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April 7, 2016Dow today announced a settlement with the ‘opt-out’ plaintiffs in a urethanes price-fixing case, agreeing to pay $400 million. The settlement is expected to result in a net...
February 3, 2016Reform of the United States’ Toxic Substances Control Act (TSCA), along with tariffs and Reach, are among the key regulatory issues for Socma in 2016. The group is optimistic...
December 1, 2015Rayonier Advanced Materials (Jacksonville, FL) says it has entered into a new specialty cellulose supply agreement with Eastman Chemical that extends through 31 December 2019, resolving a legal dispute over the meet-or-release terms of a previous agreement that extended through the end of 2018....
October 9, 2015Hovensa (Christiansted, VI) says a US bankruptcy court has approved the company’s choice of Limetree Bay Holdings as a “stalking horse bidder” in the Chapter-11 sale of Hovensa’s assets in the US Virgin Islands, which consist of an oil storage terminal and an idled 500,000-bbl/day refinery....
October 2, 2015The US economy will take a massive hit if Congress does not extend the deadline for implementation of positive train control (PTC), according to a report released Thursday by ACC. A one-month disruption would reduce GDP by $30 billion and cost 700,000 jobs, says the report....
September 25, 2015
EPA has issued a complaint against FMC for violating Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) law regulations related to the marketing and distribution of its agricultural product, “Stallion Brand Insecticide.”...
September 2, 2015A Swiss court has confirmed that Saint-Gobain (Courbevoie, France) is not required to make a mandatory public takeover bid for all of the shares in Sika (Baar, Switzerland)...
June 25, 2015Rare-earths miner Molycorp today filed for Chapter 11 bankruptcy protection for most of US operations, in order to restructure its $1.7 billion in debt obligations. Under the...
June 4, 2015Molycorp, the sole US-based maker of rare earth oxides, is preparing to file for bankruptcy, according to a report in the Wall Street Journal. The company had $1.7 billion in debt and...
April 30, 2015DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) today reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s...