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Displaying 21 - 40 of 771 stories.
December 18, 2015
The past 12 months have been a roller-coaster ride for investors. Starting with the end run of a bull market stretching back several years, bears attacked in August, and share gains...
December 11, 2015
Altana (Wesel, Germany) has almost tripled its revenues since Matthias Wolfgruber was named CEO in October 2002. That growth has come through acquisitions and targeted growth in key segments while divesting its pharmaceuticals business....
December 11, 2015
After a long transformation, PPG Industries is sharpening its focus on organic growth and investments in coatings....
December 4, 2015
Sabic, by far the largest chemicals producer in the Mideast and a leading player worldwide, is transforming. The company is reorganizing its structure by disbanding two business units and creating a specialties business unit. The aim is to sharpen Sabic’s focus and enhance the company’s performance under its 2025 business strategy....
December 4, 2015
Overhauling US chemical management policy has felt like a pipe dream for more than a decade. Reform efforts have either collapsed under the scope of the task at hand or puttered out in a contentious political environment. L...
November 20, 2015
The sharp drop in oil prices has had a major impact on oil and gas capital expenditures. Political turmoil and forecasts of a slowing world economy, led by China, add to the uncertainties....
November 20, 2015
Fluor, the leading worldwide engineering and construction (E&C) player in the onshore hydrocarbons and related sectors, continues to win more than its fair share of contracts in the downstream industry, particularly in the United States....
November 6, 2015
Consolidation in the chemical distribution sector has gained steam in recent years as large distributors, such as Brenntag and Univar, pursue deals around the world and private equity firms roll up the middle market....
November 6, 2015

A carve out of Dow’s rubber, latex, and styrenics-based plastics business, Trinseo (Berwyn, PA) has upgraded its performance and portfolio since being sold to Bain Capital in 2010.


October 30, 2015
The Mideast, and in particular the Gulf Cooperation Council (GCC) states—Bahrain, Kuwait, Oman, United Arab Emirates, Qatar, and Saudi Arabia—have become major exporters of petrochemicals to world markets over the past 30 years....
October 23, 2015
Mexico’s petrochemical industry is expected to benefit from anticipated growth in the US economy....
October 23, 2015
Brazil’s economy is expected to continue to deteriorate from 2015 into 2016, with business and consumer confidence hitting new lows....
October 23, 2015
Energy company Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) continues to explore and exploit upstream possibilities while growing its downstream petrochemical business. In...
November 16, 2015

For the first time, China’s Sinopec has moved into the top spot in CW’s annual Billion-Dollar Club. The list, which ranks global chemical producers with greater than $3 billion in revenue for the most recent fiscal year, had previously been topped by BASF for eight consecutive years. BASF has moved into the number-two spot. Dow Chemical rounds out the top three.


October 12, 2015
Dow Chemical enters a pivotal phase as it nears completion of an $8.5-billion divestiture program and prepares to ramp up operations at new investments in the Mideast and United States. Dow says the moves will demonstrate the growth and earnings potential of its integrated portfolio. Sadara, a $20-billion joint venture with Aramco in Saudi Arabia; and a propane dehydrogenation (PDH) unit at Freeport, TX, start operating in the fourth quarter. Dow’s Freeport cracker and downstream Gulf Coast derivative investments are set to come online in early 2017....
September 30, 2015
Ineos, in its 17 years of existence, has risen to become one of the world’s largest chemical companies. Sales in 2014 were $54 billion, and, together with joint ventures, the company has about 20,000 employees. Ineos was founded and is majority-owned by entrepreneur Jim Ratcliffe....
September 30, 2015
Last year’s collapse in the price of crude oil has dramatically improved naphtha’s competitiveness as a feedstock for ethylene, cutting deeply into the cost advantage of...
September 11, 2015
Lower crude, the weaker euro, and technical hitches at production plants have provided a much-needed boost for Europe’s petrochemical profitability. However, these conditions are not likely to bring any long-term structural support to the industry....
September 11, 2015
Iran, prior to the imposition of international sanctions, was a major supplier of petrochemicals to Europe—primarily ethylene, polyethylene (PE), and methanol. The country tended...
September 11, 2015
sanctions by the United States and European Union against Russia have taken their toll on petrochemical trade in Europe. The European Union’s net trade surplus in chemicals with...
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