Chemical Business Newsbase articles from January 2002

Chemical Business Newsbase archives from January 2002

Plastics News: The heat is off.
January 31, 2002... DuPont's heat resistant Zytel HTN nylon material is utilised by AEG/ Electrolux in its line of kitchen stoves. The material offers continuous high distortion temperature of 290 degC, short cycle times and excellent mould-fill characteristics....

Plastics News: Resisting the flames.
January 31, 2002... GE Plastics has introduced Cycoloy C2951 to its product range intended for household appliances. The new resin grade exhibits improved 5VA flame peformance amongst its PC/ABS flame retardant products under the GE Cycoloy range. It also...

Plastics News: Getting in a spin.
January 31, 2002... Advanced Elastomer Systems's (AES) Santropene TPE is being utilised in Whirlpool's Scirocco tumbler dryer. The material is utilised in the dryer's condenser, air filter and door seals. The material offers enhanced performance as compared to...

Plastics News: ICO enters into supply agreement with DuPont.
January 31, 2002... A supply deal with DuPont enables ICO to launch its first grades of Icorene powders for rotational moulding. The Icorene K300 line is comprised of thermoplastic elastomer products that can easily be moulded, exhibit nominal hardness in the...

Plastics News: Organic blend.
January 31, 2002... Crompton Corp offers OBS organic-based stabilisers for rigid PVC pipe applications. The additives, which can serve as an alternative to heavy metal stabilisation, have been produced based on a patented organic molecule with distinctive...

Kunststof en Rubber: Gas phase metallocene ethylene propylene diene rubber.
January 31, 2002... DuPont Dow Elastomers is a joint venture of DuPont and Dow Chemical. It is planning to develop, produce and sell a series of gas phase ethylene propylene diene rubbers (EPDM) with Dow. Production will be in the Union Carbide plant in...

Kunststof en Rubber: DSM technology for special films.
January 31, 2002... Teijin Ltd, Japan, is to use DSM technology for the production of Solufill porous polyethylene (PE) film filled with a ceramic powder, and have world-wide selling rights for Solufill. The extremely thin film will be used as a ceramic green...

Kunststof en Rubber: Concorde: DuPont composite for fuel tanks.
January 31, 2002... After the crash of the Concorde a year earlier in Paris, France, the first commercial flight was made again in Nov 2001. DuPont supplied aramid fibres (Kevlar)for a composite with a matrix of fluoroelastomer to cover the fuel tanks....

Kunststof en Rubber: Fashion: belt using DuPont plastics.
January 31, 2002... OrangTiga has launched the Brani Waistwear range of fashionable belts which are made entirely of DuPont plastics: the belt itself from Hytrel thermoplastic elastomer (TPE); the buckle from Minlon nylon; the release from Delrin...

Kunststof en Rubber: UV stabilisors: from Cytec Industries.
January 31, 2002... Cyctec Industries supplies stabilisors for the plastics industry. It has launched a new range the Cycsorb THT UV stabilisors. These are based on triazine hindered amines light stabilisors to provide lasting stabilisation of polyolefins,...

Kunststof en Rubber: Adhesives in place of screws: 3M.
January 31, 2002... 3M is large company, which in 2000 had 75,000 employees and a turnover of $17 bn. It has about 50,000 different products, ranging from components for space travel to scourers. It has divided into 6 markets: electro and communication; health;...

Kunststof en Rubber: Thermoplastic elastomers: from Advanced Elastomer Systems.
January 31, 2002... Advanced Elastomer Systems was set up in 1991 to merge the thermoplastic elastomer (TPE) activities of ExxonMobil and Solutia. From 1995 to 2000 the consumption of TPEs increased from 1.26 M to 1.76 M tonnes. The products discussed include...

Kunststof en Rubber: Materials and services: GE Plastics and GE Polymerland.
January 31, 2002... Under the motto `The gateway to the plastics universe` GE Plastics shows its material and services for the developement and design of plastic products. GE Polymerland is a distributor of technical plastics. Products discussed include: Noryl...

