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January 23, 2015
The European Food Safety Authority (EFSA; Parma, Italy) has comprehensively reevaluated bisphenol A (BPA) exposure and toxicity. EFSA concludes that “BPA poses no health risk to...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-says-bisphenol-A-exposure-does-not-pose-a-health-risk-for-consumers_67101.html
January 23, 2015
The European Union will devolve to its 28 individual member states the power to authorize the cultivation of genetically modified (GM) crops, allowing national governments to approve new GM crops or ban them on nonscientific grounds....
http://www.chemweek.com/sections/business_finance/europe_mideast/New-law-widens-opportunity-to-cultivate-GM-crops-in-Europe_67102.html
January 23, 2015
Praxair says it is changing the exchange rate used for its Venezuelan business to line up with the Sicad II rate of 50 bolivars to the dollar rather than government’s official...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-to-shift-exchange-rate-for-Venezuela-operations_67117.html
January 23, 2015
Mosaic says it expects that reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at the high end of the company’s guidance range, resulting in fourth-quarter 2014 earnings per diluted share of 93–98 cts, including approximately 10 cts in net benefits from notable items....
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-raises-guidance-on-strong-volumes-and-margins_67118.html
January 23, 2015
Ube Industries says it has increased its stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by the end of March. AET was established...
http://www.chemweek.com/sections/business_finance/usa_americas/Ube-Industries-raises-stake-in-electrolytes-JV-with-Dow_67145.html
January 23, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-fall-in-quarterly-profits_67088.html
January 23, 2015
Teijin says that its Teijin DuPont Films polyester films joint venture with DuPont will permanently shut its production facility at Anpachi, Japan....
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-DuPont-JV-closes-Japan-plant_67089.html
January 23, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will construct a validation plant at the Kurashiki, Japan, manufacturing complex for the company’s newly developed...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-to-build-plant-to-produce-diphenyl-carbonate_67090.html
January 23, 2015
Albemarle on 20 January announced a corporate realignment following the close of its $6.2-billion acquisition of Rockwood Holdings earlier in the month....
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-realigns-structure-after-Rockwood-deal-close_67134.html
January 23, 2015
Monsanto says the US Department of Agriculture has deregulated its dicamba-tolerant trait technologies—Roundup Ready 2 Xtend soybeans and Bollgard II XtendFlex cotton. These weed...
http://www.chemweek.com/sections/business_finance/usa_americas/USDA-deregulates-Monsanto-weed-control-traits_67135.html
January 23, 2015
LyondellBasell Industries says three senior executives—Timothy Roberts, Patrick Quarles, and Kevin Brown—have assumed expanded roles within the company. “These...
http://www.chemweek.com/sections/business_finance/usa_americas/LyondellBasell-expands-role-of-three-senior-execs-as-new-CEO-takes-helm_67136.html
January 23, 2015
Brazil’s chemical trade deficit totaled about $31.2 billion in 2014—approximately $400.0 million below estimates disclosed by the country’s chemical industry association, Abiquim (São Paulo) during its annual meeting last December, Abiquim says....
http://www.chemweek.com/sections/business_finance/usa_americas/Brazils-chemical-trade-deficit-drops-2-4-percent-in-2014_67143.html
January 23, 2015
Blank check firm Quinpario Acquisition Corp. 2 has priced its initial public offering at $10/share, with the company hoping to raise $350.0 million from the offering. Quinpario was...
http://www.chemweek.com/sections/business_finance/usa_americas/Second-Quinpario-fund-plans-$350-million-IPO-to-facilitate-buyouts_67144.html
January 22, 2015
The industry, research, and energy committee of the European Parliament today rejected an amendment to begin reform of the European Union’s Emissions Trading Scheme (EU ETS) in...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Parliament-industry-committee-fails-to-agree-on-reform-date-for-EU-ETS_67096.html
January 20, 2015
Thomas Swan (Consett, UK) says it is collaborating with the Graphene Engineering Innovation Center (GEIC) at the University of Manchester in the design of a graphene research center...
http://www.chemweek.com/sections/business_finance/europe_mideast/Thomas-Swan-University-of-Manchester-collaborate-in-design-of-graphene-research-center_67004.html
January 19, 2015
European chemical output grew by 0.7% year-on-year (YOY) during the first 10 months of 2014, while prices fell by 1.6%, Cefic says. Output in October fell by 1.2% compared with the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-EU-chemical-output-up-0-7-percent-for-first-10-months-of-2014-employment-up-for-fourth-consecutive-quarter_66964.html
January 19, 2015
The International Renewable Energy Agency (Irena; United Arab Emirates) has announced the reappointment of Adnan Amin as director general to a second four-year term, to run from April...
http://www.chemweek.com/sections/business_finance/europe_mideast/International-Renewable-Energy-Agency-reappoints-director-general_66961.html
January 19, 2015
Crude oil prices have not been low for long enough to curtail chemical production growth in the United States, IHS Chemical says. Brent crude and West Texas Intermediate (WTI) prices...
http://www.chemweek.com/sections/business_finance/usa_americas/Chemical-industry-to-reap-benefits-of-lower-oil-prices_66874.html
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