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For its 3Q 2003 (ends 30 Sep 2003), Davison Chemicals (the Catalyst and Silica Products division of WR Grace & Co) has reported sales of $267 M (+8.3% on 3Q 2002). Excluding the effects of favourable currency translation, sales were up 3.6% for the quarter. Sales of catalyst products, which include refining catalysts, polyolefin catalysts, and other chemical catalysts, were $189. 6 M, (+5.9%), primarily attributable to currency effects and an acquisition completed in Japan in Aug 2002.
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McDonald, PA, US-based Goldschmidt Industrial Chemical Corp has adopted Reaxis Inc as its new name following a management buyout. In addition, the company's TEGOKAT product line has been renamed REAXIS. Reaxis is a producer of catalysts for polymers, coatings, elastomers, adhesives, and sealants, as
Novozymes has signed a loan agreement with NIB whereby it will receive €30 M to fund research and development in the area of biofuel production from waste and crop residues. This replaces an earlier loan from NIB. A new generation of enzymes will be used to produce biofuels from the stems, leaves, a