Kunststof en Rubber: StaMax: glass fibre reinforced thermoplasics.
January 31, 2002... StaMax is a joint venture between Owens Corning and DSM, which was established in 1999, to combine know-how and knowledge from both companies. It supplies StaMax P a polypropylene (PP)/glass fibre composite. The first product is a door module...

Kunststof en Rubber: Environmental effect; cladding for houses.
January 31, 2002... Trespa International BV, Weert, Netherlands, specialises in sheet material for cladding houses and interior applications. It uses thermosetting resins (phenol resin) reinforced with 70% wood fibre (Trespa Meteon) or 70% kraft paper (Trespa...

Kunststof en Rubber: Processings aids: from Axel Plastics.
January 31, 2002... Axel Plastics Research Laboratories supplies additives and lubricants for rubber. A new brochure, in table form, provides a guide to help make a choice. Xtend W7280 is a mould release agent for piping. MoldWiz INT-52EPR is a mould release...

Reinforced Plastics: OC finds new solution.
January 31, 2002... The Roofing Solutions and Composites Systems businesses of Owens Corning are being integrated into one unit called Composite Solutions. The two businesses achieved a combined sales of approximately $1.4 bn/y, representing 25% of Owens...

Reinforced Plastics: Reichhold to produce gel-coats in Norway.
January 31, 2002... Reichhold is projected to commence gel-coats production at its facility in Fredrikstad, Norway in Jan 2003. This facility is expected to cater to its Scandinavian customers and allow the firm to offer better service by rolling out new and...

Reinforced Plastics: Bada Plast of Germany forms production and marketing alliance with the European Engineering Plastics unit of BASF.
January 31, 2002... The Engineering Plastics of BASF in Europe has established a production and marketing alliance with Bada Plast of Germany for its speciality grades of Ultramid PA and Ultradur PDT engineering thermoplastics. The deal will allow Bada to market...

Reinforced Plastics: BGF Industries registers lower quarter net sale for quarter ended 30 Sep 2001.
January 31, 2002... BGF Industries Inc saw a drop in net sales for the quarter ended 30 Sep 2001 to $35.2 M, falling 31.5% against the same period in 2000. The company achieved higher sales for glass, carbon, and aramid fibres for composites. BGF produces...

Reinforced Plastics: 'Nano' is better?
January 31, 2002... Polymeric Supply Inc has entered into a marketing and distribution alliance with Nanocor Inc. The alliance calls for Polymeric Supply to provide Nanocor's Nanomers clay nanoparticles for thermoset formulations and utilise them in its own...

Reinforced Plastics: Technology improves thickening.
January 31, 2002... Plasticolors Inc USA has introduced Accumag technology intended for sheet, bulk and thick moulding compound (SMC/BMC/TMC). This technology contains consistently reactive magnesium oxides and employs a novel quality control method to provide...

Japan Chemical Week: Mitsubishi Corp: searching for functional tie-ups with manufacturers.
January 31, 2002... During fiscal 2001, Mitsubishi Corp started its MC 2003 plan, which has a target of consolidated net income of Yen 120 bn and a capital stock ratio of 12%. Mitsubishi Corp has acknowledged that by operating as a trading house, it suffers...

Japan Chemical Week: Marubeni Corp: allocating 70-80% of divisional investment to electronics materials.
January 31, 2002... In 2001, Marubeni agreed a financial restructuring plan for the ethylene manufacturer, Chandra Asri, with the Indonesian Government. It will dispose of consolidated losses of Yen 208 bn in Mar 2002. Marubeni regards electronics materials as...

Japan Chemical Week: Nichimen Corp: seeking synergies with a series of business alliances.
January 31, 2002... Nichimen is undertaking a medium-term plan for 2001-2002 which aims to achieve a gross profit of Yen 153 bn in the period ending fiscal 2003. The companies in the chemical division have already achieved 80-90% of targeted profits. The...

Japan Chemical Week: Japan: chemical production capacity in Sep 2001.
January 31, 2002... The table gives details of chemical production capacity and operating rates in Japan in Sep 2001. The following categories are included: ammonia and its derivatives, phosphate fertilizers, soda products, inorganic chemicals and pigments,...

