Chemical Business Newsbase articles from November 2000

Chemical Business Newsbase archives from November 2000

AUSTRALASIAN BIOTECHNOLOGY: Yunnan to build Chinese Biotech Valley.
November 22, 2000... RMB Yuan 20 bn has been promised by the Chinese government to establish a Chinese Biotech Valley in Yunnan, similar to Silicon Valley in California, US.

AUSTRALASIAN BIOTECHNOLOGY: Amgen opens new Melbourne office.
November 22, 2000... On 17 Aug 2000 Amgen Australia opened new office, laboratory and storage areas at Level 1, 801 Glenferrie Road, Hawthorn, Vic 3122 in Melbourne, Australia. With sales of over $3 bn/y and a market capitalization of $75 bn, Amgen is the...

AUSTRALASIAN BIOTECHNOLOGY: New Victoria Institute of biotechnology launched.
November 22, 2000... A joint venture between the Austin Research Institute and Victoria University has been launched in Australia. To be known as the Victoria Institute of Biotechnology it will provide A$17.7 M in new and refurbished buildings and A$9.17 M in...

AUSTRALASIAN BIOTECHNOLOGY: Ingard approved.
November 22, 2000... The Federal Health Minister in Australia approved the commercial release of Roundup Ready cotton and Roundup Ready/INGARD Cotton by Monsanto in Australia during Aug 2000 following an assessment and public consultation by the Interim Office of...

AUSTRALASIAN BIOTECHNOLOGY: Diabetes gene discovered.
November 22, 2000... A milestone payment of $737,000 has been paid to the Australian biotechnology Autogen Ltd by the Germany pharmaceutical company, Lipha sa, a subsidiary of Merck KGaA. Autogen has discovered a new gene associated with diabetes. The...

AUSTRALASIAN BIOTECHNOLOGY: CRC targets strep throat.
November 22, 2000... A licensing and collaboration agreement has been signed by the Cooperative Research Centre for Vaccine Technology and Vaccine Solutions Pty Ltd in Australia with Active Biotech AB of Lund in Sweden regarding the development of a new peptide...

AUSTRALASIAN BIOTECHNOLOGY: GroPep growth factor.
November 22, 2000... During 1999-2000 GroPep Ltd, the biotechnology company based in Adelaide, South Australia, reported a net profit of A$49,000. This represents a turnaround of A$715,000 compared to the previous year. Revenues increased from A$3.942 M...

AUSTRALASIAN BIOTECHNOLOGY: Bresagen offered A$4.8 M grant to find Parkinson's cure through cell therapy.
November 22, 2000... A START grant worth A$4.8 M has been offered to the biotechnology company, BresaGen Ltd, of Adelaide, Australia by the Commonwealth Government. It will be used to strengthen and accelerate the company's programme of cell therapy...

AUSTRALASIAN BIOTECHNOLOGY: Thrombogenix secures funding.
November 22, 2000... A$7.2 M has been allocated to Thrombogenix Pty Ltd by Rothschild Bioscience Fund, the Thorney Group, Macquarie PRISM and Macquarie Investment Managers, allowing it to continue the development of drugs to prevent blood clotting. Human...

AUSTRALASIAN BIOTECHNOLOGY: Faulding results.
November 22, 2000... During 1999-2000 the Australian pharmaceutical company, Faulding Ltd reported a 32% increase in earnings before interest and tax (EBIT) to A$141.9 M on sales that rose 16% to A$2.33 bn. Net profit after tax improved 26% to A$78.3 M. ...

AUSTRALASIAN BIOTECHNOLOGY: Virax announces preliminary final results.
November 22, 2000... For the year ending 30 Jun 2000 Virax Holdings Ltd of Australia reported a net loss of A$2.4 M compared to a net loss of A$1.4 M in the previous year. Investment in R&D increased from A$1.22 M to A$1.9 M. Total revenues fell to...

