Chemical Industry Weekly News Round-Up, Oct. 5

 

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.

 

 

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.

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