Japan Chemical Week: Central Glass acquires fluorine compounds venture in US.
January 31, 2002... Central Glass has purchased Synquest Laboratories Inc, a US contract custom manufacturer of fluorine compounds for use in R&D. Synquest has been converted into a subsidiary of Central Glass. Synquest has sales of $3 M/y and its portfolio...

Japan Chemical Week: Demand for polyolefin contracting further.
January 31, 2002... Demand for polyolefin resins in Japan is falling at the same time as inventories are rising. The high price of raw material naphtha is being maintained at Yen 20,000/kg.

Japan Chemical Week: Fertilizer industry stepping up reorganisation.
January 31, 2002... Japanese fertilizer production is declining due to a shrinking paddy acreage and cheap rice imports. As a result, Nissan Chemical Industries has undertaken a thorough reorganisation. Mitsubishi Chemical announced in Sep 2001 that it would...

Japan Chemical Week: Arysta in succession of agrochemical acquisitions worldwide.
January 31, 2002... Arysta Life Sciences, the new company which incorporates the life science businesses of Nichimen and Tomen, is pursuing acquisitions in its core business of agrochemicals. Along with Nippon Kayaku, it purchased the insecticide Evisect from...

Japan Chemical Week: Sumitomo Chemical gears up home garden sector.
January 31, 2002... Rainbow Pharmaceutical, the second biggest home horticultural pesticide player in Japan, is to become a subsidiary of Sumitomo Chemical. Rainbow Pharmaceutical is now aiming to boost its turnover by 10%/y. Rainbow holds 20% of the Japanese...

Japan Chemical Week: Mitsui and Co to purchase US biopesticide patents.
January 31, 2002... Mitsui & Co's wholly-owned subsidiary in the US, Certis USA, is to acquire Ecogen's biopesticides, patents and registrations. The products involved have sales of $10 M/y.

Japan Chemical Week: Japan: chemical production in Oct 2001.
January 31, 2002... The table gives details of the production of chemicals in Japan in Oct 2001. Categories included in the table are: ammonia and its derivatives, phosphatic compound fertilizers, chloralkali products, inorganic chemicals and pigments,...

Japan Chemical Week: Taiyo Ink to make conductive silver paste in South Korea.
January 31, 2002... In Spring 2002, Taiyo Ink's subsidiary in South Korea will start manufacturing conductive silver paste for coating the through-holes of double sided rigid substrates. The plant will have a capacity of several tonnes/month. Silver-coated...

Japan Chemical Week: Japan: medicaments production in Jan 2001.
January 31, 2002... The table gives details of the production of drugs and medical products in Japan in Jan 2001. Total production was Yen 523,204,819,000. The sector with the largest production amount was cardiovascular agents at Yen 75,626,433,000. Figures...

Japan Chemical Week: Fujisawa sets immunosuppressant sales worldwide at Yen 150 bn in 2005.
January 31, 2002... Fujisawa Pharmaceutical is planning to expand its sales of immunosuppressants to Yen 130 bn by fiscal 2005 through application and sales expansions in overseas markets. This represents an 80% increase over the current business year. The...

Business Line: Ranbaxy to get $15 M from Eli Lilly divorce.
January 31, 2002... Ranbaxy Laboratories Ltd (Ranbaxy) has received $5 M from the US-based Eli Lilly and Co, as part of termination of their manufacturing agreement with Ranbaxy Pharmaceutical Ltd, a 100% subsidiary of Ranbaxy. Eli Lilly has also transferred and...

Business Line: Pullangode Rubber & Produce Co reports net loss for 3Q 2001-2002. [1 table].
January 31, 2002... The Pullangode Rubber & Produce Co Ltd incurred a net loss of Rup 194,000 on net sales/income from operations of Rup 8.047 M for 3Q ended Dec 2001 as against its net profit of Rup 1.718 M on net sales/income from operations of Rup 6.327 M in...