AUSTRALASIAN BIOTECHNOLOGY: Progen delivery of new drug.
November 22, 2000... Progen Industries Ltd based in Australia aims to begin studies into its drug compound PI-88 for the treatment of cancer and cardiovascular disease in partnership with Medeva Ltd. The company agreed a strategic alliance with Medigen...

AUSTRALASIAN BIOTECHNOLOGY: Proteome developments.
November 22, 2000... A A$3.3 M START grant has been awarded to Proteome Systems Ltd to support it's A$12 M programme of instrument development for proteomics research. The company has already raised A$16.3 M from private investors throughout Australia and...

AUSTRALASIAN BIOTECHNOLOGY: START grant for BresaGen.
November 22, 2000... A A$4.8 M START grant has been awarded to BresaGen Ltd to support its programme of Cell Therapy. The company has raised A$15.3 M through a private share placement to fund its acquisition of CytoGenesis Inc of the US that is involved in...

AUSTRALASIAN BIOTECHNOLOGY: Analytica over-subscribed.
November 22, 2000... Analytica Ltd has exceeded it's A$6 M IPO target with over subscriptions in excess of A$2 M. The company has a portfolio of lead compounds for development as therapeutic drugs for inflammatory diseases, weight control and cancer. It...

AUSTRALASIAN BIOTECHNOLOGY: Genesis float.
November 22, 2000... Genesis Research and Development Corp, a biotechnology company based in Auckland, New Zealand has been floated on the NZ Stock Exchange and the Australian Stock Exchange during Aug 2000. The company builds EST databases to provide a...

AUSTRALASIAN BIOTECHNOLOGY: AVT signs deal for Chinese operation.
November 22, 2000... A memorandum of understanding has been signed by Australian Vaccine Technologies Ltd with Citic Hainan Pharmaceutical Company (a subsidiary of China International Trust and Investment Corp that has total assets of A$54 bn) to build a blood...

AUSTRALASIAN BIOTECHNOLOGY: Peplin float.
November 22, 2000... In Aug 2000 Peplin Biotech of Queensland, Australia, was successfully launched on the Australian Stock Exchange with an IPO that raised A$7 M. The company is developing anticancer drugs from the Euphorbia peplus plant. Phase II...

AUSTRALASIAN BIOTECHNOLOGY: Medica invests more in Cytopia.
November 22, 2000... A further A$1 M is to be invested by Medica Holdings in its subsidiary, Cytopia Pty allowing it to continue its drug discovery research. New drugs for the treatment of a variety of immune disorders, including cancer (lymphoma and...

AUSTRALASIAN BIOTECHNOLOGY: Green light for Norwood Abbey.
November 22, 2000... An agreement has been announced between Norwood Abbey, the drug delivery system based in Melbourne, Australia and Massachusetts General Hospital in the US regarding the development of a range of patents. The patents cover the application...

AUSTRALASIAN BIOTECHNOLOGY: Psiron fund raising.
November 22, 2000... A$3 M has been raised in new equity by the medical technology company, Psiron Ltd, that will allow it to continue research and development of products for the diagnosis and treatment of cardiovascular disease as well as commercializing its...

AUSTRALASIAN BIOTECHNOLOGY: New Zealand regulatory bodies and their functions.
November 22, 2000... Profiles are given of the regulatory bodies in New Zealand including the Environmental Risk Management Authority, the Independent Biotechnology Advisory Council, the Australia New Zealand Food Authority, the Royal Commission of Inquiry...

AUSTRALASIAN BIOTECHNOLOGY: Labelling genetically modified foods.
November 22, 2000... New labelling rules for genetically modified foods were agreed by the Australia New Zealand Food Standards Council on 28 Jul 2000. Food will need to be labelled if new DNA and/or novel proteins are present and where the ingredients have...

AUSTRALASIAN BIOTECHNOLOGY: Proposed new gene technology regulatory regime.
November 22, 2000... A new regulation regime for gene technology in Australia has been proposed by the Australian Federal government that will include three pieces of legislation. The Gene Technology Bill 2000, the Gene Technology (Consequential Amendments)...

