Trusted market intelligence for the global chemical, energy and fertilizer industries
I am compiling the 2010 ICIS Top 10 central and eastern Europe/Russia chemical companies list and I need your help! Please visit the spreadsheet I’ve set up and let me know if I am missing any companies. This list is based on the 2009 list. These are the companies included so far: SIBUR, PKN ORLEN, [...]
The Nabucco natural gas pipeline project will will no longer link to Iran, the consortium for the multi-billion Euro European/Asian network said this week. In a statement it said: ”The shareholders agreed on a modification of the feeder line concept. Two feeder lines were confirmed and the respective engineering works were ordered but due to [...]
The intelligence site Debtwire reports today that investors in Univar are trying to block moves by majority owner, CVC Capital Partners, to offload a large tranche of its debt. The move would effectively give the unnamed investor a 45% stake in Univar, according to the report. If Univar did pull out of the IPO, [...]
Russia is moving closer to creating a new national fertilizer champion, with Russian metals magnate Suleiman Kerimov’s Uralkali and Silvinit, Russian potash producer, expected to merge in the near future, according to rt.com. Kerimov bought a controlling stake in agro-chemicals giant Uralkali, and now two offshore firms, that are believed to be close to Kerimov, have [...]
The European Bank for Reconstruction and Development (EBRD) is becoming a friend of the chemicals industry in CEE and Russia. It recently agreed to bail out RusVinyl, the 330,000 tonnes/year PVC project, part owned by BASF, Sibur and Solvay. Now Poland’s largest chemical group, Ciech, has applied for long-term financing from the EBRD to help [...]
In addition to the weekly market analysis magazine ICIS Chemical Business, ICIS is a major provider of benchmark chemical pricing data. This fast-expanding division is now pushing into Russian polymers through a joint venture (jv) with specialist benchmark price provider MRC. A quick search shows just how relevant MRC will be for ICIS. In addition to [...]
I’ve been writing a lot recently about the feedstock disadvantage naphtha-based European chemical producers have over Middle East and US ethane consumers. In the long term this could have a severe impact on chemical production here. So the news that INEOS is going to build a 1m tonne/year ethylene terminal at Zwijndrecht, Belgium, raises some [...]
©
FREE Trial