Keyword: European Commission (EC)

News

Orion to Finally Take QECC

19.10.2015 - In a deal pending since 2011, Orion Engineered Carbons will acquire the 52% stake owned by German chemical group Evonik in China-based carbon black producer Qingdao Evonik Chemical...

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Chemtura Phasing out HBCD

19.10.2015 - Citing regulatory restrictions that have made the business “unsustainable,” US chemical producer Chemtura said it plans to end production of hexabromocyclododecane (HBCD)-based...

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CEFIC Calls for Energy Clause in ETS Reform

02.10.2015 - The European Chemistry Council CEFIC supports the EU’s reduction targets for CO2 ahead of discussions at the COP 21 climate talks in Paris, Solvay CEO Jean-Pierre Clamadieu said...

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French Minister Slams US on TTIP

01.10.2015 - France’s minister for foreign trade, Matthias Fekl, has suggested that the EU should pull out of negotiations on the Transatlantic Trade and Investment Partnership (TTIP) if the US...

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Merck to Close on Sigma-Aldrich in Q4

29.09.2015 - German chemicals and pharmaceuticals producer Merck KGaA said this week it now expects to close its € 13.1 billion acquisition of Sigma-Aldrich some time during the fourth quarter...

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Inovyn to Close German PVC Plant

17.09.2015 - Inovyn does not plan to restart its PVC plant at Schkopau, Germany, idled since the end of 2014. After failing to come to terms with Dow Chemical on supply of feedstock VCM, the...

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BASF and Gazprom to Complete Asset Swap This Year

08.09.2015 - The asset swap BASF and Gazprom first announced in 2012 is now set to be completed by the end of 2015, a year behind the initial schedule. The deal approved by the European...

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EU Approves Shell Takeover of BG Group

04.09.2015 - The European Commission has approved the acquisition of BG Group by Royal Dutch Shell, saying it would not give Shell a dominant share in markets such as oil and gas exploration...