AUSTRALASIAN BIOTECHNOLOGY: The state of Indonesian biotechnology.
November 22, 2000... The table lists selected institutions working on biotechnology activities in Indonesia. Details include company name, address, telephone and fax numbers together with areas of work activities.

EUROPEAN CHEMICAL NEWS: Phenol: prices up, supplies tight.
November 22, 2000... Over recent weeks, up to 10% of European phenol capacity has been off-line, causing price rises of DM 50/tonne. In Roussilon, France, Rhodia has taken 70,000 tonne/y of capacity off-line. An industrial dispute at the site is...

EUROPEAN CHEMICAL NEWS: US reacts against low priced Ukraine fertiliser.
November 22, 2000... On 2 Nov 2000, an antidumping investigation was instigated by the US International Trade Administration (ITA) with respect to ammonium nitrate imports from the Ukraine. The ITA received complaints about the fertiliser imports in Oct 2000...

EUROPEAN CHEMICAL NEWS: P-xylene: new plants add to over-supplies.
November 22, 2000... In Sep 2000, a 180,000 tonne/y p-xylene plant was opened at the Bandar Imam Petrochemicals Complex, Iran, by the National Petrochemical Co. A 184,000 tonne/y facility was started-up in mid 2000 by Sinopec, at Luoyang Petrochemical...

EUROPEAN CHEMICAL NEWS: PTA: China's buying will rock markets.
November 22, 2000... The main factor affecting markets for purified terephthalic acid (PTA) is Chinese purchasing. Chinese companies have raised polyester capacity by 3 M tonne/y to 5.2 M tonne/y between 1995 and 2000; demand for PTA, a polyester feedstock,...

EUROPEAN CHEMICAL NEWS: Ashland under way in China.
November 22, 2000... Foundry binders and other foundry products are now being produced at Ashland Speciality Chemical's plant in Changzhou, China.

EUROPEAN CHEMICAL NEWS: Rising demand for conductive polymers.
November 22, 2000... Between 2000 and 2004, the Freedonia Group forecasts that US demand for conductive polymers will rise by over 6%/y to $818 M.

EUROPEAN CHEMICAL NEWS: CheMatch Latin deal.
November 22, 2000... The Latin American e-trading company Todoplasticos.com is to enter into a collaborative venture with CheMatch.com.

EUROPEAN CHEMICAL NEWS: Three-way market for polymer additives.
November 22, 2000... PolymerAdditives.com is a new e-marketplace established by Cytec, GE Specialty Chemicals and Albemarle. Polymer additives and other speciality chemicals will be traded.

EUROPEAN CHEMICAL NEWS: Seoul home for ChemRound's second office.
November 22, 2000... The Asian-based ChemRound, which provides an e-marketplace for the trading of industrial chemicals, plastics and speciality chemicals, has opened an office in Seoul, South Korea.

EUROPEAN CHEMICAL NEWS: France/US: gases are in demand.
November 22, 2000... 3Q 2000 results are reported for two industrial gases companies. The US company Air Products & Chemicals reported an operating income of $229.3 M (+23.7%) and sales rose by 16%. Gases business accounted for 80% of profits and demand...

EUROPEAN CHEMICAL NEWS: Rohm & Haas: $38 M bill over false reports.
November 22, 2000... The adverse environmental impact and false reporting of a sealants and adhesives facility in Moss Point, MS, has resulted in Rohm & Haas agreeing to a settlement of $38 M. Concern about plant discharges was first raised in 1996. The...

EUROPEAN CHEMICAL NEWS: Pesticides: Dow AgroSciences Canada agrees to phase-out.
November 22, 2000... As part of an effort to harmonize pesticide legislation in the US and Canada, Dow AgroSciences Canada has agreed to phase out residential pesticides containing chlorpyriphos. The phase-out should be complete by the end of 2001.

