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April 29, 2014
Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) has been issued the permit for the expansion and operation of its hydrochloric acid facility in Dormagen. The Cologne district authority issued the corresponding ruling on Tuesday following a detailed appraisal. The company can now move forward with the European-wide marketing of hydrochloric acid, which occurs as a by-product in...
April 28, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in the technology startup Algal Scientific Corp. (Northville, Mich.; www.algalscientific.com). Evonik is part of an investors’ consortium that is investing more than $3 million in Series A financing round. Under the trade name Algamune, Algal markets 1,3-β-glucan, a polysaccharide that strengthens immune response. It is used as...
April 23, 2014
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), has reached its highest peak since March 2008. Even accounting for seasonal adjustments, the unusually harsh winter skewed earlier data, and this month’s barometer reflects upward revisions for January, February, and March of 0.1, 0.2, and...
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