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Europe

Schneider Electric makes offer for Invensys acquisition

Schneider Electric, a France-based manufacturer of low- to medium-voltage equipment, is in the early stages of discussions to acquire British industrial software and control systems company Invensys.
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Honeywell to automate Rosneft refinery in southern Russia

Honeywell has signed an agreement with NK Rosneft, a leading Russia-based oil and gas producer, as the main automation contractor for the construction of its new refinery at Tuapsinskiy NPZ, Southern Russia.
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Celanese to sell two European manufacturing facilities

Celanese Corp. intends to sell its acetic anhydride facility in Roussillon, France, and its vinyl acetate monomer (VAM) production unit in Tarragona, Spain.
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Total to modernize Antwerp refining and petrochemical platform

Total has approved a €1 billion modernization project for its Antwerp production facilities, the company’s largest European refining and petrochemical platform. Total says the decision is in line with the Group’s strategy of focusing its investment on its large integrated platforms to position them among the most competitive of the industry.
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European refineries struggle to stay afloat

European refineries are losing ground to their counterparts across the Atlantic, where the U.S. refining sector is flourishing thanks to its access to cheap and abundant feedstock produced from unconventional oil.
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Germany in midst of huge chemical boost

Following the hard times that German chemical companies experienced in 2009 it appears that the country's chemical industry is approaching a real renaissance, as major industry players are ready to ramp up production.
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Ukraine to focus on resources development in search for energy independence

Ukraine will keep its position as a key energy sector partner of the European Union, particularly in regard to gas transportation and storage, according to the EU Commissioner for Enlargement and European Neighbourhood Policy.
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Third of global food production wasted or lost

According to the United Nations 1.3 billion tons -- or a third of global food production -- is wasted or lost each year.
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AstraZeneca to build new HQ, research center in Cambridge, UK

AstraZeneca is investing about £330 million ($515.6 million) in its new building, which will host a global R&D center.
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French parliamentary commission calls for change in fracking ban

Hydraulic fracturing has once again become an issue of heated debate in France, as political parties, industries and the public have all shared different opinions about using the technique to drill for shale gas and oil.
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