Keyword: chemicals

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First Shanghai Carbon Permits Trade As China Moves On Emissions

27.11.2013 - The first carbon permits in Shanghai traded at 27 yuan ($4.43) on Tuesday, as the financial hub launched China's second such trading scheme in a bid to cut its fast-growing...

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DSM to Fold Pharma Arm into Venture with Private Equity Firm

20.11.2013 - Dutch food and chemicals group DSM will spin off its pharmaceuticals unit into a new joint venture majority-owned by private equity firm JLL Partners as the company shifts its...

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Lanxess Starts Up Expanded Cresol Plant at Leverkusen

18.11.2013 - Lanxess has increased capacity for the high-performance intermediate cresol at Leverkusen, Germany, by 20% at a cost of €20 million. The Cologne-based specialty chemicals producer...

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Petronas, Eni’s Versalis Ink Joint Venture To Make Synthetic Rubbers

18.11.2013 - Petroliam Nasional Bhd (Petronas), Malaysia's state oil firm, and Italian oil company Eni's chemical unit said they have inked a joint venture agreement to make synthetic rubber in...

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Lanxess Narrows 2013 Guidance After Weak Q3

14.11.2013 - After a 26% plunge in EBITDA to €187 million in the third quarter, German specialty chemicals producer Lanxess has narrowed its guidance for full year 2013. The company now expects...

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Klesch Awards German Refinery Supply Deal To Barclays

12.11.2013 - Swiss industrial group Klesch has agreed that Barclays will supply crude oil to its German refinery in a deal worth hundreds of millions of dollars a month that boosts the bank's...

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Kurt Bock: Electricity Grid Fees Put Jobs at Risk

11.11.2013 - BASF chief executive Kurt Bock said German jobs could be lost if the chemicals giant has to start paying electricity grid fees to shift the burden of funding a renewable energy...

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DuPont to Spin Off Performance Chemicals Division

30.10.2013 - DuPont has announced that it will spin off its $7 billion Performance Chemicals division, including the titanium dioxide and the chemicals and fluoroproducts businesses, to...