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Competitiveness

In this edition of PRW Online we look as Rosti’s £14m investment, new plans for fracking in the UK, recycling proposals for England, how bubble wrap could help saves lives and how to 3D print your own space station… 31 July 2014
Solvay is selling its Eco Services sulphuric acid business to affiliates of CCMP Capital Advisors as part of a strategy to divest itself on non-core operations 31 July 2014
Swiss speciality chemicals firm Clariant said its second-quarter net income rose to CFK 83m (£54m) from CFK 71m (£46m) in the previous year. 30 July 2014
Chemical Industries Association (CIA) has encouraged “all interested organisations” to join the fracking debate following the government’s announcement that the bidding is open for licenses to explore for onshore oil and gas. 30 July 2014
Bidding has opened for onshore oil and gas exploration licenses, including fracking. Business and energy minister, Matthew Hancock, and communities minister, Lord Ahmad of Wimbledon, oversaw the announcement, which included environmental safeguards. 29 July 2014
Dublin-based One51 Plastics has had its €13.5m (£10.7m) purchase of UK wheelie-bin maker Straight cleared by the Competition and Markets Authority (CMA). 29 July 2014
The Business Secretary Vince Cable was attending an ‘update’ event at Rosti’s Pickering plant where the results of an investment package totalling between £13m and £14m were fully revealed for the first time. 29 July 2014
Dow Chemical has reported its second quarter figures – the seventh consecutive quarter of growth, according to the company. 29 July 2014
US-based Boyd, a manufacturers of speciality material and sealing agents, has purchased Evonik Industries’ Solimide low-density polyimide foams business. 29 July 2014
The European Commission (EC) has proposed an energy saving target for 2030 of 30% - a figure that goes beyond the 25% level needed to achieve a 40% reduction of CO2 emissions by that date. 28 July 2014
The UK economy grew by 0.8% in second quarter of 2014, according to the latest figures from the Office for National Statistics (ONS). 25 July 2014
DuPont reported that its second quarter income increased slightly to $1bn (£0.6bn), up $40m (£24m) from 2013. However, half year net income was down to $2.5bn (£1.5bn) compared to $4.4bn (£2.6bn) in 2013. 25 July 2014
BASF has announced a lower than expected 1% growth in sales for the second quarter of 2014 compared to the same period in 2013, reporting sales of €18.5bn (£14.6bn) and warns that sales for the full year will be "slightly lower than in 2013" 24 July 2014
US-based IHS Chemical has forecast that global spending on additional chemical production capacity will peak in 2014 at $120bn (£70.5bn) and then will begin to decline.  24 July 2014
Resource recovery specialist Axion Consulting has launched a litigation, arbitration, adjudication and mediation advice service that will provide guidance on recycling and waste processes in cases of industrial and commercial disputes. 23 July 2014


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