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Europe

Pharmaceutical sector roiled

Sanofi looks to shed multi-billion portfolio, Pfizer proposes $106 billion takeover to AstraZeneca
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Based on patent expiries and for other reasons, the global pharmaceutical industry is going through a process of consolidation, impacting European suppliers.
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Pfizer proposes $101 billion takeover to AstraZeneca, reports claim

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U.S. pharmaceutical company Pfizer has expressed interest in taking over Anglo-Swedish giant AstraZeneca for a total of $101 billion.
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EU chemical industry voices concern over proposed new packaging requirements

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The additions to the legislation introduced by the European Parliament's Environment Committee go beyond what was initially planned, potentially putting processors and packaging companies under significant pressure to comply.
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Domestic demand to fuel Russia's petrochemical industry growth

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The Russian petrochemical industry is set to benefit from increasing domestic demand over the medium term, with non-oil industrial sectors emerging as the strongest driving force for growth.
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Veolia outlines strategic move towards mining industry

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French water and environmental services giant Veolia Environnement SA is looking to increase its share of sales to the mining industry.
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UK oil & gas companies upbeat for short-term growth

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Over the next two years UK oil and gas companies anticipate that they will create as many as 39,000 new jobs.
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France wastes 20% of drinking water through leaky pipes

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About 1.3 billion liters of drinking water every year are wasted in France due to water leaks.
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Europe may reconsider stance on fracking

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Recent political events in Ukraine and Russia's involvement may cause some EU member-states to reconsider their stance towards hydraulic fracturing.
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UK chemical facility incident hospitalizes 20 workers

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An industrial incident at a chemical facility in Runcorn, Cheshire, north-west England, resulted in about 20 people being taken to a local hospital.
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EU chemical industry on the verge of collapse, Ineos boss warns

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The European chemical industry is in grave danger and a large part of it might close down within the next 10 years, Jim Ratcliffe, chairman of chemical giant Ineos, has warned.
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