EUROPEAN CHEMICAL NEWS: Degussa/Medichem: looking to a shared future.
November 22, 2000... A pharmaceuticals ingredients collaboration has been arranged between the US company MediChem Life Sciences and Degussa-Huels of Germany. The benefits of the alliance, which covers R&D and manufacturing, are noted.

EUROPEAN CHEMICAL NEWS: Schering in pact with Population Council.
November 22, 2000... A hormone drug, Ment (7a-methyl-19-nortestosterone), is to be developed, produced and supplied by Schering. The company is undertaking the project in collaboration with the US Population Council, a non-profit organisation. Ment has...

EUROPEAN CHEMICAL NEWS: Biotechnology unit for Akzo Nobel business.
November 22, 2000... A new biotechnology plant is being built in Oss, the Netherlands, for the Diosynth subsidiary of Akzo Nobel.

EUROPEAN CHEMICAL NEWS: Pharmaceuticals: biotechnology will power up cash stream.
November 22, 2000... Freedonia has forecast that, by 2004, US demand for biotechnology-derived blood modifiers will have risen to a value of $8.2 bn (+12%/y from 2000). Biotechnology-derived anti-viral agent sales are expected to rise to $8.4 bn (+13%/y from...

EUROPEAN CHEMICAL NEWS: Ethylene capacity rise.
November 22, 2000... Two ethylene capacity expansions will be implemented at Copene's 1.2 M tonne/y facilities in Camacari, Bahia, Brazil. An 80,000 tonne/y addition is being implemented in 2H 2000, followed by 220,000 tonne/y by 2004.

EUROPEAN CHEMICAL NEWS: SA semiconductors output rises.
November 22, 2000... Chloride-free octafluorocyclobutane (c-C4F8) capacity has been doubled at Pelchem's South African plant in Pelindaba. A further expansion is expected by mid-2001. Output is destined for semiconductor production. By the end of...

EUROPEAN CHEMICAL NEWS: Vantico expanding.
November 22, 2000... In a project valued at SFR 3.5 M, halogen-free products capacity will be increased at Vantico's facilities in Monthey, Switzerland.

EUROPEAN CHEMICAL NEWS: Expansion in Germany, then US?
November 22, 2000... Hydroxylamine free base (HAFB) capacity will be raised to 5700 tonne/y at the Ludwigshafen, Germany, facilities of BASF. The company still needs to decide whether to build a HAFB plant in the US.

EUROPEAN CHEMICAL NEWS: Polypropylene: Dow gets onstream as oversupply looms.
November 22, 2000... By the end of 2000, a 225,000 tonne/y polypropylene facility will be opened in Freeport, TX, by Dow Chemical Co. Global markets are currently experiencing polypropylene oversupplies.

EUROPEAN CHEMICAL NEWS: BASF awards expansion contract to ABB Lummus Global.
November 22, 2000... ABB Lummus Global has won a contract to expand ethylene capacity by 10% at BASF's facilities in Antwerp, Belgium.

EUROPEAN PLASTICS NEWS: New resin improves stereolithography.
November 22, 2000... A new material known as Cibatool SL7540 has been launched by 3D Systems Europe for stereolithography applications. The material can be used in parts that mimic end-use plastic ranging from snap-fit testing to the creation of...

SPC, SOAP PERFUMERY AND COSMETICS: LVMH sees 35% increase in 3Q revenue in 2000.
November 22, 2000... LVMH has reported a 35% increase in 3Q revenue in 2000 from Euro 2.13 bn to Euro 2.86 bn over the same period in 1999. Revenue for 1-3Q 2000 rose by 38% to Euro 7.89 bn.

SPC, SOAP PERFUMERY AND COSMETICS: Inter Parfums reports nine-month sales increase of 18%.
November 22, 2000... Perfume supplier Inter Parfums has reported a nine-month sales increase of 18% to Euro 53 M, due to strong sales of Burberry, S T DuPont and Paul Smith fragrances.

