Functional Chemicals

  • It was a challenging year financially, mainly due to weak demand in Europe, although markets in North America and Asia strengthened towards the end of the year
  • Business performance was boosted by internal cost-cutting programs and restructuring activities at various production sites
  • Plans were announced to phase out production of organic peroxides at our Deventer site in the Netherlands by the end of 2016
  • Dissolvine StimWell stimulation technology was firmly established in the oil and gas industry due to its environmental and performance benefits, while our Dissolvine GL chelate was recognized by the US EPA with a Design for the Environment label, recognizing the product as being a safer ingredient
  • A new production facility for Bermocoll cellulose derivatives was started up in Ningbo, China
  • The sale of the Primary Amides business and related manufacturing assets in Korea was completed

Some of our customers

  • Dow
  • BASF
  • Yara
  • Procter & Gamble
  • FMC
  • Warwick
  • Lyondell-Basell
  • Henkel

Top raw materials

  • Ammonia, ethylene, methane and propylene
  • Chloroformates
  • Sulfur, salt, cellulose

Key cost drivers

  • Ethylene
  • Sulfur
  • Salt
  • Energy

Revenue in € millions

Specialty Chemicals Functional – Revenue in € millions (bar chart)

Geo-mix revenue by destination in %

Specialty Chemicals Functional – Geo-mix revenue by destination in % (pie chart)

Key brands

Specialty Chemicals Functional – Key brands (logos)