ICIS - Search Articles by Date : June 07 2004 - June 13 2004

ACC Seeks to Redefine Its Focus
Faced with criticism from members and the recent departure of its CEO, the leadership of the American Chemistry Council (ACC) is working to define a.... more
(11 June 2004 19:34)

Business in Brief
FDA Approves 11 Firms To Sell Generic Cipro more
(11 June 2004 19:34)

BIO 2004 Celebrates Innovation and Evolution
Visitors from around the globe flocked to the Moscone Center in San Francisco last week to attend BIO 2004, the annual convention of the.... more
(11 June 2004 19:34)

Lyondell Gets EC Approval for Millennium Deal
Lyondell Chemical Company has received approval by the European Commission to acquire Millennium Chemicals Inc. for $2.3 billion, including the.... more
(11 June 2004 19:34)

Breaking News Roundup
BASF Declares Force Majeure on Polystyrene at Its Illinois Plant more
(11 June 2004 19:34)

Biopolymers Could Grow More Attractive
The manufacture of large-volume plastics from biological ma-terials and other renewable resources remains in its infancy, although the run-up in oil,.... more
(11 June 2004 19:34)

Plastics & Coatings in Brief
AIR PRODUCTS POLYMERS LP is launching a 5c. per wet pound price increase, effective June 21, for vinyl acetate homopolymer and copolymer emulsions,.... more
(11 June 2004 19:34)

Consumer Specialties Corner
Hain Celestial Buys Jason Natural more
(11 June 2004 19:34)

Trend Toward Consumer Well Being Drives Cosmeceuticals Growth
The cosmeceuticals market con-tinues to benefit from growing consumer preoccupation with health, a sense of well being and looking good. Growth in.... more
(11 June 2004 19:34)

Market Pressures Limit Innovation in Polymers For Personal Care
Polymer producers for person-al care markets are coping with regulatory issues, consolidation of their customer base and greater price pressures as.... more
(11 June 2004 19:34)

Dow Chemical Expands PO Capacity in Germany
Dow Chemical Company has raised the capacity of its propylene oxide (PO) plant in Stade, Germany, to 590,000 tons per year (1.3 billion pounds), an.... more
(11 June 2004 19:34)

Pioneer Hi-Bred to Help NCGA Quantify Ethanol Yield
In an effort to provide the ethanol industry with a standard platform for measuring the fermentation characteristics of corn, the National Corn.... more
(11 June 2004 19:34)

New Ashland Is Poised For Growth In the Event of a $3 Billion Refining Sale
Ashland will be flush with about $1 billion in net cash. Joseph Chang reports. more
(11 June 2004 19:34)

Reimportation Drug Bill Gains Senate Support
A bipartisan group of Senators says it has assembled the 60 votes needed to get a drug reimportation bill through the Senate, a move that some.... more
(11 June 2004 19:34)

Study Cites Worst Offenders In Chemical Security Arena
A dozen companies could each endanger more than 5 million Americans in the event of accidents or terrorist attacks at their chemical facilities,.... more
(11 June 2004 19:34)

Ammonia Pricing Rises on Strong Grain Fundamentals
Major pricing points for ammonia have all increased over the last month as high natural gas costs continue to impact the market. In response, several.... more
(11 June 2004 19:34)

Inorganics in Brief
ASTARIS LLC is increasing off-schedule prices on selected food and technical grade phosphoric acids and all polyphosphoric acids for orders placed or.... more
(11 June 2004 19:34)

Indevus Aims for OAB Market Share
Lexington, Mass.-based Indevus Pharmaceuticals Inc. will profit from the entry of its latest drug, Sanctura (trospium), into the fast-growing market.... more
(11 June 2004 19:34)

Life Sciences in Brief
BIOENVISION Inc. has completed filing a new drug application with the Food and Drug Administration (FDA) for clofarabine, a treatment for pediatric.... more
(11 June 2004 19:34)

Cubist Inks Rights to HepeX-B
Cubist Pharmaceuticals Inc. has signed a license agreement with XTL Biopharmaceuticals Ltd. (XTLbio) for the worldwide development and.... more
(11 June 2004 19:34)

Genentech Halts Sales, Alkermes Hit With Loss
Alkermes Inc. took a hit earlier this month when biotechnology firm Genentech Inc. announced it was halting sales of its growth hormone product,.... more
(11 June 2004 19:34)

Methanex Demands $970 MM for MTBE Losses
Methanex Corp., the world’s largest supplier of methanol, told a trade panel last week that the US should pay the firm $970 million in compensation.... more
(11 June 2004 19:34)

Clariant Cuts Staff at Two Swiss Facilities
Clariant is eliminating 250 to 280 jobs at its plants at Muttenz and Reinach in Switzerland as part of its program to reduce its global work force by.... more
(11 June 2004 19:34)

Emissions Trading Picks Up Steam
Emissions trading is beginning to gather steam in the European Union (EU) in anticipation of the introduction next year of an EU-wide plan for buying.... more
(11 June 2004 19:34)

Gelita Group Launches Collagen-Based Nutraceutical
Gelita Group, the global leader in the manufacture and supply of gelatin, plans to build up an international nutraceuticals business by launching a.... more
(11 June 2004 19:34)