Business Line: Rubfila International announces results for 3Q 2001-2002. [1 table].
January 31, 2002... Rubfila International Ltd recorded a net profit of Rup 10.637 M on net sales/income from operations of Rup 81.629 M for 3Q ended Dec 2001 as against its net loss of Rup 5.389 M on net sales/income from operations of Rup 78.085 M in 3Q ended...

Business Line: GMDC 3Q 2001-2002 net profit up. [2 tables].
January 31, 2002... Gujarat Mineral Development Corp Ltd (GMDC) recorded a net profit of Rup 169.743 M on sales income of Rup 653.354 M for 3Q ended Dec 2001 as against its net profit of Rup 109.709 M on sales income of Rup 559.964 M in 3Q ended Dec 2000. For...

Business Line: Reliance Petro net profit, sales down in 3Q 2001-2002. [1 able].
January 31, 2002... Reliance Petroleum Ltd has reported a net profit of Rup 4.02 bn on sales of Rup 81.66 bn for 3Q ended Dec 2001 as against its net profit of Rup 4.08 bn on sales of Rup 91.49 bn in 3Q ended Dec 2000. Net profit for the nine months ended Dec...

Business Line: Marginal fall in MRF net profit for 1Q 2001-2002.
January 31, 2002... MRF Ltd posted a net profit of Rup 91.6 M on net sales of Rup 4589.1 M for 1Q ended Dec 2001 as against its net profit of Rup 96.4 M on net sales of Rup 4354.6 M in 1Q ended Dec 2000.

Business Line: Hindalco sales rise, net profit at Rup 1.655 bn for 3Q 2001-2002; board okays buyback.
January 31, 2002... Hindalco Industries Ltd (Hindalco) recorded a net profit of Rup 1.655 bn on net sales of Rup 5.774 bn for 3Q ended Dec 2001 as against its net profit of Rup 1.651 bn on net sales of Rup 5.611 bn in 3Q ended Dec 2000. During the nine months...

Business Line: IPCL 3Q 2001-2002 net profit slumps 22% to Rup 192.2 M.
January 31, 2002... Indian Petrochemicals Ltd (IPCL) recorded a 22% lower net profit at Rup 192.2 M on sales of Rup 10.7273 bn for 3Q 2001-2002 as against its net profit of Rup 231.7 M on sales of Rup 11.6777 bn in 3Q 2000-2001. Sales of petrochemicals were Rup...

Business Line: India Cements posts Rup 262.5 M loss in 3Q 2001-2002.
January 31, 2002... India Cements has incurred a loss of Rup 262.5 M on an income of Rup 2577.7 M for 3Q ended Dec 2001 as against its net profit of Rup 126 M on an income of Rup 3340.6 M in 3Q ended Dec 2000. The increase in prices of cement to Rup 2513/tonne...

Business Line: Ceat posts Rup 13.9 M net profit in 3Q 2001-2002.
January 31, 2002... The RPG Enterprise, Ceat Ltd, recorded a net profit of Rup 13.9 M on gross sales of Rup 3345.7 M for 3Q ended Dec 2001 as against its loss of Rup 52.1 M on gross sales of Rup 2925 M in 3Q ended Dec 2000. The company's improved performance can...

Business Line: Madras Cements net profit falls 89% for 3Q 2001-2002.
January 31, 2002... Madras Cements Ltd posted a 89% decrease in net profit at Rup 12.2 M on net sales of Rup 1514.6 M for 3Q ended Dec 2001 as against its net profit of Rup 113.4 M on sales of Rup 1456.6 M in 3Q ended Dec 2000. The company produced 646,000...

Business Line: Binani Zinc plans Rup 350 M expansion.
January 31, 2002... Binani Zinc, a division of Binani Industries Ltd, has proposed to expand its zinc manufacturing capacity from the present 30,000 tonnes to 38,000 tonnes investing Rup 350 M by the end of 2003. The company has also planned about Rup 5 bn...