SPC, SOAP PERFUMERY AND COSMETICS: Chemical industry patents increase in France.
November 22, 2000... The chemical industry accounted for 26% of the 140,000 patents published in 1999 in France, with every sector showing an increase. However, the overall increase was lower than average. Biotechnology showed the greatest rise, with...

SPC, SOAP PERFUMERY AND COSMETICS: Interpolymer opens new polymer dispersions unit.
November 22, 2000... Interpolymer has opened a new polymer dispersions unit in Wissembourg, France, to produce 150 tonnes/week of aqueous-phase acrylic dispersions for the European, Asian and South American markets.

SPC, SOAP PERFUMERY AND COSMETICS: Oriflame to produce cosmetics in Russia.
November 22, 2000... Oriflame plans to start producing its cosmetics in Russia from 2001 in order to expand the company's presence in Russia and to boost sales, which in 1999 were $68 M. It is also looking to buy one of its five Indian suppliers to make...

SPC, SOAP PERFUMERY AND COSMETICS: Hermes launch new fragrance Rouge.
November 22, 2000... Hermes has launched a new fragrance Rouge, a seductive oriental scent comprising a floral accord of ylang-ylang, sweet rose and iris, a heart of cedar, sandalwood and bourbon vanilla and a base of spices and gums mixed with myrrh and cistus...

SPC, SOAP PERFUMERY AND COSMETICS: Chanel launches new skincare product.
November 22, 2000... Chanel has launched its Age Delay Serum to add to its Precision range which, it claims, protects, corrects and visibly rejuvenates skin from the moment is begins to show the first signs of ageing. Age Delay costs GBP31 and contains...

SPC, SOAP PERFUMERY AND COSMETICS: Market report on the fragrance industry in Europe and the USA. [3 tables].
November 22, 2000... In the USA the market for female fine fragrance rose 4.4% over 1995-1999 to $4.12 bn, while the German market grew by 3.1% to DM 1.5 bn and the Italian market by 6% to ITL 783.5 bn; sales in the UK fell slightly. The French market is...

SPC, SOAP PERFUMERY AND COSMETICS: Croda shows superiority of new solubilizer for lipophiles. [1 figure].
November 22, 2000... Croda has launched a new vegetable-based solubilizer, Crodasol AC, that out-performs Polysorbate 20 and PEG-40 hydrogenated castor oil and provides counter-irritant effects in anionic detergent systems. A graph shows that over 50% less...

SPC, SOAP PERFUMERY AND COSMETICS: Dow Chemical and Mane join forces for perfumed silicone elastomer.
November 22, 2000... Dow Chemical and Mane have joined forces to produce a perfumed silicone elastomer skincare product, SensiGel. Two fragrances are available: Fresh Spirit Parsillusion, a mixture of aromatic parsley leaves with lime, green lemon jasmine,...

SPC, SOAP PERFUMERY AND COSMETICS: Olive oil: profile. [3 tables, 1 figure].
November 22, 2000... Olive oil comprises 76.9% oleic acid, 10.5% palmitic acid, 7.6% linoleic and 2.6% stearic acids plus small amounts of palmitoleic, linolenic, arachidic and behenic acids. The unsaponifiable fraction, 1.5-2%, is mainly squalene. ...

SPC, SOAP PERFUMERY AND COSMETICS: AGI Dermatics encapsulates ursolic acid in liposome.
November 22, 2000... AGI Dermatics has encapsulated the highly insoluble ursolic acid in a liposome in its new product Merotaine, designed to enable the passage of ursolic acid into the skin. Ursolic acid has anti-inflammatory and anti-ulcer benefits. ...

SPC, SOAP PERFUMERY AND COSMETICS: Showa Denko launch new silica-coated zinc oxide for sun-screens.
November 22, 2000... Showa Denko have produced a new silica-coated zinc oxide, Maxlight ZS, for sun- screens which offers a very thin and uniform silica coating, good dispersibility and transparency, reduced zinc ion bleeding, even under alkaline or acidic...

