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July 23, 2007The CW75 Index declined 2% for the week ending January 10, trailing broader U.S. and global indexes. The Standard and Poor’s 500 index was essentially flat, and the Morgan...
July 23, 2007The U.S. Department of Commerce has made a preliminary determination that polyester staple fiber (PSF) from China has been sold in the U.S. at 4.39%-44.3% below normal value. The...
July 23, 2007Aslug of new capacity is likely to drag down North American polyethylene terephthlate (PET) margins this year, analysts say. An additional 1 million m.t./year of capacity is starting...
July 23, 2007Food ingredient maker Carbery Group (Ballineen, Ireland) says its flavors unit Synergy Flavors (Wauconda, IL) has acquired Vanlab (Rochester, NY), a producer of vanilla-flavored...
July 23, 2007Diversa says it has entered into a 10-year R&D agreement with Syngenta to develop enzymes to convert bagasse, a cellulosic biomass, into mixed sugars—a key step in the...
July 23, 2007Biocon Ltd. (Bangalore), one of India’s leading biotechnology firms, and pharmaceutical manufacturer Neopharma (Abu Dhabi) say they have entered into a joint venture agreement to...
July 18, 2007Schering has officially changed its name to Bayer Schering Pharma and become a division of Bayer HealthCare. Bayer acquired Schering last year for €16.9 billion ($22.3 billion) to...
July 18, 2007Hydro (Oslo) says it will “list or divest” the company’s petrochemicals business, Hydro Polymers, following the merger of Hydro’s oil and gas activities with...
July 18, 2007Merck KGaA is considering plans to divest its generic drugs business and could raise up to €4 billion ($5.3 billion) from the sale, according to a report in German newspaper...
July 18, 2007Speculation is mounting that Akzo Nobel will sell its Organon BioSciences pharmaceuticals business, instead of spinning the business off as originally planned, and that Akzo will use...
July 18, 2007Brazilian chemical firm Oxiteno (São Paulo) says it has purchased a sulfation and sulfonation plant from Clariant, which is located in Suzano, Sao Paulo state, Brazil. The deal...
December 31, 1969When KMG Chemicals (Houston) unveiled its five-year plan for growth back in 2007—to achieve annual sales of $250 million by 2012—the goal seemed very ambitious, since at the time...
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