German chemical manufacturer Hoechst has agreed to plead guilty and pay a $12 million fine for conspiring to fix prices for monochloroacetic acid between 1995 and 1997.
Monochloroacetic acid is used in plastic additiv...
BASF have just increased the output of two of its operations.
Production capacity of their Ulsan/Korea polytetrahydrofuran (PolyTHF) plant has been boosted from 30,000 tons per year to 40,000 tons per year by debottle...
Since first being unveiled as a concept car in Paris in 2000, the Porsche Carrera GT has been aimed purely at the likes of Ferrari and Lamborghini. The new Porsche which will be unveiled at the Geneva Motor Show in March...
A consortium involving LG Chem and Honan Petrochemicals Corp have emerged as the most likely to acquire troubled Hyundai Petrochem who have been looking for a buyer since early last year.
The consortium was selected a...
DSM and Carbon Nanotechnologies Inc. have agreed to form an alliance with the purpose of developing high performance materials using single-walled carbon nanotubes.
Single-walled carbon nanotubes are also known as buc...
Mitsubishi Chemical have agreed to transfer their share of BASF Dispersions, (a the joint venture between Mitsubishi Chemical and BASF) to BASF Japan.
The two companies have also agreed that BASF will transfer their s...
Engelhard Corp and Nippon Sheet Glass have formed an alliance to develop and market new special effect pigments for manufacturers of coatings, plastics, inks and cosmetics.
The two companies are developing a new metal...
3M have just completed the acquisition of the Solvay subsidiary Solvay Fluoropolymers Inc, via their subsidiary Dyneon. Terms of the transaction were not disclosed.
The purchase includes a polyvinylidene fluoride (PVD...
A memorandum of understanding has been signed by the directors of their respective companies regarding the acquisition of Constab Additive Polymers by Kafrit International.
The acquisition will involve all the manufac...
PolyOne a global polymer services company announced today that it would be reducing its workforce by about 5% in a effort to reduce costs.
The reductions will come primarily from North America and will consist of 400 ...
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