Oil World: China to import more soybean, U.S. exports to be flat | PPG to spend $1.05 billion for unit of AkzoNobel | Brazil's biotech crop area will grow 14% this season
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December 26, 2012
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Industry Update
Oil World: China to import more soybean, U.S. exports to be flat
China should increase soybean imports by 4.2% during the 2012-13 year when compared with the year prior, Oil World forecasts, despite recently canceling two U.S. orders. U.S. exports to China are expected to remain flat. "It can indeed be argued that China cannot cover its import requirements if the canceled orders are not at least replaced or even supplemented with additional purchases," Oil World said. Bloomberg (12/25), The Wall Street Journal (tiered subscription model) (12/18)
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PPG to spend $1.05 billion for unit of AkzoNobel
AkzoNobel will sell its North American paints and coatings unit, which it acquired in 2008, to PPG in a deal valued at $1.05 billion. The unit has about 5,000 employees. Chemical & Engineering News (12/24)
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Brazil's biotech crop area will grow 14% this season
Celeres, an analytics firm, expects Brazil's total planted area of biotech soy, corn and cotton to increase by 14% this season compared with last year as the country increases its share of global farm production. Reuters (12/17)
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Other News
Food, Nutrition & Health
Omega-3 is not found effective in atrial fibrillation prevention
Patients who have already had atrial fibrillation did not experience benefits from omega-3 fatty acids, according to research published in the Journal of the American College of Cardiology. "However, these results did not rule out the possibility that these agents may have a role in the primary prevention of atrial fibrillation," said Dr. Alejandro Macchia, the lead researcher. U.S. News & World Report/HealthDay News (12/20)
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Science, Trends & Technology
Calif. to release long-awaited green-chemistry rules next month
Manufacturers are expressing concern about California's green-chemistry regulations, set to be released in January. The results of the new rules are unpredictable, as it's unclear which products will be affected, said Gene Livingston, an attorney for the Green Chemistry Alliance. Capital Public Radio (Calif.) (12/18)
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What drives discovery in chemistry?
Freeman Dyson has proposed that upheavals in scientific discovery are often more based on tools rather than on ideas -- which makes sense from a chemistry perspective, Ashutosh Jogalekar writes. "From materials for solar cells to those for organ transplants, experimental structure determination in chemistry has fast outpaced theoretical prediction," Jogalekar writes. ScientificAmerican.com/The Curious Wavefunction blog (12/20), Science magazine (subscription required) (12/14)
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From the Inform News Desk
All things biorenewable
We highly recommend the green chemicals blog written by Doris de Guzman, who most recently was a senior editor at ICIS Chemical Business magazine. A recent post highlighted online resources such as SpecialChem's new website dedicated to bio-based chemicals and materials. Features of the site include a bio-based products selector, patent updates, open innovation platform, and analyses of bio-based market needs.
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PowerPoint format changing
Did you know that the default slide layout area in PowerPoint 2013 is now widescreen (a 16:9 ratio versus the old default of 4:3)? It makes sense, since most screens used to view presentations are now wide. Converting your old presentations is simple, as Scott Hanselman demonstrates in an online tutorial. Creating new widescreen presentations also is easy, as Moore Anderson explains.
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SmartQuote
Never get so fascinated by the extraordinary that you forget the ordinary."
-- Magdalen Nabb,
British author
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AOCS is an international scientific association that provides resources for sharing information and knowledge—connecting the science of oil chemistry to our daily lives. As the AOCS member magazine, Inform offers global news and features about vegetable oils, fats, surfactants, detergents, personal care products, and related materials. If you are interested in writing an article for the magazine, please contact Managing Editor Kathy Heine at kheine@aocs.org.
 
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