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Displaying 261 - 280 of 438 stories.
March 23, 2009
LyondellBasell has missed the deadline for paying interest on European bonds due in 2015, but a 60-day restraining order recently approved by a U.S. bankruptcy court gives the company...
http://www.chemweek.com/sections/top_of_the_week/LyondellBasell-Misses-European-Payment-Creditors-Seek-Investigation-into-2007-Merger_17734.html
March 22, 2009
Dow Chemical has agreed to complete the acquisition of Rohm and Haas (R&H) on April 1, resolving litigation between the companies. R&H shareholders will receive the $78/share...
http://www.chemweek.com/sections/top_of_the_week/Dow-Rohm-and-Haas-Reach-Settlement_17733.html
March 6, 2009
Dow Chemical may be in talks with several private equity firms, including New York-based Blackstone Group and Kohlberg Kravis Roberts & Co., about taking a minority stake in Dow...
http://www.chemweek.com/sections/top_of_the_week/Dow-Ag-Division-Sale-Rumored-as-R-and-H-Trial-Nears_17444.html
March 6, 2009
The Supreme Court ruled last week that FDA approval does not shield drug companies from personal injury suits, a decision that will have major implications for personal injury lawsuits...
http://www.chemweek.com/sections/top_of_the_week/Supreme-Court-Tort-Ruling-Deals-Set-Back-to-Industry_17490.html
March 2, 2009
International Petroleum Investment Co. (IPIC; Abu Dhabi) has agreed to acquire Nova Chemicals for $6/share in cash. The deal values Nova at $2.3 billion including debt and will allow...
http://www.chemweek.com/sections/top_of_the_week/Abu-Dhabis-IPIC-Agrees-to-Acquire-Nova-Chemicals_17296.html
March 2, 2009
AkzoNobel reported a net loss of €1.5 billion ($1.9 billion) for the fourth quarter of 2008, compared with a €56-million profit in the year-earlier period. The loss includes...
http://www.chemweek.com/sections/top_of_the_week/AkzoNobel-Writes-Down-Former-ICI-Assets-Posts-a-Big-Fourth-Quarter-Net-Loss_17297.html
February 23, 2009
Dow Chemical last week slashed its quarterly dividend, permanently shut a Texas polyolefins site, and scaled back plans for projects in the U.S. and South America. Dow’s...
http://www.chemweek.com/sections/top_of_the_week/Dow-Slashes-Dividend-Scales-Back-Expansion-Plans_17150.html
February 23, 2009
Total’s chemical business posted a more than doubling in adjusted net profits for the fourth quarter of 2008, to €177 million ($228 million), compared with the year-earlier...
http://www.chemweek.com/sections/top_of_the_week/Economic-Woes-Impact-European-Companies-Earnings_17151.html
February 9, 2009
Dow Chemical posted a fourth-quarter net loss of $1.56 billion as the global economic slowdown and inventory depletion across nearly all product chains fueled a 17% decline in...
http://www.chemweek.com/sections/top_of_the_week/Dow-Posts-Sharp-Loss-Lays-Out-Defense-in-R-and-H-Case_16901.html
January 26, 2009
BASF says that demand for its products in all regions did not pick up in the first half of January and that customers are continuing to destock. The company says it will, as a result...
http://www.chemweek.com/sections/top_of_the_week/BASF-Cuts-Staff-Hours-at-Several-Sites-in-Europe-as-Business-Slumps_16625.html
January 23, 2009
CF Industries (Deerfield, IL) has made an unsolicited bid to acquire Terra Industries for $2.1 billion in stock. The acquisition “would create a leader in the global fertilizer...
http://www.chemweek.com/sections/top_of_the_week/CF-Industries-Launches-Unsolicited-Bid-to-Buy-Terra_16626.html
January 16, 2009
The U.S. Climate Action Partnership (USCAP; Washington), a coalition including Dow Chemical and DuPont as well as environmental groups, has released a detailed plan for curbing climate...
http://www.chemweek.com/sections/top_of_the_week/USCAP-Offers-Congress-a-Blueprint-for-Climate-Action_16484.html
January 16, 2009
Tronox says it has filed for Chapter 11 bankruptcy protection for its U.S. operations, citing a need for relief from legacy environmental liabilities. Most of the liabilities are not...
http://www.chemweek.com/sections/top_of_the_week/Tronox-Files-for-Chapter-11-Bankruptcy-Protection_16485.html
January 13, 2009
Mosaic and Monsanto beat analysts’ expectations for the quarter ended November 30, 2008, as each firms’ earnings more than doubled from the same year-ago quarter. However...
http://www.chemweek.com/sections/top_of_the_week/Earnings-Mixed-at-AgChem-firms_16265.html
January 13, 2009
LyondellBasell Industries’ U.S. operations and one of its European holding companies filed for Chapter 11 bankruptcy protection last week, after ongoing negotiations with lenders...
http://www.chemweek.com/sections/top_of_the_week/LyondellBasells-U-S-Unit-Files-for-Bankruptcy-Protection_16266.html
December 22, 2008
Hemlock Semiconductor (Hemlock, MI), Dow Corning’s majority-owned joint venture, says it will invest up to $3 billion to boost polysilicon production for solar power...
http://www.chemweek.com/sections/top_of_the_week/Dow-Corning-Hemlock-to-Invest-$3-Billion-in-Polysilicon_16004.html
December 22, 2008
European Union (EU) leaders meeting in Brussels have unanimously agreed to cut EU greenhouse gas (GHG) emissions 20% below 1990 levels by 2020. Members of the EU Parliament have also...
http://www.chemweek.com/sections/top_of_the_week/EU-Signs-Climate-Agreement-Makes-Concessions-to-Industry_16005.html
December 15, 2008
Dow Chemical says it will eliminate 5,000 full-time jobs, 11% of its global workforce, close 20 facilities in high-cost locations, and divest several businesses. The program targets...
http://www.chemweek.com/sections/top_of_the_week/Dow-to-Cut-11-percent-of-Workforce-Shut-or-Idle-200-Plants_15859.html
December 15, 2008
Chemtura has named Craig Rogerson as chairman and CEO, replacing Robert Wood who resigned for personal reasons, the company says. Rogerson had served as president and CEO of Hercules...
http://www.chemweek.com/sections/top_of_the_week/Chemtura-Names-Craig-Rogerson-as-CEO_15860.html
December 8, 2008
DuPont says it will cut about 2,500 jobs and temporarily idle more than 100 sites to address current market challenges and focus on maximizing cash flow. “We must get our cost...
http://www.chemweek.com/sections/top_of_the_week/DuPont-Cutting-2500-Jobs-Expects-Fourth-Quarter-Loss_15724.html
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