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Innovation Awards 2004
After 14 weeks of anticipation, we reveal the finalists for the ECN Innovation Award 2004. Launched in mid-April, and sponsored by Dow Corning, the.... more
(02 August 2004 15:44)
Wanted: more chemists
Attracting more students to study chemistry is imperative if the European chemical industry is to sustain future developments, writes Emma Chynoweth more
(02 August 2004 14:57)
Western Europe’s Petrochemicals Sector Prepares For Change
Western Europe’s petrochemicals industry is in the unprecedented position of having large chunks of its assets up for sale because some of its key.... more
(06 August 2004 20:01)
Novozymes Diversifies Uses for Hyaluronic Acid
Novozymes plans to extend the scope of its pharmaceutical applications for hyaluronic acid into areas such as drug delivery systems, medical devices.... more
(06 August 2004 20:01)
News in Brief
Eastman Completes Sale to Apollo more
(06 August 2004 20:01)
Chinese Soy Trade Disruptions Impact Agribiz Oilseed Margins
Agribusiness majors reported negative quarterly operating results from their oilseed businesses brought on by the disruption in Chinese soybean.... more
(06 August 2004 20:01)
Oils in Brief
Cognis Corp. is raising prices for its line of Empol dimer acids and derivative products sold to the polymers, coatings and inks markets, effective.... more
(06 August 2004 20:01)
Oils Spot Prices
LATE SPOT PRICES more
(06 August 2004 20:01)
US Fats and Oils To Reach 12.3 MM Tons in ‘08
US production of fats and oils is projected to increase at an average annual growth rate (AAGR) of 1 percent, from 11.8 million metric tons last year.... more
(06 August 2004 20:01)
Jobs and People
Don G. Burstyn more
(06 August 2004 20:01)
Petrochemicals in Brief
Adipic Acid Invista Intermediates is increasing the price of its Adi-Pure high purity adipic acid sold in the US by 10c. per pound effective August 1.... more
(06 August 2004 20:01)
Ethylene Glycol Prices See $100 Increase
After several months of little to no movement, the global ethylene glycol (EG) market has surged significantly in the past two weeks with prices.... more
(06 August 2004 20:01)
DEG and TEG Prices Surge
With the market for ethylene glycol (EG) continuing to strengthen, its co-products diethylene glycol (DEG) and triethylene glycol (TEG) have become.... more
(06 August 2004 20:01)
Pharma in Brief
adipic acid Astaris LLC has increased the price of food-grade adipic acid by 10c. per pound, effective August 15, or as contract terms permit. The.... more
(06 August 2004 20:01)
Schering, Shire on Target for Launch Despite Delay
Amid a recent string of accelerated Food and Drug Administration (FDA) approvals and the granting of priority review for certain new medicines, the.... more
(06 August 2004 20:01)
Nektar in Technology Pact with Pfizer, Enzon
San Carlos, Calif.-based Nektar Therapeutics signed separate agreements last week with Enzon Pharmaceuticals Inc. and Pfizer Inc., both related to.... more
(06 August 2004 20:01)
IT in Brief
Oracle in SCM more
(06 August 2004 20:01)
Fine Chemicals Insight: China and India Strategies for Western Companies
With the fine chemicals markets in China and India becoming increasingly sophisticated, the shift of pharmaceutical outsourcing to those countries is.... more
(06 August 2004 20:01)
Countdown: Strategic Sourcing Summit & Showcase
Michael Niemira, chief eco-nomist and director of research, In-ternational Council of Shopping Cen-ters, will again be sharing his insight into the.... more
(06 August 2004 20:01)
US Economic Growth Likely to Moderate in 2005
Michael P. Niemira, chief econo-mist and director of research, Inter-national Council of Shopping Centers, who is one of the featured speakers at the.... more
(06 August 2004 20:01)
Sasol to Bolster Worldwide Polymers Capacity
Johannesburg, South Africa, based-Sasol Ltd. has confirmed plans to boost its global polymers capacity to 1.545 million metric tons per year from a.... more
(06 August 2004 20:01)
Push to 300 mm Wafers Drives Semicon Market
With the US economy hardwired to semiconductor innovation, producers and manufacturers are forced to keep pace. The San Jose, Calif.-based trade.... more
(06 August 2004 20:01)
Specialties Pricing
AIR PRODUCTS and Chemicals Inc., as of July 15, has increased the global price of dimethylaminopropylamine by 3c. per pound. On August 1, the.... more
(06 August 2004 20:01)
J&J to Invest $650 MM in Ireland
Ireland believes it can become one of the world's largest locations for biopharmaceutical production following its success in becoming a major center.... more
(06 August 2004 20:01)
BASF Posts Healthy Second Quarter Results
BASF increased sales by 13 percent to E9.3 billion ($11 billion) and operating profit before special items by 44 percent to E1.2 billion in the.... more
(06 August 2004 20:01)
Smart moves pay
A chemicals company takes the lead and demonstrates how applying a clever blend of caution and commitment to its customer strategy helped turn.... more
(02 August 2004 14:55)
Codexis inks key deals with pharma majors
US-based biosciences firm Codexis has signed key collaboration deals with US pharmaceutical major Pfizer and Swiss-based fine chemicals and biotech.... more
(02 August 2004 14:49)
Innovation Award - the final round
Innovation in the chemicals sector continues to attract the limelight, with EU, member state and industry initiatives proliferating in an attempt to.... more
(02 August 2004 15:01)
Law change will block activist action
The UK government plans to introduce further restrictions on the activities of animal rights protesters. more
(06 August 2004 15:53)
Business in brief
Technology deal
Engelhard of the US has bought The Collaborative Group, a high growth company that provides products and services to the.... more
(06 August 2004 15:53)
Speciality chemicals in lead
Germany’s Altana says its speciality chemicals division is outperforming the rest of the industry, with sales growth accelerating throughout the.... more
(06 August 2004 15:53)
Will Basell find a new home in Asia?
