NETHERLANDS

... Shell’s Chemical Profits Plunge
Shell’s chemical business posted a big drop in second-quarter profits to $157 million, from $626 million a year earlier. The chemical business reported a $142-million loss for...

Akzo’s Net Income Falls on Decorative Paint, Unfavorable Currency Exchange Rates; DSM's Profits Soar on Strong Nutrition Results (update)
Akzo Nobel reported second-quarter net income down 18%, to €184 million ($289 million), on sales up 2%, to €3.9 billion. “AkzoNobel showed a resilient performance to the changing world economy in the first half of the year,” says CFO Keith Nichols...

Dow Announces Further European PS Cuts
Dow Europe says it temporarily stopped production of all polystyrene (PS) grades at its 50,000-m.t./year Terneuzen, the Netherlands plant last week. Dow idled one of its two styrene units at Terneuzen last month, reducing the company’s European styrene...

Costs Rise for Yara’s Large Urea Plant in the Netherlands
Yara says that the cost of its previously announced urea project at Sluiskil, the Netherlands has increased to about €400 million ($627.7 million), from €300 million (CW, Oct. 31, 2007, p. 16). The 1.3-million/year plant, due onstream in 2011, will...

Lonza and Novartis Jointly to Develop and Manufacture Biologics Products
Lonza says it has entered into a long-term strategic partnership with Novartis for the joint development and manufacture of Novartis's biologics pipeline. R&D activities over the past few years have resulted in a sharp increase in the number of biological...

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