Cytec Doubles Down on Chemicals
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The company spends the big bucks on an acquisition that will double its annual revenues.
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The maker of generic drugs gets sued twice in one week.
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By The Philadelphia Inquirer  Dec. 7--Air Products & Chemicals of Allentown said today it will double manufacturing capacity at a membrane-production plant in St. Louis by mid-2007.
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Tokyo, May 31 (Jiji Press)--Mitsubishi Chemical Holdings Corp.  President Yoshimitsu Kobayashi said Thursday the company aims to double its group operating profit margin from the current 5 pct in 2015.
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Bulging costs keep the drugmaker from showing a profit.
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By Allison Connolly, The Baltimore Sun  Feb. 27--Three Millennium Chemicals properties here are being sold again, this time to a foreign owner. In all, more than 400 workers in the Baltimore area would be affected.   Lyondell Chemical Co.
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New Jersey-based Cytec Industries is to buy UCB Groupâs Surface Specialties business for $1.5bn (E1.2bn). Completion of the deal will turn Cytec into a $2.
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As a result of increased competition, the price for term life insurance has dropped by half in a decade.
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Research and development costs drag down the drug developer's bottom line.
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MILTON, Ont. (CP) - Manufacturers, importers and other industries are on notice about 17 more toxic substances the federal government wants to better control.
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Blood changes, including a steep decline in disease-fighting white cells, have been found in workers persistently exposed to low levels of benzene, a common industrial chemical known to pose a leukemia risk at high concentrations.
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Shares of pharmaceutical companies OSI  Pharmaceuticals Inc. OSIP.O and Genentech Inc. DNA.N fell  sharply before the bell on Friday on concerns about the price  and a warning label on a key new drug the two collaborated to  produce.
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You may be getting a double dose of sin from sin stocks.
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It&#39;s long been known that high levels of benzene, a common industrial chemical, can increase the risk of leukemia and other blood disorders, but a new study suggests
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Switzerland's Novartis AG will slash 2.5  percent of its global workforce, aiming for annual savings of  $1.6 billion in 2010, becoming the latest major drugmaker to  undertake a deep restructuring.
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By David Robinson, The Buffalo News, N.Y.  Feb. 15--Stronger sales of its imaging chemicals helped CPAC Inc. turn a small profit during the third quarter, the Leicester-based specialty chemicals manufacturer said Wednesday.
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SAN FRANCISCO (CBS.MW) -- Cytec Industries Inc.&#39;s acquisition of the surface specialties business from UCB will produce a quick and significant revenue boost, Credit Suisse First Boston said Friday.