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Chemical Industry Weekly News Round-Up, Oct. 5
2:55 PM MDT | October 5, 2012 | By VINCENT VALK
This Week on CW:
BASF is restructuring its construction chemicals division in Europe due to low demand. The restructuring could involve as many as 400 job cuts.
3M has acquired Ceradyne, a maker of ceramics for body armor and industrial applications, for $860 million.
Monsanto’s fourth-quarter loss widened as the company released 2013 guidance below expectations.
Budget officials in the US say that TSCA reform could cost chemical makers millions.
Around the Web:
A study from Norway finds that electric cars produce more greenhouse gas emissions than their conventional counterparts due to their reliance on coal-fired electricity, BBC News reports.
A columnist in Reuters addresses the super-wealthy who feel neglected by the Obama administration.