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Archives :: Chemical Week Magazine :: Business & Finance :: United States/Americas
Displaying 201 - 220 of 2486 stories.
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 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
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 November 9, 2012
ExxonMobil Chemical reported chemical earnings of $790 million, down 21% from the year-ago quarter, because of lower product margins. Lower margins decreased earnings by $150 million...http://www.chemweek.com/sections/business_finance/usa_americas/Integrated-oil-firms-post-mixed-chemical-earnings-US-results-strong_47572.html November 9, 2012
Apollo Management plans to sell 20 million shares of LyondellBasell in a public offering. The sale was expected to close on 7 November. Apollo currently owns 153.7 million shares in...http://www.chemweek.com/sections/business_finance/usa_americas/Apollo-to-sell-LyondellBasell-shares-cutting-stake-to-23-percent_47571.html November 9, 2012
DSM has reached agreement to acquire Cargill’s cultures and enzymes business for €85 million ($110 million) in cash. DSM announced last September that it was in exclusive...http://www.chemweek.com/sections/business_finance/usa_americas/DSM-to-acquire-Cargills-cultures-and-enzymes_47603.html November 9, 2012
The first half of this year saw a large increase in debt financing by chemical companies, doubling to $11.6 billion from the first half of 2011, according to data compiled by Young...http://www.chemweek.com/sections/business_finance/usa_americas/Banker-Big-uptick-in-chemical-industry-debt-financing_47604.html November 9, 2012
Recent commodity and diversified results were characterized by declining earnings and apprehension about the fourth-quarter operating environment. Sales figures showed either declines...http://www.chemweek.com/sections/business_finance/usa_americas/Commodity-producers-post-earnings-sales-declines_47605.html November 9, 2012
Fertilizer companies—including Agrium, CF Industries, Yara International, Intrepid Potash, and Rentech Nitrogen—reported mixed results for the third quarter, with some seeing...http://www.chemweek.com/sections/business_finance/usa_americas/North-American-drought-dampens-fertilizer-companies-earnings-sales_47606.html October 26, 2012
Brazil’s largest soybean-growing state has ruled that Monsanto must suspend royalty collections on its first-generation Roundup Ready (RR1) soybean technology until the question...http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-suspends-soybean-royalty-collections-in-Brazil_47246.html October 26, 2012
Shares of US ethylene producers rallied earlier this month after the release of an IRS ruling that permits olefins production to operate within tax-advantaged, publicly traded...http://www.chemweek.com/sections/business_finance/usa_americas/IRS-ruling-outlines-path-to-tax-advantaged-structure-for-US-olefins_47247.html October 26, 2012
ACC has launched the Rare Earths Technology Alliance (RETA), a group to advocate for “the development of a healthy and competitive global market for rare earth elements,”...http://www.chemweek.com/sections/business_finance/usa_americas/ACC-launches-rare-earths-group_47269.html October 26, 2012
Third-quarter earnings at diversified chemicals firms were sharply lower as macroeconomic conditions continued to deteroriate. Solar markets and titanium dioxide (TiO₂) were notably...http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-results-slump-weak-conditions-expected-to-linger_47263.html October 26, 2012
Dow Chemical and DuPont announced separate plans to deepen restructuring efforts. Dow says it will eliminate approximately 2,400 positions, or 5% of its global workforce, citing...http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Chemical-DuPont-announce-job-cuts-as-weakness-persists_47264.html October 26, 2012
P otashCorp reported a drop in third quarter earnings—down 22% to $645 million, or 75 cts/share. Reported adjusted earnings per share of 74 cts/share were lower than analyst...http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-reports-drop-in-earnings-potash-sales-volumes-up_47265.html October 26, 2012
The US Department of Justice says a grand jury has indicted South Korea’s Kolon Industries and five of its executives for criminal trade secrets theft. At issue is the alleged theft...http://www.chemweek.com/sections/business_finance/usa_americas/US-indicts-Kolon-Industries-for-theft-of-trade-secrets_47266.html October 26, 2012
Specialty chemical companies beat lowered analysts’ expectations for the most part despite what most producers characterized as a difficult and uncertain economy. Volumes were...http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-beat-lowered-estimates-amid-hazy-outlook_47270.html |
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