Europe top stories: weekly summary
ICIS Editorial
15-Nov-2021
LONDON (ICIS)–Here are some of the top stories from ICIS Europe for the week ended 12 November.
Europe chemicals output
rises as wider industrial production
softens
Chemicals production in Europe largely
increased in September compared with the
previous month, according to the latest data
released from the EU’s statistical agency
Eurostat on Friday.
Johnson Matthey to exit
battery business as it warns on auto production
slump impact
UK specialty chemicals group Johnson Matthey
has revealed plans to exit its battery
materials business while guiding that full
fiscal year profits will be hit by the slump in
automotive production around the world.
France’s Arkema to fully
disclose emissions footprint but process
complex, long – CEO
Arkema is looking at its internal and external
greenhouse gas (GHG) emissions and aims to
publicise its full carbon footprint, including
scope 3 emissions, the CEO of the French
chemicals major said on Wednesday.
APLA
’21: Petchems bad reputation could change with
independent environmental audits –
academic
Petrochemicals companies’ bad reputation could
change if external auditors were invited to
test whether the industry’s environmental
record is up to scratch, an academic said on
Tuesday.
INSIGHT: October IPEX
underscores higher costs and logistics
constraints
The ICIS Petrochemical Index (IPEX) update last
month (the index for September) drew focus
towards demand and what was coming to be seen
as the main driver for prices in the still
uncertain market environment.
Spain’s Cepsa mulls
chemicals divestment to raise funds for green
transition
Spanish energy and petrochemicals major Cepsa
could divest or establish a joint venture for
its profitable chemicals division to fund its
green energy transition, sources with knowledge
of the matter said.
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