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March 12, 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 12, 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 12, 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 12, 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 12, 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...
February 26, 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 26, 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 26, 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 26, 2015
Omnova Solutions has agreed to support two board nominees backed by activist investor Barington Capital (New York), avoiding a possible proxy fight....
February 26, 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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