SPC, SOAP PERFUMERY AND COSMETICS: Patent for cationic water-soluble quaternary ammonium cellulose derivatives.
November 22, 2000... A patent application, US 6,071,505, by Louisiana State University for cationic water- soluble quaternary ammonium cellulose derivatives of controlled charge density is described. The cellulose derivatives, formed from substitution of the...

THE INDEPENDENT: Anti-flu drug for vulnerable groups.
November 22, 2000... A Government body is set to change its mind on an anti-flu drug. The National Institute for Clinical Excellence (Nice) is reportedly about to approve Relenza for National Health Service use, just one year after the body recommended that...

FEDERAL REGISTER: Guidance for reviewers: potency limits for standardised dust mite and grass allergen vaccines: a revised protocol; availability.
November 22, 2000... The US Food and Drug Administration (FDA) has announced the availability of a guidance document entitled Guidance for Reviewers: Potency Limits for Standardised Dust Mite and Grass Allergen Vaccines: A Revised Protocol dated Oct 2000. ...

FEDERAL REGISTER: Uniform Compliance Date for Food Labelling Regulations.
November 22, 2000... The US Food and Drug Administration (FDA) is establishing 1 Jan 2004, as the uniform compliance date for food labelling regulations that are issued between 1 Jan 2001, and 31 Dec 2002. FDA periodically announces uniform compliance dates...

GAZETA MERCANTIL: Latasa and Tomra form joint venture in aluminium recycling.
November 22, 2000... Latasa (Latin American aluminium can maker) and Norwegian company Tomra have formed a 30:70 joint venture to explore the aluminium recycling market. Latasa will receive $30 M and will transfer all its recycling assets to the joint...

GAZETA MERCANTIL: Optic fibre production sold to 2002.
November 22, 2000... In 2000, Brazilian demand for fibre optic cables is expected to be 1.8 M km (+63.6% on 1999) worth $72 M and in 2001 demand is projected at 2.6 M km (+44% on 2000) worth $104 M. World demand for 2000 is put at 88 M km (+51.7% on 1999)...

GAZETA MERCANTIL: Bunge resumes R$178m capital increase.
November 22, 2000... Following the incorporation of Manah and Serrana, Bunge Fertilizantes will proceed with its planned R$178 capital increase. The capital increase was originally blocked by Brazil's securities and exchange commission in Jun 2000. ...

GAZETA MERCANTIL: Petrochemical groups in Brazil invest in ethane production.
November 22, 2000... In 2000, Brazil was producing 2.835 M tonne/y ethane but investment in new plant by Copesul ($884 M), Copene and Petroquimica Uniao (PQU) ($100 M) will increase output by about 430,000 tonne/y by 2004. PQU is negotiating a gas supply...

FEDERAL REGISTER: Establishment of an import limit for certain man-made fibre textile products produced or manufactured in Belarus.
November 22, 2000... On 14 Nov 2000, the Committee for the Implementation of Textile Agreements issued a directive to the Commissioner of Customs, effective 1 Jan 2001, establishing a limit for glass fibre fabric products in Category 622, produced or manufactured...

FEDERAL REGISTER: Announcement of import restraint limits for certain cotton, wool, man- made fibre, silk blend and other vegetable fibre textiles and textile products produced or...
November 22, 2000... On 14 Nov 2000, the Committee for the Implementation of Textile Agreements issued a directive to the Commissioner of Customs establishing limits, effective 1 Jan 2001, for textile products, produced or manufactured in Korea and exported...

FEDERAL REGISTER: Announcement of import restraint limits for certain cotton, wool and man- made fibre textiles and textile products and silk blend and other vegetable fibre apparel...
November 22, 2000... On 14 Nov 2000, the Committee for the Implementation of Textile Agreements issued a directive a directive to the Commissioner of Customs establishing limits, effective 1 Jan 2001, for cotton, wool and man-made fibre textiles and textile...

