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Displaying 341 - 360 of 522 stories.
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...
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...
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...
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...
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...
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...
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...
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