Business Line: Sterlite Optical net profit hit by low OFC prices during 3Q 2001-2002.
January 31, 2002... Sterlite Optical Technologies Ltd recorded lower net profit at Rup 79.9 M on net sales of Rup 2160.4 M for 3Q 2001-2002 as against its net profit of Rup 894.6 M on net sales of Rup 3222.2 M in 3Q 2000-2001. Indian sales of the company were...

Business Line: Valentine's range from Oriflame.
January 31, 2002... Oriflame India Ltd has introduced Valentine's range of products that includes a Valentine lipstick in a special Valentine shade priced at Rup 45, a nail polish priced at Rup 55/8 ml packs, Valentine EdT priced at Rup 110/30 ml bottle and a...

Business Line: Elgitread (India) 3Q 2001-2002 net profit down. [1 table].
January 31, 2002... Elgitread (India) Ltd recorded a net profit of Rup 24.85 M on net sales/income from operations of Rup 205.52 M for 3Q ended Dec 2001 as against its net profit of Rup 46.89 M on net sales/income from operations of Rup 193.79 M in 3Q ended Dec...

Business Line: Silcal Metallurgic posts loss for 3Q 2001-2002. [1 table].
January 31, 2002... The Silcal Metallurgic Ltd incurred a net loss of Rup 13.9 M on net sales/income from operations of Rup 13.7 M for 3Q ended Dec 2001 as against its net profit of Rup 2.4 M on net sales/income from operations of Rup 46.2 M in 3Q ended Dec...

Dagens Naeringsliv: Astra Zeneca results up in 4Q 2001.
January 31, 2002... In 4Q 2001 Astra Zeneca reported a pretax result of $1102 M, compared with $1034 M in 4Q 2000. Operating results were up from $971 M to $1090 M.

Dagens Naeringsliv: Amersham research collaboration with Pfizer.
January 31, 2002... Amersham Health has entered into a collaborative agreement with Pfizer. It will use its imaging technology for early diagnosis linked to selection of the appropriate drug regime for treating Parkinson's and Alzheimer's disease as well as...

Press Release: Petroleum subsidy account nears zero in Dec 2001.
January 31, 2002... The Petroleum-subsidy account neared zero in Dec 2001 as the balance shifted from state-owned oil giant Petrobras to the Federal Treasury. The account, which is due to be phased out, transfers money from the treasury to Petrobras at times of...

Press Release: Brazil CRVD to invest $600 M in aluminium operations.
January 31, 2002... Brazilian mining giant Cia Vale do Rio Doce (CVRD) would invest over $600 M to expand its activities in the aluminium segment. CRVD would invest $300 M at Mineradora Rio do Norte to increase output capacity to 16.3 M tonnes, from the current...

Press Release: Amersham Health signs global collaborative research agreement with Pfizer Inc.
January 31, 2002... Amersham Health has entered into a collaborative agreement with Pfizer Inc to link early and accurate diagnosis of disease with targeted effective therapy. Under the agreement, Pfizer will fund imaging research programmes in Amersham Health's...

Press Release: Onyx awarded European Patent for viral cancer therapy.
January 31, 2002... Onyx Pharmaceuticals Inc announced that the European Patent Office has granted the company European Patent No 931830B1, which covers replicating viral-based therapy for treating cancer. The patent specifically covers the use of modified...

Press Release: Pozen Inc commences final MT 300 Phase III trial.
January 31, 2002... Pozen Inc has commenced the second and final planned Phase III pivotal trial for approval of MT 300, the company's injectable product candidate for the treatment of severe migraine. Pozen expects to complete this trial in the clinic during 2Q...

Press Release: Mexico approves Viragen's natural interferon.
January 31, 2002... Viragen Inc and Viragen International Inc announced the approval of its natural human alpha interferon for sale in Mexico. The Mexican regulatory authorities approved an application filed by Viragen's new strategic partner, Laboratorios Pisa....

Press Release: InterMune relaunches Infergen for hepatitis C infections.
January 31, 2002... InterMune Inc has relaunched Infergen (interferon alfacon-1) for the treatment of chronic hepatitis C infections. Effective immediately, InterMune's recently expanded sales force will focus on hepatologists and support them in the safe and...

