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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 281 - 300 of 3993 stories.
November 16, 2012
Momentive Performance Materials Holdings (Momentive) posted a drop in sales for the third quarter 2012—while its Momentive Specialty Chemical unit reported a large rise in earnings...http://www.chemweek.com/sections/business_finance/usa_americas/Momentive-posts-weaker-sales-and-earnings_47762.html November 16, 2012
Avantor Performance Materials (Center Valley, PA) has filed a lawsuit against IBM for a failed SAP software implementation. Avantor says it is “seeking tens of millions of dollars in...http://www.chemweek.com/sections/business_finance/usa_americas/Avantor-files-suit-against-IBM-over-failed-SAP-installation_47763.html November 16, 2012
Rogerson: Simpler product portfolio. Private equity firm SK Capital Partners (New York) has reached an agreement to acquire Chemtura’s antioxidant (AO) and ultraviolet (UV)...http://www.chemweek.com/sections/business_finance/usa_americas/SK-Capital-Partners-acquires-Chemturas-antioxidants-unit_47764.html November 16, 2012
Dooley: ACC adds six new producers. ACC has added six new producer members, three new affiliate member companies, and two new responsible-care partner companies. The new members are...http://www.chemweek.com/sections/business_finance/usa_americas/ACC-adds-9-members-2-partners_47765.html November 16, 2012
W.R. Grace reached agreement with asbestos claimants earlier this month to settle a warrant funding a portion of its asbestos liabilities in cash rather than Grace stock. Grace...http://www.chemweek.com/sections/business_finance/usa_americas/Grace-to-settle-asbestos-claims-in-cash-sees-late-2013-exit_47766.html November 16, 2012
Praxair has signed a long-term contract with Mesabi Nugget (Hoyt Lakes, MN) to construct and operate a new nitrogen plant at Mesabi’s iron nugget facility at Hoyt Lakes, MN. The...http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-to-build-nitrogen-plant-in-Minnesota_47767.html November 16, 2012
Moody’s has downgraded its credit outlook for the chemical industry in the North America; and the Europe, Mideast, and Africa regions, the ratings service says. The outlook has...http://www.chemweek.com/sections/business_finance/usa_americas/Moodys-downgrades-credit-outlook-for-industry_47768.html November 16, 2012
Bayer provided details last week of its 2012 R&D budget, including the split of expenditures among the company’s three subgroups: Bayer HealthCare, Bayer CropScience, and...http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-details-R-and-D-spending-names-innovation-projects_47769.html November 16, 2012
BASF and Gazprom (Moscow) have agreed on an asset swap, under which BASF will increase its oil and gas production in Russia and exit the gas trading and storage business. The deal was...http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-and-Gazprom-agree-on-energy-asset-swap_47770.html November 16, 2012
LyondellBasell Industries says it will restore a low-density polyethylene (LDPE) line at Wesseling, Germany to production. The LDPE line has been out of service since January 2012, and...http://www.chemweek.com/sections/business_finance/europe_mideast/LyondellBasell-LDPE-restart_47771.html November 16, 2012
Vopak and Sabic have agreed jointly to build a tank storage terminal in Saudi Arabia to serve the petrochemical and downstream industries there. The terminal will be constructed at the...http://www.chemweek.com/sections/business_finance/europe_mideast/Vopak-Sabic-form-storage-jv_47773.html November 9, 2012
Out of power: Workers fix electric lines in New Jersey after power outages following Sandy. Producers have resumed normal operations after assessing the impact of Hurricane Sandy in...http://www.chemweek.com/sections/business_finance/usa_americas/Plants-reopen-after-Hurricane-Sandy-no-damages-reported_47607.html November 9, 2012
Williams Partners has agreed to acquire Williams’ 83.3% stake in a cracker at Geismar, LA, as well as Williams’ refinery-grade propylene splitter for $2.3 billion. Williams...http://www.chemweek.com/sections/business_finance/usa_americas/Williams-Partners-to-purchase-Williams-Geismar-cracker_47576.html November 9, 2012
Bayer reported a 17.8% fall in third-quarter net income, to €528 million ($682.2 million) on sales 11.5% higher, at €9.67 billion. Ebitda before special items improved 2.2%...http://www.chemweek.com/sections/business_finance/europe_mideast/Bayer-confirms-outlook-acquires-nutrition-firm_47551.html November 9, 2012
Most of the leading Japanese chemical companies reported lower earnings and sales for the fiscal first half, ended 30 September 2012. The slowing global economy; weak demand in...http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-firms-report-lower-sales-and-earnings_47552.html November 9, 2012
Brudermüller: Key role played by innovation. BASF has inaugurated its first innovation campus in Asia/Pacific and its new Greater China headquarters, at the company’s Pudong...http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-inaugurates-large-innovation-hub-at-Shanghai_47553.html November 9, 2012
local authorities have ordered construction work to be suspended on a large-scale para -xylene ( p -xylene) plant near the eastern Chinese city of Ningbo, following massive...http://www.chemweek.com/sections/business_finance/asia_pacific/China-suspends-p-xylene-project-in-Zhenhai-following-protests_47554.html November 9, 2012
Biofuel Bust?: BP processes waste agricultural residues at its Jennings, LA, biofuels facility. BP announced that it will not move forward with plans to build a commercial-scale...http://www.chemweek.com/sections/business_finance/usa_americas/BP-cancels-plans-for-Florida-cellulosic-ethanol-plant_47575.html November 9, 2012
In an effort to push out debt maturities, Dow Chemical is issuing $2.5 billion in senior unsecured 10- and 30-year bonds. The 10-year bonds will carry an interest rate of 3%, while the...http://www.chemweek.com/sections/business_finance/usa_americas/Dow-refinances-debt-as-Moodys-raises-credit-rating_47574.html November 9, 2012
Specialty chemical makers posted mixed third-quarter results as some end markets proved resilient despite economic headwinds, while others faltered. Companies with significant exposure...http://www.chemweek.com/sections/business_finance/usa_americas/Third-quarter-results-vary-at-specialty-chemical-firms_47573.html |
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