PKN Orlen to Gain Control of Unipetrol
PKN Orlen of Poland has signed an agreement with the Czech Republic’s National Property Fund (FNM) to pay 13 billion koruna ($512 million) for.... more
(11 June 2004 19:34)

PVC Gets Boost From EU Report
European polyvinyl chloride (PVC) producers were given a boost last week by the conclusions of a European Union (EU) report that brightened their.... more
(11 June 2004 19:34)

Statoil Moves Foward on GTL Plans
Statoil has moved closer to its objective of being a leading producer of gas-to-liquids (GTL) with the start-up of a semicommercial GTL unit, which.... more
(11 June 2004 19:34)

New Catalysts to Reduce Trans Fats
With hydrogenated vegetable oils under scrutiny, major catalyst producers are developing possible so-lutions to address the trans fatty acid (TFA).... more
(11 June 2004 19:34)

Oils Late Spot Prices
LATE SPOT PRICES more
(11 June 2004 19:34)

Jobs and People
Vin Caraher more
(11 June 2004 19:34)

Researchers Say Higher Perchlorate Levels Pose No Threat
Even at significantly higher levels than recommended by California’s leading health assessment agency, per-chlorate in drinking water seems to pose.... more
(11 June 2004 19:34)

Olefins Stay Steady as Feedstocks Swirl
Olefin prices remained steady through May, but wildly fluctuating feedstock costs are likely to set prices moving, although in what direction remains.... more
(11 June 2004 19:34)

Petrochemicals in Brief
BTX Benzene is in a spot range of $2.68 to $2.72 per gallon, and the June contract has settled at $2.60. Toluene is $1.82 to $1.86 per gallon..... more
(11 June 2004 19:34)

Vitamin C Prices Hit New Lows on Chinese Imports
The market for ascorbic acid (vitamin C) remains dismal for US and European producers. Prices for the product, which have been on a downward spiral.... more
(11 June 2004 19:34)

Pharmaceuticals in Brief
ImClone Systems Inc. and Merck KGaA report that their cancer vaccine, IMC-BEC2, failed to meet the primary end point—survival—in a Phase III clinical.... more
(11 June 2004 19:34)

PolyOne Sells Melos Business
PolyOne Corp. has sold its Melos rubber granulates business to Melos’s management team, which is supported by investors from European banks and.... more
(11 June 2004 19:34)

Praxair to Buy Home Care Supply
In a move that will bolster its leading position in health care gases, Praxair Healthcare Services, a subsidiary of Praxair Inc., has agreed to.... more
(11 June 2004 19:34)

Energy Outlook: Oil and Natural Gas Upward Pricing Pressures Remain
Upward pricing pressures persist for oil and natural gas despite some improvements in market conditions. For oil, analysts say that a decision.... more
(11 June 2004 19:34)

The China Factor: The Wild Card in Global Energy Markets
China is one of the critical factors impacting both the short and long-term global energy equation, and analysts say how the country manages its.... more
(11 June 2004 19:34)

Rhodia Sells Phosphates Unit to Bain for $550 MM
As part of its €700 million ($840 million) divestment program, debt-laden specialty chemicals company Rhodia has finally agreed to sell its North.... more
(11 June 2004 19:34)

Plasticizers Show Strong Growth
Used in flexible polyvinyl chloride (PVC) applications such as flooring, wire and cable, carpet backing and wall covers, the market for plasticizers.... more
(11 June 2004 19:34)

Specialties Pricing
AKZO Nobel Functional Chemicals LLC’s phosphorus chemicals unit, on July 1, will increase the price of its chlorinated and non-halogenated Fyrol and.... more
(11 June 2004 19:34)

Oils, Fats & Waxes In Brief
CROMPTON Corp. will increase prices for all grades and packages of NF and vegetable grades of stearate products by 13 percent effective July 15, or.... more
(11 June 2004 19:34)

Why C2-refinery integration
IDEMITSU Kosan and Idemitsu Petrochemical are to integrate their cracker and refinery operations in Chiba and Tokuyama, Japan, on 2 August this year,.... more
(11 June 2004 17:44)

Ube ups captive use of capro
UBE Industries is to increase captive use of caprolactam and reduce exports of the product, a company source told ACN. more
(11 June 2004 17:44)

Yen31bn debt cut is Ube’s aim
THE main aim of Ube Industries’ new medium-term business plan for 2004-06 is a reduction of its net interest-bearing debt, ACN was told. more
(11 June 2004 17:44)

DuPont in China production deal
DUPONT Engineering Polymers has signed a production agreement with Super Engineering Plastics Shanghai Co under which the latter will produce.... more
(11 June 2004 17:44)

Specialities roundup
DANISH pharmaceuticals firm Novo Nordisk has denied allegations that it paid bribes to Brazilian health ministry officials in exchange for.... more
(11 June 2004 17:44)

JOL’s hopes for first buys
JUBILANT Organosys Ltd (JOL) expects its recent acquisition of Pharmaceutical Services Inc (PSI) and PSI Supply to generate sales of up to Euro13.44m.... more
(11 June 2004 17:44)