Press Release: Xopenex approved for paediatric use.
January 31, 2002... Sepracor announced that the US Food and Drug Administration has approved Xopenex brand levalbuterol HCl inhalation solution for the treatment or prevention of bronchospasm in children 6 to 11 years old with reversible obstructive airway...

Press Release: Hemosol commences second Hemolink study in the US.
January 31, 2002... Hemosol Inc announced that the US Food and Drug Administration (FDA) has given the company notice to proceed with a key clinical trial of its lead oxygen therapeutic, Hemolink (haemoglobin raffimer), in "re-do" cardiac bypass grafting (CABG)...

Press Release: Rigel collaboration with Johnson & Johnson Pharmaceutical Research & Development yields validated targets for cancer drug development.
January 31, 2002... Rigel Pharmaceuticals Inc (Rigel) announced that its oncology collaboration with Johnson & Johnson Pharmaceutical Research & Development LLC (Johnson & Johnson) has resulted in the acceptance by Johnson & Johnson of two validated drug...

Press Release: Bradley Pharmaceuticals exceeds 2001 goal of 400,000 new prescriptions for key brands ... sets new goal of 800,000 new prescriptions for 2002.
January 31, 2002... Bradley Pharmaceuticals Inc (Bradley) has surpassed its 2001 goal of 400,000 new prescriptions for key promoted brands. The independent audit data for 2001, now ended, shows that Bradley achieved 401,100 new prescriptions (+94% over 207,000...

Press Release: Data demonstrate Femara (letrozole tablets) is more effective than anastrozole in inhibiting oestrogen production in advanced breast cancer.
January 31, 2002... Data from a randomised study examining the ability of Femara (letrozole tablets) to inhibit total body aromatisation and suppress plasma oestrogen levels in 12 postmenopausal women with metastatic breast cancer compared to Arimidex...

Press Release: Deltagen announces first drug development target from its research pipeline.
January 31, 2002... Deltagen Inc announced the identification of DT011M, a key insulin-mediating drug target, for the potential treatment of obesity and related diseases, such as diabetes. Deltagen has plans to initiate a chemical screening program and compound...

Press Release: Schering-Plough reports on suits filed against companies seeking to market generic OTC loratadine.
January 31, 2002... In response to media inquiries, Schering-Plough Corp has sued McNeil Consumer Healthcare and Whitehall-Robins Healthcare for filing applications with the US Food and Drug Administration (FDA) that Schering-Plough believes seek to market...

Press Release: Right better than left in asthma medication for children.
January 31, 2002... A new, large-scale study shows that levalbuterol, a purified form of the widely used asthma medication albuterol, is effective for children in much smaller doses with fewer side effects than the standard medication. Levalbuterol contains...

Press Release: Guilford Pharmaceuticals announces European regulatory submission for expanded use of Gliadel Wafer.
January 31, 2002... Guilford Pharmaceuticals Inc has filed a submission in Europe seeking an expanded indication for its innovative cancer therapy, Gliadel Wafer, for use during initial surgery for malignant glioma. Currently, Gliadel Wafer, is approved in 24...

Press Release: Pre-marketing notification 510(k) filed with FDA for LAM wound product.
January 31, 2002... LAM Pharmaceutical Corp (LAM) has filed a 510(k) pre-market notification submission with the Food and Drug Administration (FDA) in the US for its wound care product. Formerly known as "LAM Ulcer Matrix", the product is now known as LAM IPM...

Press Release: Echelon Research Laboratories Inc and Comgenex Inc announce a drug discovery alliance for novel inhibitors of lipid kinases and phosphatases.
January 31, 2002... ComGenex Inc and Echelon Research announced a discovery alliance aimed at such diverse areas as cancer, heart and inflammatory diseases. In the collaboration, ComGenex will provide its drug discovery chemistry capabilities including high...

