ICIS - Search Articles by Date : March 01 2004 - March 07 2004

Companies to support training
BP, Atofina and Shell are among firms giving their support to a new employer-led, government-funded UK training organisation for the chemical,.... more
(05 March 2004 19:35)

EVC seeks to recover losses
EVC has been left with a €20m bill following disruption of raw material supplies to its major production sites at Porto Marghera, Italy, last year more
(05 March 2004 19:35)

News In Brief
UCAR in $100MM Expansion UCAR Emulsion Systems, a business unit of Dow Chemical Company, will invest over $100 million over the next three years more
(02 March 2004 15:37)

SigmaKalon and Samsung Form Korean Coatings Alliance
SigmaKalon and Samsung Fine Chemicals (SFC) are combining their Korean industrial coatings assets into a joint venture called Sigma Samsung more
(02 March 2004 15:37)

Yamanouchi and Fujisawa to Merge In $8 Billion Deal
Yamanouchi Pharmaceutical Com-pany Ltd. and Fujisawa Pharma-ceutical Company Ltd. have agreed to merge in a deal worth ´842 billion ($8 more
(02 March 2004 15:37)

Business in Brief
Lonza Restarts Valais Units Lonza has already restarted production at its facilities in Valais, Switzerland, after an explosion and fire occurred.... more
(02 March 2004 15:37)

Jobs & People
Tony P. Hankins Tony P. Hankins has been appointed president of Huntsman Polyethylenes. Mr. Hankins joined Hunstman in 1999 from ICI. He most.... more
(02 March 2004 15:37)

Plastics In Brief
EMULSION POLYMERS RohmNova is increasing its prices for polystyrene pigment products, styrene butadiene and styrene butadiene acrylonitrile.... more
(04 March 2004 22:30)

Financial in Brief
Morgan Stanley has tempo-rarily suspended coverage of the major chemicals sector with the departure of veteran analyst Les Ravitz. Janney.... more
(04 March 2004 22:30)

Healthy Xanthan Gum Market Attracts New Competitors
Competition in the xanthan gum arena has intensified in the past year, with several major food ingredient more
(04 March 2004 22:30)

Food, Nutraceuticals & Vitamins in Brief
CARGILL Health and Food Technologies’ CoroWise brand of plant sterols is incorporated in GNC’s new Preventive Nutrition Heart Advance dietary.... more
(04 March 2004 22:30)

Cost Pressures for PAC Chemicals Lead to Price Hikes
Prices for aluminum-based water treatment chemicals have come under pressure in recent months more
(04 March 2004 22:30)

Inorganics in Brief
ALUMINUM CHLORIDE Products Geo Specialty Chemicals will increase off-list prices on all of its UltraFloc and UltraPac coagulants by 2c. per pound.... more
(04 March 2004 22:30)

FDA Approves the First Angiogenesis Inhibitor for the Cancer Market
Genentech Inc. scored a victory last month with the early approval of its long awaited cancer drug more
(04 March 2004 22:30)

Novartis, Genentech and Tanox Settle Xolair Dispute
Novartis Pharma AG, an affiliate of Novartis AG, Genentech Inc., and Tanox Inc. have settled all litigation among them regarding their.... more
(04 March 2004 22:30)

China Signals Green Light for Transgenic Oilseeds
China has loosened restrictions on transgenic crops with the recent issuance of the final safety certificates more
(04 March 2004 22:30)

Late Spot Oils Prices
LATE SPOT PRICES CRUDE VEGETABLE OILS* Coconut oil, t.l., N.Y. lb. 33.75c Corn oil, Midwest lb..... more
(04 March 2004 22:30)

Oils, Fats & Waxes in Brief
BUNGE Ltd.’s European arm, Bunge Europe, will acquire Polish edible oil and margarine producer Kama Foods for PLN81 million ($21.3 million). The.... more
(04 March 2004 22:30)

Petrochemicals in Brief
BTX The spot market was quiet but stronger prices in Europe and Asia have pushed spot benzene to the $2.05 per gallon range. Toluene deals have.... more
(04 March 2004 22:30)

Orphan Drugs Open Door to Opportunity in Small Markets
Generally overshadowed by blockbusters, medicines geared toward rare diseases can present a significant opportunity. more
(04 March 2004 22:30)

Pharmaceuticals in Brief
ATRIX Laboratories Inc. and licensing partner Sanofi-Synthelabo Canada received approval in Canada for Eligard, 30 mg (leuprolide acetate for.... more
(04 March 2004 22:30)

IT in Brief
AspenTech in Release Aspen Technology Inc. has enhanced its Regional Planning solution for the petroleum industry by adding capabilities for.... more
(04 March 2004 22:30)

US Manufacturing Growth Slows Slightly
The US manufacturing sector posted positive results for February, more
(04 March 2004 22:30)

Consumer Specialties Corner
Pulp and Paper Consolidation Georgia Pacific Corp. has sold its nonintegrated fluff and pulp operations to Koch Cellulose LLC, a subsidiary of.... more
(04 March 2004 22:30)

Superconductors Projected to Improve Nation’s Power Grid
Superconductors could play a key role in decreasing the congestion that plagues the nation’s power grid. more
(04 March 2004 22:30)

