm Cheminova for $1.8 billion (update)
FMC says that it has signed a definitive agreement to acquire crop protection company Cheminova (Harboøre, Denmark), for about 10.5 billion Danish kroner ($1.82 billion). Cheminova is a wholly owned subsidiary of Auriga Industries, which is listed on...

Haldor Topsoe awarded contract for fertilizer plant in Turkmenistan
Haldor Topsoe today announced that it has been selected, in collaboration with Mitsubishi Heavy Industries (MHI; Tokyo), to design the ammonia plant in the previously announced large-scale fertilizer manufacturing complex to be built at Garabogaz...

Novozymes' net profit grows more than 6%, upgrades earnings outlook
Novozymes (Bagsvaerd, Denmark) reported a net profit of 591 million Danish kronor ($105.9 million) in the second quarter of the year, up 6.3% year-on-year (YOY). Ebit also grew by more than 7% YOY, to DK787 million, and revenue grew by just more than 1%, to...

Haldor Topsoe closing subsidiary because of sales, earnings drops
Haldor Topsoe today announced plans to close a fuel cell subsidiary that focuses on developing and commercializing components and technology for high-temperature solid oxide fuel cells (SOFCs). Haldor Topsøe, as part of the planned closure, will put...

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NETHERLANDS

Shell to rebuild Moerdijk POSM plant
Shell Chemicals says it will rebuild the MSPO-2 propylene oxide–styrene monomer (POSM) plant at the company's Moerdijk, Netherlands, facility. In a statement issued on 17 September, Shell says it has determined the cause of an explosion that destroyed the plant in June and that it “is convinced that a similar incident can be prevented from occurring again in the future.”...

AkzoNobel and Photanol to jointly develop green chemicals
AkzoNobel and cleantech company Photanol (Amsterdam) have teamed up to develop a process for harnessing the power of sun to make chemicals, AkzoNobel says. The collaboration is focused on Photanol's proprietary technology, which uses light to directly convert...

Neste Oil to build biobased propane unit at Rotterdam refinery
Neste Oil will build a biobased propane unit at its Rotterdam refinery, the company has announced. The investment will also include storage tanks and pipework, Neste says. The project will start immediately, and the plan is to begin sales of biobased propane...

Industrial action disturbs AkzoNobel's chlor-alkali production at Botlek
Industrial action is disrupting production at AkzoNobel's chlor-alkali plant at Botlek, Netherlands, in the port of Rotterdam. The plant forms part of a large cluster of units operated by different companies that are interconnected by pipeline and...

AkzoNobel simplifies structure of performance coatings business
AkzoNobel has announced plans to simplify the structure of its performance coatings business. The new structure, which will become fully operational in January 2015, will reduce the number of global management layers. The business will be managed through...

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BELGIUM

Evonik breaks ground on methionine dipeptide plant at Antwerp
Evonik Industries held a groundbreaking ceremony for the first methionine dipeptide production plant at Antwerp, the company announced today. The product, a dipeptide made up of two methionine molecules and to be marketed as Aquavi Met-Met, is a feed additive...

EU-funded research identifies 30 plant molecules that could substitute synthetic ingredients
Researchers have identified 30 promising molecules as part of the European Union-funded Agrocos project, which is prospecting the plant world for natural substitutes to synthetic ingredients currently used in cosmetics and in crop protection products such as...

BASF starts up 155,000-m.t/year butadiene unit at Antwerp
BASF has started up a butadiene extraction plant at the company's Antwerp complex, the company announced today. The plant has an annual production capacity of 155,000 m.t. It is BASF’s second butadiene plant in Europe. BASF's other butadiene extraction...

Solvay to acquire CPChem’s PPS assets for $220 million
Solvay has a reached a deal to acquire the polyphenylene sulfide (PPS) business of Chevron Phillips Chemical (CPChem) for $220 million. Solvay will acquire two Ryton PPS resin manufacturing units at Borger, TX; its pilot plant along with its PPS R&D...

