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Degussa Management Board examines sale of Construction Chemicals

15-Dec-2005

At its meeting on December 13, 2005, the Supervisory Board of Degussa AG, Dusseldorf, authorized the Management Board of Degussa AG to examine selling the Construction Chemicals Division.

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Russian gas for Europe: Construction work starts on the North European Gas Pipeline

13-Dec-2005

Work started on the Russian onshore section of the North European Gas Pipeline (NEGP) in Babayevo, 800 km east of St. Petersburg. The connecting pipeline, which will now be built quickly, links the planned pipeline through the Baltic Sea with the existing gas pipelines from Siberia. The new ...

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Supervisory Board proposes Board of Directors Structure for Air Liquide

13-Dec-2005

At its meeting on 8th December 2005, the Supervisory Board reviewed Air Liquide's organization structure, and considering the application of the age limits provided for in the company bylaws for the Chairman of the Supervisory Board, has decided to propose to the Annual General Shareholders ...

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Celanese signed contract with Daicel and Polyplastics on Sale of Topas® - COC Business

13-Dec-2005

Celanese Corporation announced that it has signed an agreement to sell its cycloolefine copolymer business (COC) to a joint venture of Daicel Chemical Industries Ltd. and Polyplastics Co., Ltd. As announced earlier, all production facilities and employees will be transferred to this joint ...

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New business model for specialty plastics

Products accompanied by new ancillary services

12-Dec-2005

BASF has a new marketing model for specialties in its operating division for styrenics. The company's new global business unit Specialty Polymers & Specialty Foams brings together products which have particular properties that distinguish them from high-volume standard plastics. These products ...

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Frost & Sullivan Presents 2005 Product Innovation Award to Bruker Daltonics

12-Dec-2005

Bruker Daltonics Inc. announced its selection for the Frost & Sullivan 2005 Product Innovation Award. This award is in recognition of Bruker Daltonics' contributions to a broad array of mass spectrometry technologies and for its commitment to the growing field of proteomics. "Bruker Daltonics ...

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Actavis completes its acquisition of Higia AD in Bulgaria

09-Dec-2005

Actavis Group announced that the acquisition of Higia AD, one of the largest pharmaceutical distributors in Bulgaria, has been completed. Higia is now wholly owned by the Actavis Group. All the required regulatory approvals, including authorization from the Bulgarian Commission of Protection of ...

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EU chemical industry: slowdown in 2005

Better prospect for 2006

09-Dec-2005

According to its year end "Economic Outlook", Cefic, the European Chemical Industry Council, expects output in the chemical industry (excluding pharmaceuticals) to grow by only 1.6% in 2005, compared to 2.6% in 2004. The year 2006 may show a modest improvement, possibly reaching growth of 2.3%. ...

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GEA Group übernimmt US-Wärmetauscher-Spezialisten Flatplate

09-Dec-2005

Die GEA Group Aktiengesellschaft hat den US-amerikanischen Wärmetauscher-Spezialisten Flatplate Inc. übernommen. Über den Kaufpreis wurde Stillschweigen vereinbart. Flatplate produziert gelötete Plattenwärmetauscher, die in nahezu allen industriellen Prozessen eingesetzt werden können, bei denen ...

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Borealis head office moves to Vienna

08-Dec-2005

Borealis announced a change in ownership to 65% by the International Petroleum Investment Company (IPIC) of Abu Dhabi and 35% by OMV Aktiengesellschaft, Austria's oil and gas company. This change has resulted in a decision to move Borealis' head office from Copenhagen (Denmark) to Vienna ...

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