Press Release: Barr receives approval for generic Prozac 10 mg capsules; company will launch immediately.
January 31, 2002... Barr Laboratories Inc has received approval from the US Food & Drug Administration for fluoxetine capsules, USP 10 mg, the generic equivalent of Lilly's Prozac capsules. The company expects to launch the product immediately. Fluoxetine...

Press Release: Biophage and Biopolymer Engineering sign joint agreement to develop pharmaceuticals to fight bio-warfare infections.
January 31, 2002... Biophage Pharma Inc (Biophage) and Biopolymer Engineering Inc (Biopolymer) announced an agreement to research and commercialize pharmaceutical applications of Biopolymer's immune modulators in the prevention and treatment of a variety of...

Press Release: Watson acquires US rights to Actigall.
January 31, 2002... Watson Pharmaceuticals Inc (Watson) has acquired US rights to Actigall (ursodiol USP capsules) from Novartis Pharmaceuticals Corp (Novartis). Actigall contains ursodiol, a naturally occurring bile acid, and was introduced in the US in 1988....

Press Release: FDA advisory committee recommends approval of Novartis drug Zometa (zoledronic acid for injection) for the treatment of cancer-related bone complications.
January 31, 2002... Novartis announced that the Oncologic Drugs Advisory Committee (ODAC) of the US Food and Drug Administration (FDA) recommended approval of Zometa (zoledronic acid for injection) for the treatment of bone complications (metastases) associated...

Press Release: Hybrigenics and Mindsense Biosystems announce collaboration in the field of mental disorders.
January 31, 2002... Hybrigenics SA and Mindsense Biosystems Ltd (Mindsense) entered into a collaboration to identify novel biomarkers and drug targets for the diagnosis and possible treatment of depression. Hybrigenics will apply its proprietary high throughput...

Press Release: SemBioSys Genetics Inc to receive C$ 2.4 M from AVAC Ltd.
January 31, 2002... SemBioSys Genetics Inc (SemBioSys) will receive a repayable C$ 2.4 M investment from AVAC. The funds will be used by SemBioSys to fully develop its technology platform to address the production of monoclonal antibodies (mABs). The...

Press Release: Digene receives $15 M in equity placement.
January 31, 2002... Digene Corp has received gross proceeds of $15 M in a direct private placement equity transaction under which Digene sold 588,235 shares of its common stock to Acqua Wellington Pvt Placement Fund Ltd and Acqua Wellington Opportunity I Ltd....

Press Release: CT Holdings announces letter of intent to acquire emerging developer of chemical and biological products.
January 31, 2002... CT Holdings Inc has entered into a letter of intent to acquire 100% of the shares of American Natural Technology Sciences (ANT Sciences) for a combination of stock and a future interest in royalties. ANT Sciences is a company engaged in the...

Press Release: Neville Chemical Co announces new distributor in New England.
January 31, 2002... DN Lukens Inc will be a full service distributor of Neville Chemical Co's product line from 1 Feb 2002. DN Lukens' territory will include the States of Connecticut, Rhode Island, Massachusetts, Maine, New Hampshire and Vermont with their main...

Press Release: Lyondell to acquire Occidental's 29.5% stake in Equistar; Occidental to acquire equity position in Lyondell.
January 31, 2002... Lyondell Chemical Co (Lyondell) has agreed in principle with Occidental Petroleum Corp (Occidental) to acquire Occidental's 29.5% share of Equistar Chemicals LP. Occidental will purchase an equity investment position in Lyondell, the cash...

Press Release: Cabot Corp agrees to purchase remaining shares of Japanese tantalum joint venture.
January 31, 2002... Cabot Corp has reached an agreement to purchase the remaining shares in Showa Cabot Supermetals KK (Showa Cabot) in Japan, from its joint venture partner, Showa Denko KK. Showa Cabot is a supplier of tantalum powders and metal products to...

Press Release: ICI planned rights issue, 2001 profit estimate and planned divestment of Synetix.
January 31, 2002... Imperial Chemical Industries PLC (ICI) notes the speculation about a possible rights issue and confirms that it is in the advanced stages of preparation for a rights issue to raise about #800 M, net of expenses. ICI also intends to divest its...