U.K. Shell and ExxonMobil Scrap Plans to Divest Infineum... Shell and ExxonMobil say they have abandoned plans to divest Infineum International (Milton Hill, U.K.), their 50-50 fuel and lubricant additives joint venture. Shell and ExxonMobil announced last March that they were considering options for Infineum... Europe Rejects Appeal for Use of Azinphos-methyl Pesticide The European Court of Justice rejected an appeal by pesticides manufacturer Makhteshim-Agan (Airport City, Israel) to overturn a 2006 European Union (EU) ban on the use of the pesticide azinphos-methyl... PolyOne to Shutter Eight Manufacturing Sites PolyOne says it will close one U.K. and seven North American production facilities during the next nine months and transfer production to remaining sites. About 150 jobs will be affected, the company says. The planned shutdowns include: color and additives... Management Eyes Purchase of Crown Paints from Akzo for Almost $140 Million Howard Luft, the managing director of U.K. paints producer Crown Paints is reportedly leading a proposed management buyout (MBO) for the business from AkzoNobel for £70 Million ($138 Million). Luft and his senior management team are understood to have... Dow Europe Boosts Resin Prices Dow Europe says it will increase prices of several resins in Africa, Europe, India, and the Mideast. Polypropylene (PP) prices will increase... More Stories »
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