Asian or Middle Eastern petrochemicals companies are the most likely potential buyers for the Shell-BASF polyolefins joint venture Basell, according.... more
(06 August 2004 15:53)
Clariant: climbing out of debt
Clariant has sharply reduced its debts, following a solid first half-year’s trading. more
(06 August 2004 15:53)
Privatisation gets go-ahead
The Israeli government has authorised the break-up and privatisation of the Haifa-based Oil Refineries company, Bazan. more
(06 August 2004 15:53)
Sales penalty nets SEC $150m
US Pharmaceutical company Bristol-Myers Squibb has agreed to pay the US Securities and Exchange Commission (SEC) $150m to settle charges of improper.... more
(06 August 2004 15:53)
BASF steam cracker fails
BASF declared force majeure on ethylene following a compressor failure in steam cracker II at Ludwigshafen. more
(06 August 2004 15:53)
CDT to issue Nasdaq shares
UK-based Cambridge Display Technology (CDT), which makes and licenses technology for next-generation polymeric light-emitting diodes, plans to issue.... more
(06 August 2004 15:53)
Eastman sells CASPI business
Resolution Specialty Materials has become the owner of much of Eastman Chemical’s coatings, adhesives, speciality polymers and inks (CASPI) business.... more
(06 August 2004 15:53)
Kemira group profits up 35%
Finland’s Kemira saw first-half operating profits up by 35% (€109m) on the same period in 2003, with all strategic business units contributing to.... more
(06 August 2004 15:53)
PKN Orlen break-up goes international
Poland’s PKN Orlen, which won a tender for the Czech government’s 63% stake in Unipetrol, plus a package of state-held receivables in April, will.... more
(06 August 2004 15:53)
WTO to reduce subsidies
The stage is set for further chemical tariff reductions following the World Trade Organisation agreement in Geneva, Switzerland on 1 August. more
(06 August 2004 15:53)
Total margins suffer
Total’s petrochemicals business suffered from poor margins in the second quarter, as its operating profits fell 20% to €147m even though turnover.... more
(06 August 2004 15:53)
How to get ahead? – with advertising!
The global chemical industry has been in the doldrums for a number of years, and the pinch has been felt particularly hard in North America, with.... more
(06 August 2004 15:53)
EPA to approve pesticides without need to consult
The US Environmental Protection Agency (EPA) has been given authority to approve pesticides without having to consult agencies over whether the.... more
(06 August 2004 15:53)
Calls for ban on Bayer’s Gaucho
German beekeepers and environmental groups have called on federal minister for agriculture Renate Künast to ban Bayer’s pesticide Gaucho (also sold.... more
(06 August 2004 15:53)
Government approves NAP
Germany’s federal cabinet on Wednesday approved the legal framework for a national allocation plan (NAP) under new EU emissions legislation. more
(06 August 2004 15:53)
Environment in brief
UK applause
The UK’s Environment Agency has applauded the chemical industry’s continued improvement in environmental performance. According.... more
(06 August 2004 15:53)
Canada calling
A host of R&D advantages, from tax incentives to plentiful feedstock resources, await those chemical companies that put down roots in Canada’s.... more
(06 August 2004 15:53)
Hey, big spender
After some 15-20 years of steady growth through acquisition, Hunstman is cutting a whopping $200m from its global spend, chiefly through plant.... more
(06 August 2004 15:53)
Millennium transition
Lyondell’s acquisition of Millennium Chemicals will not only help consolidate its balance sheets, it will also confim the chemical company’s position.... more
(06 August 2004 15:53)
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INSIGHT: INEOS pushing to the limits
"In effect it wants two quarters of breathing space" more
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