IHS Chemical Week

Regions :: Western Europe :: Belgium

Belgium (739)


Solvay's net profit soars but functional polymers sales shrink
Solvay today reported net income of €158 million ($179.4 million) during the last quarter of 2014, up from €29 million one year earlier. Recurring Ebitda (Rebitda) was €414 million, up 10% year-on-year (YOY) from €375 million. Solvay...

Rare Europe-to-Asia arbitrage opens as Europe's benzene market lengthens
A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into March. Given recent expansions in Asia's aromatics capacity, the more usual...

Private equity firm Apax Partners confirms acquisition of specialties distributor Azelis
Private equity company Apax Partners has signed a binding agreement to acquire specialty chemicals distributor Azelis (Antwerp) from another private equity firm, 3i Group. Apax and 3i announced earlier this month that they had entered into exclusive...

Oiltanking sells minority stakes in two European terminals to investment firm
Oiltanking (Hamburg) says that it has agreed to divest stakes of 45% in two of the company's tank storage terminals in northwest Europe, to 3i Infrastructure. The terminals are at Terneuzen, Netherlands and Ghent, Belgium. Financial terms of the deal have not...

Lonza and TiGenix sign manufacturing agreement
Lonza and TiGenix (Leuven, Belgium), a biopharmaceutical company focused on developing and commercializing therapeutics from allogeneic expanded adipose-derived stem cells (eASCs) in inflammatory and autoimmune diseases, have signed an agreement for the...

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