Archive | September, 2009

Chemicals journalist clears scrub for National Trust

The blog spent last Friday working with fellow Reed Business Information staff to maintain a rare chalk meadow habitat at Box Hill, Surrey, UKLook out for a fellow wearing a dandy flat cap! RBI Volunteer Day at Box Hill from Adam Tinworth on Vimeo.

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Close-up of the flag of Poland

Bidders shortlisted for Poland chemical privatisation

Poland’s privatisation agency, Nafta Polska, has unveiled its shortlist for the chemical sell off it is planning. According to ICIS news, US-based private equity firm Bain Capital; London-based private equity firm Cinven in a consortium with Polish human resource and interim management services company Kolaja & Partners; German chemical company Petro Carbo Chem (PCC); National […]

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Poland’s construction chemical market falls

Bad news for construction chemical manufacturers serving the Poland according to a new report. Annual declines in demand of 5% are forecast for 2010 and 2011. The only surprise here here is that the falls are not more severe.“After an excellent 2004-2008, a much slower development of the Polish economy as well as drying up […]

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Poland runs out of gas for chemicals?

Poland may have to cut chemical production if supplies of natural gas run out later this year, according to a Reuter’s report. This could have a big impact on chemical producers such as Police, Pulawy and Anwil which were affected last year during the Ukraine gas dispute.“Poland’s gas monopoly PGNiG estimates it will be short […]

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Arkema upskales carbon nanotube technology

French chemical group, Arkema, are pushing further into nanotechnology by building a 400 tonne/year plant, scheduled for startup in 2011. Together with BayerMaterialScience, DSM and others, Europe is really pushing forward with this technology.Here is some of the press release: “Arkema announced the construction of a carbon nanotube (CNT) pilot production plant at its Mont […]

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Close-up of stacks of bank notes

Poland chemical privatisation deadline passes

This week the deadline for preliminary bids in Poland’s chemical privatisation plan passed.According to ICIS news, only Germany’s Petro Carbo Chem (PCC) has publicly declared that it is a confirmed bidder for the package, which comprises Ciech, Zaklady Azotowe Tarnow (ZAT) and Zaklady Azotowe Kedzierzyn (ZAK).The blog wonders whether the whole thing may fail if […]

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China’s Yantai Wanhua pursues BorsodChem

View BorsodChem in Hungary in a larger mapBorsodChem’s Kazincbarcika PVC plantChina’s largest Methylene Diphenyl DiIsocyanate manufacturer, Yantai Wanhua, is in talks with Permira, the private equity group which owns Hungary’s main PVC manufacturer, BorsodChem.According to news service plasteurope.com, it has bought up the company’s mezzanine debt to the tune of E200m.An earlier report in portfolio.hu […]

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Cargo Ships Ply Their Trade At Odessa Port

Yara takes part in Odessa, Ukraine privatisation

Odessa portNorway’s Yara has applied for tender documents in Ukrainian privatisation. Brave western chemical companies are keen to enter fast-expanding eastern markets even if they are volatile. Yara is teaming up with the Libyan Government!According to chemie.de, “Yara International ASA has, through a subsidiary, applied to the State Property Fund of Ukraine (SPFU) for receiving […]

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