Krahn Chemie signs distribution deal

Germany, Hamburg-based distributor Krahn Chemie is to distribute rubber chemical products for NOCIL, which was spun out of Monsanto, according to Chemie.de Krahn Chemie operates across Europe, including Hungary, Poland and the former Yugoslavia region.“In the past years, NOCIL has proven to be a very reliable supplier to the rubber industry”, says Helmut Waibel – […]

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Brenntag probe: what will the impact be on its other regions?

I recently interviewed Clare Waters, managing director of Brenntag UK and wrote up an article on the group’s growth aspirations. Yesterday’s report makes me wonder what the impact of this investigation will be on the wider Brenntag group in CEE and elsewhere.Here is the report in full: German Bundeskartellamt expands antitrust investigations According to reliable […]

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Cartel bureau questions for Brenntag and others

According to industry contacts there are questions from cartel regulators in Germany for Brenntag and others. Will there be an impact on their activities in Eastern Germany and CEE?

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Cargill to expand agrochems in Hungary

Hidden at the bottom of the story “Agrograin migrates to Cargill brand in Hungary” from the site All About Feed is a line about its chemicals strategy: “Meanwhile, Cargill is further expanding its activities in Hungary to include supplying more farmers with seeds, chemicals and fertilisers.”

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PKN Orlen may breach loan covenants

PKN Orlen is in trouble again. Constant changes of leadership mean the group has real trouble following a set strategy. Political interference is the key probelm. A change of government means a change at the top for Orlen.According to ICIS news, quoting ING Bank, Orlen “could improve its financial health by selling its strategic oil […]

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INA deal gets anti-trust clearance

According to SeeNews – Croatia‘s Competition Agency (AZTN) has granted conditional approval to a deal that will give Hungary’s MOL control over Croatian blue-chip oil and gas company INA. This is exciting news for the chemical sector in Croatia which links heavily into INA for feedstocks. According to ICIS plants and projects the following facilities […]

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Nokia opens plant in Romania

Now this has to be good news for the region’s chemical industry. SETimes reports that Nokia has launched an accessories production site in Romania on Monday (June 1st).The company’s CEO for Romania, John Guerry, said the factory, based in Jucu, will be the only supplier for Nokia accessories in Europe. Using a single source is […]

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Fancy buying a 1927 underground power plant in Hungary?

Ever fancied a place in the sun? Hungary’s explosives manufacturer, Nitrokemia, has put its underground power plant site up for sale, according to The Guardian. Disused for many years, it might make a nice venue for a nightclub.It sounds very bijou: “Entry into the plant is through an unassuming office block. A spiral staircase winds […]

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Bankruptcies to soar in Eastern Europe, but not as bad as the West!

According to today’s ft.com, there will be a huge rise in corporate bankruptcies this year, up by 35% this year, “turning the world economy into a “burial ground” for businesses, according to a study by Euler Hermes, the credit insurer. In a study published on Thursday, the Paris-based unit of Allianz, says the rate of […]

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What is this blog for?

Why this blog?In my early days as a news reporter, central and eastern Europe plus Russia was part of my beat. I still have a keen interest in this region so it makes sense to have a way of gathering news together and commenting on it.In the early 2000′s when I started looking at this […]

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