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Displaying 341 - 360 of 528 stories.
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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