chemical manufacturers News

Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close Talcum-Asbestos Claims

BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands of lawsuits. Executives of …

Ex-DuPont CEO Backtracks, Says Chemours Liabilities ‘Uncapped’

DuPont de Nemours Inc.’s ex-top executive is backtracking on claims the chemical maker never intended to saddle its spinoff Chemours Co. with “unlimited exposure” for liabilities. Ellen Kullman, who resigned as CEO in 2015, said in a court filing directors …

Chemical Multinationals Must Stop Cutting Corners in Sourcing: Report on China Blast

A prominent Chinese environmental group has called on chemicals multinationals to stop “cutting corners” by outsourcing business to Chinese suppliers that violate safety regulations after an investigation into a deadly explosion at a factory in March. In a new study, …

Regulators Wonder If One Farm’s Tainted Milk Is Isolated Case or Broader Problem

For Maine dairy farmer Fred Stone, the discovery in 2016 that his cows were producing tainted milk has since brought financial ruin and threatened to shut down a century-old family business. Now state regulators and health experts are investigating whether …

General Star Upgrades Chemical Product Manufacturers, Distributors Coverage

General Star Management Co. has unveiled underwriting enhancements for chemical product manufacturers and distributors. For the first time, General Star will offer occurrence form coverage for manufacturers and distributors of certain less hazardous chemicals, including those categorized as “environmentally green.” …