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PPG Industries to take over Mexican coatings manufacturer

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U.S. chemicals maker PPG Industries Inc. announced it has reached an agreement to take over Mexican architectural and industrial coatings firm Consorcio Comex for $2.3 billion.
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BASF to sell stake in joint venture to Ineos

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Swiss-based multinational chemical company Ineos is to buy out BASF's 50-percent stake in Styrolution -- the joint venture formed by the two companies in 2011.
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Report raises concerns over safety of energy drinks

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The Center for Science in the Public Interest (CSPI) has warned that excessive consumption of energy drinks may have grave consequences and even result in death.
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Large proportion of US crude from shale more volatile than previously thought

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Crude oil extracted from shale formations across the United States may be more challenging to transport and process than previously considered due to the presence of highly volatile gases.
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AMA calls for tougher rules on antibiotic use in food animals

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The U.S. government should take action to prevent the use of antibiotics in food animals used to promote growth because the practice contributes to the development of antibiotic-resistant bacteria, according to the American Medical Association.
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Report claims FDA inspects only up to 2% of food imports

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According to the report, the federal regulator has been unable to deal with the rising food product imports in the United States, because it has been forced to operate under a tight budget.
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Chem Show announces dates for 100th Anniversary event

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The Chem Show will hold the 2015 100th Anniversary event on Nov. 17-19 at the Javits Convention Center in New York City, the show's organizers announced this week.


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Omnicare to pay $124 million to settle fraud allegations

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Cincinnati-based Omnicare Inc. is to pay more than $124 million in a settlement with the U.S. Department of Justice for allegedly offering financial incentives to healthcare facilities.
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US chemical output continues to rise in May

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Chemical production rose across all regions in the United States except for the West Coast, with an overall increase of 0.4 percent in May.
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US oil, gas reserves up 9%

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Oil reserves in the United States went up to almost 25.4 billion barrels, marking a rise of 2.1 billion barrels or 9 percent on the previous year and an increase of 52 percent compared to 2009.
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