AGP Executive Report
Last update: 3 hours agoIndustry Deals: Mitsui Chemicals agreed to acquire JSR in a ¥1.84 trillion ($11.6 billion) deal, expanding its position in semiconductor materials. PFAS Pressure: 3M’s $7.35 billion settlement could compensate up to 120,000 people claiming injury from PFAS exposure, with no admission of wrongdoing. North Carolina also told Chemours its cleanup plan falls short, while California proposed adding three PFAS to its Proposition 65 list. Safety and Demand: A study found the PFAS substitute PFBS disrupted metabolism and organ development in zebrafish embryos; meanwhile, AI data-center demand is spurring major producers to plan higher PFAS output. Market Signals: Tata Chemicals posted a ₹50 crore quarterly loss amid cost pressures, and LG Chem’s petrochemical unit slipped into deficit. Capacity: Assam plans a ₹501 crore caustic soda plant, adding to India’s push to expand chemical manufacturing.
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