Europe’s top stories: weekly summary

28 October 2013 09:00  [Source: ICIS news]

LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 25 October 2013.

Grangemouth petchems ops to restart following union climbdown
The Grangemouth, UK, petrochemicals complex owned by INEOS is set to reopen after trade body Unite agreed on Friday to the Switzerland-based chemicals producer’s survival plan for the facility.

Europe ADA chain 2014 outlook good despite plant outages
The European adipic acid (ADA) chain outlook for 2014 is positive despite 2013 plant outages due to a lack of profitability, sources said this week.

INEOS Grangemouth petchems complex to remain offline
The Grangemouth, UK, petrochemicals complex operated by Switzerland-based INEOS is to remain closed, the company confirmed on Wednesday.

Employee vote deadline for the future of Grangemouth expires
The deadline for employees at the oil and petrochemicals complex in Grangemouth, UK, to vote on proposals that owner INEOS claims are necessary for the plant's future has expired, the company said on Tuesday.

Dutch AkzoNobel Q3 net profit rises 41% on lower restructuring costs
AkzoNobel posted a 41% year-on-year increase in third-quarter net profit to €155m ($212m), aided by lower restructuring costs and strong sales volumes, the Dutch paints and coatings producer said on Monday.

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By: Staff Reporter
+44 20 8652 3214

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