EU chemical output down in June, first-half production up slightly
Europe's chemicals output dipped in June for the second straight month after growing eight consecutive months, according to the latest Cefic Chemicals Trends Report, published today. No baseline figures have been provided. With the exception of consumer...

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GERMANY

Merck KGaA steps up investment in biosimilar activities
Merck KGaA, says its biopharmaceutical division is well on track with the implementation of the group’s “Fit for 2018” transformation and growth program. At an analysts and investor day at Darmstadt on Friday of its Merck Serono biopharma...

Bayer to float Bayer MaterialScience on the stock exchange as an independent company
Bayer today announced plans to separate Bayer MaterialScience (BMS), its polyurethanes and polycarbonates unit, and float it on the stock exchange as an independent company within the next 12-18 months. The move was decided by the Bayer managing board on 2...

Merck KGaA appoints deputy CEO and head/pharma
Belén Garijo, currently CEO of Merck Serono, will take on responsibility for the whole pharma business. Merck KGaA (Darmstadt, Germany) says that its board of partners has promoted Stefan Oschmann to deputy CEO and vice chairman of the executive board...

Bayer CropScience forecasts significant growth in agchems markets, confirms capex plans
Bayer CropScience (BCS), the world’s second largest agricultural chemicals producer, at its annual press briefing in Monheim, Germany today said that it is optimistic about future development of the agchems markets and it will continue to invest...

Lupin to manufacture Merck Serono drugs under $1.5-billion deal?
Merck KGaA today declined to comment on a report in The Economic Times of India that it is close to signing a deal, worth $1.5 billion, with India’s pharma major Lupin (Mumbai). The report, citing sources close to the deal, says Lupin is in advanced...

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FRANCE

Arkema offers to acquire Total’s adhesives subsidiary Bostik for €1.74 billion
Total says it has received an offer from Arkema to acquire Total’s wholly owned adhesives subsidiary, Bostik (Paris). Arkema’s offer values Bostik at €1.74 billion ($2.24 billion), representing 11 times the company’s Ebitda. Bostik is...

Butachimie to gain more autonomy as Solvay and Invista extend jv agreement
Solvay said today that it has extended its Butachimie joint venture agreement with Invista for an additional 99 years. Butachimie produces nylon 6,6 intermediates at Chalampé, France. The companies in April settled a dispute relating to adiponitrile...

Vencorex to convert chlorine plant in France to membrane technology
Vencorex, a joint venture in which PTT Global Chemical (PTTGC; Bangkok) holds 85% and Perstorp 15%, said today that it plans to convert its diaphragm process chlor-alkali plant at Pont-de-Claix, France to membrane technology. The facility, designed to produce...

PTT Global Chemical raises stake in Vencorex PU JV with Perstorp
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemicals producer, has confirmed CW’s exclusive report that it is raising the stake in Vencorex, its polyurethanes (PU) joint venture with Perstorp (Perstorp, Sweden). PTTGC announced...

Solvay shuts down adipic acid plant at Chalampé for maintenance
Solvay says it will shut down its adipic acid and KA-oil (Olone) manufacturing plant at Chalampé, France for maintenance for six weeks in September and October. Manufacturing will be completely stopped to allow the inspection of equipment. This...

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SPAIN

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...

Israel Chemicals and AkzoNobel link in salt and white potash joint venture
Israel Chemicals Ltd. (ICL) and AkzoNobel announced today that they have signed a nonbinding memorandum of understanding (MOU) to collaborate on the long-term production and marketing of vacuum salt and white potash. The MOU signed by AkzoNobel and...

Cepsa and Golden Agri-Resources plan joint venture in palm oil derivatives
Cepsa (Madrid) and the Singapore-listed Golden Agri-Resources (GAR) plan to combine forces to market and distribute edible oils and related products, including fatty acids and alcohols. Cepsa Quimica, its parent company IPIC (Abu Dhabi), and GAR have applied...

