IHS Chemical Week

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U.K. (987)


Johnson Matthey reports lower profits, flat sales
Johnson Matthey says it made progress in the first quarter of 2014/15, covering 1 April–30 June, in the face of headwinds from the effect of foreign currency translation and the loss of commission revenue from Anglo American Platinum. Sales excluding...

Croda's sales and earnings down, unlikely to match last year's pretax profit
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating profit was 10.7% lower, at £63.6 million. Consumer-care sales were...

AbbVie to acquire Shire for $55 billion
The boards of AbbVie (North Chicago, IL) and Shire (Dublin) announced today that they have reached agreement for AbbVie to acquire Shire for approximately £32 billion ($54.7 billion). The price represents a premium of approximately 53% to the price of...

BP lifts force majeure at UK acetic anhydride plant
BP Chemicals Ltd. (BPCL), a BP subsidiary, has lifted the force majeure at the company's 154,000-m.t./year acetic anhydride plant at Saltend, near Hull, UK, the company confirmed today. "The unit is running so we lifted [force majeure] FM at 00.01 this...

Chinese specialty chemicals firm plans to list in London
GTS Chemical Holding, a specialty chemicals producer and the largest manufacturer of ammonium sulfite in China, today announced its intention to proceed with a fundraising and application for the admission of its ordinary shares to trading on AIM, a market of...

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