GLG News by Surfactant Experts

The author of the article may be confusing of the new paper and paperboard mills in China that will utilize recycled waste paper with mills making virgin pulp from trees rather than secondary fiber waste paper. It is highly doubtful that China has the forest resources to support supply of 19+ million...

·         According to Semi (the electronics manufacturing industry association) world revenues for materials to produce semiconductors will grow 8%, to $46 billion. ·         The increase is a reflection of the...

·         Solutia (via its Saflex division) will supply polyvinyl butyral (PVB) to the expanding thin-film solar panel industry. ·         Solutia, the world’s leading PVB producer (which is used in laminated glass)...

·         Second-quarter Ebitda is predicted to increase 10% over first-quarter numbers. ·         The prediction was issued by Huntsman in its attempt to thwart efforts by Hexion to undo their $ 10.6 billion acquisition...

·         Ashland’s acquisition of Hercules provides it with a core of specialty businesses in water treatment and resins (thermoset polyesters and adhesives). ·         These new businesses will provide Ashland...

Dow will acquire Rohm and Haas for $78/share, $18.8 billion (other reports list the deal as $15.3 billion). This acquisition will make Dow the world’s leading specialty chemicals and advanced materials company.

The world enzyme market is growing by 5.5-6%/yr as use in food and feed increases. Demand is being driven by the increasing desire by food and feed manufactures to find replacements for emulsifiers, acids, and antibiotics.

·         BASF is studying biofilms (bacterial communities) that form on surfaces such as water pipes and medical devices.  ·         Speakers at BASF’s Symposium on Biofilms emphasized that understanding...

Huntsman Corp has sued Apollo Management for false representation of their $10.6 billion merger agreement.         Hexion (owned by Apollo) filed a suit earlier this month to relieve its obligation to purchase  Huntsman.

Hexion Specialty Chemicals sued Huntsman Corp to end their $10.6 billion merger. Hexion’s case is built on their assertion that the capital structure of the deal “is no longer viable because of Huntsman’s increased net debt and lower than expected earnings”.