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LANXESS invests in U.S. biofuel & biochemical company

USD 10 million investment in Gevo

28-May-2010

LANXESS has invested in U.S. biofuel & biochemical company Gevo, Inc. as part of a proposed cooperation to produce isobutene from renewable resources. The companies aim to find an alternative route to source isobutene - a key raw material needed in the manufacturing of butyl rubber. Isobutene is ...

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Cognis first quarter 2010 results: best ever operating result, sales volumes back on 2008 level

27-May-2010

In the first quarter of 2010, specialty chemicals supplier Cognis recorded excellent results, significantly exceeding the first quarter of 2009. Sales increased by 10.6 percent to 728 million euros due to a strong recovery in actual demand, and supported by customer restocking. Sales volumes ...

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LyondellBasell Emerges from Chapter 11 Protection

12-May-2010

LyondellBasell announced that the company has emerged from Chapter 11 bankruptcy protection. The company's Plan of Reorganization was confirmed by the United States Bankruptcy Court for the Southern District of New York with the approval of an overwhelming majority of the voting creditor ...

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Bayer achieves strong gains in sales and earnings

Sales advance by 5.3 percent to EUR 8,316 million

03-May-2010

The Bayer Group started off 2010 with strong sales and earnings growth. “Bayer is well on track – and we plan to grow again this year,” said Werner Wenning, Chairman of the Board of Management, when the first-quarter report was published on Thursday. MaterialScience posted a clear recovery in an ...

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Wacker Delivers Strong Sales and Earnings Growth in Q1 2010 Amid High Demand

30-Apr-2010

Wacker Chemie AG has boosted its sales and earnings in the first quarter of 2010 amid strong customer demand. Q1 2010 sales at the Munich-based chemicals Group climbed 22 percent to €1,067.0 million (Q1 2009: €872.5 million) – chiefly due to volume growth. In contrast, sales performance was held ...

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Sustainable environmental protection through the Industrial Emissions Directive

28-Apr-2010

The European institutions are close to finalising the second reading of the Industrial Emissions Directive (IED). Cefic, the European Chemical Industry Council, supports the objectives of the Directive. Cefic suggests the Directive would be more effective in ensuring sustainable environmental ...

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Expansion of the WACKER ACADEMY: Wacker Opens International Training Centers in Brazil and Singapore

07-Apr-2010

Wacker, the Munich-based chemical group, is expanding its international training & competence centers and opens branches of the WACKER ACADEMY in Sao Paulo (Brazil) as well as in Singapore. The training centers offer an ideal platform for sector-specific networking between customers, distribution ...

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Drägerwerk: Turnaround program already saved around EUR 45 million in 2009

19-Mar-2010

Drägerwerk AG & Co. KGaA took important steps towards increasing efficiency, lowering costs and boosting net sales in fiscal year 2009 with the help of its turnaround program. Order intake in 2009 went up by 2.9 percent (net of currency effects) to EUR 1,978.3 million and orders on hand increased ...

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DSM and MCC sign contracts to exchange polycarbonate and polyamide businesses

01-Mar-2010

DSM Engineering Plastics, a business group of Royal DSM N.V., announced that it has signed the contracts with Mitsubishi Chemical Corporation (MCC) enabling DSM to acquire MCC's Novamid® polyamide business in exchange for DSM's Xantar® polycarbonate business. In May 2009 both companies already ...

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Endress+Hauser expands production in India

11-Feb-2010

Endress+Hauser celebrated the inauguration of new production facilities for flow measurement and level and pressure measurement engineering equipment in India. The company has invested a total of 19 million euros in land, buildings and machinery at the Aurangabad site. The new 6 million euro ...

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