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Chemical Industry Weekly News Round-Up, May 20

2:09 PM MDT | May 20, 2011 | By VINCENT VALK

This Week on CW:
 
DuPont's increased bid for Danisco, which values the company at $6.4 billion, has succeeded.
 
In the wake of the deal, DuPont is forming two new business units, industrial biosciences and nutrition and health.
 
VCI, Germany's chemical industry trade group, has raised its growth outlook for that country's chemical industry after a first-quarter that saw "unusually strong" growth.
 
A new report from consulting firm PriceWaterhouseCoopers strikes an optimistic tone about chemicals M&A, with announced deal value reaching post-recession highs.
 
BASF and Ineos are selling a plant to get EU approval for the Styrolution joint venture.
 
Around the Web:
 
Bayer Corp. CEO Greg Babe says shale gas is a "once-in-a-lifetime opportunity" for the manufacturing sector in the U.S., in Industry Week.
 
Environmental groups and Senate Democrats are planning their defense of EPA's greenhouse gas regulatory proposals, in The Hill's E2 Wire.
 
Additive manufacturing grew 24 percent last year, Plastics News reports.













 
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