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Displaying 241 - 260 of 579 stories.
August 17, 2012
DSM has agreed to acquire animal nutrition firm Tortuga Companhia Zootécnica Agrária (São Paulo) for a total enterprise value of about €465 million ($574...
August 17, 2012
Economic uncertainty driven by the crisis and recession in Europe tarnished second-quarter results for late-reporting chemical companies. While most companies remained profitable...
August 3, 2012
Recessionary conditions in Europe and moderating growth in China sent second-quarter earnings reports sharply lower for many companies. Executives expect conditions to remain...
August 3, 2012
BASF reported a 15.5% decrease in second-quarter 2012 net profits compared with the year-ago period, to €1.2 billion ($1.5 billion) on sales up 5.5% year-on-year, to €19.5...
July 20, 2012
Olin says it will acquire caustic soda distributor and bleach maker K.A. Steel (Lemont, IL) for $328 million in cash. K.A. Steel is one of the largest distributors of caustic soda in...
July 20, 2012
PPG Industries has agreed to merge its commodity chemicals business with Georgia Gulf in a deal valued at $2.1 billion. The deal calls for PPG’s commodity business to be...
July 11, 2012
Bayer CropScience says it has agreed to acquire biopesticide firm AgraQuest (Davis, CA) for €340 million ($425 million), plus milestone payments. Bayer says the deal will enable...
July 6, 2012
Reitzle: Taking the next big step. Linde has entered into a definitive agreement to acquire Lincare Holdings (Clearwater, FL), a home health-care company, for about $4.6 billion. Linde...
June 22, 2012
The owners of Evonik Industries have postponed indefinitely plans for an initial public offering (IPO) for the company. Majority shareholder RAG Foundation (Essen, Germany) cites...
June 15, 2012
Growing economic uncertainty, falling energy and chemical prices, and indications of weakening demand have producers recalibrating second-half expectations as sharp drops in energy and...
June 15, 2012
Rohr: Methanol returns to U.S. Celanese says it will build a methanol production facility at its Clear Lake, TX acetyls complex. “The positive developments in the U.S. energy...
June 1, 2012
The U.S. Senate and House of Representatives have approved separate bills that would revise FDA’s ability to oversee certain provisions related to pharmaceutical ingredients and...
May 18, 2012
Eramo: Asian demand will drive global growth. The state of the global petrochemical industry and strategies for chemical markets in Asia topped discussion at the Asia Petrochemical...
May 18, 2012
Albemarle says it will exit the phosphorous flame retardants business, and will shut related capacity at its Avonmouth, UK and Nanjing, China sites. The affected business had annual...
April 27, 2012
First-quarter earnings reports at diversified, commodity, and industrial gases firms showed mixed results, as increasing stability in U.S. markets and industrial segments were offset...
April 20, 2012
Early first-quarter results were positive with raw material cost inflation was more than offset by rising volumes and selling prices. DuPont and Albemarle beat analysts’...
April 20, 2012
Fleming: Acquisition immediately accretive. Cytec Industries has reached a deal to acquire Umeco (Leamington Spa, U.K.), a maker of advanced composite materials for industrial and...
April 6, 2012
Dow Chemical says it will implement several cost-reduction efforts including plant closures and about 900 jobs, in response to “continued weakness” in the European economy. The...
March 23, 2012

Chemical demand growth in China has fallen below the double-digit percentage pace it has sustained over the last few years, but producers and analysts are confident that a feared “hard landing” can be avoided. China still offers the industry’s best growth prospects, they say. Year-over-year chemical production growth fell below 10% in September 2011 for the first time in two years, and it has continued to moderate through early 2012.


March 16, 2012
The U.S., European Union (EU), and Japan have launched a legal challenge to China’s restrictions on exports of rare earths. They have jointly requested dispute settlement...
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