IHS Chemical Week

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FRANCE

Borealis to divest Biosuper business in France
Borealis is divesting its Biosuper business in France, the company announced today. The Biosuper brand, a phosphate-based dryer used in animal stables; and the related production equipment will be transferred to the new owner, Eliard SPCP (Pontivy, France)...

Arkema's net profit falls by more than a half as sales drop; delays sales, earnings targets
Arkema's quarter-two net income fell by 58%, to €47 million ($63 million) from €112 million one year earlier, according to the company's latest results published today. Ebitda amounted to €206 million, down from €273 million in the second...

Air Liquide's quarter-two revenue down 2.4%
Air Liquide reported €3.77 billion in revenues during the second quarter, down 2.4% year-on-year (YOY), according to the company's results published today. The figures exclude foreign exchange, cost of natural gas, and significant M&A impacts...

Electricity producer EDF agrees to cut power prices for France's biggest industrial consumers
State-controlled electricity generator and supplier EDF (Paris) has signed a memorandum of understanding (MoU) with Exeltium, a consortium of France's biggest industrial electricity consumers, under which EDF will adjust its long-term supply contract with...

Private equity–backed Polynt offers to buy Total's CCP Composites
CCP Composites (Courbevoie, France), a Total subsidiary specialized in composite resins; and Polynt Group (Scanzorosciate, Italy) plan to combine in a deal that would create an integrated composite resins producer that would rank first in Europe and third...

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