Archive | July, 2009

Closures at Wilton, Teesside, chemical site threaten UK industrial base

The blog has been researching an article on the Wilton, Teesside chemical cluster. This site – a key part of the UK chemical industry – has suffered a spate of closures in the last 12 months, accelerating in the last few weeks.With little scope for exporting large amounts of surplus ethylene, the future of Sabic’s […]

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Ukraine ammonium producer Stirol: you learn something every day!

The blog has just met a new colleague at ICIS who told me about Stirol, a company I’d never heard of which may be one of Ukraine’s biggest chemical groups. I can’t find any financial information on the site to back up this claim.Stirol was the first company in the Soviet Union to produce ammonia […]

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Hot globe exploding

ICIS pricing launches Africa polymers report

This blogger is a journalist working for ICIS, the global chemical intelligence group. I write chemical-industry news and analysis for the magazine ICIS Chemical Business. But the largest part of the ICIS group is its pricing service.This has just launched new weekly price reports for polypropylene and polyethylene in Africa. This is a really small […]

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Poland chemical industry privatisation plans in question

Poland’s chemical industry has been trying for years to privatise parts of its chemical industry. The blog has been following these developments for nearly 10 years and there has been little progress.Political inertia is caused by succesive governments altering or abandoning existing plans. And overstaffed, unmodernised factories have remained unreformed as strong unions and succesive […]

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La Seda Wilton plant to close

Another plant is to close at the beleaguered Wilton, Teesside, chemical site, according to ICIS news. I’m researching an article on chemical sites and clusters in the downturn, and have been focussing on Wilton.It has suffered recent closures of Dow’s ethylene oxide plant as well as Invista’s adipic acid plant. Sabic closed its aromatics unit […]

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BorsodChem gets state bailout

Struggling Hungarian pvc-maker BorsodChem is being rescued by the country’s government. I visited the company at its main site in Kazincbarcika in the east of the country, towards the border with Ukraine. This is a really depressed part of the country with high unemployment so it is no surprise the state is willing to step […]

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Akzo Nobel blows the whistle

Dutch chemical group AkzoNobel has received full immunity from a €17.4m fine which would otherwise have been imposed by the European Commission following an investigation into price fixing involving the company’s Calcium Carbide business between November 2004 and November 2006.According to chemie.de the infringement was reported to the European Commission by AkzoNobel at the end […]

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Torn US one dollar bill, close-up, full frame. (B/W)

Hungary chemical production plummets by 30% in January

A new report out by www.companiesandmarkets.com shows just how badly Hungary’s chemical sector has been hit by the slump in demand domestically and in export markets. Exports of chemicals contracted by 35%. Domestic sales of industrial products were 5% lower in January 2009. Hungarian industrial production contracted by a staggering 23.3% y-o-y in December.The report […]

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Boundary changes in oil-rich Sudan

An international ruling redefines the boundaries of the disputed oil-rich Abyei region claimed both by north and south Sudan:http://www.reuters.com/article/africaCrisis/idUS124832275358View Larger Map

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Libya closes in on Ukraine chemicals plant and farm project

Ukraine has invited Libyan companies to bid for a large fertiliser factory, Prime Minister Yulia Tymoshenko said after talks with her Libyan counterpart, Al-Baghdadi Ali al-Mahmoudi, according to interactiveinvestor.com.“Ukraine has been trying to sell the Odessa Port chemicals plant for years and had been previously stopped by presidential decrees. This time round, President Viktor Yushchenko […]

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