IHS Chemical Week

Regions :: Western Europe :: U.K.

U.K. (993)


BP's petchem loss widens
BP's petrochemicals business posted an underlying loss before interest and tax of $98 million in the second quarter on a replacement cost (RC) basis compared with an underlying RC loss before interest and tax of $24 million in the year-earlier period. Sales...

Elementis's profits and revenues rise
Elementis today announced its interim six-month results, reporting a 5% rise in operating profit, to $76.8 million. Sales were up 3%, to $400 million, while operating margin, at 19%, remained the same as in the first six months of 2013. “Elementis has...

UK government invites bids for large-scale shale fracking
The government has today announced plans to open large parts of the United Kingdom for oil and gas exploration, including unconventional oil and gas that can only be produced by fracking. The 14th onshore licensing round is inviting companies to bid for...

BP names replacement for chief executive/downstream
BP has announced that Iain Conn, group managing director and chief executive/downstream, is leaving the company and is to step down from BP’s board by the end of the year. Conn has been with BP for 29 years, serving on the board for the past 10 and...

Reckitt Benckiser to spin off pharmaceuticals business
Following a strategic review announced last October, Consumer goods group Reckitt Benckiser (RB; Slough, UK) said today that it plans to spin off its pharmaceuticals business. “We believe that RB Pharmaceuticals has the potential to deliver...

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