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Europe

Pfizer proposes $101 billion takeover to AstraZeneca, reports claim

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

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

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

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

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

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

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

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

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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EU to destroy transit counterfeit drugs

The European Union has approved a revision of its trademark legislation, including a provision that allows EU customs to block and destroy counterfeit branded pharmaceutical products, even if they are intended for markets outside the union.
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