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January 29, 2016
DuPont on 26 January reported a fourth-quarter 2015 net loss of $253 million, or 26 cts/share, due mostly to restructuring charges as the company implements cost-cutting programs....
January 29, 2016
Fourth-quarter earnings from Methanex and Celanese reflect declining product prices. Methanex reports net income for the fourth quarter of $11 million, down 92% year-on-year (YOY) from...
January 18, 2016
W.R. Grace says the previously announced spin-off of GCP Applied Technologies (GCP), its construction products and packaging sealants and coatings businesses, will be completed on 3...
January 15, 2016
Saudi Arabia’s chemical producers are assessing the impact of the energy, feedstock, and utility price hikes announced by the Saudi government in its state budget on 29 December...
January 8, 2016
DuPont notified employees just before New Year’s that it will cut its Delaware-based workforce by 1,700—over 1 in 4 of its employees based there—ahead of its previously announced combination with Dow Chemical. The company’s current head count in Delaware, its home state, is 6,100. The cuts will be made early this year....
January 8, 2016
Saudi Arabia—following four decades of cheap ethane feedstock prices, which gave local petrochemical producers a massive cost advantage—is more than doubling the price of...
December 18, 2015
Dow Chemical will become the 100% owner of Dow Corning, which has operated as a 50-50 joint venture with Corning since 1943....
December 18, 2015
Activist hedge funds Trian Partners and Third Point played a key role in driving Dow Chemical and DuPont toward industry’s largest-ever deal....
December 18, 2015
The megamerger between Dow Chemical and DuPont, which among other things will create an $19-billion agchems giant, is expected to hasten additional consolidation among remaining...
December 14, 2015
Ministers and other officials from almost 200 nations, after two weeks of negotiation, have reached agreement on climate change at the conference meeting in Paris, COP21. The key...
December 11, 2015
Sadara Chemical, a joint venture between Saudi Aramco and Dow Chemical, says that it has started up a linear low-density polyethylene (LLDPE) plant at Jubail Industrial City II, in...
December 10, 2015
Dow Chemical and DuPont are in advanced talks to merge—a combination of US industrial and chemical icons that would dwarf the industry’s largest deal to date...
December 11, 2015
Dow Chemical has announced that it will become the 100% owner of Dow Corning, which is currently a 50-50 joint venture with Corning. As part of the deal, Corning will receive $4.8...
December 7, 2015
The parties to the UN Framework Convention on Climate Change (FCCC), negotiating for a global climate change in Paris, have produced a draft of an agreement. The draft amounts to 48...
December 4, 2015
Cabot president and CEO Patrick Prevost will take a medical leave of absence to recover from a minor stroke, the company says. Prevost expects to resume CEO duties in January....
December 4, 2015
EPA has asked a federal court to allow it to vacate and remand registration of Dow Chemical’s Enlist Duo herbicide, saying it has received information from Dow that suggests the active ingredients could result in greater toxicity to nontarget plants....
December 3, 2015
The European Parliament and the European Commission have reached an agreement that all members of the European Parliament will have access to all categories of confidential documents...
December 3, 2015
The European Commission has released details of its “ambitious” new circular economy package, designed to facilitate the move to a more circular economy. The package will...
November 20, 2015
Air Liquide has agreed to acquire Airgas for $13.4 billion in a deal that Air Liquide says would establish it as the largest industrial gases firm....
November 20, 2015
European chemical output grew during the first eight months of 2015 by 0.3% compared with the corresponding period in 2014, and producer prices fell by 4.5% year-on-year (YOY), Cefic...
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