Kuraray says its wholly owned subsidiary Kuraray Europe (Frankfurt, Germany) has expanded the production capacity for polyvinyl butyral (PVB) resin by constructing a new production line at Frankfurt. The total capacity of PVB resin at Frankfurt has been...
The chemical M&A market is set to "improve substantially" this year, according to Peter Young, president of Young & Partners (Y&P; New York), a boutique investment bank. "We hit a trough in volume in the first quarter of 2009, and a...
A committee representing European Union (EU) member states has accepted a European Commission proposal to direct funds raised from the region’s emissions trading scheme (ETS) into projects for carbon capture and storage (CCS), and renewable fuels and...
DyStar filed for insolvency last year....
Syngenta says 2009 net income fell about 1%, to $1.37 billion, on lower currency values and higher raw material costs. Sales fell 5%, to $10.9 billion. Earnings per share fell 3%, to $15.76, excluding restructuring...
Shell says fourth-quarter earnings from its chemical business increased compared to the year ago period because of improved income from equity-accounted investments, higher sales volumes, and lower operating costs. Shell did not disclose earnings...
The European Commission has issued a directive ruling that from March 2011 ethyl lauroyl arginate, a preservative, may only be used in concentrations of less than 0.8% in cosmetics. The ruling is part of a set of new controls on cosmetics that features a...
Altana reported “noticeably lower” 2009 sales and earnings because of the economic downturn. Earnings dropped 89%, to €11 million ($15.1 million), on sales down 12%, to €1.18 billion “despite a pronounced upturn in business...
PCC was selected from a shortlist of six bidders....
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