Tag Archives: chemicals

UK Government Releases Custom Duty Rates in the Event of Hard Brexit

The UK government has published the proposed customs duty rates that will apply to imported merchandise entering the UK from third countries after the country has left the European Union (EU) under a so-called no-deal scenario. Unless recent political developments require the UK government to extend that deadline, it has been indicated that the UK … Continue Reading

CFIUS Filing Clearance: Bayer AG and Monsanto

Status Update:  Clearance   Acquirer:  Bayer AG (Germany) Acquired:  Monsanto (US) Value:  Approx. US$66 Billion Industry:  Chemicals   UPDATE:  Bayer AG and Monsanto announced on December 1, 2017 that “CFIUS has completed its review of the proposed merger, and has concluded that there are no unresolved national security concerns with respect to the transaction.”  (Monsanto Press Release, CFIUS Completes Review … Continue Reading

CFIUS Clearance: China National Chemical Corporation (“ChemChina”) and Syngenta AG

Status:  Clearance   Acquirer:  China National Chemical Corporation (China) Acquired:  Syngenta AG (Switzerland) Deal Value: US$43 billion Industries:  Chemicals   Summary:  China National Chemical Corporation (“ChemChina”), a Chinese state-owned chemical company, and Syngenta AG, a global Swiss agribusiness that produces agrochemicals and seeds, announced on Monday, August 22, 2016, that the companies have received clearance … Continue Reading

Trade Talk Week in Review (4-8 July 2016)

North Korea – New U.S. Sanctions Announced.   On Wednesday, the Obama Administration announced sanctions designations targeting senior North Korean officials, including Kim Jong Un.  The U.S. Department of State issued a report identifying individuals and entities responsible or associated with serious human rights abuses or censorship in North Korea.  In tandem, the U.S. Department of … Continue Reading

Trade Talk: Week in Review (18-22 April 2016)

The House Ways and Means Committee marked up a bill (H.R. 4923) last Wednesday that would reform the Miscellaneous Tariff Bill (MTB) process.  The full House will consider the measure this Wednesday under suspension of the rules, which is reserved for non-controversial bills.  The House will also consider the Senate-passed version of the Defend Trade … Continue Reading

Mega-Regional Agreements Could Reshape International Trade in Chemical Products

Major trade negotiations in two parts of the world have the potential to greatly benefit the chemicals industry in the coming years. The Trans-Pacific Partnership (TPP) agreement eliminates tariffs in key Asia Pacific markets, including several countries with which the United States does not yet have a preferential trade relationship. At the same time, the US … Continue Reading
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