Archive | June, 2009

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Huntsman deal value lies in the debt

At first glance, Huntsman’s $1.73bn cash and financing settlement with Credit Suisse and Deutsche Bank stemming from its busted $10.6bn planned merger with Hexion Specialty Chemicals appears underwhelming. Huntsman actually gets just $632m in cash, including $12m for the reimbursement of litigation costs. You’d think in today’s environment, where banks are public enemy number one, […]

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Why we need smart thinking about PR

When the European Chemicals Agency unveiled its top picks of chemicals of high concern to be dealt with most urgently under the EU’s Reach chemical regulation, long-established flame retardants were included. Elsewhere, a plethora of bans and restrictions on substances such as these, plus other plastic additives, are coming into force. In the US, the […]

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All change in agchems

Strolling through a glasshouse at Kew Royal Botanical Gardens, London, the other day; I noticed some strange paper packets hanging from the branches of the exotic trees growing there. Closer inspection revealed the name Syngenta. I’d discovered a biological control device full of organisms which would control pests. The fact that a world-class garden such […]

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Industry rages at European Chemicals Agency

Last week I attended an unforgetable conference in Helsinki. This piece I wrote just afterwards sums up the atmosphere.  Would love to know if anyone else who was there agrees?If two words could sum up the mood of chemical sector representatives at the recent gathering in Helsinki, Finland, they would be “frustration” and “anger.”The European […]

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Looking beyond the GM bankruptcy

The bankruptcy filing of the once dominant US auto giant General Motors (GM), though widely expected, will have ripple effects across the supply chain. Businesses will be sold off and shut down, and production will shift to smaller, more fuel-efficient cars, as GM seeks to transform itself into a leaner, more cost-competitive company. The chemical industry […]

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