IHS Chemical Week

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Germany (1992)


GERMANY

Wacker upgrades annual earnings forecast on restructured polysilicon contracts
Wacker Chemie said today that it has upgraded its annual Ebitda projection. Ebitda for 2014 is now projected to be at least one-third higher than last year’s €678.7 million ($915.2 million). Before the upgrade, Wacker had expected to surpass its...

AkzoNobel and Evonik join forces in membrane cell chlor-alkali project in Germany
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site. The companies plan to form a joint venture to construct and operate the...

Evonik Industries to build polymer dispersants plant in Germany
Evonik Industries is investing in a new polymer dispersants plant at Essen, Germany, the company announced today. The project, which will involve an investment in the “low double-digit million euro range”, will triple capacity for polymer...

Report: Private equity firm prepares to divest PVC maker Vestolit
Private equity firm SVP Global is preparing to sell vinyls company Vestolit (Marl, Germany) in a deal potentially valued at about €300 million, according to a Reuters report today. SVP has hired investment bank Jefferies (New York) to seek a buyer...

Merck Serono appoints head of R&D
Merck Serono, the biopharmaceutical division of Merck KGaA, has announced the appointment of Luciano Rossetti as executive v.p. and head/R&D as of 21 July.  In his most recent role, Rossetti acted as senior v.p./late-stage development at Merck Sharp...

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