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Competitiveness

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
Leicester’s Nylacast made it into the last nine finalists in the apprenticeship and training scheme category of the Made in the UK Awards, alongside Jaguar Land Rover, Tata Steel and FSG Tool & Die, which won. 23 July 2014
Less than a fifth of small firms in Scotland believed business issues were likely to be the most important factor when voting in the forthcoming independence referendum. 23 July 2014
Sabic has reported £7.5bn in second-quarter net income, a rise of 7%. Earnings were £1bn, broadly in line with analyst forecasts. 21 July 2014
Germany came top in an energy efficiency ranking of the world’s major economies, followed by Italy, the European Union as a whole, China and France, according to the American Council for an Energy-Efficient Economy (ACEEE). 18 July 2014
In this edition of PRW Online News we report on the British Plastics Federation’s (BPF) Business Conditions survey, an increase in the use of carrier bags, the latest UK inflation figures and Symphony Environmental’s newest business venture. 18 July 2014
Brighton-based smart materials specialist, D3O, has been awarded a Queen’s Award for Enterprise after demonstrating growth in both overall sales and exports. 17 July 2014
Ineos UK has received a £230m loan guarantee from the government for infrastructure developments at its site in Grangemouth, Scotland. The development will see the site converted to handle US shale gas. 17 July 2014
Closed Loop Recycling has appointed James Stapeley as its commercial manager following the retirement of predecessor Chris White. 16 July 2014
Wiltshire’s Leafield Environmental, a manufacturer of recycling bins, has witness an upturn in overseas business as a result of ‘green’ legislation. 15 July 2014
The generally-expressed consensus is that UK manufacturing is bedevilled by an endemic shortage of domestic talent. The skills gap, so we’re told, is dogging growth and hampering investment. But what do you think? 15 July 2014
Business confidence among UK plastics companies remains high but has “levelled off” in the last six months, according to new research from the British Plastics Federation (BPF) published today. 15 July 2014
Automotive compounder China XD Plastics has rebutted a claim from Bleecker Street Research that its “numbers don’t add up”. XD’s Nasdaq share price fell more than 20% following the statement. 15 July 2014


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