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Chemical Industry Weekly News Round-Up, May 11

2:41 PM MDT | May 11, 2012 | Vincent Valk

This Week on CW:   Westlake has dropped its $1.3-billion unsolicited bid for Georgia Gulf after the rival vinyls maker refused to enter into negotiations.   Ineos is considering divesting two HDPE plants in Italy with a combined capacity of 395,000 m.t./year.   DSM’s first-quarter net profit fell 13% year-on-year, to $188 million, on a drop in profits in the company’s polymer intermediates segment.   Lanxess’ first-quarter earnings rose 16%, to E193 million, on higher selling prices.   Around the Web:   The Chicago...

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