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Austrian Chemical Industry Headlines

Donau Chemie Chemicals Co Unit Merges with US Firm

Donau Carbon, a unit of Vienna-based chemicals company Donau Chemie, will merge with the US activated carbon producer Standard Purification, the company said on Tuesday.

July 19, 2016

Chemical Industry: Investments Fell, TTIP Endorsed

The chemical industry in Austria still struggles with stagnating revenue, Hubert Culik, head of the association of Chemical Industry in Austria, said during a press conference. Revenue of the industrial sector stagnated for a second year in a row: in 2015 sales fell 0.3 percent to EUR 14.86 billion, with most of the revenue being generated by the plastics segment. 15 percent of sales is generated by the pharmaceutical industry.

May 20, 2016

RIH's Slovenian Subsidiary Helios Restructured

The Ring International Holding AG (RIH) believes that its Slovenian subsidiary Helios Domžale, a paint and varnish maker acquired in 2014, is now fully restructured. EBIT margins are on a top European level, RIH manager Hubert Culik told APA after a press conference.

June 10, 2015

Water Management Company Wabag Wins EUR 30 Mln Plan Project in India

VA Tech Wabag Ltd., India won an order for a value of around EUR 30 million for Design and Construction of 140,000 m3/d Sewage Treatment Plant (STP) at Dinapur, Varanasi including Operation and Maintenance for ten years.

March 20, 2015

Austrian Export Award 2014 for Above-Average Export Commitment

As part of a festive gala evening in Vienna's Museumsquartier, the Austrian Export Prize 2014 has been awarded by the Federal Minister for Science, Research and Economics, Reinhold Mitterlehner, and the President of the Economic Chamber Austria (WKO) Christoph Leitl.

June 26, 2014

Croatia: Hypo Group Losing Last Industrial Participation

Croatian chemical company Dioki is facing bankruptcy which is why Hypo Group is losing one of the last industrial participations in the country.

October 14, 2013

Borealis to Invest EUR 65 Million in Porvoo Borstar PE Plant

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced a major upgrading project at its production site in Porvoo, Finland.

June 28, 2013

Lithuania: Exports Decreased by 7.6 % in January

Foreign trade in January 2013 decreased. Major losses in Agricultural sector.

March 8, 2013

Borealis to Acquire Outstanding Shares of TOTAL Affiliate GPN SA

Borealis, an Austrian provider of chemical and innovative plastics solutions, has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.

February 7, 2013

Borealis: Profits and Sales Increase Remarkably

The Austrian chemical group Borealis recorded a net profit of € 129m in the third quarter of 2012, an increase of € 22m compared to the third quarter of 2011

November 16, 2012