FEDERAL REGISTER: Announcement of an import restraint limit for certain cotton and man- made fibre textile products produced or manufactured in Laos.
November 22, 2000... On 14 Nov 2000, the Committee for the Implementation of Textile Agreements issued a directive to the Commissioner of Customs establishing a limit, effective 1 Jan 2001, for Categories 340/640. This limit may be revised if Laos becomes a...

BUSINESS LINE: IPCL demerger, Vadodara plant sale to IOC approved.
November 22, 2000... The Cabinet Committee on Disinvestment (CCD) has approved a revised plan for disinvestment of the Government's equity in Indian Petrochemicals Corp Ltd (IPCL). The revised plan is to hive-off the Vadodara plant of IPCL into a separate...

BUSINESS LINE: Hind Organic bonds, FD downgraded.
November 22, 2000... Crisil has downgraded the Rup 1 bn non-convertible bonds issue and the Rup 500 M bonds issue of Hindustan Organics Ltd (Hind Organic) from BB+ to C. Crisil also downgraded the fixed deposit programme of the company from FB+ to FC. ...

BUSINESS LINE: BNP-Paribas to advise HZL on privatization.
November 22, 2000... The Government has appointed BNP-Paribas as the advisor for the privatization of the State-owned Hindustan Zinc Ltd (HZL). The Government proposes to reduce its stake in HZL from the present 76% to 49% before 1 Apr 2001 by selling 27% of...

BUSINESS LINE: Indian Shaving Products: No stubble here.
November 22, 2000... Indian Shaving Products reported a net profit of Rup 56.2 M in 3Q ended Sep 2000 (net profit of Rup 48.3 M for 3Q ended Sep 1999). The company recorded 8.6% increase in net profit at Rup 144.7 M on 26% higher sales at Rup 2.081 bn for...

BUSINESS LINE: Essel Packaging: Merger provides the cushion.
November 22, 2000... The article discusses the performance and prospects of Essel Packaging in the wake of its proposed merger with Propack Holdings of Switzerland. The company posted 11% increase in profits on 6% higher sales for the quarter ended Sep 2000....

PRESS RELEASE: Ashland Specialty Chemical names 3M exclusive US distributor of PLIOGRIP structural.
November 22, 2000... The Speciality Polymers and Adhesives (SP&A) division of Ashland Specialty Chemicals has granted 3M Automotive Aftermarket Division exclusive rights to distribute Ashland's PLIOGRIP structural adhesives to the heavy-truck repair market. 3M...

PRESS RELEASE: Givaudan opens a new sensory and technology centre in Shanghai.
November 22, 2000... On the occasion of its 5th anniversary Shanghai Givaudan Ltd is opening its new sensory technology centre and expanding the existing production facilities in Pudong, Shanghai. The centre strengthens Givaudan's leading position in the...

PRESS RELEASE: Holmen strengthens its position as a supplier of high-bright paper products.
November 22, 2000... Holmen Board is to invest SKR 1.85 bn in the Hallsta Paper Mill, Sweden. The bulk of the money will be invested in replacing a 35-year old paper machine with a new, modern plant for production of high-bright paper (MF Magazine Paper)....

PRESS RELEASE: Fletcher Challenge Canada changes name to Norske Skog Canada.
November 22, 2000... Shareholders of Fletcher Challenge Canada have agreed to change the company's name to Norske Skog Canada Ltd. Norske Skog acquired a 50.8% stake in Fletcher Challenge in Jul. Norske Skog Canada is western N America's largest supplier...

PRESS RELEASE: Lonza steps into contract manufacturing of large-scale therapeutic peptide production.
November 22, 2000... Lonza has moved into large-scale microbial peptide production. State-of-the art fermentation technology enables Lonza to cost effectively produce quantities of over 100 kg. The global peptide market was put at $350 M in 1999 at active...

PRESS RELEASE: Grace to acquire Kempro colloidal silicas business.
November 22, 2000... WR Grace is to to acquire the colloidal silicas business of Kempro Italiana Srl. The business is based in Ariccia, Italy, and the acquisition expands Grace's geographical opportunities. The move will add a little less than $2 M to...