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ITALY

Jacobs completes work on Huntsman's iron sulfate plant in Italy
Jacobs Engineering says it has recently completed Huntsman pigments segment's new, €38-million ($50.7 million) iron sulfate plant at its titanium dioxide pigment manufacturing facility at Scarlino, Italy. Jacobs worked with Huntsman on the project from...

Novomer appoints distributor for its PPC polyols in Italy
Novomer (Waltham, MA) says it has appointed Reschem Italia (Parabiago, Italy) as its authorized distributor of Converge-registered polypropylene carbonate (PPC) polyols in Italy. Reschem Italia will distribute commercial quantities of Novomer’s new 1000...

Versalis's losses widen, sales and production decline
Versalis (Milan), the chemicals arm of Italy’s energy major ENI (Rome), today reported widening operating and net losses and a decline in revenues and production. The company, which is undergoing a major transformation, reported an adjusted...

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...

Italian court nullifies Invista's barrier patent, says M&G
M&G Chemicals (Luxembourg) says that an Italian court has confirmed a ruling against Invista, declaring void the Italian counterpart of its patent for polyethylene terephthalate (PET) barrier resin for bottles....

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SWITZERLAND

ATP Adhesive Systems expanding plant in Germany
ATP Adhesive Systems (Wollerau, Switzerland) says it is expanding its adhesives production facility at Mihla-Buchenau Germany, with an investment of €20 million ($25.9 million). The expansion will include a new coating line for adhesives products; new...

Asco Carbon Dioxide and Buse Gastek form CO2 process and dry ice technology joint venture
Buse Gastek (Bad Hönningen, Germany) is merging its carbon dioxide (CO2) division engaged in production and recovery, plant construction, and dry ice technology with the Swiss company Asco Carbon Dioxide (Romanshorn, Switzerland), a subsidiary of...

Invista licenses R2R technology to Ariha for new standalone facility
Invista Technologies (St. Gallen, Switzerland) says it has licensed Invista’s R²R technology to Ariha Chemicals (Mumbai). Ariha plans to build the first standalone facility based on R²R, a technology for recovering byproducts from the waste stream of purified terephthalic acid (PTA) production....

Ineos and Doeflex combine PVC compounding operations
Ineos announced today that its Ineos Compounds unit and Doeflex Compounding have combined their polyvinyl chloride (PVC) compounding operations. The news follows a recent approval by the European Commission to go ahead with the plan. The newly combined...

Siegfried reports a slight increase in profits
Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million). First-half sales decreased 16%, however, to SF165.1 million. Fluctuations in...

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AUSTRIA

Lenzing reports lower sales and earnings, speeds up savings plan
Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined from 13.7% in the first half of last year to 10.2%. Ebit more than halved...

Borealis reports improved results, says ethane deal will reduce costs significantly
Borealis today reported improved second-quarter results and said that the recently signed contract with North American ethane suppliers will reduce its operating costs in Europe. Mark Garrett, CEO, speaking to CW this morning, said that Borouge...

OMV posts slight decline in petchem profit on lower ethylene margins
Energy company OMV (Vienna) says that operating profit at the company's petrochemicals business was €40 million ($53.4 million) in the second quarter, slightly lower than in the corresponding period of 2013 mainly because of lower ethylene margins. The...

ECHA announces four CLH dossiers submitted, two intentions added
The European Chemicals Agency (ECHA; Helsinki) says that European Union member states have indicated their intention to submit harmonised classification and labelling (CLH) dossiers for two substances, and dossiers have been submitted for four others. The new...

ECHA adds four substances to registry of intentions as potential SVHCs
The European Chemicals Agency (ECHA; Helsinki) says that four potential substances of very high concern (SVHC) have been included in the registry of intentions. European Union member states intend to prepare dossiers on these substances to make a case for...

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