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Related Keywords: BASF, DOMO, Europr, France, nylon, nylon 66, Poland, polyamides, polymer, raw material, Recycle, Spain, supply, US

DOMO Chemicals and Solvay have signed today an agreement for DOMO to acquire Solvay’s Performance Polyamides Business in Europe. This includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland. The agreement also involves a joint venture between BASF and DOMO in France for the production of Adipic Acid. The Business comprises Production, Sales, Technical Support, R&D and Innovation services which currently have a combined headcount of approximately 1100 employees.

Related Keywords: bales, China, cotton, exports, global, Imports, supply, traders, Unnited States, USDA

Cotton is in the grips of the bears, and fresh U.S. supply forecasts coming this week will probably keep it there.

Prices tumbled to a three-year low Tuesday amid the outlook for big supplies at a time when consumption growth is slowing and American exports are hurting. Hedge funds are holding their biggest-ever bet that the declines will continue. Meanwhile, traders and analysts expect that the U.S. Department of Agriculture will raise its outlook for domestic stockpiles, with the hoard forecast to reach a 12-year high.