Specialties Pricing
Albemarle Corp. will increase the price of elemental bromine by 10c. per pound in the Nafta region effective April 1. Alco Chemical is.... more
(04 March 2004 22:30)

Chemical Prices for week ending March 5, 2004
These chemical prices are list, unless otherwise specified. These listings are based on pricing information obtained from suppliers. Posted prices do.... more
(04 March 2004 22:30)

Business Cost Structures: Location-Sensitive Factors
Geography is an important factor in a company’s competitiveness. Although other issues, more
(04 March 2004 22:30)

H.B. Fuller Acquires Adhesives and Resins Business
St. Paul, Minn.-based H.B. Fuller Company has purchased the adhesives and resins businesses of Probos SA, based in Oporto, Portugal, for an.... more
(05 March 2004 23:00)

Jobs and People
Edward C. Albini Edward C. Albini has been appointed vice president and chief financial officer at Novacea Inc. He joins the company from.... more
(05 March 2004 23:00)

Chemical Profile: Polyester Fibres
DEMAND 2001: 3,980 million pounds; 2002: 4,150 million pounds; 2006: 4,300 million pounds, projected. Demand equals production plus imports.... more
(05 March 2004 23:00)

Routs Takes Helm at Shell Chemicals
In the wake of a shake-up in the Royal Dutch Petroleum Company, Rob Routs, currently a member of the board of management of Royal Dutch Petroleum,.... more
(05 March 2004 23:00)

Sumitomo Expands Polarizing Film Capacity
With strong growth projected for LCDs, Sumitomo Chemical Company Ltd., in a move to strengthen its position in Korea and Taiwan, is increasing its.... more
(05 March 2004 23:00)

Tor Minerals Stock Soars, Then Slips
Tor Minerals International Inc. has seen its stock price rocket over the past few weeks more
(05 March 2004 23:00)

Agrium Awaits Permit to Expand Gypsum Storage, Fears Shutdown
Agrium Inc. says it will shut down its 680,000 tons-per-year monoammonium phosphate (MAP) plant in Alberta, Canada more
(05 March 2004 23:00)

Mississippi Chemical Closes Deal on Potash Assets Sale
Mississippi Chemical Corp. closed a deal last week in which it sold “substantially all” of its potash assets to Intrepid Mining LLC more
(05 March 2004 23:00)

Pressure Chemical to Divest Custom Chemicals Facility
Pressure Chemical Company has retained Randolph Partners LLC to assist in the divestiture of its custom chemicals facility in Leland, N.C. more
(05 March 2004 23:00)

Monsanto Contributes to Solutia Cleanup in Illinois
Monsanto Company has submitted an interim plan to the Environmental Protection Agency (EPA) agreeing to pick up part of the costs of the cleanup of a.... more
(05 March 2004 23:00)

Business In Brief
Bain Acquires Brenntag Bain Capital LLC completed its acquisition of Brenntag on February 27. Virtually all Brenntag businesses throughout.... more
(05 March 2004 23:00)

BASF Acquires Foam Enterprises
BASF Corp. has strengthened its polyurethanes business by buying Foam Enterprises Inc. more
(05 March 2004 23:00)

ACC Members Complete Vulnerability Study
In a progress report to the De-partment of Homeland Security, the American Chemistry Council says that all 140 of its member companies have completed.... more
(05 March 2004 23:00)

ACC Supports DHS Infrastructure Regulations
The American Chemistry Council says it supports new regulations issued by the Department of Homeland Security more
(05 March 2004 23:00)

ICCA Supports Stockholm Convention on POPs
The International Council of Chemical Associations says it welcomes the 50th government ratification of the Stockholm Convention on Persistent.... more
(05 March 2004 23:00)

Meti withdraws cracker call
JAPAN’s Ministry of Economy, Trade and Industry (Meti) no longer thinks that there is an urgent need for the country’s cracker operators to cut.... more
(01 March 2004 10:20)

Market Trends: Phenol soars by $150
Prices in SEA rise to a record high of $890-950/tonne, as predicted, on tight supply. Toluene offers and bids fall sharply, on large Chinese buyer.... more
(01 March 2004 10:22)

LGI considers EDC plant in Oman
LG INTERNATIONAL (LGI) is considering building an ethylene dichloride (EDC) plant in Sohar, Oman more
(01 March 2004 10:20)

MRC’s MMA plans for Asia and US
IN A bid to become the world’s largest producer of methyl methacrylate (MMA), Mitsubishi Rayon Co (MRC) is planning a second project in Asia and.... more
(01 March 2004 10:21)

Zeon to double cylo olefins
ZEON Corp expects to double the capacity of its 5000 tonne/year cylo-olefin polymer plant at Mizushima, Japan, in April or May more
(05 March 2004 20:03)

Teijin to up PC resin-sheet output
TEIJIN Chemicals, a core company of Teijin’s plastics business group, plans to increase production of polycarbonate (PC) resin sheets, which are used.... more
(05 March 2004 20:03)

Snippets
ECOGREEN Fine Chemicals Group of Xiamen, China, has said it would seek to raise up to HK$138m (US$17.7m) from an initial public offering of.... more
(05 March 2004 20:03)