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Displaying 261 - 280 of 515 stories.
November 19, 2010
ACC president and CEO Cal Dooley said last week that industry will not back away from efforts to overhaul the Toxic Substances Reform Act (TSCA) despite changes in control of Congress...
November 19, 2010
Petronas Chemicals (Kuala Lumpur) says it raised RM12.8 billion ($4.1 billion) after pricing its shares at the top end of the projected range for its previously announced initial...
November 12, 2010
Chemtura exited from bankruptcy protection last week, some 20 months after sharp demand declines and debt burdens drained liquidity and forced a Chapter 11 filing. The company’s...
November 12, 2010
Ashland has agreed to sell its distribution business to private equity firm TPG Capital (Fort Worth, TX) for $930 million. “The sale completes a major step in our multi-year...
October 29, 2010
Basic and diversified chemical companies posted big profit gains in the quarter ended September 30, and most beat the consensus of analysts’ estimates as reported by Thomson One (New...
October 15, 2010
LyondellBasell says shares of its common stock began trading on the New York Stock Exchange (NYSE) on October 14. Class A ordinary shares will trade under the symbol LYB and Class B...
October 15, 2010
Chevron Phillips Chemical (CPChem) says it will build a 200,000-m.t./year linear alpha olefins (LAO) plant at its Cedar Bayou complex in Baytown, TX. The 1-hexene plant is expected to...
October 11, 2010
AZ Electronic Materials (Luxembourg) is planning an initial public offering (IPO) worth at least $400 million on the London Stock Exchange, the company announced earlier this month...
October 8, 2010
A European Food Safety Authority (EFSA; Brussels) advisory panel has concluded there is no scientific data to support revising its Tolerable Daily Intake (TDI) level for bisphenol A...
September 24, 2010
Evonik Industries says it has decided to divest its carbon black business. The company announced last July that it was considering options for the business including divestment. Evonik...
September 24, 2010
PotashCorp has filed suit to block BHP Billiton’s $38.6-billion hostile takeover bid, claiming the Australian mining firm’s offer is “built upon false and misleading statements...
September 17, 2010
Private equity firm Apollo Management (New York) says it is merging Momentive Performance Materials and Hexion to create one of the world’s largest specialty chemicals and...
September 17, 2010
Eastman Chemical has raised its third-quarter and full-year 2010 earnings estimates on improved selling prices and strong sales volumes that outpaced normal seasonal patterns...
September 10, 2010
Airgas has spurned Air Products’ latest acquisition offer, once again dismissing it as an “opportunistic attempt to cut off the Airgas stockholders’ ability to...
September 3, 2010
The Brazilian Administrative Council for Economic Defense (CADE; Rio de Janeiro) has fined five industrial gases firms for forming a cartel to limit competition. The firms named by...
September 3, 2010
Private equity firm Clayton, Dubilier & Rice (CD&R; New York) has agreed to acquire a 42.5% stake in Univar for about $1.8 billion. Univar will postpone its planned initial...
August 20, 2010
BHP Billiton (Melbourne), the world’s biggest mining company, has launched a $38.6-billion hostile bid to acquire Potash Corp. of Saskatchewan (PotashCorp), the world’s biggest...
August 6, 2010
Most commodity and diversified chemical companies posted another consecutive quarter of big profit and revenue growth for the period ended June 30 (table). Producers are optimistic...
July 23, 2010
Chemical makers are reporting strong earnings and revenue gains so far in the second quarter, and most say they expect recovery to continue in the second half of 2010. Air Products and...
July 23, 2010
Honam Petrochemical (Seoul) has agreed to acquire a majority stake in Titan Chemicals (Kuala Lumpur) in an all-cash deal valued at about won1.5 trillion ($1.25 billion). Honam plans to...
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