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News in-depthBayer AG
Bill Anderson: the Texan wrestling with Bayer’s mountain of pain
...Growing up in Lake Jackson, Texas, near a massive Dow Chemical factory where his father worked as a chemist, Anderson studied chemical engineering at the University of Texas at Austin and Massachusetts Institute...
March 8, 2024
News in-depthChinese trade
Brazil launches China anti-dumping probes after imports soar
...In Thailand, the government has accused Chinese companies of evading anti-dumping duties, while industry groups have warned of big losses from cheaper steel in the market....
March 17, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Orascom Construction Industries NV
Egypt’s richest man Nassef Sawiris considers breaking up his empire
...Speaking from his offices overlooking London’s Berkeley Square, he added: “It doesn’t have to be fertiliser, doesn’t have to be chemicals....
February 14, 2024
BASF SE
BASF extends cost cuts by €1bn as demand for chemicals falls
...The chemicals industry, which sits at the start of a vast number of companies’ supply chains, is seen as a bellwether for industrial production, adding to concern among German politicians and executives...
February 23, 2024
Anjana Ahuja
The battle against forever chemicals should not become a forever war
...Thousands of US lawsuits targeting major chemical companies have been filed and agencies globally are tightening regulation....
March 6, 2024
Abu Dhabi National Oil Co
Adnoc’s $30bn chemicals deal with Austria’s OMV stalls
...Adnoc declined to comment.At the heart of the matter is the complexity of the transaction and the cross-shareholdings between the companies’ chemicals arms....
February 23, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
LexChemicals
German chemicals sector suffers from weak Chinese demand Premium content
...The company said on Friday that it expected 2023 free cash flow of €2.7bn. This would not cover consensus expectations for a dividend payout of €3bn, as compiled by Visible Alpha....
January 19, 2024
FT Alphaville
On Teflon bonds
...While it isn’t the only public company that has struggled to file its annual report on time this year, it also faces a decent amount of PFAS (or “forever chemicals”) litigation on top of everything else....
March 6, 2024
LexBayer AG
‘Broken’ Bayer needs bolder action Premium content
...These are largely, but not exclusively, a legacy of its $63bn acquisition of US crops company Monsanto in 2016....
March 7, 2024
Food & Beverage
The water of taps in the age of chemical appetite deduction
...rather than a food company....
February 1, 2024
News in-depthChemicals3 min
Can we take the 'forever' out of forever chemicals? | FT Food Revolution
...Onvector, a water treatment company, uses plasma technology where high-energy electrons obliterate the chemicals. Researchers have also joined the cause....
February 27, 2024
Climate change
Exxon leads industry fight against UN plans to limit plastic
...The statement from McKee, who is also the chair of the International Council of Chemical Associations, which represents the largest petrochemical companies, drew an angry response from environmental campaigners...
April 22, 2024
BASF SE
BASF earnings fall on higher costs and slowing demand
...Chief executive Martin Brudermüller will in April leave the company after five years at the helm. He will be replaced by Markus Kamieth, who has been overseeing the company’s expansion plans in China....
January 19, 2024
BASF SE
BASF to sell holdings in two Xinjiang chemical plants
...The German chemical company, which has been criticised for investing heavily into China while downsizing in Europe, on Friday said it would sell its shares in two plants making chemicals that go into elastic...
February 9, 2024
Chemicals
Investors raise pressure over ‘forever chemicals’ amid growing litigation
...“We own chemical companies but also, on the demand side, we own cosmetic companies, consumer goods and electronics....
November 14, 2023
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Syngenta AG
Syngenta calls off $9bn Shanghai listing
...Swiss agricultural chemicals company Syngenta has called off a $9bn Shanghai listing that would have been one of China’s largest initial public offerings in years, as the country’s stock markets struggle...
March 29, 2024
Disease control and prevention
Crop chemicals boost drug resistance of killer fungi, scientists warn
...But Nippon Soda, a chemical company based in Tokyo, launched an agricultural fungicide called ipflufenoquin in Japan in 2021, which has a mechanism of action very similar to F2G’s olorofim — leading to concerns...
January 9, 2024
BASF SE
BASF names China head Markus Kamieth as chief executive
...BASF has appointed Markus Kamieth to take over as CEO, an executive closely associated with the world’s largest chemical group’s expansion plans in China....
December 20, 2023
LexSemiconductors
Resonac: fertilising growth for the chip industry Premium content
...An 84-year old Japanese chemical company once known for its fertilisers, is now a key input for cutting-edge sectors....
November 23, 2023
News updates from November 14: US inflation falls to 3.2%, King of Jordan calls for end to Israel conflict
Investors raise pressure over ‘forever chemicals’ amid growing litigation
...Investors are stepping up pressure on companies to end the production and use of hazardous “forever chemicals” amid concerns over increasing litigation and regulatory scrutiny....
November 14, 2023
News updates from November 15: Biden and Xi meet in effort to stabilise relations, UK inflation slows
Investors raise pressure over ‘forever chemicals’ amid growing litigation
...Investors are stepping up pressure on companies to end the production and use of hazardous “forever chemicals” amid concerns over increasing litigation and regulatory scrutiny....
November 14, 2023
LexAccountancy
Teflon-maker’s scandal shows even cash isn’t safe from mischief Premium content
...US chemicals group Chemours, known for making Teflon, shows that even this is not foolproof. The company’s cash is real enough. But some is going to have to go back....
March 21, 2024
LexTaiwan
Taiwan/China: trade tiff targets island’s presidential election Premium content
...The latest moves could have an impact on Taiwan’s biggest petrochemical companies, including Formosa Plastics, which has a market value of $16.2bn, and state-owned CPC Corporation....
December 21, 2023
InterviewBayer AG
‘Zero chance’: Bayer chief rules out capital increase as investors slam turnaround plan
...Investors have sent the company’s shares to their lowest level in 19 years following Anderson’s decision to ditch immediate break-up plans for the company on Tuesday....
March 7, 2024
Energy sector
Anything can be a PFASt-growing industry
...technologies (like DD, ECL); and waste management companies with hazardous or chemical waste programs (like CWST, GFL, RSG, and WCN) could benefit from an increase in PFAS-related regulations....
January 24, 2024

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