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Displaying 301 - 320 of 493 stories.
June 12, 2009
The trial for Huntsman’s multibillion lawsuit against Credit Suisse and Deutsche Bank is scheduled to begin June 15 in Montgomery County, TX district court. Huntsman filed the...
http://www.chemweek.com/sections/top_of_the_week/Huntsmans-Trial-Against-Banks-Opens-This-Week_19483.html
May 29, 2009
Ineos’s creditors were expected at CW’s presstime last week to approve the company’s request for an extension to its debt covenant waiver. Ineos made the request last...
http://www.chemweek.com/sections/top_of_the_week/Ineos-Buys-More-Time-From-Its-Creditors_19231.html
May 29, 2009
Speculation is mounting over which potential partners could replace Petrochemical Industries Co. (PIC; Safat, Kuwait) in K-Dow, a proposed 50-50 joint venture with Dow Chemical that...
http://www.chemweek.com/sections/top_of_the_week/Dow-Holds-JV-Talks-with-IPIC-Aramco-Plans-to-Quit-Optimal_19269.html
May 29, 2009
Speculation is mounting over which potential partners could replace Petrochemical Industries Co. (PIC; Safat, Kuwait) in K-Dow, a proposed 50-50 joint venture with Dow Chemical that...
http://www.chemweek.com/sections/top_of_the_week/Dow-Holds-JV-Talks-with-IPIC-Aramco-Plans-to-Quit-Optimal_19211.html
May 22, 2009
Evonik Industries reported a first-quarter 2009 net loss of €46 million ($62 million) compared with profits of €284 million in the year-ago quarter on sales down 19%, to...
http://www.chemweek.com/sections/top_of_the_week/Late-Reporting-European-Firms-Post-Further-First-Quarter-Losses_19067.html
May 22, 2009
Dow Chemical says it has agreed to sell its 45% stake in a Dutch refining partnership with Total, Total Raffinaderij Nederland, to Valero Energy for about $725 million. The deal is...
http://www.chemweek.com/sections/top_of_the_week/Dow-Divests-Assets-Defends-Rohm-and-Haas-Purchase_19074.html
May 8, 2009
Four lawmakers have asked the Chemical Safety and Hazard Investigation Board (CSB; Washington) to conduct a review of Bayer CropScience’s continued use and storage of methyl...
http://www.chemweek.com/sections/top_of_the_week/Safety-Board-to-Review-Alternatives-to-Bayer-MIC-Process_18789.html
May 4, 2009
Lower sales volumes continued to take a toll on first-quarter earnings but most firms were still able to turn profits, largely helped by cost-cutting initiatives. Several firms also...
http://www.chemweek.com/sections/top_of_the_week/Earnings-Keep-Falling-but-Several-Firms-Beat-Estimates_18617.html
May 4, 2009
Celanese says it has agreed to sell its polyvinyl alcohol (PVOH) business to Sekisui Chemical (Osaka) for $173 million, excluding the value of accounts receivables and payables...
http://www.chemweek.com/sections/top_of_the_week/Sekisui-Chemical-to-Acquire-Celanese-PVOH-Business_18619.html
April 24, 2009
Basic and diversified chemical makers posted huge earnings declines in the first quarter on continued economic weakness, although most firms beat modest expectations. Sales volumes did...
http://www.chemweek.com/sections/top_of_the_week/First-Quarter-Earnings-Tumble-on-Continued-Weak-Demand_18457.html
April 24, 2009
EPA has determined that greenhouse gases (GHGs), including carbon dioxide (CO2), contribute to air pollution that may endanger public health or welfare, a finding that is a major step...
http://www.chemweek.com/sections/top_of_the_week/EPA-Says-Greenhouse-Gases-Pose-A-Threat-to-Public-Health_18458.html
April 10, 2009
Venezuelan president Hugo Chávez and the government of Japan have signed 12 agreements to explore energy, infrastructure, and petrochemical projects in Venezuela. Chávez...
http://www.chemweek.com/sections/top_of_the_week/Venezuela-and-Japan-Study-Petchem-Investments_18176.html
April 10, 2009
LyondellBasell says it will cut more than 3,000 jobs, about 17% of its total workforce, and reduce the number of its outside contractors by 2,000, almost 30% of the total. The...
http://www.chemweek.com/sections/top_of_the_week/LyondellBasell-Increases-Cost-Reduction-Target-Cuts-Jobs-and-Closes-Plants_18177.html
April 3, 2009
Dow Chemical completed the acquisition of Rohm and Haas (R&H) last week, meeting the closure deadline that the companies agreed to in court last month....
http://www.chemweek.com/sections/top_of_the_week/Dow-Completes-Rohm-and-Haas-Deal-Agrees-to-Sell-Morton-Salt-Unit-to-K+S_18009.html
April 3, 2009
Engineering and construction (E&C) equipment and materials costs remain volatile but are expected to start falling as early as the fourth quarter or early 2010, says Jim Scotti...
http://www.chemweek.com/sections/top_of_the_week/Report-Some-E-and-C-Costs-Likely-to-Fall-15-percent-by-2010_18010.html
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
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