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Chemical

Dow Chemical CEO Pay $17.7 Million in 2010

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The Associated Press reports, Dow Chemical Co.''s top executive received a 13 percent increase in compensation last year with a pay package valued at $17.7 million, according to calculations based
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Cephalon Wins Patent Suit Against Watson

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Cephalon, Inc. announced that the United States District Court in Delaware has upheld the validity of Cephalon''s U.S. Patent Number 6,264,981 patent and found that Watson Pharmaceuticals, Inc.''s proposed generic version
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Bayer Drops Plan for Toxic MIC Production

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Bayer CropScience is abandoning plans to resume production in West Virginia of a toxic chemical that killed thousands of people in Bhopal, India, in the world''s deadliest industrial disaster. Bayer
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Buffett Commits $9 Billion for Lubrizol

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Warren Buffett’s company, Berkshire Hathaway Inc., is buying Lubrizol Corp., the Wickliffe, Ohio-based maker of engine lubricants for $9 billion, reports Bloomberg. Berkshire will pay $135 a share in cash,
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BASF to Acquire Global Styrene Catalysts Business

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BASF announced that it has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Tex., reports IEWY News.
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China Shengda Packaging Group Inc. Announces Plan to Build Paper Manufacturing Plant

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PRNewswire reports, China Shengda Packaging Group Inc., a leading Chinese paper packaging manufacturer, announced the company has signed a Letter of Intent to purchase the land use rights for a
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Worker Killed at Valero’s Norco Refinery, State Police Say

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One worker was killed and another injured at a Valero Energy Corp. refinery in Louisiana after an evacuation prompted by the odor of hydrogen sulfide, said Doug Cain, a spokesman
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US Invista Plans to Build New Nylon 6,6 Plant in China

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Platts reports, US Invista plans to build a new nylon 6,6 intermediates and polymer plant at Shanghai Chemical Industry Park in China by 2014. According to the company, front-end engineering
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Sanofi Pasteur and International Vaccine Institute Partner Against Dengue

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PRNewswire reports, Sanofi Pasteur, the vaccines division of Sanofi-Aventis Group, announced that it is partnering with the International Vaccine Institute (IVI) to support the recently launched Dengue Vaccine Initiative (DVI).
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AbitibiBowater to Permanently Close Paper Production at Alabama Plant

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PRNewswire reports, AbitibiBowater announced that it will permanently close its paper machine at its Coosa Pines, Alabama operation and cease its pilot project to manufacture recycled lightweight and ultra lightweight
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