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Displaying 161 - 180 of 3233 stories.
March 20, 2015
LSB Industries (Oklahoma City) has begun a search to fill a new position on its senior management team, president of the LSB chemical business. “We’ve made significant...
March 20, 2015
Canexus (Calgary, AB) says that it has engaged a financial adviser to explore the potential sale of Canexus’s chlor-alkali operation at North Vancouver, BC. The company says that...
March 13, 2015
US Senators David Vitter (R., LA) and Tom Udall (D., NM) on 10 March introduced the Frank R. Lautenberg Chemical Safety for the 21st Century Act, major bipartisan legislation aimed at updating the Toxic Substances Control Act (TSCA) of 1976....
March 13, 2015
DuPont and activist hedge fund Trian Fund Management (New York) early in March traded barbs over DuPont’s rejection of a universal proxy card for the company’s upcoming...
March 13, 2015
Trinseo reports a net loss of $30 million for the fourth quarter, down from a net profit of $11 million in the year-ago quarter largely because of inventory revaluation driven by declining crude oil prices....
March 13, 2015
Huntsman says that it plans to restructure its color pigments business, including reducing its head count by 120 positions. The move forms part of a previously announced plan to...
March 13, 2015
M&A activity in the chemical industry increased in 2014 as compared with the year prior with both value and volume increases. M&A deal equity value rose 58% year-on-year (YOY), to $49 billion, in 2014, according to data compiled by Young & Partners (Y&P; New York), an investment bank. Deal value was over double the 2012’s figure; however, it remained 40% below the previous peak of $82 billion, reached in 2011....
March 13, 2015
Hexion and OM Group both report losses due to special charges early in March, with sales also down because of currency impacts. Hexion, formerly Momentive Specialty Chemicals, reports...
March 13, 2015
Valero Energy (San Antonio) has not included a previously announced methanol project in Louisiana in the company’s capital expenditure (capex) budgets for 2015 or 2016. Valero...
March 13, 2015
Whistleblowers have implicated Braskem in the corruption scandal surrounding state-owned oil producer Petrobras (Rio de Janeiro), according to a report from newspaper Folha de S...
March 13, 2015
The US Coast Guard says the Houston Ship Channel was reopened on 12 March, three days after two ships collided, forcing the waterway to close. The shutdown snarled chemical traffic in...
March 13, 2015
The United Steelworkers (USW; Pittsburgh) said 12 March that it has reached a tentative agreement on a four-year contract with Royal Dutch Shell that is expected to serve as a pattern agreement for the rest of the industry....
March 6, 2015
Trecora Resources (Sugar Land, TX) has announced record fourth-quarter sales of $74.1 million in 2014, an increase of 11.2% year-on-year (YOY) and net income of $2.2 million in the...
March 2, 2015
The European Commission has outlined Europe’s vision for the global climate change agreement to be adopted at the climate summit to be held in Paris in December. The commission...
March 2, 2015
ACC today began a communications campaign to highlight recent conclusions from the European Food Safety Authority (EFSA; Parma, Italy) and the US FDA regarding the safety of bisphenol...
February 27, 2015
Results have been mixed for late-reporting specialty chemical makers as the effects of lower oil works its way through specialties product chains. Chemtura beat estimates despite...
February 27, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-on-year (YOY) from $171 million on the advantage of converting the Calvert City, KY, ethylene plant to...
February 27, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator index developed by ACC’s economics department, dipped 0.2% in February, as measured on a three-month...
February 27, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
February 27, 2015
The United Steelworkers (USW; Pittsburgh) expanded its strike on 21 February to include Motiva’s refinery in Port Arthur, TX, Motiva’s two Louisiana refineries in Convent...
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